ETF Evaluator:
FIS Christian Stock ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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Risk
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ETF Details
FIS Christian Stock ETF Overview
FIS Christian Stock ETF (PRAY) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). Faith Investor launched the ETF in 2022.
The investment seeks long-term growth of capital and income.
Under normal circumstances, the fund invests in equity securities, including common stock and American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) of international and domestic companies. The fund at a minimum will, under normal market conditions, invest 80% of its assets (net assets plus any borrowings for investment purposes, if any) in biblically responsible investments. Except for its cash-type holdings, the sub-adviser intends to invest 100% of its assets in stocks that satisfy these Christian values under normal market conditions.
About FIS Christian Stock ETF (PRAY)
There are 5 members of the management team with an average tenure of 1.26 years: John Rowley (2026), Rafael Zayas (2026), Austin Wen (2026), Devin Ryder (2026) and Steven Nelson (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and S&P 500 (TR) (1970) index with a weighting of 100%. FIS Christian Stock ETF has 72 securities in its portfolio. The top 10 holdings constitute 37.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
FIS Christian Stock ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. FIS Christian Stock ETF has 27.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 71.5% There is 27.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FIS Christian Stock ETF has 1.5% of the portfolio in cash.
Assets Under Management
The fund has $77 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PRAY Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FIS Christian Stock ETF expense ratio is above average compared to funds in the Large Blend category. FIS Christian Stock ETF has an expense ratio of 0.69%, which is 67% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. FIS Christian Stock ETF has a portfolio turnover rate of 19%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, FIS Christian Stock ETF returned -1.0%, which earned it a grade of D, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
FIS Christian Stock ETF has a trailing yield of 0.61%, which is below the 1.16% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
FIS Christian Stock ETF Grades
Year to date, the ETF has returned 12.9%, 3.3 percentage points better than the category, which translates into a grade of A. The fund has returned 15.6% over the past year (grade of D) and 13.2% over the past three years (grade of F).
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PRAY Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PRAY Return (NAV) | -1.0% | 0.7% | 15.6% | 13.2% | na | na |
| PRAY Return (Price) | -0.7% | 0.8% | 15.8% | 13.3% | na | na |
| NAV +/- Price Return | -0.330% | -0.067% | -0.176% | -0.030% | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| PRAY Grade (NAV) | D | F | D | F | na | na |
| +/- Category (NAV) | -0.2% | -3.0% | -1.9% | -4.2% | na | na |
| PRAY Tax-Cost Ratio | na | na | 0.3% | 0.3% | na | na |
PRAY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PRAY Return (NAV) | 12.9% | 9.0% | 13.3% | 19.4% | na | na | na | na | na | na | na |
| PRAY Return (Price) | 12.6% | 9.1% | 13.0% | 20.0% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.018% | 0.005% | -0.024% | 0.033% | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| PRAY Grade (NAV) | A | F | F | D | na | na | na | na | na | na | na |
| +/- Category | 3.3% | -6.3% | -8.5% | -3.5% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.85 |
| R-Squared: | 77% |
| Standard Deviation: | 12.7% |
| Category Risk Index: | 0.94 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.03 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.6% |
| Total Assets: | $ 78 Mil |
| Share Class Assets: | $ 78 Mil |
| Turnover: | 19.0% |
| Expense Ratio: | 0.69% |
| Index Fund: | No |
| Index Tracked: | MSCI World NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 1.3 years | |||
| Managers (Year): Nelson Steven (2022), Rowley John (2026), Zayas Rafael (2026), Wen Austin (2026), Ryder Devin (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 72 |
| % in Top 10 Holdings: | 37.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 27.0% |
Portfolio Allocation |
|
| Domestic Stock: | 71.5% |
| Foreign Stock: | 27.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Faith Investor |
| Phone Number: | 833-833-1311 |
| Website: | |
| Inception Date: | February 7, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.69% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.41% |
