Faith ETF Exorcises Magnificent 7 Demons, But Portfolio Crashes Harder Than a Buggy Ark

The Sunday Investor analyzed the Inspire 500 ETF, which applies faith-based screens to the 500 largest US companies, with a 0.09% expense ratio and $646 million in assets. The ETF's screens result in a significant quality cost, with worsened margins and capital efficiency ratios due to the exclusion of top market leaders. As of the analysis, the Inspire 500 ETF has been assigned a "sell" rating, citing its compromised quality as a key factor, with the analyst holding a long position in the SPY shares.