Faith and factor-based WI Fidelis Index outperforms S&P 500 Index

Rhea-AI Summary

Wallick Investments launched the WI Fidelis Multi-Cap Multi-Factor Index on March 17, 2022, aimed at benchmarking diversified faith-based equity portfolios. This index utilizes Inspire Investing’s Impact Scores alongside a multi-factor selection methodology. As of March 16, 2023, it has achieved over 4% outperformance relative to the S&P 500 Index. The WI Fidelis Index is positioned to set a new standard in faith-based investment benchmarks, demonstrating significant potential for investors seeking alignment with their values.

Positive

• Achieved over 4% outperformance to the S&P 500 Index within one year.
• Integration of faith-based Impact Scores enhances investment appeal and strategy.

Negative

• WI Fidelis Index experienced a -3.42% total return as of March 16, 2023.

COLUMBIA, S.C.--(BUSINESS WIRE)-- On March 17, 2022, after successfully managing a multi-cap, multi-factor faith-based separate account composite for over 10 years, Wallick Investments, LLC / Wallick Institutional launched the WI Fidelis Multi-Cap Multi-Factor Index to benchmark the performance of diversified equity portfolios. The Index integrates Inspire Investing’s revolutionary faith-based Impact Scores with a comprehensive multi-factor-based methodology for equity selection. One year after its launch, with over 4% outperformance to the S&P 500 Index, the WI Fidelis Index is on its way to becoming the new standard for benchmarking diversified faith-based investments.

WI Fidelis Index performance relative to industry recognized indices.

					Total 1-yr. return (%)
					as of 3/16/2023
WI Fidelis Multi-Cap Multi-Factor Index					-3.42
Russell 3000® Index					-8.30
S&P 500 Index					-7.56
FTSE All-World ex-US Index					-6.85
CSRP U.S. Mid Cap Index					-9.37
CSRP U.S. Small Cap Index					-9.95

For more information, visit WIFidelisIndex.com or contact WI Fidelis Index manager Jake Wallick, CFA at Jakewallick@wallickinvestments.com.

Wallick Institutional is a division of Wallick Investments, LLC. Established in 2005, Wallick Investments, a registered investment advisory firm licensed in North and South Carolina specializing in Strategic Moral Investing, offers both investment advisory and portfolio management services. WI’s strategies and resources are available to individuals, institutions and other non-affiliated advisors, either through a direct client relationship with Wallick Investments, or through the Inspire Fidelis ETF (NYSE: FDLS), with a mandate to replicate the holdings in the WI Fidelis Multi-Cap Multi-Factor Index. For prospectus, please visit Inspireetf.com/fdls. Read carefully before investing. For more information, call 803-699-9400, e-mail info@wallickinvestments.com or visit wallickinvestments.com and wifidelisindex.com.

All benchmark performance data is acquired from Morningstar^®. Data is believed to be reliable and accurate as of close of market March 16, 2023, however, neither Wallick Investments, LLC nor our data providers will be held liable for errors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230323005268/en/

Jake Wallick

Jakewallick@wallickinvestments.com

Source: Wallick Investments, LLC

FAQ

What is the WI Fidelis Multi-Cap Multi-Factor Index performance as of March 2023?

The WI Fidelis Multi-Cap Multi-Factor Index had a total return of -3.42% as of March 16, 2023.

How does the WI Fidelis Index compare to the S&P 500?

The WI Fidelis Index outperformed the S&P 500 Index by over 4% since its launch.

When was the WI Fidelis Multi-Cap Multi-Factor Index launched?

The WI Fidelis Multi-Cap Multi-Factor Index was launched on March 17, 2022.

What investment strategy does the WI Fidelis Index utilize?

The WI Fidelis Index employs a multi-factor selection methodology combined with Inspire Investing’s faith-based Impact Scores.

What is the stock symbol associated with the Inspire Fidelis ETF?

The stock symbol associated with the Inspire Fidelis ETF is FDLS.