MDPL

Monarch Dividend Plus Index ETF

$25.67
+0.00%
Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The Monarch Dividend Plus Index ETF seeks to track the performance of the Monarch Dividend Plus Index, which is designed to provide exposure to high-dividend-yielding U.S. equities.

Overview

ETF tracking Monarch Dividend Plus Index ETF

Category Value
Issuer Other
Inception Date 2024-03-07
Market Cap $52.6M
Average Volume N/A
Dividend Yield 1.11%
52-Week Range $23.54 - $27.62
VWAP $25.72

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Monarch Dividend Plus Index ETF seeks to track the performance of the Monarch Dividend Plus Index, which is designed to provide exposure to high-dividend-yielding U.S. equities.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are selected and weighted based on their dividend yield, dividend growth, and other fundamental factors. The goal is to provide investors with a diversified exposure to companies that have the potential to generate consistent dividend income.

✨ Key Features

  • Focuses on high-dividend-yielding U.S. stocks
  • Utilizes a rules-based index methodology to select and weight holdings
  • Aims to provide a steady stream of dividend income
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may fluctuate due to changes in the overall stock market
  • Dividend risk: Companies may reduce or eliminate their dividends, which could negatively impact the ETF's performance
  • Concentration risk: The ETF may have a significant exposure to a particular sector or industry, which could increase its volatility
  • Liquidity risk: The ETF may have difficulty buying or selling certain holdings, especially in times of market stress

👤 Best For

This ETF may be suitable for investors seeking a diversified exposure to high-dividend-yielding U.S. equities as part of a balanced portfolio. It may be particularly appealing to those looking to generate a steady stream of dividend income, although investors should be aware of the associated risks.