ISMD Performance — Inspire Small/Mid Cap ETF
Data updated: 2026-07-28
ISMD returned +21.92% year to date and +39.19% over one year to May 2026. Annualised returns are +18.05% over 3 years and +7.93% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $165, against $156 for the category, and to $139 over one year, against $122. Volatility over the past three years was 20.06% a year. In the 12 months to May 2026 the fund took in a net $63.3M, and assets reached $316.82M.
ISMD Growth of $100
What $100 invested in Inspire Small/Mid Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | ISMD | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $139 | $122 |
| 3 years (Jun 2023 – May 2026) | $165 | $156 |
| 5 years (Jun 2021 – May 2026) | $146 | $143 |
| Since data start (Mar 2020 – May 2026) | $226 | $207 |
ISMD Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.92% |
| 1 year | +39.19% |
| 3 years (annualised) | +18.05% |
| 5 years (annualised) | +7.93% |
ISMD Annual Returns
Calendar-year total returns of Inspire Small/Mid Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +21.92% |
| 2025 | +4.25% |
| 2024 | +9.84% |
| 2023 | +17.28% |
| 2022 | −13.65% |
| 2021 | +28.42% |
| 2020 (Mar–Dec) | +24.75% |
ISMD 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 | +6.7% | +1.5% | −4.0% | +11.5% | +5.2% | — | — | — | — | — | — | — |
| 2025 | +1.9% | −4.7% | −6.1% | −4.3% | +4.7% | +4.4% | +0.4% | +9.2% | −0.2% | −1.9% | +1.0% | +0.8% |
| 2024 | −3.8% | +4.0% | +4.3% | −6.2% | +4.6% | −1.5% | +10.7% | −1.8% | +0.9% | −2.8% | +10.2% | −7.3% |
| 2023 | +11.1% | −1.8% | −4.5% | −2.3% | −2.2% | +8.6% | +6.6% | −4.8% | −6.5% | −5.9% | +8.6% | +11.8% |
| 2022 | −6.5% | +0.8% | +0.9% | −7.0% | +1.4% | −8.1% | +10.2% | −3.6% | −9.9% | +10.8% | +4.7% | −5.6% |
| 2021 | +4.6% | +8.6% | +3.9% | +2.5% | +2.4% | −0.7% | −2.3% | +1.5% | −2.6% | +4.0% | −1.8% | +5.7% |
| 2020 | — | — | −21.7% | +12.9% | +4.3% | +1.8% | +3.4% | +3.1% | −5.6% | +2.0% | +19.6% | +8.2% |
ISMD Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 20.06%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +11.83% (Dec 2023)
- Worst month: −7.32% (Dec 2024)
ISMD Fund Flows
Monthly money in and out of Inspire Small/Mid Cap ETF, from SEC Form N-PORT.
- 12-month net flow: $63.3M
- 12-month gross sales (incl. reinvestments): $113.8M
- Sales ÷ redemptions: 2.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $9.3M | $0 | $9.3M |
| Apr 2026 | $6.6M | $18.1M | −$11.5M |
| Mar 2026 | $23.7M | $0 | $23.7M |
| Feb 2026 | $10.6M | $4.2M | $6.4M |
| Jan 2026 | $8.2M | $6.1M | $2.1M |
| Dec 2025 | $5.8M | $0 | $5.8M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $3.9M | $1.9M | $2.0M |
| Sep 2025 | $11.6M | $3.9M | $7.7M |
| Aug 2025 | $7.6M | $7.2M | $319K |
| Jul 2025 | $7.3M | $8.9M | −$1.6M |
| Jun 2025 | $19.2M | $0 | $19.2M |
ISMD Assets Under Management
Net assets of Inspire Small/Mid Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $316.82M |
| 2026-02-28 | $261.20M |
| 2025-11-30 | $226.05M |
| 2025-08-31 | $219.93M |
| 2025-05-31 | $175.74M |
| 2025-02-28 | $184.03M |
| 2024-11-30 | $212.86M |
| 2024-08-31 | $193.89M |
| 2024-05-31 | $185.40M |
| 2024-02-29 | $173.08M |
| 2023-11-30 | $169.03M |
| 2023-08-31 | $170.86M |
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.