San Jose, Calif., December 8, 2020 – Inspire Investing, a leading biblically responsible ETF (exchange traded fund) firm, launches two more actively managed ETFs rounding out their offering to eight funds. The two new ETFs are the Inspire Faithward Large Cap Momentum ETF (NYSE: FEVR) and the Inspire Faithward Mid Cap Momentum ETF (NYSE: GLRY), which are sub-advised by Faithward Capital. This news comes less than 5 months after Inspire launched the world’s first actively managed faith-based ETF, the Inspire Tactical Balanced ETF (NYSE: RISN), back in July.
Both ETFs utilize a dual screening approach where Faithward Capital overlays their FEVRR investment screening process on top of the Inspire Impact Score methodology, which identifies some of the most inspiring, biblically aligned companies in the world. The FEVRR process screens companies based on financial health, earnings trends, valuation, relative strength, and risk to find high quality stocks with strong profit potential.
Here is what Inspire CEO, Robert Netzly, had to say, “By the grace of God, we have continued to see an increase in demand for faith-based investments, even in the midst of a pandemic. We are humbled to be able to launch two biblically responsible options with Faithward Capital for those investors looking to incorporate active management in their portfolios.”
Faithward Capital is a biblically responsible third-party asset management firm located in Lancaster, Pennsylvania. They serve both financial advisors and institutions by helping align Christian faith and personal values with financial stewardship.
Here is what Faithward Capital’s Senior Portfolio Manager, Jay Peroni, had to say about the new funds launching, “We are truly excited to partner with Inspire to launch these ETFs to the masses. Our team is thrilled to be able to better serve our clients using our active biblically responsible investment (BRI) management strategies while also expanding the biblically responsible investing universe.”
Designed as a core holding, the Inspire Faithward Large Cap Momentum ETF (NYSE: FEVR) is a biblically responsible ETF that seeks to maximize growth with lower volatility than the broader US large cap stock market. FEVR is comprised of 40-50 biblically aligned large cap companies in the United States, as defined by the Inspire Impact Score™. The fund is actively managed, has an expense ratio of 0.85% and requires constituents to have a minimum $10B market cap or higher and be domiciled inside the US.
For more information on the Inspire Faithward Large Cap Momentum ETF, visit www.inspireetf.com/FEVR.
Also with an expense ratio of 0.85%, the Inspire Faithward Mid Cap Momentum ETF (NYSE: GLRY) is a biblically responsible ETF that seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. mid cap stock market. GLRY is comprised of 40-50 biblically aligned mid cap companies in the United States, as defined by the Inspire Impact Score™. The fund is actively managed and requires constituents to have between $3 billion and $10 billion market cap and be domiciled inside the US.
For more information on the Inspire Faithward Mid Cap Momentum ETF, visit www.inspireetf.com/GLRY.
This is Inspire’s 8th fund launch in 4 years, building on the success of their previous biblical ETFs and continuing their aggressive and innovative efforts to advance the biblically responsible investing (BRI) industry. As of November 13, 2020, Inspire’s biblical ETFs have gained over $649 million in assets, raising eyebrows among the Wall Street establishment and mainstream media alike. To learn more about Inspire ETFs, visit www.inspireetf.com.
This growth has gained them recognition as the 3rd fastest-growing firm out of 713 firms, according to Financial Advisor Magazine’s “RIA Survey and Ranking 2019” report dated, August 2020. Inspire grew total assets under management (AUM) by 152.03% during calendar year 2019, rising from $251M at the outset to $634M in total AUM at year end.
Inspire’s Discretionary Assets Under Management (AUM) has grown another 23% so far this year, bringing total assets to $780M as of November 13, 2020.
Inspire Investing is a leading biblically responsible investing firm that specializes in biblically responsible ETFs. All solutions utilize the innovative Inspire Impact Score methodology, which measures a company's positive impact on the world to identify companies that align with the values of faith-based investors.
Inspire also donates 50% or more of net corporate profits to support impactful ministry projects around the globe. Most recently Inspire adopted a village in the coffee farming mountains of Guatemala and is working to provide a church building, clean water, improved education, a fully functional medical clinic, and child sponsorship to completely transform the lives of the those living in that impoverished village.
Visit www.inspireinvesting.com/ to learn more about Inspire’s biblically responsible investment products and inspiring impact projects.
Media contact:
Eric Smyth
Media Relations
(831)382-6572
inspire@inspireinvesting.com
Important Risk Information
The Fund invests its assets in securities with an Inspire Impact Score® of zero or higher. As a result of its strategy, the Fund's exclusion of securities of certain issuers for nonfinancial reasons may cause the Fund to forgo some market opportunities available to funds that do not use these criteria. The value of investments in larger companies may not rise as much as smaller companies, or larger companies may be unable to respond quickly to competitive challenges, such as changes in technology and consumer tastes.
ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market Price returns are based upon the official closing price on the listing exchange (NYSE ARCA) at 4:00 p.m. ET when NAV is normally determined for most Inspire Funds, and do not represent the returns you would receive if you traded shares at other times.
An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid.
There is no guarantee that the Funds will achieve their objective, generate positive returns, or avoid losses. Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, call 877.658.9473, or visit www.inspireetf.com. Read it carefully. The Inspire ETFs are distributed by Foreside Financial Services LLC., Member FINRA. Inspire and Foreside Financial Services LLC are not affiliated. Copyright © 2025 Inspire. All rights reserved.
