It is an active ETF that seeks capital growth by selecting US-listed companies aligned with biblical values. The management team builds the portfolio by applying faith-based screening together with financial criteria.

It suits long-term investors who want to diversify across US growth stocks while staying true to faith-based investing principles.

It is an ETF run by Inspire using an active (actively managed) approach.

After screening out business areas that conflict with biblical values, the management team selects and holds US companies with financial soundness and growth potential. The fund does not mechanically track an index, and the portfolio is adjusted at the managers' discretion.

• Biblically responsible investing (BRI) screening applied
• Active stock selection at the managers' discretion

Assets under management (AUM) are $69.0M, and the total expense ratio is 0.72% per year.

Compared with other ETFs in the Inspire family, its growth stock selection stands out, and because it is actively managed, its fees tend to be higher than those of passive products.

Because of its high weighting in growth stocks, volatility tends to appear depending on market risk appetite and the interest rate environment. Returns vary with the market phase and the performance of the selected stocks.

Fund flows are shaped by demand for faith-based investing, and during volatile markets, inflows and outflows tend to be affected by overall sentiment toward growth stocks and risk appetite. They also tend to move in step with trends across the same family of products.

Its strengths are faith-based screening and active growth stock selection, while points to watch are the fees that come with active management and the exposure constraints created by exclusionary screening.

Within the same Inspire family, PTL, the Inspire 500 product focused on large caps, GLRY, with a growth orientation, and ISMD, which focuses on small and mid-cap stocks, can serve as alternatives for US exposure. If you want global diversification, you can also consider BLES, the Global Hope product, and for exposure outside the US, WWJD, the international product. Each product shares the same screening philosophy but differs in region, market capitalization, and management style. Products shown alongside it in the table, such as CGBL, ALLW, and DRSK, are active products focused on asset allocation and risk management, and they differ markedly from this ETF, which concentrates on growth stock selection, in both strategy and fee profile.

Here are the points to review before investing in RISN. Since it is a faith-based active product, it is wise to check its screening approach, fees, growth stock exposure, and currency effects in advance, and to see whether it fits your own investing principles.

The main drivers of volatility are the growth stock weighting and the concentration of exposure resulting from exclusionary screening. During market corrections, short-term losses can be larger given the nature of growth stocks, and investors should also keep in mind that the results of active management may diverge from the broader market.

It is a suitable choice for long-term investors who want to invest in US growth stocks while staying true to faith-based principles. If you need a large-cap focus, consider PTL, and if you need global diversification, consider BLES as well.