Inspire Fidelis Multi Factor ESG ETF (FDLS) Valuation
FDLS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 21.5 trailing earnings
- Forward P/E
- 13.9 analyst estimates
- Price / sales
- 1.08
- Price / book
- 2.46
- EV / EBITDA
- 11.0
- Earnings yield
- 4.64% inverse of P/E
- Dividend yield
- 1.08% of the holdings
- Return on equity
- 11.4% combined
- Net margin
- 5.0% combined
- Beta
- 0.98 weighted, vs S&P 500
FDLS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FDLS | 21.5 | 13.9 | 1.08 | 2.46 | 1.08% | 11.4% | 5.0% | 9.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FDLS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 25.2% | 35.6 | 14.2 | 0.97 | 3.20 | 0.63% | 9.0% |
| Financial Services | 15.2% | 9.7 | 9.8 | 1.32 | 1.77 | 1.43% | 18.2% |
| Healthcare | 14.8% | 43.0 | 19.0 | 1.53 | 3.69 | 0.10% | 8.6% |
| Industrials | 13.1% | 30.1 | 17.8 | 1.56 | 4.09 | 0.55% | 13.6% |
| Energy | 10.6% | 12.9 | 10.0 | 1.63 | 1.76 | 2.38% | 13.7% |
| Consumer Cyclical | 7.9% | 19.7 | 18.3 | 1.24 | 2.87 | 1.36% | 14.5% |
| Basic Materials | 4.8% | 32.9 | 12.1 | 0.63 | 1.36 | 3.27% | 4.1% |
| Consumer Defensive | 3.8% | 48.8 | 13.4 | 0.52 | 1.55 | 1.22% | 3.2% |
| Utilities | 3.2% | 26.0 | 20.2 | 0.88 | 1.79 | 1.82% | 6.9% |
| Real Estate | 1.1% | 30.1 | 12.1 | 0.22 | 1.87 | 1.53% | 6.2% |
| Communication Services | 0.6% | 23.2 | 89.3 | 0.47 | 1.59 | 0.00% | 6.8% |
FDLS earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FDLS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FDLS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| OVV | Ovintiv Inc. | 1.23% | 19.3 | 9.0 | 2.0 | 1.73% | 1.47% |
| PACS | PACS Group, Inc. | 1.20% | 27.4 | 15.5 | 1.3 | — | 1.01% |
| HALO | Halozyme Therapeutics, Inc. | 1.20% | 35.6 | 11.5 | 8.3 | — | 0.78% |
| TLS | Telos Corporation | 1.18% | — | — | 1.5 | — | −1.50% |
| APA | APA Corporation | 1.18% | 10.4 | 9.4 | 2.0 | 2.03% | 2.62% |
| RELY_old | RELY | 1.18% | — | — | — | — | — |
| PMTS | CPI Card Group Inc | 1.17% | — | — | — | — | — |
| GMED | Globus Medical, Inc. | 1.16% | 19.7 | 13.9 | 3.3 | — | 1.37% |
| OET | Okeanis Eco Tankers Corp | 1.16% | — | — | — | — | — |
| CON | Concentra Group Holdings Parent, Inc. | 1.15% | 24.9 | 18.0 | 2.1 | 0.65% | 1.07% |
| FIVN | Five9, Inc. | 1.15% | 46.7 | 9.9 | 2.0 | — | 0.57% |
| GCT | GigaCloud Technology Inc. | 1.14% | 13.6 | 11.0 | 1.4 | — | 1.95% |
| AII | American Integrity Insurance Group, Inc. | 1.14% | 6.2 | 7.9 | 1.6 | — | 4.25% |
| OMCL | Omnicell, Inc. | 1.14% | 42.1 | 29.5 | 1.3 | — | 0.63% |
| MITK | Mitek Systems, Inc. | 1.13% | 35.8 | 9.8 | 3.7 | — | 0.73% |
| EOG | EOG Resources, Inc. | 1.13% | 12.3 | 10.1 | 3.1 | 2.58% | 2.13% |
| TCMD | Tactile Systems Technology, Inc. | 1.12% | 20.9 | 19.1 | 1.5 | — | 1.25% |
| DVN | Devon Energy Corporation | 1.12% | 11.1 | 9.3 | 3.0 | 2.52% | 2.34% |
| FLYW | Flywire Corporation | 1.11% | 71.0 | 18.9 | 3.2 | — | 0.36% |
| ACIW | ACI Worldwide, Inc. | 1.10% | 24.1 | 12.6 | 2.9 | — | 1.06% |
| BIP-UN | Brookfield Infrastructure Partners L.P | 1.10% | — | — | — | — | — |
| NTCT | NetScout Systems, Inc. | 1.08% | 23.4 | 15.2 | 3.1 | — | 1.07% |
| PLUS | ePlus inc. | 1.08% | 20.2 | 17.2 | 1.0 | 1.15% | 1.24% |
| VCTR | Victory Capital Holdings, Inc. | 1.08% | 19.9 | 12.7 | 4.3 | 1.84% | 1.26% |
| UTL | Unitil Corporation | 1.08% | 17.1 | 19.9 | 1.7 | 3.51% | 1.47% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FDLS valuation
Adding up its 94 holdings with company data, FDLS trades at 21.5 times trailing earnings and 13.9 times analysts' forward estimates, with a price-to-book ratio of 2.46 and a dividend yield of 1.08%. Its earnings yield of 4.64% is 0.68 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 11.8% of the fund and earn 13.6% of its combined profit. By sector, Consumer Defensive is the most expensive at 48.8 times earnings and Financial Services the cheapest at 9.7. Companies that lost money over the past year are 9.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 92.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FDLS chart, FDLS performance, FDLS holdings, FDLS dividends.
FDLS valuation FAQ
What is the P/E ratio of FDLS?
Based on its holdings, FDLS has a trailing P/E of 21.5 and a forward P/E of 13.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FDLS?
The trailing earnings yield is 4.64% (1 ÷ P/E) and the forward earnings yield 7.19%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FDLS more expensive than the S&P 500?
FDLS trades at 21.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.9 and 19.9.
What is the price-to-book ratio of FDLS?
The holdings of FDLS trade at 2.46 times book value, with a combined return on equity of 11.4%.
Which sector in FDLS has the highest P/E?
Consumer Defensive has the highest P/E at 48.8 and Financial Services the lowest at 9.7.