BOBP vs. ESN

Last updated Aug 2, 2026

BOBP (CORE16 Best of Breed Premier Index ETF) and ESN (Essential 40 Stock ETF) are both Large Cap Blend Equities funds - BOBP tracks the CORE16 Best of Breed Premier Index while ESN tracks the Essential 40 Stock Index. Both are passively managed. Over the past year, BOBP returned 20.29% vs 27.64% for ESN. Their 0.62 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.70% expense ratio.

Performance

BOBP vs. ESN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CORE16 Best of Breed Premier Index ETF (BOBP) and Essential 40 Stock ETF (ESN). 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 lower than ESN's 16.65% return.

BOBP

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

ESN

• 1D: 0.28%
• 1M: -0.26%
• 6M: 12.11%
• YTD: 16.65%
• 1Y: 27.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.50%

*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
ESN Essential 40 Stock ETF	$2.17M	$1.60M	$1.63M

BOBP vs. ESN - Yearly Performance Comparison

	2026 (YTD)	2025
BOBP CORE16 Best of Breed Premier Index ETF	13.31%	7.63%
ESN Essential 40 Stock ETF	16.65%	10.94%

Correlation

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

Return for Risk

BOBP vs. ESN — 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

ESN

ESN Risk / Return Rank: 93
ESN Sharpe Ratio Rank: 94
ESN Sortino Ratio Rank: 93
ESN Omega Ratio Rank: 92
ESN Calmar Ratio Rank: 91
ESN Martin Ratio Rank: 92

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. ESN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CORE16 Best of Breed Premier Index ETF (BOBP) and Essential 40 Stock ETF (ESN). 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	ESN	Difference
Sharpe ratio: Return per unit of total volatility	0.81	2.65	-1.84
Sortino ratio: Return per unit of downside risk	1.23	3.65	-2.43
Omega ratio: Gain probability vs. loss probability	1.16	1.46	-0.30
Calmar ratio: Return relative to maximum drawdown	1.17	4.12	-2.94
Martin ratio: Return relative to average drawdown	4.38	16.52	-12.13

BOBP vs. ESN - Sharpe Ratio Comparison

The current BOBP Sharpe Ratio is 0.81, which is lower than the ESN Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of BOBP and ESN, 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. ESN - Drawdown Comparison

The maximum BOBP drawdown since its inception was -16.32%, which is greater than ESN's maximum drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for BOBP and ESN.

Drawdown Indicators

	BOBP	ESN	Difference
Max Drawdown Largest peak-to-trough decline	-16.32%	-13.60%	-2.72%
Max Drawdown (1Y) Largest decline over 1 year	-16.32%	-6.42%	-9.90%
Current Drawdown Current decline from peak	-13.24%	-0.53%	-12.71%
Average Drawdown Average peak-to-trough decline	-2.32%	-1.81%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.36%	1.60%	+2.76%

Volatility

BOBP vs. ESN - Volatility Comparison

CORE16 Best of Breed Premier Index ETF (BOBP) has a higher volatility of 8.34% compared to Essential 40 Stock ETF (ESN) at 2.65%. This indicates that BOBP's price experiences larger fluctuations and is considered to be riskier than ESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOBP	ESN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.34%	2.65%	+5.69%
Volatility (6M) Calculated over the trailing 6-month period	21.51%	7.51%	+14.00%
Volatility (1Y) Calculated over the trailing 1-year period	23.61%	9.98%	+13.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.86%	13.04%	+8.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	13.04%	+8.82%

BOBP vs. ESN - Expense Ratio Comparison

Both BOBP and ESN have an expense ratio of 0.70%.

Dividends

BOBP vs. ESN - Dividend Comparison

BOBP's dividend yield for the trailing twelve months is around 2.92%, more than ESN's 0.78% yield.

Position	TTM	2025	2024
BOBP CORE16 Best of Breed Premier Index ETF	2.92%	3.31%	0.00%
ESN Essential 40 Stock ETF	0.78%	0.91%	0.76%

Frequently Asked Questions

Can I hold both BOBP and ESN in my portfolio?

BOBP and ESN 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 ESN?

BOBP has higher volatility (8.34%) compared to ESN (2.65%). In terms of maximum drawdown, BOBP dropped -16.32% vs ESN's -13.60%.

Which ETF is better, BOBP or ESN?

On 1-year performance, ESN leads with 27.64% vs 20.29% for BOBP. Both ETFs have the same 0.70% expense ratio. On volatility, ESN has been the lower-risk option at 2.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOBP or ESN?

Over the 1-year period, ESN has performed better with a 27.64% return vs 20.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOBP or ESN?

BOBP and ESN have the same expense ratio: 0.70% per year.

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

BOBP has the higher dividend yield at 2.92%, compared with 0.78% for ESN.

What is the main difference between BOBP and ESN?

BOBP tracks CORE16 Best of Breed Premier Index, while ESN tracks Essential 40 Stock Index. They also come from different issuers: Exchange Traded Concepts and KKM.

Which has better risk-adjusted returns?

ESN currently has the higher Sharpe Ratio (2.65 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.