CORE16 Best of Breed Premier Index ETF
$29.93−0.19 (−0.63%)
- 0.70%
- $1M
- +18.8%
- 0M sh
- $30.38
- low $24.51high $33.86
The ETF.net BOBP Grade
Score 22 out of 100
- 28 of 29
Score 22 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 23
- This cap took
- −0
- Published Score
- 22
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 26 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F6 out of 100Rank 28 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 18 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 16 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F24 out of 100Rank 27 of 29
Our read on BOBP
FMost large-cap index funds ride out every drawdown fully invested. BOBP tracks an index with an off-ramp: rules that can shift part of the portfolio into cash to blunt downside. Same blue-chip pond, different reflex.
The fund seeks to track the total return of the CORE16 Best of Breed Premier Index before fees and expenses. The index uses a rules-based selection of U.S. large-cap equities and can shift part of its allocation to cash or cash equivalents to mitigate downside risk.
Why people hold it
- The hook is the cash rule: the index can move part of the portfolio into cash equivalents to mitigate downside risk instead of riding out a selloff fully invested.
- Rules-based, not a hunch. Holdings come from a published index method applied to US large-cap stocks, so the selection process is knowable up front.
- Ordinary 1940 Act fund structure, the same plumbing as mainstream stock ETFs, with no partnership or note complexity layered on top.
Worth knowing
- 0.70% a year runs above the cohort median and many times what core rivals like DFAU (0.12%) and AVLC (0.15%) charge. The cash mechanism is what the premium buys.
- Cash cuts both ways: when the sleeve is engaged, stock exposure sits below a fully invested large-cap index, so results can diverge in either direction.
- A 2025 launch, still small and thinly traded, so bid-ask spreads can be wider than a mega-fund's and the record to study is short.
BOBP Holdings
- Stocks
- 52
- 34%
- BIL
Sectors
- Technology32.0%
- Industrials28.9%
- Consumer Discretionary6.5%
- Consumer Staples6.4%
- Financials5.9%
- Communication5.8%
- Health Care5.5%
- Energy4.8%
- Utilities2.3%
- Materials1.9%
Geography
- United States95.47%
- Ireland1.97%
- Canada1.46%
- Switzerland1.10%
BOBP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BOBP |
|---|---|
| Year to date | +16.4% |
| 1 month | −0.1% |
| 3 months | −3.6% |
| 1 year | +18.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BOBP |
|---|---|---|
| 2026 YTD | +16.4% | |
| 2025 | +8.5% |
BOBP in the news
No ETF.net Research article names BOBP yet.
BOBP Dividends
- $0.86 per share
- Irregular
Distribution data unavailable.
Distribution history
BOBP Risk
- 22.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.69
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BOBP Cost
- The middle half of US Large-Cap funds
- Median 0.20%
24 of the 28 US Large-Cap funds charge less.
Other funds in US Large-Cap
- DJLCOJohn Hancock Large Cap Opportunities ETFExpense ratio 0.39%1 year return —
- DFLCCFederated Hermes MDT Large Cap Core ETFExpense ratio 0.40%1 year return +19.5%
- DSGLCSGI U.S. Large Cap Core ETFExpense ratio 0.85%1 year return +28.5%
- DMAGATruth Social America First ETFExpense ratio 0.72%1 year return +9.8%
- FHFSPTradersAI Large Cap Equity & Cash ETFExpense ratio 1.25%1 year return −24.4%