Inspire Fidelis Multi Factor ESG ETF (FDLS) Performance
FDLS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.6% since Dec 31, 2025
- 1 year
- +18.6% total return
- 3 years
- +21.4% a year
- Since first price
- +15.2% a year since 2022
FDLS trailing returns vs SPY, QQQ, AGG
| Period | FDLS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.1% | −2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.3% | +1.9% | +7.8% | +8.4% | −1.5% |
| YTD | +15.6% | +14.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.6% | +17.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.9%+21.4%/yr | +63.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 24, 2022 | +80.4%+15.2%/yr | +63.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FDLS vs SPY
From Aug 24, 2022: FDLS grew to $18,041, SPY to $19,429.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FDLS returns by calendar year
3 of 3 full years positive. Best 2025 (+22.5%), worst 2024 (+7.4%). 2026 is year to date.
FDLS annual returns table
| Year | FDLS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.6% | −9.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +22.5% | −21.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.4% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.7% | −13.4% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FDLS largest drawdowns
Now 6.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −23.3% | Apr 8, 2025 | Jul 3, 2025 | 4 months | 7 months |
| Aug 25, 2022 | −15.2% | Sep 26, 2022 | Nov 15, 2022 | 32 days | 3 months |
| Aug 1, 2023 | −13.4% | Oct 27, 2023 | Dec 14, 2023 | 3 months | 4 months |
| Feb 16, 2023 | −10.8% | May 4, 2023 | Jun 13, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FDLS risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +19.2% | +16.8% |
| Volatility (annualized) | 17.0% | 18.5% |
| Sharpe ratio | 0.86 | 0.70 |
| Sortino ratio | 1.54 | 1.23 |
| Best month | +10.0% | +12.7% |
| Worst month | −8.4% | −8.4% |
| Best 12 months | +48.0% | +48.0% |
| Worst 12 months | −1.6% | −1.6% |
| Positive months | 61% | 59% |
| Beta vs S&P 500 | 1.05 | — |
| Correlation with S&P 500 | 0.77 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FDLS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | −1.6% | +19.0% | +48.0% | 97% |
| 3-year (a year) | 15 | +14.5% | +17.6% | +22.2% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
FDLS performance overview
Inspire Fidelis Multi Factor ESG ETF (FDLS) returned +18.6% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +15.2% a year, turning $10,000 into about $18,041. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −23.3%, from Nov 25, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. FDLS finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+22.5%) and the worst 2024 (+7.4%). Volatility has been 18.5% a year.
Related: FDLS chart, FDLS holdings, FDLS dividends, FDLS valuation. See the FDLS overview for the latest quote and fund facts.
FDLS performance FAQ
What is the FDLS return over the past year?
FDLS returned +18.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.5%.
How much would $10,000 invested in FDLS be worth?
$10,000 invested in FDLS at its first recorded close on August 24, 2022 would be worth about $18,041 on October 23, 2026 with distributions reinvested.
What was the worst year for FDLS?
The worst calendar year was 2024, with a total return of +7.4%. The best was 2025 at +22.5%.
What is the biggest drawdown of FDLS?
The largest peak-to-trough decline was −23.3% between November 25, 2024 and April 8, 2025. It recovered to the old high on July 3, 2025, 3 months after the bottom.
How volatile is FDLS?
Over the past 3 years FDLS had an annualized volatility of 17.0% and a Sharpe ratio of 0.86 (excess return over 1–3 month T-bills per unit of risk).