ETF overview
MDPL tracks an index of 30 US dividend-paying value stocks that are expected to provide dividend income and capital appreciation. The fund follows a proprietary rules-based methodology that considers companies listed on the Russell 1000. It then screens stocks using absolute and relative dividend growth and free cash flow generation metrics. The methodology assigns a composite score for each company based on positive cash flow potential, debt-to-equity and payout ratio, dividend growth, and earnings stability. Finally, the fund selects 30 of the highest-scoring companies. The fund sells stocks that exceeds 90% of its interval price-to-equity ratio over five years. New stocks are added based on the rank order during the selection process. The index is reconstituted weekly, with each stock weighted equally.
Fund facts
- Expense ratio
- 1.19%
- Fund assets
- 65.09M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 6, 2024
- Number of holdings
- 30
Breakdown
Holdings (30)
| Name | Ticker | Weight |
|---|---|---|
| Marathon Petroleum Corporation | MPC | 5.23% |
| Accenture plc | ACN | 4.78% |
| Cognizant Technology Solutions Corporation | CTSH | 4.57% |
| Genpact Ltd. | G | 3.77% |
| SS&C Technologies Holdings, Inc. | SSNC | 3.75% |
| Becton Dickinson & Company | BDX | 3.58% |
| FactSet Research Systems, Inc. | FDS | 3.52% |
| H&R Block, Inc. | HRB | 3.52% |
| Intuit, Inc. | INTU | 3.50% |
| Booz Allen Hamilton Holding Corporation | BAH | 3.48% |
| and 17 more | ||
Similar ETFs
- AGF U.S. Market Neutral Anti-Beta FundBTAL · Overlap 35% · Expense ratio 1.65%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 1.19%
- Fund assets
- 65.09M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 6, 2024
- Number of holdings
- 30
| Name | Ticker | Weight |
|---|---|---|
| Marathon Petroleum Corporation | MPC | 5.23% |
| Accenture plc | ACN | 4.78% |
| Cognizant Technology Solutions Corporation | CTSH | 4.57% |
| Genpact Ltd. | G | 3.77% |
| SS&C Technologies Holdings, Inc. | SSNC | 3.75% |
| Becton Dickinson & Company | BDX | 3.58% |
| FactSet Research Systems, Inc. | FDS | 3.52% |
| H&R Block, Inc. | HRB | 3.52% |
| Intuit, Inc. | INTU | 3.50% |
| Booz Allen Hamilton Holding Corporation | BAH | 3.48% |
| and 17 more | ||
MDPL tracks an index of 30 US dividend-paying value stocks that are expected to provide dividend income and capital appreciation. The fund follows a proprietary rules-based methodology that considers companies listed on the Russell 1000. It then screens stocks using absolute and relative dividend growth and free cash flow generation metrics. The methodology assigns a composite score for each company based on positive cash flow potential, debt-to-equity and payout ratio, dividend growth, and earnings stability. Finally, the fund selects 30 of the highest-scoring companies. The fund sells stocks that exceeds 90% of its interval price-to-equity ratio over five years. New stocks are added based on the rank order during the selection process. The index is reconstituted weekly, with each stock weighted equally.
- AGF U.S. Market Neutral Anti-Beta FundBTAL · Overlap 35% · Expense ratio 1.65%
Overlap is the share of assets the two funds hold in common.
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