Monarch ProCap Index ETFMonarch ProCap Index ETFMonarch ProCap Index ETF

Monarch ProCap Index ETF

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Key stats


Assets under management (AUM)
‪239.44 M‬USD
Fund flows (1Y)
‪106.58 M‬USD
Dividend yield (indicated)
1.66%
Discount/Premium to NAV
0.03%
Shares outstanding
‪8.20 M‬
Expense ratio
1.14%

About Monarch ProCap Index ETF


Issuer
Kingsview Partners LLC
Brand
Monarch
Inception date
Mar 23, 2021
Structure
Open-Ended Fund
Index tracked
Monarch ProCap Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
MPRO is a fund-of-funds that invests in various asset classes with global exposure. The index includes equity, fixed income ETFs (90%) and alternatives (10%) through commodity and currency ETFs. Asset allocation is determined by the current phase of the economic cycle and its relative strength. Based on the determined allocation, the Adviser selects 6-9 ETFs for the fund portfolio. The equity ETFs are usually spread equally between five GICS sectors that have performed well previously during the given market cycle. While fixed income ETFs may have varying credit qualities and maturities. The allocation to either equities or fixed income will be no less 15% and no more than 75% of the portfolio. The Adviser also considers IPOs, M&As, bankruptcies, suspensions, de-listing, tender offers, and spin-offs in its fundamental and quant analysis. The index undergoes a monthly rebalance. Prior to March 4, 2024, the fund traded under the name Monarch ProCap ETF.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Fundamental
Geography
Global
Weighting scheme
Fundamental
Selection criteria
Fundamental
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.61%
Cash0.39%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to MPRO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MPRO trades at 28.87 USD today, its price has risen 0.21% in the past 24 hours. Track more dynamics on MPRO price chart.
MPRO net asset value is 28.85 today — it's risen 3.22% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MPRO assets under management is ‪239.44 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MPRO price has risen by 3.88% over the last month, and its yearly performance shows a 4.19% increase. See more dynamics on MPRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.22% over the last month, showed a −1.37% decrease in three-month performance and has increased by 5.82% in a year.
MPRO fund flows account for ‪106.58 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MPRO invests in funds. See more details in our Analysis section.
MPRO expense ratio is 1.14%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MPRO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MPRO technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MPRO shows the buy signal. See more of MPRO technicals for a more comprehensive analysis.
Yes, MPRO pays dividends to its holders with the dividend yield of 1.66%.
MPRO trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MPRO shares are issued by Kingsview Partners LLC
MPRO follows the Monarch ProCap Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 23, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.