Inspire Global Hope ETF (NYSE: BLES) is an exchange-traded fund that seeks to replicate the performance of the Inspire Global Hope Index, providing investors with exposure to an equal-weighted portfolio of approximately 400 large-cap equity securities from the United States, international developed markets, and emerging markets; the fund employs the proprietary Inspire Impact Score methodology to select companies aligned with biblical values, emphasizing those that positively impact customers, communities, workforce, and the world while excluding sectors such as abortion-related activities, alcohol, gambling, pornography, tobacco, and LGBT activism; it features quarterly rebalancing to maintain equal weighting, offering a smaller-cap tilt relative to traditional market-cap approaches and serving as a core equity holding for faith-based investors.
Launched on February 27, 2017, under Northern Lights Fund Trust IV and managed by Inspire Investing, LLC, the ETF is headquartered in Meridian, Idaho, with global operations tracking securities across diversified sectors including information technology, industrials, financials, health care, consumer discretionary, and utilities.
Recent developments include the removal of "ESG" from the fund's name in August 2022 to better reflect its faith-based screening focus rather than conventional ESG criteria; ongoing expense ratio optimizations across the Inspire ETF suite, with BLES maintaining a competitive 0.49% fee; celebration of its 7-year trading anniversary in March 2024 alongside sister founding ETF ISMD; and sustained asset growth to approximately $117 million as of late 2025, supported by quarterly dividend distributions such as $0.0851 per share declared recently.