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Inspire Global Hope ETF

BLES
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 27 2017
Expense Ratio
0.49%
Type
Global Equities
Fund Owner
Inspire Investing
Volume (1m avg. daily)
$487,998
AUM
$151,200,000
Associated Index
Inspire Global Hope Large Cap Equal Weight Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

BHVN
Biohaven Ltd
0.31%
GOTO
GOTO GOJEK TOKOPEDIA TBK PT
0.31%
STM
STMICROELECTRONICS NV
0.30%
SIVB
SVB Financial Group
0.30%
ALB
Albemarle Corp.
0.30%
NUE
Nucor Corp.
0.30%
RYAAY
Ryanair Holdings Plc - ADR
0.30%
PLUG
Plug Power Inc
0.29%
LBRDA
Liberty Broadband Corp - Ordinary Shares - Series A
0.29%
S32
South32 Limited
0.29%
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 VT, EAOA, SPGM

BLES
Northern Lights Fund Trust IV - Inspire Global Hope ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
EAOA
iShares Trust - iShares ESG Aware Aggressive Allocation ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWF
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Multifactor ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
RVRB
Advisors Series Trust - Reverb ETF
KOKU
DBX ETF Trust - Xtrackers MSCI Kokusai Equity 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.

Disclaimers

*

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.