MBCE vs. IUSG

Last updated Jun 6, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and IUSG (iShares Core S&P U.S. Growth ETF) are both Large Cap Growth Equities funds - MBCE tracks the Monarch Blue Chips Elite Index while IUSG tracks the Russell 3000 Growth Index. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. MBCE charges 1.14%/yr vs 0.04%/yr for IUSG.

Performance

MBCE vs. IUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Blue Chips Elite Index ETF (MBCE) and iShares Core S&P U.S. Growth ETF (IUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MBCE

• 1D: -5.51%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSG

• 1D: -3.72%
• 1M: 0.19%
• YTD: 9.76%
• 6M: 8.82%
• 1Y: 29.45%
• 3Y*: 25.99%
• 5Y*: 14.80%
• 10Y*: 17.37%

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

MBCE vs. IUSG - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-6.86%
IUSG iShares Core S&P U.S. Growth ETF	-3.79%

Correlation

The correlation between MBCE and IUSG is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	1.00

MBCE vs. IUSG - Sectors Allocation Comparison

Sectors	MBCE	IUSG
Technology	42.3%	48.0%
Healthcare	13.9%	6.2%
Financial Services	11.2%	8.8%
Consumer Cyclical	10.9%	9.3%
Real Estate	7.6%	0.9%
Communication Services	7.1%	17.1%
Industrials	3.6%	7.5%
Consumer Defensive	3.5%	1.0%
Basic Materials	-	0.5%
Energy	-	0.2%
Utilities	-	0.5%

Return for Risk

MBCE vs. IUSG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IUSG

IUSG Risk / Return Rank: 53
IUSG Sharpe Ratio Rank: 55
IUSG Sortino Ratio Rank: 52
IUSG Omega Ratio Rank: 53
IUSG Calmar Ratio Rank: 47
IUSG Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MBCE vs. IUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) and iShares Core S&P U.S. Growth ETF (IUSG). 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.

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

Sharpe Ratios by Period

	MBCE	IUSG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	-3.09	0.38	-3.46

Drawdowns

MBCE vs. IUSG - Drawdown Comparison

The maximum MBCE drawdown since its inception was -6.86%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for MBCE and IUSG.

Drawdown Indicators

	MBCE	IUSG	Difference
Max Drawdown Largest peak-to-trough decline	-6.86%	-63.41%	+56.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.35%	—
Current Drawdown Current decline from peak	-6.86%	-4.73%	-2.13%
Average Drawdown Average peak-to-trough decline	-4.15%	-21.43%	+17.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.08%	—

Volatility

Volatility by Period

	MBCE	IUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.81%	16.18%	+29.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.81%	20.92%	+24.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.81%	20.44%	+25.37%

MBCE vs. IUSG - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than IUSG's 0.04% expense ratio.

Dividends

MBCE vs. IUSG - Dividend Comparison

MBCE has not paid dividends to shareholders, while IUSG's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUSG iShares Core S&P U.S. Growth ETF	0.49%	0.53%	0.59%	1.12%	1.07%	0.59%	0.93%	1.64%	1.32%	1.28%	1.48%	1.29%
MBCE Monarch Blue Chips Elite Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MBCE and IUSG in my portfolio?

With a correlation of 1.00, MBCE and IUSG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, MBCE or IUSG?

On fees, IUSG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MBCE or IUSG?

IUSG is cheaper with a 0.04% expense ratio, compared with 1.14% for MBCE.

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

IUSG has the higher dividend yield at 0.49%, compared with 0.00% for MBCE.

What is the main difference between MBCE and IUSG?

MBCE tracks Monarch Blue Chips Elite Index, while IUSG tracks Russell 3000 Growth Index. They also come from different issuers: Kingsview Partners LLC and iShares. Their fees differ too: 1.14% for MBCE and 0.04% for IUSG.