Inspire Faithward Large Cap Momentum ESG ETF (FEVR) is an exchange-traded fund that seeks to provide investment results corresponding to the performance of the Faithward Large Cap Momentum ESG Index, focusing on large-cap U.S. equities selected for positive environmental, social, and governance (ESG) attributes combined with momentum factors. The fund offers exposure to a portfolio of approximately 100-150 securities; emphasizing companies with strong price momentum, high ESG ratings, and alignment with Christian values through screens excluding sectors such as alcohol, tobacco, gambling, pornography, and abortion-related businesses; while prioritizing issuers demonstrating superior carbon efficiency, board diversity, and community impact metrics. FEVR trades on major U.S. exchanges and targets long-term investors seeking faith-based, sustainable equity strategies with momentum-driven returns.
Headquartered in operations managed by Inspire ETFs (a brand under Inspire Investing, LLC), the fund launched in 2023 and primarily serves retail and institutional investors in the United States through brokerage platforms. Inspire Investing, founded in 2016 and based in Irvine, California, acts as the investment adviser, employing a proprietary Biblically Responsible Investing (BRI) methodology integrated with ESG and momentum screens to construct the underlying index.
Recent developments include the fund's expansion of its assets under management amid growing demand for faith-aligned ESG products, surpassing $50 million AUM by mid-2025; a strategic partnership with Faithward Financial in early 2025 to enhance distribution through Christian financial advisors; and an index rebalancing in Q3 2025 that incorporated updated momentum scoring and stricter ESG exclusions following regulatory enhancements in sustainable finance reporting. No major acquisitions or name changes have occurred, but the fund introduced enhanced transparency reporting on its BRI-ESG integration in late 2024 to address investor feedback on stewardship voting.