THRV vs. MPRO

Last updated Jun 23, 2026

THRV (Prospera Income ETF) and MPRO (Monarch ProCap ETF) are both Diversified Portfolio funds. THRV is actively managed, while MPRO is passively managed. A 0.63 correlation means they provide meaningful diversification when combined. THRV charges 1.80%/yr vs 1.17%/yr for MPRO.

Performance

THRV vs. MPRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prospera Income ETF (THRV) and Monarch ProCap ETF (MPRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THRV achieves a 1.79% return, which is significantly lower than MPRO's 6.22% return.

THRV

• 1D: -0.04%
• 1M: -0.33%
• YTD: 1.79%
• 6M: 1.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MPRO

• 1D: -0.18%
• 1M: 0.09%
• YTD: 6.22%
• 6M: 6.18%
• 1Y: 13.01%
• 3Y*: 9.90%
• 5Y*: 5.68%
• 10Y*: —

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

THRV vs. MPRO - Yearly Performance Comparison

	2026 (YTD)	2025
THRV Prospera Income ETF	1.79%	0.15%
MPRO Monarch ProCap ETF	6.22%	1.73%

Correlation

The correlation between THRV and MPRO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.63

Return for Risk

THRV vs. MPRO — Risk / Return Rank

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

THRV

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

MPRO

MPRO Risk / Return Rank: 56
MPRO Sharpe Ratio Rank: 59
MPRO Sortino Ratio Rank: 63
MPRO Omega Ratio Rank: 58
MPRO Calmar Ratio Rank: 48
MPRO Martin Ratio Rank: 54

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.

THRV vs. MPRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prospera Income ETF (THRV) and Monarch ProCap ETF (MPRO). 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.

	THRV	MPRO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.92	—
Sortino ratio: Return per unit of downside risk	—	2.83	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.30	—
Martin ratio: Return relative to average drawdown	—	9.07	—

Drawdowns

THRV vs. MPRO - Drawdown Comparison

The maximum THRV drawdown since its inception was -1.50%, smaller than the maximum MPRO drawdown of -14.51%. Use the drawdown chart below to compare losses from any high point for THRV and MPRO.

Drawdown Indicators

	THRV	MPRO	Difference
Max Drawdown Largest peak-to-trough decline	-1.50%	-14.51%	+13.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.51%	—
Current Drawdown Current decline from peak	-0.58%	-0.98%	+0.40%
Average Drawdown Average peak-to-trough decline	-0.44%	-3.43%	+2.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	THRV	MPRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	6.81%	-3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	9.28%	-6.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	9.22%	-6.26%

THRV vs. MPRO - Expense Ratio Comparison

THRV has a 1.80% expense ratio, which is higher than MPRO's 1.17% expense ratio.

Dividends

THRV vs. MPRO - Dividend Comparison

THRV's dividend yield for the trailing twelve months is around 5.40%, more than MPRO's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021
MPRO Monarch ProCap ETF	1.87%	1.93%	1.64%	1.40%	1.09%	0.95%
THRV Prospera Income ETF	5.40%	1.67%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THRV and MPRO in my portfolio?

THRV and MPRO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THRV or MPRO?

On fees, MPRO is cheaper at 1.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THRV or MPRO?

MPRO is cheaper with a 1.17% expense ratio, compared with 1.80% for THRV.

Which ETF pays a higher dividend yield, THRV or MPRO?

THRV has the higher dividend yield at 5.40%, compared with 1.87% for MPRO.

What is the main difference between THRV and MPRO?

They also come from different issuers: Prospera Funds and Monarch. Their fees differ too: 1.80% for THRV and 1.17% for MPRO.