What this ETF is trying to do

The INSPIRE GROWTH ETF (GLRY) is an exchange-traded fund that focuses on growth. It holds a variety of companies to spread out its investments. As of October 7, 2026, the fund holds 34 different assets.

Top Holdings

The fund's portfolio can change over time. Some of its largest holdings include:

• KLA Corp: 6.57%

• Amphenol Corp Class A: 5.76%

• Monolithic Power Systems Inc: 5.25%

• Broadcom Inc: 4.77%

• EMCOR Group Inc: 4.69%

What the numbers show

As of October 5, 2026, the current price of one share is $38.65.

When looking at performance, it is important to know the difference between price return (how the share price moved) and total return (which includes the share price movement plus distributions).

• Year-to-Date (YTD): The price return is 7.90%, and the total return is 8.06%.

• One Year: The price return is 3.78%, and the total return is 3.96%.

• Three Year: The price return is 57.57%, and the total return is 59.83%.

For a simple example, if you had invested $10,000 exactly one year ago at the estimated price of $37.24, the price-only growth (3.78%) would mean your shares are now worth approximately $10,378.

Income and distribution explanation

This ETF pays out cash to investors, which is called a distribution. It usually does this quarterly and has made 4 payouts in the last 12 months.

The distribution yield is 0.16%. It is important for beginners to remember that a distribution yield is not the same as a total return. A yield tells you how much cash the fund pays out relative to its price, but it does not guarantee that the original investment value will stay the same.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's internal assets drops over time. This is different from a simple drop in the daily market price.

GLRY has an erosion-risk score of 94, which is labeled as "Stable / sideways." The erosion severity is listed as "good," and there is no severe erosion-risk flag for this fund.

Pros

• The fund has shown strong three-year total returns of 59.83%.

• It has a "good" erosion-risk rating, suggesting the value has been stable.

• It provides a small amount of regular cash income through quarterly distributions.

Cons

• The one-year price return (3.78%) is much lower than the three-year return.

• The distribution yield is very low (0.16%), so it does not provide a large amount of cash income.

Beginner takeaway

The INSPIRE GROWTH ETF is designed for growth rather than high income. While it has seen significant gains over three years, its recent one-year growth has been slower. It currently shows a stable erosion-risk profile, meaning it has not triggered warnings for substantial value loss.