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ETFs

Monarch ProCap ETF

MPRO
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 23, 2021
Expense Ratio
1.17%
Type
Global Diversified
Fund Owner
Monarch Funds
Volume (1m avg. daily)
$483,582
AUM
$77,931,000
Associated Index
Kingsview ProCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
50.47%
XLV
SSgA Active Trust - Health Care Select Sector SPDR
10.04%
XLC
SSgA Active Trust - Communication Services Select Sector SPDR Fund
9.96%
XLF
SSgA Active Trust - Financial Select Sector SPDR
5.03%
XLP
SSgA Active Trust - Consumer Staples Select Sector SPDR
4.95%
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
4.84%
XLI
SSgA Active Trust - Industrial Select Sector SPDR
4.83%
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
4.81%
XLRE
SSgA Active Trust - Real Estate Select Sector SPDR Fund (The)
4.8%
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US DOLLARS
0.26%
Invest with MPRO
Trade MPRO Options

What is MPRO?

The Monarch ProCap ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview ProCap Index (the Index ). The Kingsview ProCap Index consists of fixed income and equity allocations that provide broad exposure to the U.S. and global bond markets and to the S&P Global Industry Classification Standard ( GICS ) sectors. The fixed income and equity allocations in the index vary dynamically, but in aggregate represent at least 90% of the Index. The Index may have up to 10% exposure to alternatives including currencies and commodities.

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MPRO
Performance Measures**

for the time period Mar 24, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 1.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.9%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -14.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 9.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.68

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.43

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMPRO

ETFs correlated to MPRO include XAUG, NTSX, AOM

MPRO
Northern Lights Fund Trust IV - Monarch ProCap ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
OUSA
OSI ETF Trust - ALPS O'Shares U.S. Quality Dividend ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
NFRA
FlexShares Trust - FlexShares STOXX Global Broad Infrastructure Index Fund
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF

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

MPRO is a Global Diversified ETF. The Monarch ProCap ETF (the Fund ) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview ProCap Index (the Index ). The Kingsview ProCap Index consists of fixed income and equity allocations that provide broad exposure to the U.S. and global bond markets and to the S&P Global Industry Classification Standard ( GICS ) sectors. The fixed income and equity allocations in the index vary dynamically, but in aggregate represent at least 90% of the Index. The Index may have up to 10% exposure to alternatives including currencies and commodities.

MPRO tracks the Kingsview ProCap Index.

No, MPRO 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, MPRO 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 MPRO is -0.0221%. This is the percent change in the value of MPRO over the most recent 1-month period. The 3-month return on MPRO is -0.0378%. This is the percent change in the value of MPRO over the most recent 3-month period.

The standard deviation of MPRO for the past year is 0.1131%. 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 MPRO include AOR, DRSK, and HNDL.

ETFs correlated to MPRO include XAUG, NTSX, and AOM.

ETFs that are inversely correlated to MPRO include SPXU, SPXS, and SPDN.

Disclaimers

*

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.