Inspire 100 ETF (BIBL) seeks to track the Inspire 100 Index, which measures the performance of the 100 largest U.S. companies that align with biblical values through faith-based screening criteria. This large-cap equity ETF excludes companies involved in activities deemed inconsistent with Christian principles while maintaining broad market exposure.
How It Works
BIBL uses a rules-based screening methodology that starts with the largest 100 U.S. companies by market capitalization, then applies biblical values filters to exclude businesses involved in abortion, pornography, gambling, tobacco, and other activities. The remaining companies are weighted by market capitalization and rebalanced quarterly. The fund typically holds 80-95 stocks after screening, creating a concentrated large-cap portfolio with values-based constraints on traditional index investing.
Key Features
- Faith-based screening process excludes companies conflicting with biblical principles while maintaining large-cap U.S. market exposure
- Zero expense ratio makes it one of the lowest-cost values-based ETFs available to Christian investors
- Concentrated portfolio of 80-95 holdings focuses on largest qualifying companies, creating higher individual stock weightings
Risks
- This ETF can lose value when large-cap U.S. stocks decline, potentially dropping 25-35% during market downturns like traditional equity funds
- Values-based screening reduces diversification by excluding entire sectors, creating concentration risk in qualifying industries and companies
- Limited performance history since 2017 inception makes it difficult to assess long-term risk-adjusted returns versus broad market benchmarks
Who Should Own This
Best suited for faith-based investors with 5+ year time horizons seeking large-cap U.S. equity exposure aligned with Christian values. Medium-to-high risk tolerance required due to equity volatility and sector concentration. Works as core holding (30-50% of equity allocation) for values-conscious portfolios or satellite position (10-20%) in traditional portfolios.