Inspire Small/Mid Cap Impact ETF (ISMD) Performance
ISMD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +21.9% since Dec 31, 2025
- 1 year
- +21.1% total return
- 5 years
- +7.8% a year
- Since first price
- +9.2% a year since 2017
ISMD trailing returns vs SPY, QQQ, AGG
| Period | ISMD 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 | −4.7% | −5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.1% | +5.1% | +7.8% | +8.4% | −1.5% |
| YTD | +21.9% | +20.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.1% | +19.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +68.9%+19.1%/yr | +62.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +45.9%+7.8%/yr | +25.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionFeb 28, 2017 | +134.8%+9.2%/yr | +86.5% | — | — | — |
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: ISMD vs SPY
From Feb 28, 2017: ISMD grew to $23,479, SPY to $37,412.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ISMD returns by calendar year
6 of 8 full years positive. Best 2021 (+29.4%), worst 2022 (−13.4%). 2026 is year to date.
ISMD annual returns table
| Year | ISMD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +21.9% | −9.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.1% | −23.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.5% | −9.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.7% | −17.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.4% | −22.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +29.4% | −10.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +7.5% | −43.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.6% | −10.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −11.0% | −26.4% | −4.6% | −0.1% | +0.1% |
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.
ISMD largest drawdowns
Now 7.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 29, 2018 | −43.6% | Mar 23, 2020 | Nov 24, 2020 | 1.6 years | 2.2 years |
| Dec 2, 2024 | −26.6% | Apr 8, 2025 | Jan 6, 2026 | 4 months | 1.1 years |
| Jan 4, 2022 | −22.5% | Sep 30, 2022 | Dec 26, 2023 | 9 months | 2.0 years |
| Jun 8, 2021 | −10.2% | Jul 19, 2021 | Nov 3, 2021 | 41 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ISMD risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +16.7% | +8.7% | +9.3% |
| Volatility (annualized) | 19.4% | 20.3% | 20.9% |
| Sharpe ratio | 0.67 | 0.33 | 0.42 |
| Sortino ratio | 1.25 | 0.56 | 0.65 |
| Best month | +12.3% | +12.3% | +19.8% |
| Worst month | −7.5% | −9.8% | −19.3% |
| Best 12 months | +42.5% | +42.5% | +86.8% |
| Worst 12 months | −5.7% | −14.8% | −25.8% |
| Positive months | 58% | 53% | 59% |
| Beta vs S&P 500 | 1.12 | 1.04 | — |
| Correlation with S&P 500 | 0.72 | 0.80 | — |
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.
ISMD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 105 | −25.8% | +6.3% | +86.8% | 67% |
| 3-year (a year) | 81 | −6.0% | +8.9% | +21.9% | 91% |
| 5-year (a year) | 57 | +4.0% | +8.4% | +15.4% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
ISMD performance overview
Inspire Small/Mid Cap Impact ETF (ISMD) returned +21.1% over the past year and +7.8% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +9.2% a year, turning $10,000 into about $23,479. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −43.6%, from Aug 29, 2018 to Mar 23, 2020, and it took 8 months to get back to the old high. ISMD finished 6 of its 8 full calendar years with a gain; the best year was 2021 (+29.4%) and the worst 2022 (−13.4%). Volatility has been 20.9% a year.
Related: ISMD chart, ISMD holdings, ISMD dividends. See the ISMD overview for the latest quote and fund facts.
ISMD performance FAQ
What is the ISMD return over the past year?
ISMD returned +21.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.3%.
What is the average annual return of ISMD?
ISMD has returned +7.8% a year over 5 years, +9.2% a year since February 28, 2017 (total return, distributions reinvested).
How much would $10,000 invested in ISMD be worth?
$10,000 invested in ISMD at its first recorded close on February 28, 2017 would be worth about $23,479 on October 23, 2026 with distributions reinvested.
What was the worst year for ISMD?
The worst calendar year was 2022, with a total return of −13.4%. The best was 2021 at +29.4%.
What is the biggest drawdown of ISMD?
The largest peak-to-trough decline was −43.6% between August 29, 2018 and March 23, 2020. It recovered to the old high on November 24, 2020, 8 months after the bottom.
How volatile is ISMD?
Over the past 3 years ISMD had an annualized volatility of 19.4% and a Sharpe ratio of 0.67 (excess return over 1–3 month T-bills per unit of risk).