MBCC
Monarch Blue Chips Core ETF
MBCC tracks an equal-weighted index of companies selected from the S&P 500 Index that are perceived to be fundamentally sound.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
106.4 M
ASSETS UNDER MGMT
125 bp
EXPENSES
Fund Basics
Fund sponsor | Kingsview Partners LLC |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Mar 23, 2021 |
Assets (mns) | $106 |
Expense ratio | 125 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Fundamental |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
ADOBE SYSTEMS INC | 5.0 % |
ORACLE CORP | 4.8 % |
SALESFORCE.COM INC | 4.6 % |
AMERICAN TOWER CORP-CL A | 4.4 % |
PFIZER INC | 4.4 % |
THERMO FISHER SCIENTIFIC INC | 4.3 % |
DANAHER CORP | 4.3 % |
WAL-MART STORES INC | 4.3 % |
EMERSON ELECTRIC CO | 4.2 % |
AMAZON.COM INC | 4.2 % |
Constituent Breakdown
Number of holdings | 25 |
Herfindahl-Hirschman Index | 417 |
Wgt avg mkt cap (mns) | $528,892 |
Large cap (>$10bn) | 100.0% |
Mid cap ($2-10bn) | 0.0% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 99.7 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 17.8% | 32.7% | 26.8% | -- | -- | -- | 11.7% | Volatility | 11.3% | 11.8% | 16.7% | 18.0% | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.02 | 94% |
MSCI EAFE | 0.89 | 71% |
MSCI Emg Mkts | 0.62 | 35% |
Liquidity Measures
Avg. volume (000) | 9 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.11% |
ADV of underlying (mns) | $71,057 |
Technical Indicators
Recent close | $34.63 |
30d moving avg. | $34.10 |
Annualized volatility | 19.2% |
Relative strength (RSI) | 58 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. MBCC |
Expenses vs. MBCC |
ALTAR Score™ vs. MBCC |
---|---|---|---|---|
PWB | Invesco Large Cap Growth ETF | 42.4% | -69 bp | -0.1% |
TECB | iShares U.S. Tech Breakthrough Multisector ETF | 40.0% | -85 bp | +0.6% |
TMFE | Motley Fool Capital Efficiency 100 Index ETF | 39.6% | -75 bp | +0.9% |
BBLU | EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF | 38.9% | -110 bp | +2.3% |
USMC | Principal U.S. Mega-Cap ETF | 38.7% | -113 bp | +1.1% |
OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 35.4% | -96 bp | +0.9% |
XLG | Invesco S&P 500 Top 50 ETF | 34.1% | -105 bp | +1.1% |
XPND | First Trust Expanded Technology ETF | 33.6% | -60 bp | +0.6% |
MGK | Vanguard Mega Cap Growth ETF | 33.2% | -118 bp | +1.0% |
CACG | ClearBridge All Cap Growth ESG ETF | 33.0% | -71 bp | +0.3% |
Risk and Returns: MBCC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 10/4/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
MBCC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
MBCC
3.4%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 936 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. MBCC's ALTAR Score™ is approximately
0.9 standard deviations
below
the category average. This places MBCC in the 19th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
MBCCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
MBCC (125 bp) Percentile rank | 99 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
MBCC | 125.0 | 11.2 | 136.2 |
Peer Avg. | 47.1 | 17.5 | 64.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .