Inspire International ETF (WWJD) seeks to track an international equity index that applies biblically-based screening criteria to exclude companies involved in activities conflicting with Christian values. This faith-based international ETF provides exposure to developed and emerging market stocks outside the United States while maintaining alignment with biblical principles.
How It Works
WWJD uses a rules-based screening methodology that filters international stocks through biblical criteria, excluding companies involved in activities like alcohol, tobacco, gambling, pornography, and abortion services. The fund employs a market-capitalization-weighted approach among remaining eligible securities, with periodic rebalancing to maintain index alignment. Holdings span developed and emerging markets internationally, providing geographic diversification while adhering to faith-based investment principles through active screening processes.
Key Features
- Combines international equity diversification with biblically-responsible investing principles, appealing to faith-based investors seeking global exposure
- Zero expense ratio makes it cost-competitive among international ETFs, though limited assets may impact liquidity
- 2.42% dividend yield provides income generation from international dividend-paying companies that pass biblical screening criteria
Risks
- This ETF can lose value during international market downturns, with emerging markets potentially declining 40-50% during global crises
- Biblical screening criteria significantly limit investment universe, potentially excluding entire sectors and reducing diversification compared to broad international ETFs
- Minimal assets under management creates liquidity risk with potentially wide bid-ask spreads and difficulty trading large positions
Who Should Own This
Best suited for faith-based investors with 5+ year time horizons seeking international equity exposure aligned with Christian values. Medium-to-high risk tolerance required due to international market volatility. Works as satellite holding (10-20% of equity allocation) complementing domestic faith-based investments in values-driven portfolios.