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Monarch Blue Chips Core ETF

MBCC
$
Today’s Change
()

Snapshot
*

Inception Date
Mar 23, 2021
Expense Ratio
1.25%
Type
US Equities
Fund Owner
Monarch Funds
Volume (1m avg. daily)
$137,864
AUM
$40,548,000
Associated Index
Kingsview Blue Chips Core Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

NEE
NextEra Energy Inc
4.43%
PEP
PepsiCo Inc
4.37%
DIS
Walt Disney Co (The)
4.35%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
4.34%
LLY
Lilly(Eli) & Co
4.32%
BKNG
Booking Holdings Inc
4.3%
EMR
Emerson Electric Co.
4.29%
GE
General Electric Co.
4.26%
KO
Coca-Cola Co
4.25%
MCD
McDonald`s Corp
4.24%

What is MBCC?

The Monarch Blue Chips Core ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index (the Index ). The Kingsview Blue Chips Core Index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth. The Index follows a proprietary rules-based methodology that scores fundamental company data of the companies listed on the S&P 500 and then equally weights the highest-ranking companies.

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ETFs related toMBCC

ETFs correlated to MBCC include UPRO, VV, SSO

MBCC
Northern Lights Fund Trust IV - Monarch Blue Chips Core ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

MBCC is a US Equities ETF. The Monarch Blue Chips Core ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index (the Index ). The Kingsview Blue Chips Core Index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth. The Index follows a proprietary rules-based methodology that scores fundamental company data of the companies listed on the S&P 500 and then equally weights the highest-ranking companies.

MBCC tracks the Kingsview Blue Chips Core Index.

No, MBCC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MBCC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MBCC is -0.0194%. This is the percent change in the value of MBCC over the most recent 1-month period. The 3-month return on MBCC is -0.0049%. This is the percent change in the value of MBCC over the most recent 3-month period.

The standard deviation of MBCC for the past year is 0.1701%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MBCC include VIG, VYM, and DFAS.

ETFs correlated to MBCC include UPRO, VV, and SSO.

ETFs that are inversely correlated to MBCC include SDS, SPXS, and SPXU.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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