BLES ETF — Holdings & Analysis

With an expense ratio of 0.56%, BLES offers a faith-based investment approach, distinguishing itself from traditional equity ETFs by incorporating ethical and religious considerations into its stock selection process. Past performance does not guarantee future results.

Inspire Global Hope ETF (BLES) ETF — Price, Holdings & Analysis

The Inspire Global Hope ETF (BLES) is an equity ETF with $0.13 billion in assets under management. Launched in 2017 by Inspire, BLES focuses on investing in biblically aligned large companies globally, as determined by Inspire Impact Scores. With an expense ratio of 0.56%, BLES offers a faith-based investment approach, distinguishing itself from traditional equity ETFs by incorporating ethical and religious considerations into its stock selection process. Past performance does not guarantee future results.

ETF Overview

Inspire Global Hope ETF invests into inspiring, biblically aligned large companies from both the U.S. and around the world as determined by Inspire Impact Scores greater than or equal to zero.

The Inspire Global Hope ETF (BLES) seeks to invest in companies that align with biblical values, using Inspire Impact Scores to select holdings. This strategy focuses on large-cap companies from both the U.S. and around the world with Inspire Impact Scores greater than or equal to zero. The fund's sector allocation is diverse, with significant exposure to Industrials (21.4%), Financial Services (12.9%), and Technology (12.5%). Top holdings include Bloom Energy Corp Class A (0.41%), Samsung SDI Co Ltd (0.40%), and Delta Electronics (Thailand) PCL Units Non-Voting Depository Receipt (0.38%). BLES offers investors a way to align their investments with their faith-based values, focusing on companies deemed socially responsible according to Inspire's criteria. The fund's country exposure is primarily in the United States (49.1%), with smaller allocations to Japan (4.4%) and Canada (4.2%). Past performance does not guarantee future results.

Risk Metrics

BLES carries several risks inherent to its investment strategy. Its relatively small AUM of $0.13 billion may lead to higher trading costs and potential liquidity issues. The expense ratio of 0.56% is higher than some broad market equity ETFs, which can create a drag on performance over time. Sector concentration in Industrials (21.4%) and Financial Services (12.9%) could amplify the fund's sensitivity to downturns in those specific sectors. With a beta of 1.04, BLES exhibits slightly higher volatility compared to the overall market. The fund's unique focus on biblically aligned companies introduces a non-traditional risk factor, as the performance of these companies may be influenced by factors outside of typical financial analysis. Past performance does not guarantee future results.

Expense Ratio

0.56%

What does BLES hold?

Holding	Weight
Bloom Energy Corp Class A (BE)	0.41%
Samsung SDI Co Ltd (006400.KS)	0.40%
Delta Electronics (Thailand) PCL Units Non-Voting Depository Receipt (DELTA-R)	0.38%
Teradyne Inc (TER)	0.37%
Western Digital Corp (WDC)	0.37%
Disco Corp (6146.T)	0.36%
Regal Rexnord Corp (RRX)	0.36%
Vertiv Holdings Co Class A (VRT)	0.36%
Entegris Inc (ENTG)	0.35%
Southern Copper Corp (SCCO)	0.35%

How Is the Fund Allocated?

Sector	Weight
Industrials	21.4%
Financial Services	12.9%
Technology	12.5%
Basic Materials	10.8%
Energy	7.8%
Real Estate	7.7%
Utilities	7.7%
Healthcare	6.9%
Consumer Cyclical	6.7%
Consumer Defensive	4.7%
Communication Services	1.0%

Country	Weight
United States	49.1%
Japan	4.4%
Canada	4.2%
Switzerland	3.9%
Australia	3.6%
Germany	3.1%
United Kingdom	2.9%
Italy	2.2%
France	2.1%
Hong Kong	2.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Brookstone Dividend Stock ETF (BAMD) (Equity) — 0.95% expense ratio
FM Focus Equity ETF (FMCX) (Equity) — 0.70% expense ratio
Brookstone Intermediate Bond ETF (BAMB) (Fixed Income) — 1.04% expense ratio
Inspire 100 ETF (BIBL) (Equity) — 0.41% expense ratio
Brookstone Value Stock ETF (BAMV) (Equity) — 0.95% expense ratio

Risk Metrics

Beta: 1.04

Questions & Answers

What is BLES and what does it track?

The Inspire Global Hope ETF (BLES) is an exchange-traded fund that invests in large-cap companies from the U.S. and around the world that meet Inspire's biblically aligned criteria.

The fund uses Inspire Impact Scores to select companies with scores greater than or equal to zero, reflecting a commitment to ethical and socially responsible investing based on biblical principles.

What is the expense ratio for BLES?

The expense ratio for the Inspire Global Hope ETF (BLES) is 0.56%. This means that for every $10,000 invested in the fund, $56 is used to cover the fund's operating expenses annually.

While this expense ratio provides access to a portfolio of biblically aligned companies, it is higher than the average expense ratio for some broad market equity ETFs.

What are the top holdings in BLES?

As of 2026-03-15, the top holdings in the Inspire Global Hope ETF (BLES) are: Bloom Energy Corp Class A (BE) at 0.41%, Samsung SDI Co Ltd (006400.KS) at 0.40%, and Delta Electronics (Thailand) PCL Units Non-Voting Depository Receipt (DELTA-R) at…

0.38%. Teradyne Inc (TER) and Western Digital Corp (WDC) each hold 0.37% of the fund.

Is BLES a good long-term investment?

Whether BLES is a suitable long-term investment depends on an individual investor's specific financial goals, risk tolerance, and values. BLES offers exposure to global large-cap companies that align with biblical values, which may appeal to investors seeking faith-based investment options.

However, the fund's expense ratio of 0.56% and beta of 1.04 should be considered.

How does BLES compare to similar ETFs?

BLES differentiates itself through its unique focus on biblically aligned companies, setting it apart from traditional equity ETFs. While many ETFs track broad market indices or specific sectors, BLES incorporates ethical and religious considerations into its stock selection process.

Does BLES pay dividends?

As of 2026-03-15, the Inspire Global Hope ETF (BLES) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield.