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MDPLvsCOWSETF Comparison

ETF 1

MDPL

Monarch Dividend Plus Index ETF

This fund is part of

US Multi-Factor

+0%

Full MDPL fund page

VS

ETF 2

COWS

Amplify Cash Flow Dividend Leaders ETF

This fund is part of

US High Dividend

+0%

Full COWS fund page

Monarch Dividend Plus Index ETF (MDPL) belongs to the US Multi-Factor segment. Amplify Cash Flow Dividend Leaders ETF (COWS) is part of the US High Dividend segment. MDPL's top 3 sector exposures are Financials, Information Technology and Energy. In contrast, COWS's top sector exposures are Industrials, Information Technology and Financials. MDPL is more expensive with a Total Expense Ratio (TER) of 1.24%, versus 0.39% for COWS. MDPL is down -6.4% year-to-date (YTD) with +$6M in YTD flows. COWS performs better with 8.97% YTD performance, and +$19M in YTD flows. Run a side-by-side ETF comparison of MDPL and COWS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MDPL vs COWS performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MDPL COWS	-4.61%+5.91%	-1.43%+9.80%	-6.40%+8.97%	-0.63%+27.32%	n/an/a	n/an/a
Flows	MDPL COWS	-$800K+$12M	+$3M+$13M	+$6M+$19M	+$3M+$19M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MDPL COWS	+15.35%+15.97%	+15.60%+16.48%	n/an/a	n/an/a
Max drawdown	MDPL COWS	-6.50%-4.14%	-10.72%-6.49%	n/an/a	n/an/a
Max drawdown duration	MDPL COWS	17d16d	154d46d	n/an/a	n/an/a

Trading data

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	MDPL	COWS
Last sale 6/18/2026 at 1:30 PM	$25.01	$36.08
Previous close 06/18/2026	$25.58	$36.15
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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	MDPL	COWS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	MDPL	COWS
Last price	$25.01	$36.08
1D performance	-2.24%	-0.19%
AuM	$57.57 M	$45.77 M
E/R	1.24%	0.39%

Characteristics

	MDPL	COWS
Management strategy	Passive	Passive
Provider	Monarch Fund	Amplify ETFs
Benchmark	Monarch Dividend Plus Index	Kelly US Cash Flow Dividend Leaders Index
N° of holdings	30	40
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 6, 2024	September 13, 2023
ESG	No	No

More MDPL data on Trackinsight

More COWS data on Trackinsight

Exposure

Countries

MDPL

USA

87.15%

Other

12.85%

COWS

USA

97.91%

Other

2.09%

Sectors

MDPL

Financials

29.12%

Information Techn.

19.21%

Energy

11.05%

Health Care

10.98%

Industrials

9.83%

Consumer Staples

9.79%

Other

10.01%

COWS

Industrials

28.01%

Information Techn.

19.12%

Financials

15.61%

Materials

8.3%

Energy

7.97%

Health Care

7.92%

Other

13.07%

Diversification

MDPL

Total weight of top 15 holdings out of 15

52.46%

COWS

Total weight of top 15 holdings out of 15

45.78%

Top 15 holdings

Data as of April 30, 2026

MDPL

UNITEDHEALTH GRP

3.79%

ELEVANCE HEALTH INC

3.77%

OVINTIV INC

3.71%

QUALCOMM

3.69%

MATADOR RESOURCES

3.69%

MARATHON PETROLEUM

3.65%

AMERIPRISE FINANCE

3.49%

CIGNA

3.43%

OSHKOSH

3.39%

APOLLO GLOBAL MGMT INC

3.33%

KBR

3.31%

GRAPHIC PACKAGING HOLDING

3.31%

FACTSET RESEARCH SYSTEMS

3.31%

CHARLES SCHWAB

3.30%

INGREDION

3.29%

COWS

DELL TECHNOLOGIES INC

3.95%

TD SYNNEX

3.84%

ALLISON TRANSMISSION HOLDINGS

3.18%

OWENS CORNING

3.15%

RELIANCE STEEL

3.15%

DELTA AIR LINES

3.10%

QUALCOMM

3.02%

CIGNA

2.92%

NRG ENERGY

2.90%

TIMKEN

2.83%

CHENIERE ENERGY

2.79%

SIMPSON MANUF

2.78%

CARLISLE COMPANIES

2.76%

RANGE RESOURCES

2.71%

HASBRO

2.70%

Frequently asked questions about MDPL and COWS

How have the MDPL and COWS ETFs performed in 2026?

As of June 18, 2026, MDPL is down -6.4% year-to-date (YTD), while COWS has returned 8.97%. That puts COWS better performer ahead so far this year.

Which ETF is attracting more investor money: MDPL or COWS?

Year-to-date, the MDPL ETF saw +$6M in flows, compared to +$19M for COWS.

Which ETF is more volatile: MDPL or COWS?

Over the past year, MDPL had a volatility of 15.6%, while COWS experienced 16.48%.

Which ETF is bigger: MDPL or COWS?

As of June 18, 2026, MDPL holds $57.57 M in assets under management (AUM), while COWS manages $45.77 M.

What sectors do the MDPL and COWS ETFs invest in?

MDPL leans toward sectors like Financials, Information Technology and Energy. Meanwhile, COWS focuses on Industrials, Information Technology and Financials.

What are the top holdings of the MDPL ETF and COWS ETF?

MDPL top holdings include UNITEDHEALTH GRP, ELEVANCE HEALTH INC and OVINTIV INC. COWS holds in its top three: DELL TECHNOLOGIES INC, TD SYNNEX and ALLISON TRANSMISSION HOLDINGS.

MDPLvsCOWSETF Comparison

Monarch Dividend Plus Index ETF

Amplify Cash Flow Dividend Leaders ETF

MDPL vs COWS performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the MDPL and COWS ETFs performed in 2026?

As of June 18, 2026, MDPL is down -6.4% year-to-date (YTD), while COWS has returned 8.97%. That puts COWS better performer ahead so far this year.

Which ETF is attracting more investor money: MDPL or COWS?

Year-to-date, the MDPL ETF saw +$6M in flows, compared to +$19M for COWS.

Which ETF is more volatile: MDPL or COWS?

Over the past year, MDPL had a volatility of 15.6%, while COWS experienced 16.48%.

Which ETF is bigger: MDPL or COWS?

As of June 18, 2026, MDPL holds $57.57 M in assets under management (AUM), while COWS manages $45.77 M.

What sectors do the MDPL and COWS ETFs invest in?

MDPL leans toward sectors like Financials, Information Technology and Energy. Meanwhile, COWS focuses on Industrials, Information Technology and Financials.

What are the top holdings of the MDPL ETF and COWS ETF?

MDPL top holdings include UNITEDHEALTH GRP, ELEVANCE HEALTH INC and OVINTIV INC. COWS holds in its top three: DELL TECHNOLOGIES INC, TD SYNNEX and ALLISON TRANSMISSION HOLDINGS.

Which ETF is more diversified: MDPL or COWS?

MDPL holds 30 securities with 52.46% of its assets in the top 15. COWS has 40 securities and a top 15 weight of 45.78%.

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