- Business
- Inspire 100 ETF (BIBL) is an exchange-traded fund that seeks to replicate the performance, before fees and expenses, of the Inspire 100 Index by investing in the 100 U.S. large-cap companies with the highest Inspire Impact Scores, reflecting a proprietary methodology for biblically responsible investing that emphasizes alignment with biblical values through positive inclusionary screens and negative exclusions. Launched in 2017 and sponsored by Inspire Investing, headquartered in Meridian, Idaho, the ETF targets faith-aligned investors with market-cap-weighted exposure to sectors such as industrials, technology, financials, and healthcare, featuring top holdings including Caterpillar Inc., Arista Networks Inc., and Progressive Corp.; it maintains an expense ratio of 0.35%, quarterly dividend payouts, and approximately $330 million in assets under management as of late 2025. Inspire Investing, the world's largest provider of faith-based ETFs managing over $2 billion in assets, operates exclusively in the United States market through NYSE Arca and employs rigorous screening to exclude companies involved in activities like abortion, pornography, tobacco, gambling, and human rights violations while prioritizing those beneficial to customers, communities, workforce, and the world.
In recent years, Inspire Investing removed "ESG" from all fund names, including BIBL, effective August 2022, to distance itself from progressive-dominated environmental, social, and governance categorizations while preserving investment methodologies. In 2025, the firm was named to Inc. magazine's list of fastest-growing private companies in the Rocky Mountain region, highlighting expansion of its Inspire Impact Group encompassing ETF management, advisory services, and screening technology. Additionally, Inspire announced name changes for sister funds in October-November 2025, rebranding Inspire Momentum ETF (GLRY) to Inspire Growth ETF and Inspire Tactical Balanced ETF (RISN) to Inspire Capital Appreciation ETF to better reflect their growth and capital appreciation strategies, with no alterations to objectives, tickers, or portfolios.