ETF Evaluator:
CORE16 Best of Breed Premier Index ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 33.9% | Impact Shares NAACP Minority Empwrmt ETF (NACP) |
| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
| 30.5% | FIS Bright Portfolios Focused Equity ETF (BRIF) |
Risk
Index
Risk
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ETF Details
CORE16 Best of Breed Premier Index ETF Overview
CORE16 Best of Breed Premier Index ETF (BOBP) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Exchange Traded Concepts launched the ETF in 2025.
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the CORE16 Best of Breed Premier Index.
The index is designed to provide exposure to a systematically selected, rules-based portfolio of U.S. large-cap equities, with the capacity to adjust allocations between equities and cash (or cash equivalents) to capture upside potential while mitigating downside risk. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities comprising the index. The fund is non-diversified.
About CORE16 Best of Breed Premier Index ETF (BOBP)
There are 4 members of the management team with an average tenure of 1.19 years: Andrew Serowik (2025), Gabriel Tan (2025), Todd Alberico (2025) and Brian Cooper (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: CORE16 Best of Breed Premier TR USD index with a weighting of 100%. CORE16 Best of Breed Premier Index ETF has 52 securities in its portfolio. The top 10 holdings constitute 34.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
CORE16 Best of Breed Premier Index ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. CORE16 Best of Breed Premier Index ETF has 1.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.7% There is 1.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). CORE16 Best of Breed Premier Index ETF has 11.9% of the portfolio in cash.
Assets Under Management
The fund has $584 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BOBP Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The CORE16 Best of Breed Premier Index ETF expense ratio is above average compared to funds in the Large Blend category. CORE16 Best of Breed Premier Index ETF has an expense ratio of 0.70%, which is 69% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. CORE16 Best of Breed Premier Index ETF has a portfolio turnover rate of 245%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, CORE16 Best of Breed Premier Index ETF returned -13.6%, which earned it a grade of F, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
CORE16 Best of Breed Premier Index ETF has a trailing yield of 0.70%, which is below the 1.16% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
CORE16 Best of Breed Premier Index ETF Grades
Year to date, the ETF has returned 13.2%, 3.6 percentage points better than the category, which translates into a grade of A. The fund has returned 18.7% over the past year (grade of C).
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BOBP Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BOBP Return (NAV) | -13.6% | -1.9% | 18.7% | na | na | na |
| BOBP Return (Price) | -13.2% | -1.6% | 19.1% | na | na | na |
| NAV +/- Price Return | -0.349% | -0.286% | -0.341% | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| BOBP Grade (NAV) | F | F | C | na | na | na |
| +/- Category (NAV) | -12.8% | -5.6% | 1.2% | na | na | na |
| BOBP Tax-Cost Ratio | na | na | 1.3% | na | na | na |
BOBP Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BOBP Return (NAV) | 13.2% | na | na | na | na | na | na | na | na | na | na |
| BOBP Return (Price) | 13.3% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.012% | na | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| BOBP Grade (NAV) | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 3.6% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.7% |
| Total Assets: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | 245.0% |
| Expense Ratio: | 0.70% |
| Index Fund: | Yes |
| Index Tracked: | CORE16 Best of Breed Premier TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 1.2 years | |||
| Average Tenure: 1.2 years | |||
| Managers (Year): Serowik Andrew (2025), Tan Gabriel (2025), Alberico Todd (2025), Cooper Brian (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 52 |
| % in Top 10 Holdings: | 34.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 1.4% |
Portfolio Allocation |
|
| Domestic Stock: | 86.7% |
| Foreign Stock: | 1.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 11.9% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Exchange Traded Concepts |
| Phone Number: | 833-462-3466 |
| Website: | www.exchangetradedconcepts.com |
| Inception Date: | May 21, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.70% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.41% |
