BOBP vs. UMI

Last updated Jun 4, 2026

BOBP (CORE16 Best of Breed Premier Index ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both exchange-traded funds - BOBP is a Large Cap Blend Equities fund tracking the CORE16 Best of Breed Premier Index, while UMI is a Energy Equities fund actively managed by Wainwright, Inc.. BOBP is passively managed, while UMI is actively managed. Over the past year, BOBP returned 34.52% vs 23.91% for UMI. At a 0.03 correlation, their price movements are largely independent. BOBP charges 0.70%/yr vs 0.85%/yr for UMI.

Performance

BOBP vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CORE16 Best of Breed Premier Index ETF (BOBP) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOBP achieves a 24.96% return, which is significantly higher than UMI's 22.52% return.

BOBP

• 1D: 0.43%
• 1M: 9.07%
• YTD: 24.96%
• 6M: 24.49%
• 1Y: 34.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMI

• 1D: 0.02%
• 1M: -1.04%
• YTD: 22.52%
• 6M: 22.06%
• 1Y: 23.91%
• 3Y*: 27.26%
• 5Y*: 20.29%
• 10Y*: —

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

BOBP vs. UMI - Yearly Performance Comparison

	2026 (YTD)	2025
BOBP CORE16 Best of Breed Premier Index ETF	24.96%	8.50%
UMI USCF Midstream Energy Income Fund ETF	22.52%	3.65%

Correlation

The correlation between BOBP and UMI is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (All Time) Calculated using the full available price history since May 22, 2025	0.03

BOBP vs. UMI - Sectors Allocation Comparison

Sectors	BOBP	UMI
Technology	40.7%	-
Industrials	32.0%	-
Basic Materials	10.9%	-
Utilities	4.7%	1.0%
Communication Services	3.9%	-
Energy	3.7%	99.0%
Consumer Defensive	2.8%	-
Consumer Cyclical	1.4%	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

BOBP vs. UMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOBP

BOBP Risk / Return Rank: 57
BOBP Sharpe Ratio Rank: 56
BOBP Sortino Ratio Rank: 54
BOBP Omega Ratio Rank: 57
BOBP Calmar Ratio Rank: 54
BOBP Martin Ratio Rank: 65

UMI

UMI Risk / Return Rank: 52
UMI Sharpe Ratio Rank: 49
UMI Sortino Ratio Rank: 47
UMI Omega Ratio Rank: 47
UMI Calmar Ratio Rank: 64
UMI Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOBP vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CORE16 Best of Breed Premier Index ETF (BOBP) and USCF Midstream Energy Income Fund ETF (UMI). 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.

	BOBP	UMI	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.71	+0.17
Sortino ratio: Return per unit of downside risk	2.58	2.36	+0.21
Omega ratio: Gain probability vs. loss probability	1.34	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	2.65	3.20	-0.55
Martin ratio: Return relative to average drawdown	11.75	8.90	+2.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOBP vs. UMI - Sharpe Ratio Comparison

The current BOBP Sharpe Ratio is 1.88, which is comparable to the UMI Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of BOBP and UMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BOBP	UMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	1.71	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.89	0.62	+1.27

Drawdowns

BOBP vs. UMI - Drawdown Comparison

The maximum BOBP drawdown since its inception was -13.06%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for BOBP and UMI.

Drawdown Indicators

	BOBP	UMI	Difference
Max Drawdown Largest peak-to-trough decline	-13.06%	-48.08%	+35.02%
Max Drawdown (1Y) Largest decline over 1 year	-13.06%	-7.50%	-5.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.05%	—
Current Drawdown Current decline from peak	0.00%	-4.76%	+4.76%
Average Drawdown Average peak-to-trough decline	-1.63%	-6.60%	+4.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.70%	+0.25%

Volatility

BOBP vs. UMI - Volatility Comparison

CORE16 Best of Breed Premier Index ETF (BOBP) has a higher volatility of 7.11% compared to USCF Midstream Energy Income Fund ETF (UMI) at 5.94%. This indicates that BOBP's price experiences larger fluctuations and is considered to be riskier than UMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOBP	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	5.94%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	16.31%	10.98%	+5.33%
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	14.04%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	19.55%	-1.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	23.20%	-4.93%

BOBP vs. UMI - Expense Ratio Comparison

BOBP has a 0.70% expense ratio, which is lower than UMI's 0.85% expense ratio.

Dividends

BOBP vs. UMI - Dividend Comparison

BOBP's dividend yield for the trailing twelve months is around 2.65%, less than UMI's 5.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BOBP CORE16 Best of Breed Premier Index ETF	2.65%	3.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	5.98%	6.23%	4.39%	4.67%	4.36%	3.00%	2.18%	2.47%	2.48%	0.15%

Frequently Asked Questions

Can I hold both BOBP and UMI in my portfolio?

BOBP and UMI have a correlation of 0.02, 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 UMI?

BOBP has higher volatility (7.11%) compared to UMI (5.94%). In terms of maximum drawdown, BOBP dropped -13.06% vs UMI's -48.08%.

Which ETF is better, BOBP or UMI?

On 1-year performance, BOBP leads with 34.52% vs 23.91% for UMI. On fees, BOBP is cheaper at 0.70% per year. On volatility, UMI has been the lower-risk option at 5.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOBP or UMI?

Over the 1-year period, BOBP has performed better with a 34.52% return vs 23.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOBP or UMI?

BOBP is cheaper with a 0.70% expense ratio, compared with 0.85% for UMI.

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

UMI has the higher dividend yield at 5.98%, compared with 2.65% for BOBP.

What is the main difference between BOBP and UMI?

BOBP is categorized as Large Cap Blend Equities, while UMI is Energy Equities. They also come from different issuers: Exchange Traded Concepts and Wainwright, Inc.. Their fees differ too: 0.70% for BOBP and 0.85% for UMI.

Which has better risk-adjusted returns?

BOBP currently has the higher Sharpe Ratio (1.88 vs 1.71), 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.