ISMD Inspire Small/Mid Cap ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

ISMD — —
Key stats
About

Inspire Small/Mid Cap ETF (ISMD) ETF

No description available.

Exchange
ARCX
Inception
2017-02-27
Has Options
No
Fund profile
holdings as of Oct 15, 2026third-party datathrough May 2026flows, SEC filings
US Equity Mid Cap Blend#23 of 63 by assets Inspire US Index-tracking
Expense ratio
0.53%
prospectus, filed Mar 26, 2026
Assets
$317M
shares × price, Oct 21, 2026
Trailing yield
1.44%
paid quarterly
Average daily volume
$1.4M
30 sessions
Holdings
504
top 10 are 2.5%
Listed
Feb 27, 2017
NYSE Arca
Last fee change
-4 bp
filed Mar 26, 2026
Closure risk, 12 months
0.9%
low · model
Tracking difference
-0.40 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
53
how it is built
Cost36
Liquidity38
Scale56
Diversification100

Moves with. US large-cap stocks (57% of its variance, beta 1.05); Small caps over large (36% of its variance, beta 0.82). These factors explain 86% of its daily moves over the last year.

Stated objective. The Inspire Small/Mid Cap ETF (the ?Fund?) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Inspire Small/Mid Cap Index (?Small/Mid Cap Index?). (from the fund's prospectus)

All 504 holdingsFlow historySimilar fundsOverlap toolAll Mid Cap Blend ETFs

Fund flows
through May 2026SEC filings
May 2026
+$9.3M
latest reported month
Latest 3 months
+$21M
+6.8% of assets
Latest 12 months
+$63M
+20.0% of assets
Jun 2025: +$19MJul 2025: −$1.6MJulAug 2025: +$319KSep 2025: +$7.7MSepOct 2025: +$2.0MNov 2025: $0NovDec 2025: +$5.8MJan 2026: +$2.1MJanFeb 2026: +$6.4MMar 2026: +$24M+$24MMarApr 2026: −$12M−$12MMay 2026: +$9.3MMay
View as a table
Net flows of ISMD by month, Jun 2025 to May 2026
MonthNet flow
May 2026+$9.3M
Apr 2026−$12M
Mar 2026+$24M
Feb 2026+$6.4M
Jan 2026+$2.1M
Dec 2025+$5.8M
Nov 2025$0
Oct 2025+$2.0M
Sep 2025+$7.7M
Aug 2025+$319K
Jul 2025−$1.6M
Jun 2025+$19M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 75 months ago

Similar funds
FundOverlapFeeAssets1Y
AVSCAvantis U.S. Small Cap Equity ETF34%0.25%$3.1B+21.5%compare
DFMCU.S. Micro Cap Portfolio ETF Class Shares34%0.41%——compare
JPSEJPMorgan Diversified Return US Small Cap Equity ETF34%0.29%$570M+12.9%compare
XJRiShares ESG Select Screened S&P Small-Cap ETF31%0.12%$209M+14.1%compare
IWMiShares Russell 2000 ETF31%0.19%$75.1B+11.4%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 15, 2026third-party data
Holdings vs fair value
+16.8%
54% under, 21% over · 98% covered
Price / earnings
—
27% loss-making · 97% covered
Price / book · sales
1.6 · 0.9
revenue growth +6.0%
Above 200-day average
47%
35% above 50-day · by weight
Short interest
9.9%
of float, weighted · 5.7 days to cover
Insider buying
11%
of weight had net insider buying, 90 days; 42% net selling
13F holders
+4.2%
change in shares held by institutions, latest quarter
Reporting earnings
30.4%
of weight in 7 days; 73.4% in 14
Largest contributors below fair value
PAR+50%BLKB+50%HLF+50%NRDS+50%PENG+50%
Largest contributors above fair value
LIND−41%AVNT−47%AAT−42%BETA−50%PGEN−50%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Feb 28, 2026 → May 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
IncreaseAGLAGILON HEALTH INC0.16%1.95%+116.1%
IncreasePENGPENGUIN SOLUTIONS INC (US)0.19%0.55%+17.1%
IncreaseAMBQAMBIQ MICRO INC0.20%0.55%+20.7%
DecreaseKOSKOSMOS ENERGY LTD0.48%0.17%−67.1%
ExitTPHTri Pointe Homes Inc0.27%——
DecreaseVSHVISHAY INTERTECHNOLOGY INC0.24%0.50%−15.6%
IncreaseTET1 ENERGY INC0.17%0.41%+56.8%
New positionSESSES AI CORP—0.24%—
ExitVREVeris Residential Inc0.23%——
ExitCVGWCalavo Growers Inc0.23%——

Full holdings and history

Under the hood
fiscal year to Nov 30, 2025SEC census
Authorized participants
3 active
of 5 with agreements; top 3 did 100%
Created · redeemed
$67M · $44M
over the fiscal year
Redemptions in kind
99%
creations 99% in kind
Creation unit
50,000
shares
Securities lending
1.56%
of assets on loan on average; earned 3.5 bp
Return vs index
-0.40 pts
after fees; +0.07 before; daily s.d. 0.69

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-05-31
Holdings
500
AUM
$316.7M
Provider
Nport
Inception
2017-02-27
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
0.53%
Dividend Yield
1.43%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-25 2026-10-01 $0.2293 CD
2026-06-26 2026-07-01 $0.2232 CD
2026-03-27 2026-04-01 $0.1105 CD
2025-12-17 2025-12-24 $0.1005 CD
2025-09-26 2025-10-01 $0.1149 CD
2025-06-26 2025-07-01 $0.1170 CD
Asset Allocation
Top Holdings
top 50 of 500 holdings
Symbol Name Weight % Asset Class Country
AGL AGILON HEALTH INC 1.95% Equity (common) US
— BBH SWEEP VEHICLE 1.13% Short-term investment US
MXL MAXLINEAR INC 0.91% Equity (common) US
AMBQ AMBIQ MICRO INC 0.55% Equity (common) US
PENG PENGUIN SOLUTIONS INC (US) 0.55% Equity (common) US
VSH VISHAY INTERTECHNOLOGY INC 0.50% Equity (common) US
RDW REDWIRE CORP 0.49% Equity (common) US
KOPN KOPIN CORP 0.44% Equity (common) US
AEHR AEHR TEST SYSTEMS INC 0.43% Equity (common) US
TE T1 ENERGY INC 0.41% Equity (common) US
CEVA CEVA INC 0.37% Equity (common) US
AEVA AEVA TECHNOLOGIES INC 0.36% Equity (common) US
SMTC SEMTECH CORP 0.34% Equity (common) US
HPP HUDSON PACIFIC PROPERTIES INC 0.34% Equity (common) US
WEST WESTROCK COFFEE COMPANY 0.33% Equity (common) US
PACK RANPAK HOLDINGS CORP 0.33% Equity (common) US
HELE HELEN OF TROY LTD 0.32% Equity (common) BM
TH TARGET HOSPITALITY CORP 0.32% Equity (common) US
ASPN ASPEN AEROGELS INC 0.32% Equity (common) US
IRDM IRIDIUM COMMUNICATIONS INC 0.32% Equity (common) US
TTMI TTM TECHNOLOGIES INC 0.31% Equity (common) US
JELD JELD-WEN HOLDING INC 0.31% Equity (common) US
COUR COURSERA INC 0.31% Equity (common) US
PLUG PLUG POWER INC 0.30% Equity (common) US
VSAT VIASAT INC 0.30% Equity (common) US
EOSE EOS ENERGY ENTERPRISES INC 0.30% Equity (common) US
COHU COHU INC 0.29% Equity (common) US
GRPN GROUPON INC 0.29% Equity (common) US
VECO VEECO INSTRUMENTS INC 0.29% Equity (common) US
IART INTEGRA LIFESCIENCES HOLDINGS CORP 0.29% Equity (common) US
AAON AAON INC 0.29% Equity (common) US
HLIT HARMONIC INC 0.29% Equity (common) US
ATEX ANTERIX INC 0.28% Equity (common) US
MYRG MYR GROUP INC 0.28% Equity (common) US
POWI POWER INTEGRATIONS INC 0.28% Equity (common) US
ADV ADVANTAGE SOLUTIONS INC 0.28% Equity (common) US
VRNS VARONIS SYSTEMS INC 0.27% Equity (common) US
KFRC KFORCE INC 0.27% Equity (common) US
MOV MOVADO GROUP INC 0.26% Equity (common) US
AMKR AMKOR TECHNOLOGY INC 0.26% Equity (common) US
DIOD DIODES INC 0.26% Equity (common) US
DNA GINKGO BIOWORKS HOLDINGS INC 0.26% Equity (common) US
CVLT COMMVAULT SYSTEMS INC 0.26% Equity (common) US
MTRN MATERION CORP 0.26% Equity (common) US
NWPX NWPX INFRASTRUCTURE INC 0.26% Equity (common) US
BHE BENCHMARK ELECTRONICS INC 0.26% Equity (common) US
ARW ARROW ELECTRONICS INC 0.26% Equity (common) US
PDFS PDF SOLUTIONS INC 0.25% Equity (common) US
PI IMPINJ INC 0.25% Equity (common) US
VIAV VIAVI SOLUTIONS INC 0.25% Equity (common) US
Non-Equity Breakdown
Inspire Small/Mid Cap ETF · NPORT-P period 2026-05-31 (filed 2026-07-28)
Net assets: $317M · 500 total positions · equity 98.84% · non-equity 1.13%
Non-equity holdings — 2 positions, 1.13% of NAV
Category Weight Value Positions
Short-term investment 1.13% $3.6M 2
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan6.02%-7.72%11.16%-2.97%2.69%6.37%2.59%
Feb6.17%0.21%-3.29%2.70%-3.16%0.31%0.49%
Mar1.59%2.09%-4.85%3.63%-4.21%-4.99%-1.12%
Apr0.75%-7.66%-2.07%-4.64%-4.26%10.98%-1.15%
May1.03%0.49%-2.21%4.63%3.68%4.70%2.05%
Jun-2.42%-8.38%7.45%-1.93%4.78%6.26%0.96%
Jul-3.15%9.14%5.89%11.83%-1.54%-2.08%3.35%
Aug2.01%-3.72%-4.99%1.48%11.03%-2.23%0.60%
Sep-2.85%-9.11%-7.47%3.69%0.62%-3.58%-3.12%
Oct2.16%9.05%-4.45%-1.12%-1.93%-0.77%*0.49%
Nov-3.85%2.52%7.68%9.63%0.95%--3.39%
Dec-1.12%-5.05%8.76%-7.93%0.96%---0.88%
Total5.88%-18.63%9.64%18.67%8.93%14.65%6.53%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $46.45
SMA 50: $47.81
SMA 200: $45.39
Current: $46.25
EMA 12: $46.22
EMA 26: $46.72
MACD: -0.5008 | Signal: 0.0328
BEARISH
ADX (14): 39.80
TREND
+DI: 20.45
−DI: 31.92

Momentum Oscillators

RSI (14): 43.80
NEUTRAL
Stoch %K: 33.50
Stoch %D: 26.45
Williams %R: -53.30

Volume & Volatility

BB Upper: $47.40
BB Lower: $45.50
NEUTRAL
OBV: 21,826
Vol SMA 20: 31,528
Vol ROC: -24.92%
ATR: $0.56
True Range: $0.40
HV 20: 12.7%
HV 30: 11.9%
HV 60: 12.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All ISMD news →
Showing 1–10 of 50
Page 1 of 5

ISMD Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.9497
Alpha: 4.63%
Correlation: 0.7193
R-Squared: 51.7%
Stock Volatility: 16.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

ISMD Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

108 filers4,927,479 shares$245.17M value
# Filer Shares Value % of Total % of Float Period
1 Inspire Advisors, LLC 1,579,201 $78.92M 32.19% — 2026-06-30
2 OneAscent Financial Services LLC 793,784 $39.69M 16.19% — 2026-06-30
3 Christian Investment Advisors, Inc. 336,477 $16.82M 6.86% — 2026-06-30
4 LPL Financial LLC Custodian 262,369 $13.12M 5.35% — 2026-06-30
5 Inspire Investing, LLC 206,820 $10.34M 4.22% — 2026-06-30
6 PAX Financial Group, LLC 200,796 $10.04M 4.09% — 2026-06-30
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 84,639 $3.94M 1.61% — 2026-09-30
8 Sound Financial Strategies Group, LLC 78,430 $3.92M 1.60% — 2026-06-30
9 SILVER OAK SECURITIES, INCORPORATED 70,865 $3.54M 1.45% — 2026-06-30
10 AlphaStar Capital Management, LLC 70,773 $3.28M 1.34% — 2026-09-30
11 Goldman Sachs Group Inc Custodian 64,475 $3.22M 1.31% — 2026-06-30
12 CREATIVE FINANCIAL DESIGNS INC /ADV 51,047 $2.55M 1.04% — 2026-06-30
13 GTS SECURITIES LLC 45,717 $2.29M 0.93% — 2026-06-30
14 Two Sigma Investments, LP Custodian 42,800 $2.14M 0.87% — 2026-06-30
15 UBS Group AG Custodian 41,621 $2.08M 0.85% — 2026-06-30
16 Simplicity Wealth,LLC 40,936 $2.05M 0.83% — 2026-06-30
17 Cetera Investment Advisers Custodian 37,044 $1.85M 0.76% — 2026-06-30
18 EverSource Wealth Advisors, LLC Custodian 36,857 $1.84M 0.75% — 2026-06-30
19 WorthPointe, LLC 35,099 $1.75M 0.72% — 2026-06-30
20 UNITED CAPITAL FINANCIAL ADVISORS, LLC 34,824 $1.74M 0.71% — 2026-06-30
21 IFP Advisors, Inc Custodian 37,020 $1.72M 0.70% — 2026-09-30
22 Citadel Advisors LLC Custodian 32,910 $1.65M 0.67% — 2026-06-30
23 CARLSON FINANCIAL, INC. 31,681 $1.58M 0.65% — 2026-06-30
24 Chevy Chase Trust Holdings, LLC 31,330 $1.57M 0.64% — 2026-06-30
25 LVZ, Inc. 28,646 $1.43M 0.58% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month