BIBL: INSPIRE 100 ETF
ETF Education Report: INSPIRE 100 ETF (BIBL)
What this ETF is trying to do
The INSPIRE 100 ETF (ticker: BIBL) is an exchange-traded fund listed on the NYSE. It holds a collection of different companies. Based on its top holdings, it includes companies like Caterpillar Inc, Arista Networks Inc, and KLA Corp. Because the list provided is partial, these are considered "Top Holdings" rather than all the companies in the fund.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only how much the share price has changed.
• Total Return: This includes both the change in share price and any cash distributions (dividends) paid out to investors.
For BIBL, the numbers show growth in both areas:
• Year-to-Date (YTD): The price return is approximately 22.89%, while the total return is approximately 23.88%.
• One Year: The price return was approximately 23.82%, and the total return was approximately 25.09%.
• Three Years: The price return was approximately 76.57%, and the total return was approximately 82.20%.
To visualize this, the estimated price from roughly one year ago was $44.79. The current price is $55.46.
Income and distribution explanation
Some investors look for "income," which is cash paid out by the ETF. BIBL has a distribution yield of approximately 0.91%. This means the cash distributions represent about 0.91% of the ETF's price. The fund usually pays these out quarterly, and it has made 4 payments over the last 12 months.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases significantly over time. It is important to note that a falling share price does not always mean NAV erosion is happening. In the case of BIBL, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield (0.91%) is relatively low compared to some other types of income-focused funds.
Beginner takeaway
When studying BIBL, remember that price returns and total returns are different. Total return gives a fuller picture because it includes the cash distributions you receive. Also, while high yields can be attractive to some, they do not guarantee that the share price will stay stable. Always look at both the growth of the price and the income being paid out.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CATERPILLAR INC | CAT | 7.51% |
| 2 | ARISTA NETWORKS INC | ANET | 5.79% |
| 3 | KLA CORP | KLAC | 4.75% |
| 4 | AMPHENOL CORP CLASS A | APH | 4.16% |
| 5 | INTERACTIVE BROKERS GROUP INC CLASS A | IBKR | 3.78% |
| 6 | WELLTOWER INC | WELL | 3.48% |
| 7 | FORTINET INC | FTNT | 2.93% |
| 8 | FREEPORT-MCMORAN INC | FCX | 2.68% |
| 9 | PARKER HANNIFIN CORP | PH | 2.66% |
| 10 | PROGRESSIVE CORP | PGR | 2.53% |