ETF overview
MPRO is a fund-of-funds that invests in various asset classes with global exposure. The index includes equity, fixed income ETFs (90%) and alternatives (10%) through commodity and currency ETFs. Asset allocation is determined by the current phase of the economic cycle and its relative strength. Based on the determined allocation, the Adviser selects 6-9 ETFs for the fund portfolio. The equity ETFs are usually spread equally between five GICS sectors that have performed well previously during the given market cycle. While fixed income ETFs may have varying credit qualities and maturities. The allocation to either equities or fixed income will be no less 15% and no more than 75% of the portfolio. The Adviser also considers IPOs, M&As, bankruptcies, suspensions, de-listing, tender offers, and spin-offs in its fundamental and quant analysis. The index undergoes a monthly rebalance. Prior to March 4, 2024, the fund traded under the name Monarch ProCap ETF.
Fund facts
- Expense ratio
- 1.03%
- Fund assets
- 254.41M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 23, 2021
- Number of holdings
- 6
Breakdown
Holdings (6)
| Name | Ticker | Weight |
|---|---|---|
| iShares Core U.S. Aggregate Bond ETF | AGG | 38.92% |
| State Street Consumer Staples Select Sector SPDR ETF | XLP | 12.47% |
| State Street Health Care Select Sector SPDR ETF USD Class | XLV | 12.32% |
| State Street Utilities Select Sector SPDR ETF USD Class | XLU | 12.13% |
| State Street Materials Select Sector SPDR ETF USD Class | XLB | 12.04% |
| State Street Real Estate Select Sector SPDR ETF USD Class | XLRE | 11.93% |
Similar ETFs
- Horizon Core Bond ETFBNDY · Overlap 39% · Expense ratio 0.65%
- F/m Compoundr U.S. Aggregate Bond ETFCPAG · Overlap 39% · Expense ratio 0.31%
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
- 1.03%
- Fund assets
- 254.41M USD (all share classes)
- Issuer
- Monarch
- Inception date
- Mar 23, 2021
- Number of holdings
- 6
| Name | Ticker | Weight |
|---|---|---|
| iShares Core U.S. Aggregate Bond ETF | AGG | 38.92% |
| State Street Consumer Staples Select Sector SPDR ETF | XLP | 12.47% |
| State Street Health Care Select Sector SPDR ETF USD Class | XLV | 12.32% |
| State Street Utilities Select Sector SPDR ETF USD Class | XLU | 12.13% |
| State Street Materials Select Sector SPDR ETF USD Class | XLB | 12.04% |
| State Street Real Estate Select Sector SPDR ETF USD Class | XLRE | 11.93% |
MPRO is a fund-of-funds that invests in various asset classes with global exposure. The index includes equity, fixed income ETFs (90%) and alternatives (10%) through commodity and currency ETFs. Asset allocation is determined by the current phase of the economic cycle and its relative strength. Based on the determined allocation, the Adviser selects 6-9 ETFs for the fund portfolio. The equity ETFs are usually spread equally between five GICS sectors that have performed well previously during the given market cycle. While fixed income ETFs may have varying credit qualities and maturities. The allocation to either equities or fixed income will be no less 15% and no more than 75% of the portfolio. The Adviser also considers IPOs, M&As, bankruptcies, suspensions, de-listing, tender offers, and spin-offs in its fundamental and quant analysis. The index undergoes a monthly rebalance. Prior to March 4, 2024, the fund traded under the name Monarch ProCap ETF.
- Horizon Core Bond ETFBNDY · Overlap 39% · Expense ratio 0.65%
- F/m Compoundr U.S. Aggregate Bond ETFCPAG · Overlap 39% · Expense ratio 0.31%
Overlap is the share of assets the two funds hold in common.
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