A smart beta exchange traded fund, the Inspire International ETF (WWJD Quick QuoteWWJD - Free Report) debuted on 09/30/2019, and offers broad exposure to the World ETFs category of the market.

What Are Smart Beta ETFs?

Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.

Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns.

But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market.

This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics.

This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.

Fund Sponsor & Index

Managed by Inspire, WWJD has amassed assets over $485.11 million, making it one of the larger ETFs in the World ETFs. WWJD seeks to match the performance of the INSPIRE INTERNATIONAL INDEX before fees and expenses.

The Inspire International Index selects foreign equity securities from a global universe of publicly traded equity securities of large capitalization foreign and emerging market companies which have an Inspire Impact Score of zero or higher.

Cost & Other Expenses

Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same.

With on par with most peer products in the space, this ETF has annual operating expenses of 0.66%.

It has a 12-month trailing dividend yield of 2.39%.

Sector Exposure and Top Holdings

Most ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings.

Looking at individual holdings, Fanuc Corp accounts for about 0.67% of total assets, followed by Advantest Corp and Aeon Co Ltd.

WWJD's top 10 holdings account for about 6.02% of its total assets under management.

Performance and Risk

The ETF has gained about 8.25% and was up about 31.57% so far this year and in the past one year (as of 02/16/2026), respectively. WWJD has traded between $27.43 and $39.98 during this last 52-week period.

The ETF has a beta of 0.79 and standard deviation of 14.30% for the trailing three-year period. With about 220 holdings, it effectively diversifies company-specific risk .

Alternatives

Inspire International ETF is not a suitable option for investors seeking to outperform the World ETFs segment of the market. Instead, there are other ETFs in the space which investors should consider.

Vanguard ESG U.S. Stock ETF (ESGV) tracks FTSE US ALL CAP CHOICE INDEX and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index. Vanguard ESG U.S. Stock ETF has $11.6 billion in assets, iShares ESG Aware MSCI USA ETF has $15.48 billion. ESGV has an expense ratio of 0.09% and ESGU changes 0.15%.

Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the World ETFs

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.