MNVT vs. SHEH

Last updated Jul 25, 2026

MNVT (Moonvest ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - MNVT is a Global Equities fund actively managed by Moonvest, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. MNVT is actively managed, while SHEH is passively managed. At a correlation of -0.27, they often move in opposite directions. MNVT charges 0.75%/yr vs 0.19%/yr for SHEH.

Performance

MNVT vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Moonvest ETF (MNVT) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MNVT

• 1D: -2.85%
• 1M: -6.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SHEH

• 1D: 0.47%
• 1M: 12.60%
• 6M: 23.48%
• YTD: 22.34%
• 1Y: 26.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.20%

*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)
MNVT Moonvest ETF	$653.57K	$816.73K	$1.17M
SHEH Shell plc ADRhedged ETF	$547.65K	$433.98K	$241.13K

MNVT vs. SHEH - Yearly Performance Comparison

	2026 (YTD)
MNVT Moonvest ETF	6.40%
SHEH Shell plc ADRhedged ETF	-2.90%

Correlation

The correlation between MNVT and SHEH is -0.27, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 18, 2026	-0.27

Return for Risk

MNVT vs. SHEH — Risk / Return Rank

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

MNVT

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

SHEH

SHEH Risk / Return Rank: 47
SHEH Sharpe Ratio Rank: 53
SHEH Sortino Ratio Rank: 50
SHEH Omega Ratio Rank: 50
SHEH Calmar Ratio Rank: 42
SHEH Martin Ratio Rank: 39

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.

MNVT vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Moonvest ETF (MNVT) and Shell plc ADRhedged ETF (SHEH). 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.

	MNVT	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.27	—
Sortino ratio: Return per unit of downside risk	—	1.79	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.51	—
Martin ratio: Return relative to average drawdown	—	4.15	—

Drawdowns

MNVT vs. SHEH - Drawdown Comparison

The maximum MNVT drawdown since its inception was -23.74%, which is greater than SHEH's maximum drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for MNVT and SHEH.

Drawdown Indicators

	MNVT	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-23.74%	-17.53%	-6.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.53%	—
Current Drawdown Current decline from peak	-23.74%	-5.67%	-18.07%
Average Drawdown Average peak-to-trough decline	-8.51%	-4.12%	-4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.37%	—

Volatility

Volatility by Period

	MNVT	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.29%	20.78%	+24.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.29%	20.50%	+24.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.29%	20.50%	+24.79%

MNVT vs. SHEH - Expense Ratio Comparison

MNVT has a 0.75% expense ratio, which is higher than SHEH's 0.19% expense ratio.

Dividends

MNVT vs. SHEH - Dividend Comparison

MNVT has not paid dividends to shareholders, while SHEH's dividend yield for the trailing twelve months is around 1.90%.

Position	TTM
MNVT Moonvest ETF	0.00%
SHEH Shell plc ADRhedged ETF	1.90%

Frequently Asked Questions

Can I hold both MNVT and SHEH in my portfolio?

MNVT and SHEH have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MNVT or SHEH?

On fees, SHEH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MNVT or SHEH?

SHEH is cheaper with a 0.19% expense ratio, compared with 0.75% for MNVT.

Which ETF pays a higher dividend yield, MNVT or SHEH?

SHEH has the higher dividend yield at 1.90%, compared with 0.00% for MNVT.

What is the main difference between MNVT and SHEH?

MNVT is categorized as Global Equities, while SHEH is Energy Equities. They also come from different issuers: Moonvest and ADRhedged. Their fees differ too: 0.75% for MNVT and 0.19% for SHEH.