Inspire Corporate Bond ETF (IBD US) – Portfolio Construction Methodology

The underlying Inspire Corporate Bond Index targets intermediate U.S. investment-grade corporate exposure using equal-weight construction and faith-based issuer screening. The universe comprises fixed-rate, SEC-registered U.S. corporate bonds (no 144A/Reg S; priced on ICE) issued by U.S. large-cap companies (top 10% by market cap) with Inspire Impact Scores ≥0, excluding manufacturers of weapons and barrier contraceptives. Selection fills four maturity cells with goal counts of 60 bonds (>0–<3y), 65 (>3–<5y), 65 (>5–<7y), and 60 (>7–<10y); only one bond per issuer per cell (max five per issuer). Within each cell, bonds are ranked by the issuer’s Inspire Impact Score; ties favor higher liquidity. The index holds 250 bonds equally weighted, reweighted quarterly (March/June/September/December) and reconstituted annually in September, with turnover buffers that prioritize retaining existing constituents near maturity-cell boundaries. To explore IBD in more depth, visit our ETF analytics platform for institutional-grade insights — including performance and risk metrics, correlations, sensitivities, and factor exposure: https://www.etfstrategy.com/etf/IBD_US