BLES vs. VOO
Compare and contrast key facts about Inspire Global Hope ETF (BLES) and Vanguard S&P 500 ETF (VOO).
BLES and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLES is a passively managed fund by Inspire that tracks the performance of the Inspire Global Hope Large Cap Equal Weight Index. It was launched on Feb 28, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BLES and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLES or VOO.
Key characteristics
| BLES | VOO | |
|---|---|---|
| YTD Return | 10.18% | 26.88% |
| 1Y Return | 24.53% | 37.59% |
| 3Y Return (Ann) | 2.66% | 10.23% |
| 5Y Return (Ann) | 9.48% | 15.93% |
| Sharpe Ratio | 1.84 | 3.06 |
| Sortino Ratio | 2.50 | 4.08 |
| Omega Ratio | 1.33 | 1.58 |
| Calmar Ratio | 1.79 | 4.43 |
| Martin Ratio | 11.61 | 20.25 |
| Ulcer Index | 2.12% | 1.85% |
| Daily Std Dev | 13.43% | 12.23% |
| Max Drawdown | -40.35% | -33.99% |
| Current Drawdown | -2.58% | -0.30% |
Correlation
The correlation between BLES and VOO is 0.83, 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. VOO - Performance Comparison
In the year-to-date period, BLES achieves a 10.18% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLES vs. VOO - Expense Ratio Comparison
BLES has a 0.52% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BLES vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Global Hope ETF (BLES) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
BLES vs. VOO - Dividend Comparison
BLES's dividend yield for the trailing twelve months is around 1.93%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLES Inspire Global Hope ETF | 1.93% | 1.81% | 1.64% | 9.28% | 1.61% | 2.15% | 2.39% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BLES vs. VOO - Drawdown Comparison
The maximum BLES drawdown since its inception was -40.35%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BLES and VOO. For additional features, visit the drawdowns tool.
Volatility
BLES vs. VOO - Volatility Comparison
The current volatility for Inspire Global Hope ETF (BLES) is 3.35%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. This indicates that BLES experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.