BLES vs VOO

BLES vs VOO

Which is better, BLES or VOO?

VOO has been ahead.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. BLES is less concentrated, with 3.6% of the fund in its ten largest positions against 37.6%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: BLES

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricBLESVOO
Expense Ratio0.60%0.03%Best
AUM$166M$997.4B
Dividend Yield1.75%1.04%
Holdings420509
YTD Return+11.00%+12.67%Best
1Y Return+14.85%+16.35%Best
3Y Return (annualized)+16.60%+22.92%Best
5Y Return (annualized)+7.89%+13.55%Best
Volatility (annualized)17.5%15.7%Best
Max Drawdown-40.4%-34.3%Best
$10,000 over 5 years$14,619$18,877Best
Top 10 Weight3.6%Best37.6%
Fund FamilyInspire ETFsVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionFeb 27, 2017Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Feb 28, 2017 to Sep 28, 2026 (9.6 years).

BLES vs VOO growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.6 years both funds cover.

BLES vs VOO Performance

Inspire Global Hope ETF (BLES) is an ETF from Inspire ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BLES returned +14.85% while VOO returned +16.35%. Year to date, BLES is up 11.00% versus a gain of 12.67% for VOO.

Over three years, BLES compounded at +16.60% per year against +22.92% for VOO; over five years the annualized figures are +7.89% and +13.55% respectively. Across the full 10-year window we track, VOO has the edge at +13.98% annualized vs +8.93%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BLES has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 15.7% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -40.4% for BLES and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

BLES charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, BLES currently yields 1.75% against 1.04% for VOO.

Holdings Overlap

BLES already in VOO30.1%
VOO already in BLES12.0%

30.1% of BLES's money is in holdings VOO also owns. 12.0% of VOO's money is in holdings BLES also owns.

The two portfolios partly overlap.

125 positions in common, counted across the 399 positions we hold weights for in BLES and 494 in VOO, against full books of 420 and 509.

What only one of them owns

Our book lists 363 positions for VOO that do not appear in our book for BLES (87.1% of the fund), and 74 for BLES that do not appear in VOO (18.2%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in BLESWeight in VOODifference
AVGOBroadcom Inc0.23%2.86%2.63%
CATCaterpillar, Inc.0.18%0.58%0.40%
ANETArista Networks Inc Common Stock0.28%0.29%0.01%
APHAmphenol Corp. Class A0.22%0.31%0.09%
KLACKla Corp0.15%0.37%0.22%
WELLWelltower, Inc.0.25%0.26%0.01%
WDCWestern Digital Corp Company Guar 11/28 30.17%0.29%0.12%
VLOValero Energy0.31%0.14%0.17%
ICEInternational Exchange, Inc.0.31%0.13%0.18%
MRVLMarvell Technology Group Ltd.0.18%0.26%0.08%

30.1% of BLES is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BLESVOO

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Frequently Asked Questions

Which is cheaper, BLES or VOO?

BLES has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.

Which performed better, BLES or VOO?

Over the past year BLES returned +14.85% vs +16.35% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), BLES annualized +8.93% vs +13.98% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BLES or VOO?

BLES has been the more volatile fund at 17.5% annualized versus 15.7% for VOO. Worst drawdown: BLES -40.4% vs VOO -34.3%.

Should I hold both BLES and VOO?

BLES and VOO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between BLES and VOO?

30.1% of BLES's money is in holdings VOO also owns. 12.0% of VOO's is in holdings BLES also owns. They hold 125 positions in common, counted across the 399 positions we hold weights for in BLES and 494 in VOO.

Which pays a higher dividend, BLES or VOO?

BLES yields 1.75% while VOO yields 1.04%, so BLES currently pays the higher dividend yield.

Is VOO better than BLES?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. BLES is less concentrated, with 3.6% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.