FDLS Performance — Inspire Fidelis Multi Factor ETF
Data updated: 2026-07-28
FDLS returned +13.69% year to date and +35.74% over one year to May 2026. The annualised 3-year return is +21.49%. The fund beat its US Small Blend category average: $100 invested three years ago grew to $179, against $160 for the category, and to $136 over one year, against $132. Volatility over the past three years was 18.00% a year. In the 12 months to May 2026 the fund took in a net $84.2M, and assets reached $201.58M.
FDLS Growth of $100
What $100 invested in Inspire Fidelis Multi Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | FDLS | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $136 | $132 |
| 3 years (Jun 2023 – May 2026) | $179 | $160 |
| Since data start (Jun 2022 – May 2026) | $178 | $153 |
FDLS Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.69% |
| 1 year | +35.74% |
| 3 years (annualised) | +21.49% |
FDLS Annual Returns
Calendar-year total returns of Inspire Fidelis Multi Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +13.69% |
| 2025 | +22.38% |
| 2024 | +7.43% |
| 2023 | +21.40% |
| 2022 (Jun–Dec) | −2.06% |
FDLS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.9% | +4.6% | −5.5% | +10.0% | −0.3% | — | — | — | — | — | — | — |
| 2025 | +4.9% | −3.0% | −5.9% | −1.6% | +8.9% | +5.6% | +0.4% | +6.7% | +2.9% | −0.7% | +3.8% | −0.4% |
| 2024 | −2.3% | +3.4% | +3.1% | −4.5% | +4.9% | −2.7% | +5.8% | +0.4% | +0.2% | −1.3% | +9.9% | −8.3% |
| 2023 | +7.5% | −0.3% | −3.7% | −3.6% | +1.6% | +10.6% | +4.7% | −2.5% | −4.2% | −6.3% | +9.1% | +8.5% |
| 2022 | — | — | — | — | — | 0.0% | 0.0% | −4.1% | −8.2% | +12.5% | +5.3% | −6.1% |
FDLS Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 18.00%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +10.64% (Jun 2023)
- Worst month: −8.29% (Dec 2024)
FDLS Fund Flows
Monthly money in and out of Inspire Fidelis Multi Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $84.2M
- 12-month gross sales (incl. reinvestments): $232.8M
- Sales ÷ redemptions: 1.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $7.1M | $0 | $7.1M |
| Apr 2026 | $12.9M | $924K | $12.0M |
| Mar 2026 | $55.1M | $46.8M | $8.3M |
| Feb 2026 | $16.5M | $0 | $16.5M |
| Jan 2026 | $12.1M | $0 | $12.1M |
| Dec 2025 | $51.1M | $43.1M | $8.0M |
| Nov 2025 | $6.0M | $0 | $6.0M |
| Oct 2025 | $2.6M | $0 | $2.6M |
| Sep 2025 | $39.0M | $36.9M | $2.1M |
| Aug 2025 | $2.5M | $0 | $2.5M |
| Jul 2025 | $4.0M | $0 | $4.0M |
| Jun 2025 | $23.9M | $20.9M | $3.0M |
FDLS Assets Under Management
Net assets of Inspire Fidelis Multi Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $201.58M |
| 2026-02-28 | $167.62M |
| 2025-11-30 | $118.67M |
| 2025-08-31 | $101.15M |
| 2025-05-31 | $80.68M |
| 2025-02-28 | $80.94M |
| 2024-11-30 | $94.65M |
| 2024-08-31 | $84.13M |
| 2024-05-31 | $83.18M |
| 2024-02-29 | $85.20M |
| 2023-11-30 | $70.58M |
| 2023-08-31 | $63.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.