BOBP vs. EQL

Last updated Aug 2, 2026

BOBP (CORE16 Best of Breed Premier Index ETF) and EQL (ALPS Equal Sector Weight ETF) are both Large Cap Blend Equities funds - BOBP tracks the CORE16 Best of Breed Premier Index while EQL tracks the NYSE Equal Sector Weight Index. Both are passively managed. Over the past year, BOBP returned 20.29% vs 18.34% for EQL. Their 0.62 correlation means they have sometimes moved together and sometimes differently. BOBP charges 0.70%/yr vs 0.27%/yr for EQL.

Performance

BOBP vs. EQL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CORE16 Best of Breed Premier Index ETF (BOBP) and ALPS Equal Sector Weight ETF (EQL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOBP achieves a 13.31% return, which is significantly higher than EQL's 10.71% return.

BOBP

• 1D: 0.26%
• 1M: -5.76%
• 6M: 8.81%
• YTD: 13.31%
• 1Y: 20.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.09%

EQL

• 1D: 0.57%
• 1M: 0.31%
• 6M: 6.82%
• YTD: 10.71%
• 1Y: 18.34%
• 3Y*: 14.59%
• 5Y*: 10.63%
• 10Y*: 12.39%
• ALL TIME*: 13.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOBP CORE16 Best of Breed Premier Index ETF	$88.20K	$92.43K	$96.63K
EQL ALPS Equal Sector Weight ETF	$3.33M	$2.84M	$2.70M

BOBP vs. EQL - Yearly Performance Comparison

	2026 (YTD)	2025
BOBP CORE16 Best of Breed Premier Index ETF	13.31%	7.63%
EQL ALPS Equal Sector Weight ETF	10.71%	9.09%

Correlation

The correlation between BOBP and EQL is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (All Time) Calculated using the full available price history since May 21, 2025	0.62

The correlation between BOBP and EQL has been stable across timeframes, ranging from 0.60 to 0.62 - a consistent structural relationship.

BOBP vs. EQL - Sectors Allocation Comparison

Sectors	BOBP	EQL
Technology	25.9%	10.2%
Industrials	25.6%	9.3%
Financial Services	11.7%	9.1%
Utilities	6.0%	9.4%
Consumer Defensive	5.9%	8.8%
Healthcare	5.2%	9.4%
Energy	4.7%	8.7%
Communication Services	4.7%	8.9%
Basic Materials	4.5%	8.0%
Consumer Cyclical	4.2%	9.6%
Real Estate	-	8.7%

Return for Risk

BOBP vs. EQL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BOBP

BOBP Risk / Return Rank: 35
BOBP Sharpe Ratio Rank: 33
BOBP Sortino Ratio Rank: 32
BOBP Omega Ratio Rank: 34
BOBP Calmar Ratio Rank: 34
BOBP Martin Ratio Rank: 41

EQL

EQL Risk / Return Rank: 79
EQL Sharpe Ratio Rank: 80
EQL Sortino Ratio Rank: 79
EQL Omega Ratio Rank: 78
EQL Calmar Ratio Rank: 78
EQL Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BOBP vs. EQL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CORE16 Best of Breed Premier Index ETF (BOBP) and ALPS Equal Sector Weight ETF (EQL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BOBP	EQL	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.82	-1.01
Sortino ratio: Return per unit of downside risk	1.23	2.54	-1.32
Omega ratio: Gain probability vs. loss probability	1.16	1.33	-0.17
Calmar ratio: Return relative to maximum drawdown	1.17	2.78	-1.61
Martin ratio: Return relative to average drawdown	4.38	10.89	-6.51

BOBP vs. EQL - Sharpe Ratio Comparison

The current BOBP Sharpe Ratio is 0.81, which is lower than the EQL Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of BOBP and EQL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BOBP vs. EQL - Drawdown Comparison

The maximum BOBP drawdown since its inception was -16.32%, smaller than the maximum EQL drawdown of -35.65%. Use the drawdown chart below to compare losses from any high point for BOBP and EQL.

Drawdown Indicators

	BOBP	EQL	Difference
Max Drawdown Largest peak-to-trough decline	-16.32%	-35.65%	+19.33%
Max Drawdown (1Y) Largest decline over 1 year	-16.32%	-6.19%	-10.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.65%	—
Current Drawdown Current decline from peak	-13.24%	-0.27%	-12.97%
Average Drawdown Average peak-to-trough decline	-2.32%	-3.23%	+0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	1.58%	+2.78%

Volatility

BOBP vs. EQL - Volatility Comparison

CORE16 Best of Breed Premier Index ETF (BOBP) has a higher volatility of 8.34% compared to ALPS Equal Sector Weight ETF (EQL) at 2.23%. This indicates that BOBP's price experiences larger fluctuations and is considered to be riskier than EQL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOBP	EQL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.34%	2.23%	+6.11%
Volatility (6M) Calculated over the trailing 6-month period	21.51%	7.03%	+14.48%
Volatility (1Y) Calculated over the trailing 1-year period	23.61%	9.50%	+14.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.86%	14.51%	+7.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	16.49%	+5.37%

BOBP vs. EQL - Expense Ratio Comparison

BOBP has a 0.70% expense ratio, which is higher than EQL's 0.27% expense ratio.

Dividends

BOBP vs. EQL - Dividend Comparison

BOBP's dividend yield for the trailing twelve months is around 2.92%, more than EQL's 1.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOBP CORE16 Best of Breed Premier Index ETF	2.92%	3.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EQL ALPS Equal Sector Weight ETF	1.35%	1.73%	1.78%	1.96%	2.14%	1.69%	2.29%	1.95%	2.39%	1.97%	2.89%	2.07%

Frequently Asked Questions

Can I hold both BOBP and EQL in my portfolio?

BOBP and EQL have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOBP or EQL?

BOBP has higher volatility (8.34%) compared to EQL (2.23%). In terms of maximum drawdown, BOBP dropped -16.32% vs EQL's -35.65%.

Which ETF is better, BOBP or EQL?

On 1-year performance, BOBP leads with 20.29% vs 18.34% for EQL. On fees, EQL is cheaper at 0.27% per year. On volatility, EQL has been the lower-risk option at 2.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOBP or EQL?

Over the 1-year period, BOBP has performed better with a 20.29% return vs 18.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOBP or EQL?

EQL is cheaper with a 0.27% expense ratio, compared with 0.70% for BOBP.

Which ETF pays a higher dividend yield, BOBP or EQL?

BOBP has the higher dividend yield at 2.92%, compared with 1.35% for EQL.

What is the main difference between BOBP and EQL?

BOBP tracks CORE16 Best of Breed Premier Index, while EQL tracks NYSE Equal Sector Weight Index. They also come from different issuers: Exchange Traded Concepts and SS&C. Their fees differ too: 0.70% for BOBP and 0.27% for EQL.

Which has better risk-adjusted returns?

EQL currently has the higher Sharpe Ratio (1.82 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.