What this ETF is trying to do

The CORE16 Best of Breed Premier Index ETF (BOBP) is an exchange-traded fund that holds a variety of assets. Based on its top holdings, it invests in a mix of companies across different industries, such as technology, consumer goods, and industrial services.

What the numbers show

As of October 9, 2026, the share price of BOBP was $30.37.

When looking at performance, it is important to distinguish between price return and total return:

• Price Return: This measures only the change in the share price. The one-year price return was 13.00%, and the year-to-date (YTD) price return was 17.36%.

• Total Return: This reflects the overall return, including distributions. The one-year total return was 16.71%, and the YTD total return was 17.36%.

For an example of how price return works, if you had invested $10,000 in this ETF roughly one year ago (when the estimated price was $26.88), the price-only increase would have grown that investment to approximately $11,300.

Income and distribution explanation

This ETF provides cash payments to investors called distributions. The distribution yield is 2.82%. Over the last 12 months, it has made one payout. The frequency of these payments is described as irregular or less frequent.

It is important for beginners to remember that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the net asset value of a fund declines over time, which can eat away at an investor's principal.

For BOBP, the erosion-risk score is 100, and the erosion severity is labeled as "good." The data indicates that no price erosion was detected, and the severe erosion-risk flag is false.

Top Holdings

The fund holds 52 different assets. Because the list is partial, these are the Top Holdings as of October 4, 2026:

• STATE STREET SPDR BLMBG1-3MTHT-BILLETF: 9.58%

• Micron Technology Inc: 3.48%

• Lam Research Corp: 3.38%

• Coca-Cola Co: 2.69%

• Waste Management Inc: 2.58%

• Applied Materials Inc: 2.46%

• Quanta Services Inc: 2.35%

• Corning Inc: 2.29%

• Alphabet Inc Class A: 2.12%

• Caterpillar Inc: 2.11%

Pros

• Positive price and total returns over the last year and year-to-date.

• No detected NAV erosion according to the erosion-risk score.

• Diversified holdings across different sectors.

Cons

• Distributions are irregular and less frequent.

• Three-year performance data was not supplied.

Beginner takeaway

BOBP is an ETF that has seen its share price increase over the past year. It provides some income through distributions, though those payments are not frequent. Unlike some high-yield funds, this ETF currently shows a "good" erosion-risk score, meaning its price has not shown the typical signs of eroding.