BLES vs. WBIG
BLES (Inspire Global Hope ETF) and WBIG (WBI BullBear Yield 3000 ETF) are both Global Equities funds. BLES is passively managed, while WBIG is actively managed. Over the past 5 years, BLES returned 7.38%/yr vs 0.62%/yr for WBIG. A 0.68 correlation means they provide meaningful diversification when combined. BLES charges 0.58%/yr vs 1.14%/yr for WBIG.
Performance
BLES vs. WBIG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLES achieves a 11.95% return, which is significantly higher than WBIG's 8.66% return.
BLES
- 1D
- -0.55%
- 1M
- 3.04%
- YTD
- 11.95%
- 6M
- 12.47%
- 1Y
- 23.80%
- 3Y*
- 16.04%
- 5Y*
- 7.38%
- 10Y*
- —
WBIG
- 1D
- -0.94%
- 1M
- 3.95%
- YTD
- 8.66%
- 6M
- 7.77%
- 1Y
- 19.57%
- 3Y*
- 6.22%
- 5Y*
- 0.62%
- 10Y*
- 3.82%
BLES vs. WBIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLES Inspire Global Hope ETF | 11.95% | 19.25% | 5.59% | 16.47% | -16.21% | 24.36% | 12.22% | 28.39% | -13.43% | 15.23% |
WBIG WBI BullBear Yield 3000 ETF | 8.66% | -0.39% | 5.87% | -2.68% | -7.68% | 16.04% | -3.30% | 6.85% | -8.46% | 19.14% |
Correlation
The correlation between BLES and WBIG is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2017 | 0.68 |
The correlation between BLES and WBIG has been stable across timeframes, ranging from 0.68 to 0.78 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLES vs. WBIG — Risk / Return Rank
BLES
WBIG
BLES vs. WBIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Global Hope ETF (BLES) and WBI BullBear Yield 3000 ETF (WBIG). 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 | WBIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 3.88 | -1.00 |
| Martin ratioReturn relative to average drawdown | 10.93 | 12.22 | -1.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BLES | WBIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 1.99 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.05 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.33 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.15 | +0.39 |
Drawdowns
BLES vs. WBIG - Drawdown Comparison
The maximum BLES drawdown since its inception was -40.35%, which is greater than WBIG's maximum drawdown of -25.32%. Use the drawdown chart below to compare losses from any high point for BLES and WBIG.
Loading charts...
Drawdown Indicators
| BLES | WBIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.35% | -25.32% | -15.03% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -5.06% | -3.23% |
Max Drawdown (3Y)Largest decline over 3 years | -15.46% | -20.20% | +4.74% |
Max Drawdown (5Y)Largest decline over 5 years | -26.61% | -25.32% | -1.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.32% | — |
Current DrawdownCurrent decline from peak | -0.55% | -4.84% | +4.29% |
Average DrawdownAverage peak-to-trough decline | -6.05% | -10.92% | +4.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 1.61% | +0.57% |
Volatility
BLES vs. WBIG - Volatility Comparison
Inspire Global Hope ETF (BLES) has a higher volatility of 3.61% compared to WBI BullBear Yield 3000 ETF (WBIG) at 3.43%. This indicates that BLES's price experiences larger fluctuations and is considered to be riskier than WBIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BLES | WBIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 3.43% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.60% | 6.58% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.43% | 9.89% | +2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 12.05% | +4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 11.55% | +7.39% |
BLES vs. WBIG - Expense Ratio Comparison
BLES has a 0.58% expense ratio, which is lower than WBIG's 1.14% expense ratio.
Dividends
BLES vs. WBIG - Dividend Comparison
BLES's dividend yield for the trailing twelve months is around 1.77%, more than WBIG's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLES Inspire Global Hope ETF | 1.77% | 1.97% | 1.90% | 1.80% | 1.64% | 9.28% | 1.61% | 2.16% | 1.73% | 2.01% | 0.00% | 0.00% |
WBIG WBI BullBear Yield 3000 ETF | 1.21% | 1.74% | 2.05% | 1.74% | 1.29% | 2.94% | 0.90% | 1.87% | 1.20% | 1.27% | 0.96% | 1.41% |
Frequently Asked Questions
BLES and WBIG have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLES has higher volatility (3.61%) compared to WBIG (3.43%). In terms of maximum drawdown, BLES dropped -40.35% vs WBIG's -25.32%.
On 5-year performance, BLES leads with 7.38% vs 0.62% for WBIG. On fees, BLES is cheaper at 0.58% per year. On volatility, WBIG has been the lower-risk option at 3.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BLES has performed better with a 7.38% return vs 0.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BLES is cheaper with a 0.58% expense ratio, compared with 1.14% for WBIG.
BLES has the higher dividend yield at 1.77%, compared with 1.21% for WBIG.
They also come from different issuers: Inspire and WBI. Their fees differ too: 0.58% for BLES and 1.14% for WBIG.
WBIG currently has the higher Sharpe Ratio (1.99 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BLES and WBIG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer