Launch of CORE16 Best of Breed Premier Index ETF
On May 21, 2025, Exchange Traded Concepts (ETC) announced the introduction of the CORE16 Best of Breed Premier Index ETF (BOBP) on the NYSE Arca, positioning itself at the forefront of innovative ETF solutions in the financial market. This new ETF targets a selection of 50 securities from the large-cap segment of the U.S. market, determined by a proprietary algorithm developed by CORE16.
The BOBP ETF is designed to measure performance through the CORE16 Best of Breed Premier Index, which identifies optimal buy and sell points within the large-cap equity sphere based on systematic analysis. This method focuses on equity skewness, assessing the distribution of stock returns to identify those likely to appreciate in value over a near- to medium-term horizon. This strategic approach replaces speculative investment with data-driven decision-making.
J. Garrett Stevens, the CEO of Exchange Traded Concepts, shared his excitement regarding the launch, emphasizing the significance of this partnership with CORE16 to enhance their market presence in the U.S. “We are committed to helping innovative investment strategies reach new investors, and we're proud to support the introduction of BOBP,” Stevens stated.
The CEO of CORE16, David Cho, elaborated on the initiative, highlighting the ETF's rules-based approach which adapts its stock selection based on real market indicators. “With this ETF, we are eager to offer U.S. investors a systematic route to investing backed by data analytics,” he remarked, expressing gratitude toward ETC for facilitating this listing.
About Exchange Traded Concepts
Exchange Traded Concepts, LLC, is an SEC-registered independent investment adviser focused on white-label ETF products. With a broad spectrum of services that encompass ETF management, marketing, and consulting, ETC is committed to providing asset managers an efficient and cost-effective way to access the ETF marketplace. To learn more about their offerings, visit
exchangetradedconcepts.com.
About CORE16, Inc.
Based in Seoul, CORE16, Inc. specializes in quantitative investment strategies that leverage artificial intelligence to pinpoint the most beneficial stocks. By analyzing historical data and market trends, their proprietary algorithms enable timely (and strategic) entry and exit from investments. The firm aims to revolutionize conventional investment methods with algorithm-driven choices for enhanced returns. More details can be found at
core16etf.com.
Conclusion
The BOBP ETF is now actively traded on the NYSE Arca, making it an attractive option for investors seeking exposure to large-cap equities with a systematic analysis approach. However, potential investors are reminded to consider various factors such as investment objectives, risks, and charges before investing. Effective asset allocation strategies do not always guarantee profits, nor do they protect against losses in declining markets. As with all investments, shares will fluctuate and could be worth more or less than the initial amount invested, depending on market conditions.
Investors can reach out to learn more about this ETF's offerings and get a prospectus for comprehensive details. Remember, investments involve risks, so consult with financial advisors as necessary.