FDLS: At The Intersection Of Biblical Values And Multifactor Approach, A Hold
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Vasily Zyryanov2.18K FollowersFollow5ShareSavePlay(13min)CommentsSummaryThe Inspire Fidelis Multi Factor ETF is a passively managed vehicle tracking the WI Fidelis Multi-Cap Multi-Factor Index, offering exposure to 100 equities that are aligned with biblical values.While having a banner 2025, FDLS has nevertheless significantly underperformed IVV and ACWI since its inception in 2022.I appreciate FDLS' notable GARP characteristics and healthy quality, yet issues like its 0.69% expense ratio, 232% turnover, and underperformance since inception stand in the way of the Buy rating.FDLS does deserve to be shortlisted by investors seeking a vehicle with a strategy mindful of biblical values, and the Hold rating I chose today reflects that. EJ_Rodriquez/iStock via Getty Images Today, I would like to initiate coverage of the Inspire Fidelis Multi Factor ETF (FDLS), a passively managed vehicle, which, in my view, is delivering good but not great returns. This is the primary reason why I amThis article was written byVasily Zyryanov2.18K FollowersFollowVasily Zyryanov is an individual investor and writer.He uses various techniques to find both relatively underpriced equities with strong upside potential and relatively overappreciated companies that have inflated valuation for a reason.In his research, he pays much attention to the energy sector (oil & gas supermajors, mid-cap, and small-cap exploration & production companies, the oilfield services firms), while he also covers a plethora of other industries from mining and chemicals to luxury bellwethers.He firmly believes that apart from simple profit and sales analysis, a meticulous investor must assess Free Cash Flow and Return on Capital to gain deeper insights and avoid sophomoric conclusions.While he favors underappreciated and misunderstood equities, he also acknowledges that some growth stocks do deserve their premium valuation, and its an investor's primary goal to delve deeper and uncover if the market's current opinion is correct or not.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.