UFO vs. MVFD ETF Comparison
Comparison of Procure Space ETF (UFO) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)
UFO
Procure Space ETF
UFO Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index". The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$22.33
Average Daily Volume
20,396
22
MVFD
Monarch Volume Factor Dividend Tree Index ETF
MVFD Description
MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.Grade (RS Rating)
Last Trade
$27.56
Average Daily Volume
5,890
39
Performance
| Period | UFO | MVFD |
|---|---|---|
| 30 Days | 11.07% | 2.33% |
| 60 Days | 14.01% | 4.31% |
| 90 Days | 13.47% | 7.03% |
| 12 Months | 36.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in UFO | Weight in MVFD | Overlap |
|---|
UFO Overweight 22 Positions Relative to MVFD
UFO Underweight 39 Positions Relative to MVFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| MO | A | -3.74% | |
| FOX | A | -3.57% | |
| TGNA | B | -3.47% | |
| FOXA | B | -3.36% | |
| HLNE | B | -3.3% | |
| BKH | A | -3.08% | |
| VOYA | B | -3.0% | |
| JHG | B | -2.92% | |
| MATX | B | -2.88% | |
| ADTN | B | -2.85% | |
| ABM | B | -2.85% | |
| QCOM | F | -2.71% | |
| MLI | B | -2.7% | |
| NYT | D | -2.62% | |
| SR | A | -2.59% | |
| EXPD | D | -2.47% | |
| PM | A | -2.36% | |
| LPX | B | -2.35% | |
| RHI | C | -2.35% | |
| WKC | C | -2.35% | |
| MEI | F | -2.33% | |
| SEM | B | -2.31% | |
| AFL | C | -2.27% | |
| CCK | D | -2.23% | |
| GILD | B | -2.18% | |
| CHRD | F | -2.17% | |
| NTAP | C | -2.14% | |
| CL | D | -2.13% | |
| SSNC | C | -2.12% | |
| AMKR | F | -2.08% | |
| CME | A | -2.07% | |
| WD | D | -2.05% | |
| NRG | B | -2.04% | |
| ALLY | C | -2.04% | |
| TTC | F | -1.93% | |
| EXPI | C | -1.9% | |
| KBH | D | -1.87% | |
| ADM | D | -1.86% | |
| BCO | F | -1.7% |
UFO: Top Represented Industries & Keywords
MVFD: Top Represented Industries & Keywords
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