MSSS vs. PTEC ETF Comparison
Comparison of Monarch Select Subsector Index ETF (MSSS) to Global X PropTech ETF (PTEC)
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
$29.26
Average Daily Volume
7,494
5
PTEC
Global X PropTech ETF
PTEC Description
The fund invests at least 80% of its net assets, plus borrowings for investments purposes (if any), in the securities of the Global X PropTech Index, which may include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is owned and was developed by Global X Management Company LLC, an affiliate of the fund and the fund's investment adviser. The fund is non-diversified.Grade (RS Rating)
Last Trade
$35.76
Average Daily Volume
83
17
Performance
Period | MSSS | PTEC |
---|---|---|
30 Days | 2.47% | 8.52% |
60 Days | 1.04% | 8.10% |
90 Days | 4.15% | 12.77% |
12 Months | 35.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in MSSS | Weight in PTEC | Overlap |
---|
MSSS: Top Represented Industries & Keywords
PTEC: Top Represented Industries & Keywords