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ETFs

Inspire Global Hope ETF

BLES
$--
Today’s Change
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Snapshot
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Inception Date
Feb 27 2017
Expense Ratio
0.61%
Type
Global Equities
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$482,222
AUM
$147,292,000
Associated Index
Inspire Global Hope Large Cap Equal Weight Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

1605
Inpex Corporation
0.36%
VNA
Vonovia SE
0.34%
HAL
Halliburton Co.
0.33%
VLO
Valero Energy Corp.
0.32%
GPN
Global Payments, Inc.
0.32%
CF
CF Industries Holdings Inc
0.32%
TPIA
Chandra Asri Petrochemical Tbk PT
0.32%
5020
ENEOS Holdings Inc.
0.32%
SUZB3
Suzano S.A.
0.31%
OVV
Ovintiv Inc
0.31%
Invest with BLES

What is BLES?

BLES is designed as a core equity holding by providing exposure to a broad range of large companies in the U.S., international and emerging markets. BLES uses the Inspire Impact Score methodology to seek out investments in the most inspiring, biblically aligned companies in the U.S. applying a faith-based perspective in seeking out businesses that are a blessing to their customers, communities, workforce and the world.

ETFs related toBLES

ETFs correlated to BLES include SPGM, VT, AVGE

BLES
Northern Lights Fund Trust IV - Inspire Global Hope ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

BLES is a Global Equities ETF. BLES is designed as a core equity holding by providing exposure to a broad range of large companies in the U.S., international and emerging markets. BLES uses the Inspire Impact Score methodology to seek out investments in the most inspiring, biblically aligned companies in the U.S. applying a faith-based perspective in seeking out businesses that are a blessing to their customers, communities, workforce and the world.

BLES tracks the Inspire Global Hope Large Cap Equal Weight Index.

No, BLES is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BLES is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BLES is -0.0156%. This is the percent change in the value of BLES over the most recent 1-month period. The 3-month return on BLES is -0.0149%. This is the percent change in the value of BLES over the most recent 3-month period.

The standard deviation of BLES for the past year is 0.1783%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BLES include PBW, IGF, and ARKK.

ETFs correlated to BLES include SPGM, VT, and AVGE.

ETFs that are inversely correlated to BLES include EFZ, SH, and SDS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.