MBCE vs. MFUS

Last updated Aug 4, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and MFUS (PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF) are both Large Cap Growth Equities funds - MBCE tracks the Monarch Blue Chips Elite Index while MFUS tracks the RAFI Dynamic Multi-Factor U.S. Index​. Both are passively managed. Their correlation of 0.84 means they have usually moved in the same direction. MBCE charges 1.14%/yr vs 0.30%/yr for MFUS.

Performance

MBCE vs. MFUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Blue Chips Elite Index ETF (MBCE) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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*: —

MFUS

• 1D: 0.44%
• 1M: -0.34%
• 6M: 10.78%
• YTD: 16.56%
• 1Y: 25.93%
• 3Y*: 19.97%
• 5Y*: 13.05%
• 10Y*: —
• ALL TIME*: 13.41%

*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)
MBCE Monarch Blue Chips Elite Index ETF	$704.30K	$864.91K	$1.01M
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	$1.69M	$1.08M	$961.02K

MBCE vs. MFUS - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-7.47%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	0.19%

Correlation

The correlation between MBCE and MFUS is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026	0.84

Return for Risk

MBCE vs. MFUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MBCE

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

MFUS

MFUS Risk / Return Rank: 90
MFUS Sharpe Ratio Rank: 90
MFUS Sortino Ratio Rank: 90
MFUS Omega Ratio Rank: 89
MFUS Calmar Ratio Rank: 91
MFUS Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MBCE vs. MFUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) and PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS). 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.

	MBCE	MFUS	Difference
Sharpe ratio: Return per unit of total volatility	—	2.29	—
Sortino ratio: Return per unit of downside risk	—	3.28	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	4.08	—
Martin ratio: Return relative to average drawdown	—	15.40	—

Drawdowns

MBCE vs. MFUS - Drawdown Comparison

The maximum MBCE drawdown since its inception was -17.37%, smaller than the maximum MFUS drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for MBCE and MFUS.

Drawdown Indicators

	MBCE	MFUS	Difference
Max Drawdown Largest peak-to-trough decline	-17.37%	-35.21%	+17.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.22%	—
Current Drawdown Current decline from peak	-12.08%	-2.18%	-9.90%
Average Drawdown Average peak-to-trough decline	-6.11%	-3.95%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.69%	—

Volatility

Volatility by Period

	MBCE	MFUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	41.62%	11.41%	+30.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.62%	15.02%	+26.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.62%	17.28%	+24.34%

MBCE vs. MFUS - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than MFUS's 0.30% expense ratio.

Dividends

MBCE vs. MFUS - Dividend Comparison

MBCE has not paid dividends to shareholders, while MFUS's dividend yield for the trailing twelve months is around 1.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF	1.37%	1.54%	1.45%	1.96%	2.07%	1.35%	1.72%	1.89%	1.69%	1.01%

Frequently Asked Questions

Can I hold both MBCE and MFUS in my portfolio?

MBCE and MFUS have a correlation of 0.84, 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 MFUS?

On fees, MFUS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MBCE or MFUS?

MFUS is cheaper with a 0.30% expense ratio, compared with 1.14% for MBCE.

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

MFUS has the higher dividend yield at 1.37%, compared with 0.00% for MBCE.

What is the main difference between MBCE and MFUS?

MBCE tracks Monarch Blue Chips Elite Index, while MFUS tracks RAFI Dynamic Multi-Factor U.S. Index​. They also come from different issuers: Monarch and PIMCO. Their fees differ too: 1.14% for MBCE and 0.30% for MFUS.