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IMCV vs MBCE

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

Monarch Blue Chips Elite Index ETF

MBCEFCboe

Overlap

Expense ratio

IMCV −0.95pt a year

IMCV0.06%MBCE1.01%

Avg volume · 30D

IMCV 2.0×the volume

IMCV38.9KMBCE19.9K

5Y return · a year

IMCV +6.9pt

IMCV+11.0%MBCE+4.1%

IMCV vs MBCE Performance

Oct 29, 2021 – Oct 30, 2026

+68.3%IMCV+22.0%MBCE

Oct 29, 2021 to Oct 30, 2026. IMCV +68.3%. MBCE +22.0%. Use the arrow keys to read each point.−20%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
IMCV 0.06%, better
MBCE 1.01%
Fund size
IMCV $1.27B
MBCE $199M
1Y total return
IMCV +27.0%, better
MBCE −2.4%
Yield (12M)
IMCV 1.84%, better
MBCE 0.30%
Holdings
IMCV 271
MBCE 14
Avg volume (30D)
IMCV 38.9K sh, better
MBCE 19.9K sh
NAV per share
IMCV $99.16
MBCE $36.49
52W range

ETF.net Grade

IMCV: Cost 96, Risk 77, Mission 76, Tradability 69, Holdings 69, Durability 77. MBCE: Cost 0, Risk 17, Mission 33, Tradability 28, Holdings not scored, Durability 36.
Pillar letters and Scores for IMCV, MBCE, with each pillar’s weight
PillarIMCVMBCE
Cost30% weightA96HigherF0
Mission25% weightA76HigherD33
Risk15% weightA77HigherF17
Tradability15% weightB69HigherD28
Holdings10% weightB69Not scored
Durability5% weightA77HigherD36

Rank among US Multifactor funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IMCV and MBCE are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

IMCV ranks 4th and MBCE 99th of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AILCViShares Morningstar Value ETFScore 81
  3. Rank 2AVYMVanguard High Dividend Yield ETFScore 81
  4. Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
  5. Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
  6. Rank 98FFCTRFirst Trust Lunt U.S. Factor Rotation ETFScore 19
  7. Rank 99FMBCEMonarch Blue Chips Elite Index ETFScore 18

Our read on each fund

ETF.net Research

IMCVAiShares Morningstar Mid-Cap Value ETF

MBCEFMonarch Blue Chips Elite Index ETF

In short

IMCV No data

MBCE Monarch 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

IMCV No data

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

Why people hold it

IMCV No data

  • MBCE 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

IMCV No data

  • MBCE 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

Full IMCV profile⁠

Full MBCE profile⁠

IMCV vs MBCE Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCV vs MBCE Cost

Overpaying MBCE vs IMCV

$17,580

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

  • IMCV 0.06%

    $1,270

  • MBCE 1.01%

    $18,850

$10,000
30 years

Cost over time

  • IMCV 0.06%
  • MBCE 1.01%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MBCE $18,850IMCV $1,270

Year by year

YearIMCVMBCEOverpaying
10$110$1,780$1,670
20$432$6,686$6,254
30$1,270$18,850$17,580

Expense ratio

  • 0.06%IMCV, cheaper
  • 1.01%MBCE
  • Middle half of US Multifactor funds
  • Median 0.29%

IMCV 4th cheapest of 99 funds

MBCE 99th cheapest of 99 funds

IMCV vs MBCE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IMCV 1.84%, better
MBCE 0.30%
Payout (12M)
IMCV $1.83
MBCE $0.11
Last payment
IMCV $0.52
MBCE $0.04
Ex-dividend
IMCV Sep 15, 2026
MBCE Sep 24, 2026
Paid on
IMCV Sep 18, 2026
MBCE Sep 29, 2026
Frequency
IMCV Quarterly
MBCE Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

IMCVQuarterly · 39 paymentsAll IMCV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.22; Jun 27, 2017 $0.24; Sep 26, 2017 $0.26; Dec 19, 2017 $0.27; Mar 22, 2018 $0.27; Jun 26, 2018 $0.27; Sep 26, 2018 $0.31; Dec 17, 2018 $0.35; Mar 20, 2019 $0.30; Jun 17, 2019 $0.33; Sep 24, 2019 $0.34; Dec 16, 2019 $0.41; Mar 25, 2020 $0.49; Jun 15, 2020 $0.27; Sep 23, 2020 $0.33; Dec 14, 2020 $0.27; Mar 25, 2021 $0.31; Jun 10, 2021 $0.24; Sep 24, 2021 $0.36; Dec 13, 2021 $0.36; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.42; Dec 13, 2022 $0.44; Mar 23, 2023 $0.37; Jun 7, 2023 $0.28; Sep 26, 2023 $0.44; Dec 20, 2023 $0.47; Mar 21, 2024 $0.33; Jun 11, 2024 $0.37; Sep 25, 2024 $0.55; Dec 17, 2024 $0.52; Mar 18, 2025 $0.44; Jun 16, 2025 $0.44; Sep 16, 2025 $0.42; Dec 16, 2025 $0.54; Mar 17, 2026 $0.35; Jun 15, 2026 $0.42; Sep 15, 2026 $0.52. Use the arrow keys to read each point.$0$0.502017202020232026YTD
MBCETwice a year · 9 paymentsAll MBCE payments⁠
One bar per payment. 9 payments from 2017 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.$0$0.502017202020232026YTD

IMCV vs MBCE Risk

Fall from peak · 5 years

  • IMCV
  • MBCE
Oct 29, 2021 to Oct 30, 2026. Worst fall: MBCE −30.6% · Oct 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
IMCV 13.6%, betterMBCE 16.7%
Return per unit of riskSharpe ratio, 3 years
IMCV 1.22, betterMBCE 0.50
Worst fallMax drawdown, 5 years
IMCV −19.9%, betterMBCE −30.6%
Market sensitivityBeta, 5 years
IMCV 0.88MBCE 1.01

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