MBCC vs. IXP ETF Comparison

Comparison of Monarch Blue Chips Core ETF (MBCC) to iShares Global Telecom ETF (IXP)

MBCC

Monarch Blue Chips Core ETF

MBCC Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index. The fund generally invests at least 80% of its total assets in the component securities of the index. The index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth.

Grade (RS Rating)

Last Trade

$35.52

Average Daily Volume

17,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.40

Average Daily Volume

13,302

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MBCC	IXP
30 Days	1.49%	1.71%
60 Days	2.28%	3.72%
90 Days	5.15%	6.07%
12 Months	26.37%	30.85%

3 Overlapping Holdings

Symbol	Grade	Weight in MBCC	Weight in IXP	Overlap
DIS	B	5.14%	4.88%	4.88%
META	D	4.29%	22.4%	4.29%
NFLX	A	4.74%	5.0%	4.74%

MBCC Overweight 21 Positions Relative to IXP

Symbol	Grade	Weight
ORCL	A	5.25%
CRM	B	5.19%
BKNG	A	5.14%
NVDA	B	4.8%
AMZN	C	4.58%
V	A	4.52%
MA	B	4.35%
COST	A	4.1%
GE	D	4.09%
MCD	D	4.09%
MSFT	D	4.01%
BRK.A	B	3.99%
TXN	C	3.79%
NKE	F	3.71%
ADBE	C	3.54%
AMT	C	3.54%
DHR	F	3.45%
AMGN	F	3.43%
TMO	F	3.37%
MRK	D	3.28%
LLY	F	3.13%

MBCC Underweight 21 Positions Relative to IXP

Symbol	Grade	Weight
GOOGL	C	-12.94%
GOOG	C	-10.69%
VZ	C	-3.94%
CMCSA	B	-3.88%
T	A	-3.8%
TMUS	B	-2.7%
EA	A	-0.91%
CHTR	C	-0.88%
TTWO	A	-0.68%
BIDU	F	-0.56%
WBD	B	-0.48%
LYV	A	-0.47%
OMC	C	-0.44%
CHT	C	-0.34%
NWSA	A	-0.25%
IPG	D	-0.24%
FOXA	A	-0.24%
MTCH	D	-0.19%
PARA	C	-0.15%
FOX	A	-0.13%
NWS	A	-0.08%