MBCE vs. FITZ

Last updated Aug 4, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both Large Cap Growth Equities funds. MBCE is passively managed, while FITZ is actively managed. Their 0.65 correlation means they have sometimes moved together and sometimes differently. MBCE charges 1.14%/yr vs 0.75%/yr for FITZ.

Performance

MBCE vs. FITZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Blue Chips Elite Index ETF (MBCE) and Fitz-Gerald Must Have Portfolio ETF (FITZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MBCE

• 1D: 1.09%
• 1M: -6.79%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FITZ

• 1D: 1.02%
• 1M: 0.27%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FITZ Fitz-Gerald Must Have Portfolio ETF	$756.61K	$815.77K	$3.65M
MBCE Monarch Blue Chips Elite Index ETF	$704.30K	$864.91K	$1.01M

MBCE vs. FITZ - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-7.47%
FITZ Fitz-Gerald Must Have Portfolio ETF	-2.47%

Correlation

The correlation between MBCE and FITZ is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.65

Return for Risk

MBCE vs. FITZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

MBCE vs. FITZ - Drawdown Comparison

The maximum MBCE drawdown since its inception was -17.37%, which is greater than FITZ's maximum drawdown of -7.37%. Use the drawdown chart below to compare losses from any high point for MBCE and FITZ.

Drawdown Indicators

	MBCE	FITZ	Difference
Max Drawdown Largest peak-to-trough decline	-17.37%	-7.37%	-10.00%
Current Drawdown Current decline from peak	-12.08%	-3.28%	-8.80%
Average Drawdown Average peak-to-trough decline	-6.11%	-4.01%	-2.10%

Volatility

Volatility by Period

	MBCE	FITZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.62%	14.90%	+26.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.62%	14.90%	+26.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.62%	14.90%	+26.72%

MBCE vs. FITZ - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than FITZ's 0.75% expense ratio.

Dividends

MBCE vs. FITZ - Dividend Comparison

Neither MBCE nor FITZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MBCE and FITZ in my portfolio?

MBCE and FITZ have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MBCE or FITZ?

On fees, FITZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MBCE or FITZ?

FITZ is cheaper with a 0.75% expense ratio, compared with 1.14% for MBCE.

Which ETF pays a higher dividend yield, MBCE or FITZ?

MBCE and FITZ have nearly identical dividend yields, around 0.00%.

What is the main difference between MBCE and FITZ?

They also come from different issuers: Monarch and Nicholas. Their fees differ too: 1.14% for MBCE and 0.75% for FITZ.