Skip to content
etf.net

Launched

Monarch Blue Chips Elite Index ETF

MBCECboeMonarchF

$35.44−0.45 (−1.25%)

As of Nov 2, 2026, 3:59 PM ET

F18/ 100

Rank 99 of 99 in US Multifactor

F18/100Rank 99 of 99inUS Multifactor
Intraday session: down, 79 prints from 35.89 to 35.44. Range 35.44 to 36.63. Use the arrow keys to read each point.35.7536.2536.5010 AM12 PM2 PM4 PM
Expense ratio
1.01%
Fund size
$199M
1Y total return
−2.4%
Yield · Last 12 months
0.30%
Holdings
14
Avg volume · 30D
19.9K sh
52W range
low $33.38high $41.84
Launched

The ETF.net MBCE Grade

Based on 5 of 6 pillars

F

Score 18 out of 100

Category
US Multifactor⁠
Rank
99 of 99
Six-pillar profile for MBCE. Scores out of 100: Cost 0, Risk 17, Mission 33, Tradability 28, Holdings not scored, Durability 36. Strongest: Durability (36). Weakest: Cost (0). Based on 5 of 6 pillars.

Score 18 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F0 out of 100
    Rank 99 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D33 out of 100
    Rank 84 of 87

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F17 out of 100
    Rank 94 of 99

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 84 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D36 out of 100
    Rank 77 of 99

Our read on MBCE

ETF.net Research

In short

FMonarch screens the S&P 500 down to the blue chips its own in-house index rates highest on growth and profitability. A focused, rules-based cut of large-cap America, priced at 1.01% a year with no fee waiver, above the category median.

Stated mandate

The Fund seeks to track, before fees and expenses, the performance of the Monarch Blue Chips Elite Index.

Why people hold it

  • Rules first: the index starts from established S&P 500 names and keeps the ones showing growth and profitability strength, so a published screen sets the portfolio, not a manager's mood.monarchfunds.com
  • One house, one playbook. Kingsview, the fund's adviser, is also the index provider, so the methodology is built in-house rather than licensed from an outside shop.monarchfunds.com
  • Plain-vanilla plumbing: a 1940 Act US stock fund trading since 2021, paying shareholders quarterly. No leverage, no options overlay, no offshore wrapper.

Worth knowing

  • Cost is the big trade-off: 1.01% a year, no waiver, above the category median. Multifactor peers VYM and ILCV charge 0.04%, LRGF 0.08%, all unwaived.
  • Thinly traded and small next to the giants of its group, so spreads and premiums to NAV can matter more at the moment you trade.
  • Effective June 3, 2026, the benchmark moved from the Monarch Blue Chips Core Index to the Blue Chips Elite Index, so earlier history reflects a different index.monarchfunds.com

MBCE Performance

Launched Mar 23, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
MBCE$9,757
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. MBCE $9,757. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MBCE. Periods over one year show the average yearly return.
PeriodMBCE
Year to date−2.6%
1 month−8.2%
3 months−0.7%
1 year−2.4%
3 yearsper year+12.0%
5 yearsper year+4.1%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MBCE
YearReturn barMBCE
2026 YTD−2.6%
2025+7.4%
2024+18.9%
2023+22.3%
2022−20.3%
2021+18.7%

History from Mar 29, 2021

MBCE in the news

MBCE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.30%Last 12 months
Payout per share
$0.11Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2023–2026

One bar per payment. 9 payments from 2023 to 2026 YTD. Mar 24, 2023 $0.03; Dec 20, 2023 $0.006; Dec 19, 2024 $0.001; Mar 27, 2025 $0.009; Jun 27, 2025 $0.04; Sep 26, 2025 $0.02; Dec 18, 2025 $0.03; Mar 26, 2026 $0.04; Sep 24, 2026 $0.04. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 29, 2026$0.04
Mar 26, 2026Mar 31, 2026$0.04
Dec 18, 2025Dec 23, 2025$0.03
Sep 26, 2025Oct 1, 2025$0.02
Jun 27, 2025Jul 2, 2025$0.04
Mar 27, 2025Apr 1, 2025$0.009
Dec 19, 2024Dec 24, 2024$0.001
Dec 20, 2023Dec 27, 2023$0.006
Mar 24, 2023Apr 3, 2023$0.03

$10,000 in MBCE 5 years ago paid $69.51 in dividends.

MBCE Risk

Risk pillarF17 out of 100Rank 94 of 99 in US Multifactor
How much the fund’s monthly returns vary, scaled to a year.
16.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.50
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.6%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

MBCE Cost

Compare MBCE and VYM

Overpaying vs VYM, tied cheapest in US Multifactor

$18,001

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MBCE 1.01%

    $18,850

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • MBCE 1.01%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MBCE $18,850VYM $849

Year by year

YearMBCEVYMOverpaying
10$1,780$73$1,707
20$6,686$288$6,398
30$18,850$849$18,001

Other funds in US Multifactor

See others