BIBL
(Inspire 100 ETF) is an exchange-traded fund (ETF) managed by Inspire
Investing. The ETF seeks to track the performance of the Inspire 100
Index, which is a benchmark designed to identify 100 large-cap
companies that are aligned with biblical values.
The Inspire
100 Index uses a proprietary methodology to identify companies that
are deemed to be "biblically aligned" based on a range of criteria,
including positive environmental, social, and governance (ESG)
practices, ethical business operations, and positive societal impact.
The index is composed of companies from a range of sectors, including
technology, healthcare, and financials.
As of September 2021,
the BIBL ETF had total net assets of around $180 million and was
invested in a diversified portfolio of stocks from the Inspire 100
Index. The fund's top holdings included companies such as Microsoft,
Amazon, and Apple.
In terms of performance, BIBL has delivered
solid returns since its inception in December 2017, with an annualized
return of around 20% as of September 2021. The ETF's focus on
companies that are aligned with biblical values may make it a suitable
option for investors who are looking to invest in a way that aligns
with their values and beliefs.
Investors should keep in mind
that like all investments, BIBL carries risks, including the risk that
the underlying Inspire 100 Index may not perform as expected or that
individual companies in the portfolio may experience declines in their
ESG practices or ethical operations. Additionally, the ETF charges an
expense ratio of 0.35%, which is in line with the average expense
ratio for ETFs that track socially responsible investment (SRI)
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