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BLES vs. BIBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BLESBIBL
YTD Return9.39%19.81%
1Y Return19.82%31.73%
3Y Return (Ann)2.41%2.82%
5Y Return (Ann)9.21%12.10%
Sharpe Ratio1.762.38
Sortino Ratio2.413.32
Omega Ratio1.321.42
Calmar Ratio2.151.98
Martin Ratio11.0814.22
Ulcer Index2.13%2.51%
Daily Std Dev13.46%15.01%
Max Drawdown-40.35%-36.12%
Current Drawdown-3.27%-1.27%

Correlation

-0.50.00.51.00.9

The correlation between BLES and BIBL is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

BLES vs. BIBL - Performance Comparison

In the year-to-date period, BLES achieves a 9.39% return, which is significantly lower than BIBL's 19.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.14%
7.75%
BLES
BIBL

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BLES vs. BIBL - Expense Ratio Comparison

BLES has a 0.52% expense ratio, which is higher than BIBL's 0.35% expense ratio.


BLES
Inspire Global Hope ETF
Expense ratio chart for BLES: current value at 0.52% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.52%
Expense ratio chart for BIBL: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

BLES vs. BIBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Global Hope ETF (BLES) and Inspire 100 ETF (BIBL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


BLES
Sharpe ratio
The chart of Sharpe ratio for BLES, currently valued at 1.76, compared to the broader market-2.000.002.004.001.76
Sortino ratio
The chart of Sortino ratio for BLES, currently valued at 2.41, compared to the broader market-2.000.002.004.006.008.0010.0012.002.41
Omega ratio
The chart of Omega ratio for BLES, currently valued at 1.32, compared to the broader market1.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for BLES, currently valued at 2.15, compared to the broader market0.005.0010.0015.002.15
Martin ratio
The chart of Martin ratio for BLES, currently valued at 11.08, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.08
BIBL
Sharpe ratio
The chart of Sharpe ratio for BIBL, currently valued at 2.38, compared to the broader market-2.000.002.004.002.38
Sortino ratio
The chart of Sortino ratio for BIBL, currently valued at 3.32, compared to the broader market-2.000.002.004.006.008.0010.0012.003.32
Omega ratio
The chart of Omega ratio for BIBL, currently valued at 1.42, compared to the broader market1.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for BIBL, currently valued at 1.98, compared to the broader market0.005.0010.0015.001.98
Martin ratio
The chart of Martin ratio for BIBL, currently valued at 14.22, compared to the broader market0.0020.0040.0060.0080.00100.00120.0014.22

BLES vs. BIBL - Sharpe Ratio Comparison

The current BLES Sharpe Ratio is 1.76, which is comparable to the BIBL Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of BLES and BIBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.76
2.38
BLES
BIBL

Dividends

BLES vs. BIBL - Dividend Comparison

BLES's dividend yield for the trailing twelve months is around 1.95%, more than BIBL's 0.96% yield.


TTM2023202220212020201920182017
BLES
Inspire Global Hope ETF
1.95%1.81%1.64%9.28%1.61%2.15%2.39%1.99%
BIBL
Inspire 100 ETF
0.96%1.02%0.98%17.87%1.67%1.30%1.62%0.31%

Drawdowns

BLES vs. BIBL - Drawdown Comparison

The maximum BLES drawdown since its inception was -40.35%, which is greater than BIBL's maximum drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for BLES and BIBL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.27%
-1.27%
BLES
BIBL

Volatility

BLES vs. BIBL - Volatility Comparison

The current volatility for Inspire Global Hope ETF (BLES) is 3.13%, while Inspire 100 ETF (BIBL) has a volatility of 4.48%. This indicates that BLES experiences smaller price fluctuations and is considered to be less risky than BIBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.13%
4.48%
BLES
BIBL