Correlation
The correlation between MBCC and NOBL is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
MBCC vs. NOBL
Compare and contrast key facts about Monarch Blue Chips Core ETF (MBCC) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
MBCC and NOBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MBCC is a passively managed fund by Kingsview Partners LLC that tracks the performance of the Kingsview Blue Chips Core Index. It was launched on Mar 23, 2021. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013. Both MBCC and NOBL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MBCC or NOBL.
Performance
MBCC vs. NOBL - Performance Comparison
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Key characteristics
MBCC:
0.61
NOBL:
0.43
MBCC:
0.81
NOBL:
0.65
MBCC:
1.12
NOBL:
1.08
MBCC:
0.51
NOBL:
0.38
MBCC:
1.91
NOBL:
1.18
MBCC:
4.92%
NOBL:
4.97%
MBCC:
18.90%
NOBL:
15.31%
MBCC:
-30.62%
NOBL:
-35.44%
MBCC:
-3.70%
NOBL:
-6.50%
Returns By Period
In the year-to-date period, MBCC achieves a 1.94% return, which is significantly higher than NOBL's 1.29% return.
MBCC
1.94%
5.40%
-2.28%
11.41%
13.84%
N/A
N/A
NOBL
1.29%
2.21%
-6.50%
6.51%
5.13%
10.75%
9.40%
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MBCC vs. NOBL - Expense Ratio Comparison
MBCC has a 1.25% expense ratio, which is higher than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
MBCC vs. NOBL — Risk-Adjusted Performance Rank
MBCC
NOBL
MBCC vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Core ETF (MBCC) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
MBCC vs. NOBL - Dividend Comparison
MBCC's dividend yield for the trailing twelve months is around 0.03%, less than NOBL's 2.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBCC Monarch Blue Chips Core ETF | 0.03% | 0.00% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.12% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% |
Drawdowns
MBCC vs. NOBL - Drawdown Comparison
The maximum MBCC drawdown since its inception was -30.62%, smaller than the maximum NOBL drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for MBCC and NOBL.
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Volatility
MBCC vs. NOBL - Volatility Comparison
Monarch Blue Chips Core ETF (MBCC) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) have volatilities of 5.10% and 4.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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