Do your civic duty on Election Day and vote, go to church on Sundays, but always bring a cool unemotional detachment to investing on Mondays. That is a favorite theme of mine, one I hammer on in these pages all the time. It is why it is so important to separate your emotions from your investment portfolio. That was the reasoning behind a column I wrote last year questioning whether people should buy an exchange-traded fund based on biblical values. I have no problem with people wanting to feel good about their investments, but I also want them to realize what their choices potentially do to their returns.

Today, I want to see how well the Inspire Global Hope Large Cap ETF, with the ticker symbol BLES, has done in terms of returns and otherwise. First, the benchmark: Finding a suitable one isn’t easy, as the fund’s holding are made up of 50 percent U.S.-based securities, 40 percent in developed-nation foreign securities and 10 percent in emerging markets. It invests in companie...

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