- What does BOBP invest in?
- BOBP invests in US large-cap securities identified to have favorable near- to medium-term capital appreciation potential based on equity skewness, a measure of how returns are likely to be higher or lower than average. Positive skewness suggests more frequent small losses and fewer but larger gains, while negative skewness implies more frequent small gains and fewer but larger losses. The index calculates equity skewness using a moving average and considers the correlation of each securitys return to its universe-wide average. If the universe-wide skewness is positive, the fund selects stocks with positive skewness. If the universe-wide skewness is negative, it favors stocks with less negative skewness. Based on these conditions, the fund selects and equally weights the top 50 stocks. The methodology aims to filter market noise and short-term volatility. The fund allocates 10-20% to cash and cash equivalents according to proprietary indicators. The index is rebalanced bi-weekly.
- What is the expense ratio of BOBP?
- CORE16 Best of Breed Premier Index ETF (BOBP) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BOBP?
- CORE16 Best of Breed Premier Index ETF (BOBP) manages $811,780 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BOBP actively managed or an index fund?
- BOBP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was BOBP launched?
- CORE16 Best of Breed Premier Index ETF (BOBP) launched in May 2025 and is managed by CORE16.
- How has BOBP performed?
- BOBP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
