MAMB vs. HIPS ETF Comparison
Comparison of Monarch Ambassador Income ETF (MAMB) to Master Income ETF (HIPS)
MAMB
Monarch Ambassador Income ETF
MAMB Description
The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.
Grade (RS Rating)
Last Trade
$22.55
Average Daily Volume
21,885
5
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$12.99
Average Daily Volume
35,183
37
Performance
| Period | MAMB | HIPS |
|---|---|---|
| 30 Days | -2.26% | 0.69% |
| 60 Days | -4.14% | 0.97% |
| 90 Days | -2.85% | 4.45% |
| 12 Months | 5.72% | 19.29% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MAMB | Weight in HIPS | Overlap |
|---|
MAMB Underweight 37 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| BGX | A | -2.79% | |
| LTC | B | -2.79% | |
| JQC | A | -2.78% | |
| JFR | A | -2.75% | |
| ARCC | A | -2.72% | |
| ET | A | -2.68% | |
| SLRC | A | -2.66% | |
| FSK | A | -2.65% | |
| EFT | A | -2.64% | |
| EPD | A | -2.64% | |
| FCT | A | -2.63% | |
| FDUS | A | -2.62% | |
| BXSL | A | -2.62% | |
| BLW | C | -2.6% | |
| MPLX | A | -2.6% | |
| DMLP | A | -2.6% | |
| GTY | A | -2.59% | |
| CQP | B | -2.56% | |
| GBDC | A | -2.55% | |
| NBB | D | -2.54% | |
| KRP | C | -2.53% | |
| DSU | C | -2.52% | |
| ALX | D | -2.49% | |
| PAA | A | -2.48% | |
| SBRA | C | -2.48% | |
| WES | C | -2.48% | |
| GLPI | C | -2.48% | |
| OHI | C | -2.46% | |
| USAC | B | -2.44% | |
| BSM | A | -2.44% | |
| PK | D | -2.41% | |
| EPR | D | -2.28% | |
| NMFC | D | -2.26% | |
| GSBD | F | -2.2% | |
| NNN | C | -2.18% | |
| NHS | D | -2.02% | |
| GNL | D | -1.83% |
MAMB: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
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