- ISIN
- US66538H6586
- CUSIP
- 66538H658
- Issuer
- Inspire
- Inception Date
- Feb 27, 2017
- Region
- Developed Markets (Broad)
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Inspire Global Hope Large Cap Equal Weight Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $156M
Share Price Chart
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Performance
BLES Performance Chart
Inspire Global Hope ETF (BLES) is up 11.4% since the beginning of the year. BLES is currently trading at $48 per share. Investors who bought $1,000 worth of BLES shares 5 years ago would now be looking at an investment worth $1,475.
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Returns By Period
Inspire Global Hope ETF (BLES) has returned 11.36% so far this year and 22.69% over the past 12 months.
Inspire Global Hope ETF
- 1D
- 0.73%
- 1M
- 1.07%
- YTD
- 11.36%
- 6M
- 11.43%
- 1Y
- 22.69%
- 3Y*
- 14.73%
- 5Y*
- 8.09%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.34%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
BLES Monthly Returns History
Based on dividend-adjusted daily data since Feb 28, 2017, BLES's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +17.8%, while the worst month was Mar 2020 at -20.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BLES closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -12.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.47% | 4.43% | -5.71% | 7.03% | 1.26% | -0.11% | 11.36% | ||||||
| 2025 | 3.46% | 0.00% | -1.19% | 0.84% | 3.74% | 3.95% | -0.08% | 3.65% | 1.27% | 0.52% | 0.94% | 0.81% | 19.25% |
| 2024 | -2.24% | 4.15% | 3.86% | -4.26% | 3.78% | -1.44% | 4.07% | 2.51% | 1.88% | -3.54% | 3.25% | -5.80% | 5.59% |
| 2023 | 7.78% | -2.74% | 0.41% | 0.42% | -3.37% | 5.96% | 4.33% | -4.08% | -4.37% | -4.24% | 9.54% | 7.20% | 16.47% |
| 2022 | -5.53% | -2.24% | 2.89% | -7.59% | 0.82% | -9.37% | 7.57% | -4.94% | -9.67% | 6.63% | 9.46% | -3.13% | -16.21% |
| 2021 | -0.67% | 5.10% | 4.32% | 3.90% | 4.35% | -0.43% | 0.44% | 1.84% | -3.72% | 4.65% | -2.88% | 5.68% | 24.36% |
Benchmark Metrics
Inspire Global Hope ETF has an annualized alpha of -1.12%, beta of 0.90, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since February 28, 2017.
- This ETF participated in 100.66% of S&P 500 Index downside but only 89.39% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.90 and R2 of 0.77, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.12%
- Beta
- 0.90
- R²
- 0.77
- Upside Capture
- 89.39%
- Downside Capture
- 100.66%
Expense Ratio
BLES has an expense ratio of 0.58%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BLES ranks 54 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Inspire Global Hope ETF (BLES) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BLES | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.35 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.66 | +0.06 |
| Martin ratioReturn relative to average drawdown | 10.22 | 11.86 | -1.64 |
Dividends
Dividend History
Inspire Global Hope ETF provided a 1.78% dividend yield over the last twelve months, with an annual payout of $0.86 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.86 | $0.85 | $0.70 | $0.64 | $0.51 | $3.52 | $0.54 | $0.66 | $0.42 | $0.57 |
Dividend yield | 1.78% | 1.97% | 1.90% | 1.80% | 1.64% | 9.28% | 1.61% | 2.16% | 1.73% | 2.01% |
Monthly Dividends
The table displays the monthly dividend distributions for Inspire Global Hope ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 | ||||||
| 2025 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.22 | $0.85 |
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.08 | $0.70 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.64 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.05 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $2.96 | $3.52 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Inspire Global Hope ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Inspire Global Hope ETF was 40.35%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Inspire Global Hope ETF drawdown is 1.08%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.35%Mar 2020 | 2mo 2d | 7mo 21d | 9mo 23dJan 2020 - Nov 2020 |
Bear market2022 | -26.61%Oct 2022 | 9mo 12d | 1y 4mo | 2y 1moJan 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -21.83%Dec 2018 | 10mo 29d | 10mo 15d | 1y 9moJan 2018 - Nov 2019 |
2025 selloff2025 | -15.46%Apr 2025 | 6mo 10d | 1mo 5d | 7mo 15dSep 2024 - May 2025 |
2026 pullback2026 | -8.29%Mar 2026 | 1mo 6d | 28d | 2mo 4dFeb 2026 - Apr 2026 |
Drawdown Indicators
| BLES | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.35% | -56.78% | +16.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -9.10% | +0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -15.46% | -18.90% | +3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -26.61% | -25.43% | -1.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.08% | -2.49% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -10.72% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 2.03% | +0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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