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FDLSvsMGMTETF Comparison

ETF 1

FDLS

Inspire Fidelis Multi Factor ETF

This fund is part of

US Multi-Factor

+0%

Full FDLS fund page

VS

ETF 2

MGMT

Ballast Small/Mid Cap ETF

This fund is part of

US Multi-Factor

+0%

Full MGMT fund page

Inspire Fidelis Multi Factor ETF (FDLS) and Ballast Small/Mid Cap ETF (MGMT) belong to the same industry segment: US Multi-Factor. FDLS's top 3 sector exposures are Information Technology, Industrials and Financials. In contrast, MGMT's top sector exposures are Industrials, Information Technology and Materials. FDLS is less expensive with a Total Expense Ratio (TER) of 0.66%, versus 1.15% for MGMT. FDLS is up 16.44% year-to-date (YTD) with +$166M in YTD flows. MGMT performs worse with 12.39% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of FDLS and MGMT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDLS vs MGMT performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FDLS MGMT	+4.14%+6.16%	+13.55%+11.61%	+16.44%+12.39%	+35.63%+29.12%	+70.18%+46.63%	n/a+47.31%
Flows	FDLS MGMT	+$112M-$8M	+$132M-$3M	+$166M+$3M	+$191M-$15M	+$208M+$43M	-+$92M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FDLS MGMT	+18.49%+15.12%	+16.65%+17.17%	+18.41%+18.90%	n/a+19.81%
Max drawdown	FDLS MGMT	-4.47%-4.95%	-9.10%-12.25%	-23.13%-23.93%	n/a-25.20%
Max drawdown duration	FDLS MGMT	36d26d	46d114d	219d262d	n/a870d

Trading data

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	FDLS	MGMT
Last sale 6/18/2026 at 1:30 PM	$41.48	$50.38
Previous close 06/18/2026	$41.07	$49.53
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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MGMT

is actively managed and doesn’t replicate an index

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	FDLS	MGMT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	FDLS	MGMT
Last price	$41.48	$50.38
1D performance	+0.99%	+1.72%
AuM	$315.40 M	$175.55 M
E/R	0.66%	1.15%

Characteristics

	FDLS	MGMT
Management strategy	Passive	Active
Provider	Inspire ETFs	Ballast Asset Management
Benchmark	WI Fidelis Multi-Cap, Multi-Factor Index	-
N° of holdings	87	46
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	August 23, 2022	December 3, 2020
ESG	No	No

More FDLS data on Trackinsight

More MGMT data on Trackinsight

Exposure

Countries

FDLS

USA

72.83%

Other

27.17%

MGMT

USA

77.85%

Other

22.15%

Sectors

FDLS

Information Techn.

21.49%

Industrials

14.42%

Financials

13.97%

Health Care

9.83%

Energy

8.49%

Other

31.8%

MGMT

Industrials

19.3%

Information Techn.

16.01%

Materials

11.2%

Financials

11%

Energy

8.75%

Other

33.73%

Diversification

FDLS

Total weight of top 15 holdings out of 15

18.28%

MGMT

Total weight of top 15 holdings out of 15

39.2%

Top 15 holdings

Data as of April 30, 2026

FDLS

SANMINA CORP

1.58%

AMKOR TECHNOLOGY

1.40%

ARCBEST CORP

1.32%

ADTRAN HOLDINGS INC

1.27%

PHOTRONICS

1.26%

MISTRAS GRUP

1.21%

MICROCHIP TECHNOLOGY

1.20%

IRONWOOD PHARMA

1.19%

MOELIS

1.18%

INDUSTRIAL LOGISTICS PROPERTIES TRUST

1.13%

PLEXUS

1.12%

TUTOR PERINI

1.12%

MYR GROUP

1.12%

TABOOLA.COM LTD

1.10%

CIRRUS LOGIC

1.10%

MGMT

AZZ

3.23%

ECOVYST INC

3.23%

WAYSIDE TECHNOLOGY GROUP

3.03%

CAVCO INDUSTRIES

2.75%

MERCHANTS BANCORP

2.73%

FEDERAL AGRICULTUR MORTGAGE

2.68%

LANDSTAR SYSTEM

2.53%

CAPITAL BANCORP INC

2.52%

THE GEO GROUP

2.48%

KOSMOS ENERGY

2.47%

BEL FUSE

2.44%

SOLARIS OILFIELD INFRASTRUCTURE

2.37%

BRINK'S

2.31%

TIMKENSTEEL

2.27%

TEREX

2.16%

Frequently asked questions about FDLS and MGMT

How have the FDLS and MGMT ETFs performed in 2026?

As of June 18, 2026, FDLS is up 16.44% year-to-date (YTD), while MGMT has returned 12.39%. That puts FDLS better performer ahead so far this year.

Which ETF is attracting more investor money: FDLS or MGMT?

Year-to-date, the FDLS ETF saw +$166M in flows, compared to +$3M for MGMT.

Which ETF is more volatile: FDLS or MGMT?

Over the past year, FDLS had a volatility of 16.65%, while MGMT experienced 17.17%.

Which ETF is bigger: FDLS or MGMT?

As of June 18, 2026, FDLS holds $315.40 M in assets under management (AUM), while MGMT manages $175.55 M.

What sectors do the FDLS and MGMT ETFs invest in?

FDLS leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, MGMT focuses on Industrials, Information Technology and Materials.

FDLSvsMGMTETF Comparison

Inspire Fidelis Multi Factor ETF

Ballast Small/Mid Cap ETF

FDLS vs MGMT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FDLS and MGMT ETFs performed in 2026?

As of June 18, 2026, FDLS is up 16.44% year-to-date (YTD), while MGMT has returned 12.39%. That puts FDLS better performer ahead so far this year.

Which ETF is attracting more investor money: FDLS or MGMT?

Year-to-date, the FDLS ETF saw +$166M in flows, compared to +$3M for MGMT.

Which ETF is more volatile: FDLS or MGMT?

Over the past year, FDLS had a volatility of 16.65%, while MGMT experienced 17.17%.

Which ETF is bigger: FDLS or MGMT?

As of June 18, 2026, FDLS holds $315.40 M in assets under management (AUM), while MGMT manages $175.55 M.

What sectors do the FDLS and MGMT ETFs invest in?

FDLS leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, MGMT focuses on Industrials, Information Technology and Materials.

What are the top holdings of the FDLS ETF and MGMT ETF?

FDLS top holdings include SANMINA CORP, AMKOR TECHNOLOGY and ARCBEST CORP. MGMT holds in its top three: AZZ, ECOVYST INC and WAYSIDE TECHNOLOGY GROUP.

Which ETF is more diversified: FDLS or MGMT?

FDLS holds 88 securities with 18.28% of its assets in the top 15. MGMT has 46 securities and a top 15 weight of 39.2%.

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