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Inspire Global Hope ETF (BLES)

ETF · Currency in USD · Last updated Mar 26, 2023

BLES is a passive ETF by Inspire tracking the investment results of the Inspire Global Hope Large Cap Equal Weight Index. BLES launched on Feb 28, 2017 and has a 0.52% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Inspire Global Hope ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,161 for a total return of roughly 51.61%. All prices are adjusted for splits and dividends.


30.00%40.00%50.00%60.00%70.00%80.00%NovemberDecember2023FebruaryMarch
51.61%
67.50%
BLES (Inspire Global Hope ETF)
Benchmark (^GSPC)

S&P 500

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Inspire Global Hope ETF

Return

Inspire Global Hope ETF had a return of 0.63% year-to-date (YTD) and -10.02% in the last 12 months. Over the past 10 years, Inspire Global Hope ETF had an annualized return of 7.12%, while the S&P 500 had an annualized return of 8.90%, indicating that Inspire Global Hope ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-4.59%-0.66%
Year-To-Date0.63%3.42%
6 months8.78%5.67%
1 year-10.02%-10.89%
5 years (annualized)6.19%8.95%
10 years (annualized)7.12%8.90%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20237.78%-2.74%
2022-9.67%6.63%9.46%-3.13%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Inspire Global Hope ETF Sharpe ratio is -0.45. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.45
-0.47
BLES (Inspire Global Hope ETF)
Benchmark (^GSPC)

Dividend History

Inspire Global Hope ETF granted a 1.64% dividend yield in the last twelve months. The annual payout for that period amounted to $0.51 per share.


PeriodTTM202220212020201920182017
Dividend$0.51$0.51$3.52$0.54$0.66$0.58$0.56

Dividend yield

1.64%1.65%9.43%1.80%2.45%2.78%2.36%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
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
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
2020$0.00$0.00$0.13$0.00$0.00$0.16$0.00$0.00$0.12$0.00$0.00$0.12
2019$0.00$0.00$0.11$0.00$0.00$0.24$0.00$0.00$0.18$0.00$0.00$0.13
2018$0.00$0.00$0.07$0.00$0.00$0.19$0.00$0.00$0.11$0.00$0.00$0.22
2017$0.15$0.00$0.00$0.13$0.00$0.00$0.28

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-15.78%
-17.21%
BLES (Inspire Global Hope ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Inspire Global Hope ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Inspire Global Hope ETF is 40.35%, recorded on Mar 23, 2020. It took 161 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.35%Jan 21, 202044Mar 23, 2020161Nov 9, 2020205
-26.61%Jan 5, 2022196Oct 14, 2022
-21.33%Jan 29, 2018229Dec 24, 2018217Nov 4, 2019446
-5.9%Nov 17, 202110Dec 1, 202117Dec 27, 202127
-5.74%Jun 9, 202128Jul 19, 202129Aug 27, 202157
-5.03%Jan 21, 20217Jan 29, 20219Feb 11, 202116
-4.79%Sep 7, 202120Oct 4, 202114Oct 22, 202134
-3.39%Feb 25, 20216Mar 4, 20215Mar 11, 202111
-3.26%Mar 16, 20217Mar 24, 20216Apr 1, 202113
-3%May 10, 20213May 12, 202111May 27, 202114

Volatility Chart

Current Inspire Global Hope ETF volatility is 22.15%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
22.15%
19.50%
BLES (Inspire Global Hope ETF)
Benchmark (^GSPC)