Inspire Global Hope ETF (BLES)
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.
ETF Info
ISIN | US66538H6586 |
---|---|
CUSIP | 66538H658 |
Issuer | Inspire |
Inception Date | Feb 28, 2017 |
Region | Developed Markets (Broad) |
Category | Large Cap Blend Equities |
Index Tracked | Inspire Global Hope Large Cap Equal Weight Index |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The Inspire Global Hope ETF has a high expense ratio of 0.52%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: BLES vs. SCHD, BLES vs. TQQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Inspire Global Hope ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Inspire Global Hope ETF had a return of 5.47% year-to-date (YTD) and 20.72% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.47% | 10.04% |
1 month | 4.20% | 3.53% |
6 months | 19.65% | 22.79% |
1 year | 20.72% | 32.16% |
5 years (annualized) | 9.97% | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -2.24% | 4.15% | ||||||||||
2023 | -4.08% | -4.37% | -4.24% | 9.54% | 7.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Inspire Global Hope ETF (BLES) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Inspire Global Hope ETF | 1.62 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
Inspire Global Hope ETF granted a 1.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.68 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
---|---|---|---|---|---|---|---|---|
Dividend | $0.68 | $0.64 | $0.51 | $3.52 | $0.54 | $0.66 | $0.58 | $0.56 |
Dividend yield | 1.83% | 1.80% | 1.64% | 9.28% | 1.61% | 2.16% | 2.39% | 1.98% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
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 |
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
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-40.35% | Jan 21, 2020 | 44 | Mar 23, 2020 | 161 | Nov 9, 2020 | 205 |
-26.61% | Jan 5, 2022 | 196 | Oct 14, 2022 | 346 | Mar 4, 2024 | 542 |
-21.33% | Jan 29, 2018 | 229 | Dec 24, 2018 | 217 | Nov 4, 2019 | 446 |
-5.9% | Nov 17, 2021 | 10 | Dec 1, 2021 | 17 | Dec 27, 2021 | 27 |
-5.74% | Jun 9, 2021 | 28 | Jul 19, 2021 | 29 | Aug 27, 2021 | 57 |
Volatility
Volatility Chart
The current Inspire Global Hope ETF volatility is 2.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.