CORE16 Best of Breed Premier Index ETF
$30.18−0.00 (−0.00%)
- Expense ratio
- 0.70%
- Fund size
- $1M
- 1Y return
- +15.6%
- Yield · Last 12 months
- Data unavailable
- Holdings
- 51
- Volume · 30D
- 0M sh
- NAV per share
- $30.22
- 52W range
The ETF.net BOBP Grade
Score 20 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 11Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 11Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 23Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 25Category rank
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
- 51
- 34%
- BIL
Sectors
- Industrials25.4%
- Technology23.9%
- Financials16.2%
- Consumer Discr.6.3%
- Cons. Staples6.3%
- Communication5.3%
- Energy5.0%
- Health Care4.9%
- Materials4.6%
- Utilities2.2%
Geography
- United States92.61%
- Ireland2.87%
- United Kingdom1.85%
- Canada1.50%
- Switzerland1.17%
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 Sep 22, 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 | +16.6% |
| 1 month | −0.9% |
| 3 months | −9.8% |
| 1 year | +15.6% |
| 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 | +16.6% | |
| 2025 | +8.5% |
BOBP in the news
ETF.net Research hasn’t filed on BOBP yet — coverage lands here as it’s written.
BOBP Dividends
- $0.86 per share
- Irregular
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 30, 2025 | Dec 31, 2025 | $0.86 |
BOBP Risk
- 22.9%
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.
- 0.72
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.
- 1.37
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.