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MVFDvsPAPIETF Comparison

ETF 1

MVFD

Monarch Volume Factor Dividend Tree Index ETF

This fund is part of

Multi-Asset: Other

-0.44%

Full MVFD fund page

VS

ETF 2

PAPI

Parametric Equity Premium Income ETF

This fund is part of

Options Strategies

-0.69%

Full PAPI fund page

Monarch Volume Factor Dividend Tree Index ETF (MVFD) belongs to the Multi-Asset: Other segment. Parametric Equity Premium Income ETF (PAPI) is part of the Options Strategies segment. MVFD's top 3 sector exposures are Energy, Industrials and Materials. In contrast, PAPI's top sector exposures are Information Technology, Consumer Discretionary and Energy. MVFD is more expensive with a Total Expense Ratio (TER) of 1.19%, versus 0.29% for PAPI. MVFD is up 6.37% year-to-date (YTD) with +$24M in YTD flows. PAPI performs worse with 5.61% YTD performance, and +$119M in YTD flows. Run a side-by-side ETF comparison of MVFD and PAPI 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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MVFD vs PAPI 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 06/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MVFD PAPI	-2.74%+0.93%	+3.07%-1.96%	+6.37%+5.61%	+19.22%+12.25%	n/an/a	n/an/a
Flows	MVFD PAPI	+$4M+$15M	+$12M+$68M	+$24M+$119M	+$31M+$174M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MVFD PAPI	+13.29%+9.33%	+15.22%+10.30%	n/an/a	n/an/a
Max drawdown	MVFD PAPI	-3.90%-4.77%	-8.91%-6.88%	n/an/a	n/an/a
Max drawdown duration	MVFD PAPI	3d70d	129d107d	n/an/a	n/an/a

Trading data

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	MVFD	PAPI
Last sale 6/17/2026 at 7:07 PM	$29.84	$26.38
Previous close 06/17/2026	$30.34	$26.80
Consolidated volume 06/17/2026
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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PAPI

is actively managed and doesn’t replicate an index

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	MVFD	PAPI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/17/2026 at 7:07 PM

Live

Closed

	MVFD	PAPI
Last price	$29.84	$26.38
1D performance	-1.65%	-1.57%
AuM	$111.30 M	$393.51 M
E/R	1.19%	0.29%

Characteristics

	MVFD	PAPI
Management strategy	Passive	Active
Provider	Monarch Fund	Morgan Stanley
Benchmark	Monarch Volume Factor Dividend Tree Index	-
N° of holdings	40	179
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	March 6, 2024	October 19, 2023
ESG	No	No

More MVFD data on Trackinsight

More PAPI data on Trackinsight

Exposure

Countries

MVFD

USA

94.68%

Other

5.32%

PAPI

USA

86.23%

Other

13.77%

Sectors

MVFD

Energy

32.87%

Industrials

19.77%

Materials

12.48%

Consumer Staples

11.7%

Other

23.19%

PAPI

Information Techn.

11.9%

Consumer Discreti.

10.61%

Energy

9.79%

Industrials

9.74%

Health Care

9.62%

Utilities

9.41%

Other

38.93%

Diversification

MVFD

Total weight of top 15 holdings out of 15

41.52%

PAPI

Total weight of top 15 holdings out of 15

9.44%

Top 15 holdings

Data as of April 30, 2026

MVFD

KULICKE AND SOFFA INDUSTRIES

3.06%

OCCIDENTAL U

3.03%

PATTERSON UTI

3.00%

US71424F1057

2.91%

CF INDUSTRIES HOLDINGS

2.78%

OVINTIV INC

2.76%

ASHLAND GLOBAL HOLDINGS INC

2.75%

LCI INDUSTRIES

2.72%

JB HUNT TRANSPORT SERVICES

2.72%

PPG INDUSTRIES

2.69%

LIBERTY OILFIELD SERVICES

2.67%

SCHLUMBERGER

2.64%

FRANKLIN ELECTRIC

2.61%

MATSON

2.60%

FIRSTCASH HOLDINGS INC

2.58%

PAPI

PATTERSON UTI

0.71%

TD SYNNEX

0.67%

US71424F1057

0.66%

INTERNATIONAL SEAWAYS

0.66%

TARGET

0.65%

ROYALTY PHARMA

0.64%

TEXAS INSTRUMENTS

0.63%

CUMMINS

0.63%

GB00BMXNWH07

0.63%

AVNET

0.62%

ANALOG DEVICES

0.60%

CORNING

0.60%

VALERO ENERGY

0.59%

ALPHABET INC-CL

0.58%

RELIANCE STEEL

0.57%

Frequently asked questions about MVFD and PAPI

How have the MVFD and PAPI ETFs performed in 2026?

As of June 17, 2026, MVFD is up 6.37% year-to-date (YTD), while PAPI has returned 5.61%. That puts MVFD better performer ahead so far this year.

Which ETF is attracting more investor money: MVFD or PAPI?

Year-to-date, the MVFD ETF saw +$24M in flows, compared to +$119M for PAPI.

Which ETF is more volatile: MVFD or PAPI?

Over the past year, MVFD had a volatility of 15.22%, while PAPI experienced 10.3%.

Which ETF is bigger: MVFD or PAPI?

As of June 17, 2026, MVFD holds $111.30 M in assets under management (AUM), while PAPI manages $393.51 M.

What sectors do the MVFD and PAPI ETFs invest in?

MVFD leans toward sectors like Energy, Industrials and Materials. Meanwhile, PAPI focuses on Information Technology, Consumer Discretionary and Energy.

What are the top holdings of the MVFD ETF and PAPI ETF?

MVFD top holdings include KULICKE AND SOFFA INDUSTRIES, OCCIDENTAL U and PATTERSON UTI. PAPI holds in its top three: PATTERSON UTI, TD SYNNEX and US71424F1057.

MVFDvsPAPIETF Comparison

Monarch Volume Factor Dividend Tree Index ETF

Parametric Equity Premium Income ETF

MVFD vs PAPI 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 MVFD and PAPI ETFs performed in 2026?

As of June 17, 2026, MVFD is up 6.37% year-to-date (YTD), while PAPI has returned 5.61%. That puts MVFD better performer ahead so far this year.

Which ETF is attracting more investor money: MVFD or PAPI?

Year-to-date, the MVFD ETF saw +$24M in flows, compared to +$119M for PAPI.

Which ETF is more volatile: MVFD or PAPI?

Over the past year, MVFD had a volatility of 15.22%, while PAPI experienced 10.3%.

Which ETF is bigger: MVFD or PAPI?

As of June 17, 2026, MVFD holds $111.30 M in assets under management (AUM), while PAPI manages $393.51 M.

What sectors do the MVFD and PAPI ETFs invest in?

MVFD leans toward sectors like Energy, Industrials and Materials. Meanwhile, PAPI focuses on Information Technology, Consumer Discretionary and Energy.

What are the top holdings of the MVFD ETF and PAPI ETF?

MVFD top holdings include KULICKE AND SOFFA INDUSTRIES, OCCIDENTAL U and PATTERSON UTI. PAPI holds in its top three: PATTERSON UTI, TD SYNNEX and US71424F1057.

Which ETF is more diversified: MVFD or PAPI?

MVFD holds 40 securities with 41.52% of its assets in the top 15. PAPI has 183 securities and a top 15 weight of 9.44%.

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