MSSS vs. MVFG ETF Comparison

Comparison of Monarch Select Subsector Index ETF (MSSS) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

MSSS

Monarch Select Subsector Index ETF

MSSS Description

MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.

Grade (RS Rating)

Last Trade

$28.47

Average Daily Volume

7,494

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

MVFG

Monarch Volume Factor Global Unconstrained Index ETF

MVFG Description

MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.

Grade (RS Rating)

Last Trade

$27.14

Average Daily Volume

6,260

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MSSS	MVFG
30 Days	-2.31%	-2.01%
60 Days	-0.75%	-0.37%
90 Days	4.57%	1.32%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in MSSS	Weight in MVFG	Overlap
	XLRE	C	9.71%	4.46%	4.46%

MSSS Overweight 4 Positions Relative to MVFG

	Symbol	Grade	Weight
	XAR	B	10.28%
	KBWP	A	10.07%
	PBJ	C	10.05%
	KIE	A	10.04%

MSSS Underweight 9 Positions Relative to MVFG

	Symbol	Grade	Weight
	XSMO	B	-4.88%
	IWP	B	-4.51%
	SPHD	A	-4.39%
	CIBR	B	-4.28%
	ESGV	B	-4.21%
	SCHH	C	-4.16%
	GUNR	D	-3.88%
	ASHR	C	-3.63%
	KWEB	C	-3.59%

MSSS: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Index Fund Invesco Powershares S&P Top 100 Loan Index Aerospace Agricultural Products Beverage Beverage Products Casualty Insurance Defense Industry Insurance Industry Inter 10 Index Kbw Kbw Bank Total Return Index Real Estate Investment Trust Real Estate Management Real Estate Sector S&P International Dividend Opportunities Index (Total Return)

MVFG: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Index Fund Real Estate Investment Trust Csi Invesco Powershares Midcap Csi 300 Index Cybersecurity Dividend Dividend Yield Dow Jones Industrial Average Index Exchange Traded Funds Fundamentally Based Indexes Internet Index Invesco Investment Management Investment Trust Msci Kld 400 Social Index