MVFG Monarch Volume Factor Global Unconstrained Index ETF
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Monarch Volume Factor Global Unconstrained Index ETF (MVFG) ETF
No description available.
- Exchange
- BATS
- Inception
- 2024-03-06
- Has Options
- No
- Expense ratio
- 1.41% prospectus, filed Jun 24, 2026
- Assets
- $182M shares × price, Oct 9, 2026
- Trailing yield
- 1.73% paid quarterly
- Average daily volume
- $390K 30 sessions
- Holdings
- 24 top 10 are 45.0%
- Listed
- Mar 6, 2024 Cboe BZX
- Last fee change
- -1 bp filed Jun 24, 2026
- Tracking difference
- -0.49 pts vs index, after fees, FY 2026
Moves with. US large-cap stocks (50% of its variance, beta 0.95); Small caps over large (11% of its variance, beta 0.42); Gold (7% of its variance, beta 0.10); High yield over Treasuries (3% of its variance, beta 0.43). These factors explain 70% of its daily moves over the last year.
Stated objective. The Monarch Volume Factor Global Unconstrained Index ETF (the ?Fund?) seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Monarch Volume Factor Global Unconstrained Index (the ?Index?). (from the fund's prospectus)
All 24 holdingsFlow historySimilar fundsOverlap toolAll Global ETFs
- May 2026
- +$2.1M latest reported month
- Latest 3 months
- +$8.0M +5.1% of assets
- Latest 12 months
- +$34M +21.3% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$2.1M |
| Apr 2026 | +$684K |
| Mar 2026 | +$5.3M |
| Feb 2026 | +$3.1M |
| Jan 2026 | +$6.5M |
| Dec 2025 | +$2.8M |
| Nov 2025 | +$1.1M |
| Oct 2025 | +$1.0M |
| Sep 2025 | +$603K |
| Aug 2025 | +$7.0M |
| Jul 2025 | +$2.5M |
| Jun 2025 | +$825K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 27 months ago
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | QINTAMERICAN CENTURY ETF TRUST | — | 4.78% | — |
| New position | BKMCBNY MELLON ETF TRUST | — | 4.46% | — |
| New position | WDIVSPDR INDEX SHARES FUNDS | — | 4.36% | — |
| Exit | JHEMJohn Hancock Exchange-Traded Fund Trust | 4.25% | — | — |
| Exit | IFVFirst Trust Exchange Traded Fund VI | 4.16% | — | — |
| New position | UPGDINVESCO EXCHANGE TRADED FUND TRUST | — | 4.15% | — |
| Exit | FIVAFidelity Covington Trust | 4.15% | — | — |
| New position | JPMEJ.P. MORGAN EXCHANGE-TRADED FUND TRUST | — | 4.14% | — |
| New position | VXUSVANGUARD STAR FUNDS | — | 4.13% | — |
| Exit | IVOGVanguard Admiral Funds Inc. | 4.10% | — | — |
17 new, 18 exited, 1 increased and 0 decreased between the fund's two latest holdings reports; turnover 71.0%. Full holdings and history
- Authorized participants
- 2 active of 6 with agreements; top 3 did 100%
- Created · redeemed
- $230M · $198M over the fiscal year
- Redemptions in kind
- 100% creations 99% in kind
- Creation unit
- 10,000 shares
- Securities lending
- not authorized
- Return vs index
- -0.49 pts after fees; +0.54 before; daily s.d. 0.09
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-24 | 2026-09-29 | $0.0673 | CD |
| 2026-06-25 | 2026-06-30 | $0.2041 | CD |
| 2026-03-26 | 2026-03-31 | $0.0793 | CD |
| 2025-12-18 | 2025-12-23 | $0.2396 | CD |
| 2025-09-26 | 2025-10-01 | $0.0083 | CD |
| 2025-06-27 | 2025-07-02 | $0.3410 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| DEUS | DBX ETF TRUST | 5.36% | Equity (common) | US |
| XCEM | COLUMBIA ETF TRUST II | 4.91% | Equity (common) | US |
| QINT | AMERICAN CENTURY ETF TRUST | 4.78% | Equity (common) | US |
| XCNY | SPDR INDEX SHARES FUNDS | 4.50% | Equity (common) | US |
| BKMC | BNY MELLON ETF TRUST | 4.46% | Equity (common) | US |
| WDIV | SPDR INDEX SHARES FUNDS | 4.36% | Equity (common) | US |
| IQDF | FLEXSHARES TRUST | 4.16% | Equity (common) | US |
| UPGD | INVESCO EXCHANGE TRADED FUND TRUST | 4.15% | Equity (common) | US |
| JPME | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 4.14% | Equity (common) | US |
| SPXT | PROSHARES TRUST | 4.14% | Equity (common) | US |
| VXUS | VANGUARD STAR FUNDS | 4.13% | Equity (common) | US |
| HAWX | ISHARES TRUST | 4.09% | Equity (common) | US |
| VSS | VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4.08% | Equity (common) | US |
| EFAX | SPDR INDEX SHARES FUNDS | 4.02% | Equity (common) | US |
| IDEV | ISHARES TRUST | 3.99% | Equity (common) | US |
| DBEF | DBX ETF TRUST | 3.94% | Equity (common) | US |
| VYMI | VANGUARD WHITEHALL FUNDS | 3.92% | Equity (common) | US |
| EDIV | SPDR INDEX SHARES FUNDS | 3.91% | Equity (common) | US |
| JPIN | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 3.91% | Equity (common) | US |
| JPUS | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 3.87% | Equity (common) | US |
| IDOG | ALPS ETF TRUST | 3.85% | Equity (common) | US |
| PID | INVESCO EXCHANGE TRADED FUND TRUST | 3.83% | Equity (common) | US |
| VSDA | VICTORY PORTFOLIOS II | 3.77% | Equity (common) | US |
| GCOW | PACER FUNDS TRUST | 3.69% | Equity (common) | US |
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 3.27% | 5.02% | 4.14% |
| Feb | -- | -2.25% | 1.47% | -0.39% |
| Mar | 2.25% | -1.64% | -6.28% | -1.89% |
| Apr | -3.29% | 3.85% | 4.71% | 1.76% |
| May | 4.34% | 5.51% | 2.61% | 4.15% |
| Jun | 1.20% | 0.95% | -0.34% | 0.60% |
| Jul | 1.46% | -1.01% | 1.04% | 0.50% |
| Aug | 3.19% | 7.07% | 0.13% | 3.46% |
| Sep | 3.20% | 6.12% | -3.69% | 1.88% |
| Oct | -1.65% | 1.89% | 0.92%* | 0.39% |
| Nov | 3.64% | -3.33% | -- | 0.16% |
| Dec | -5.51% | 2.64% | -- | -1.43% |
| Total | 8.66% | 24.89% | 5.16% | 12.90% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: MVFG
Executive Summary
Overall Assessment: NEUTRAL (confidence level: 6/10)
Key Drivers:
- Technical indicators suggest a ranging market, with both bullish and bearish momentum
- Volatility is high, which may be driven by the recent news headlines
Primary Risks:
- The stock's beta of 1.20 suggests it may be more volatile than the broader market
- Recent trading has been range-bound, which may lead to a pause or correction in the near term
Investment Thesis: MVFG is stuck in a ranging pattern, with both bullish and bearish momentum present. The high volatility suggests that the stock is sensitive to news and market sentiment.
Recent News Sentiment Impact: No recent news headlines are available; however, the lack of significant news may be contributing to the range-bound trading.
Technical Analysis
Trend Direction: Short-term: NEUTRAL (range-bound), Medium-term: BULLISH, Long-term: BEARISH
Support/Resistance Levels: SMA 20 at $34.46, SMA 50 at $33.73, and upper Bollinger Band at $35.11.
Momentum Signals:
- RSI: NEUTRAL (58.06), indicating no strong momentum.
- MACD: BULLISH (0.29 / Signal: 0.02 / Histogram: 0.27).
- Bollinger Bands: NEUTRAL (width: 3.82, signal: neutral).
Volume Analysis: Volume is increasing, but the OBV and volume rate of change suggest a lack of conviction.
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: NEUTRAL (no strong sentiment).
Catalyst Identification: None.
Market Narrative: The lack of significant news may be contributing to the range-bound trading.
Risk & Volatility Assessment
Beta Interpretation: HIGH RISK (beta: 1.20, vs SPY).
Volatility Regime: HIGH VOLATILITY (stock volatility: 0.19).
Options Market Signals: No options data available.
Downside Protection: SMA 50 at $33.73 and lower Bollinger Band at $33.80 provide support.
Market Context & Positioning
Sector Performance: The sector is performing averagely, with no significant trends.
Institutional Activity: Institutional activity is moderate, but not driving the price action.
Correlation Analysis: The stock's correlation to the broader market is high (0.76).
Relative Valuation: MVFG is trading within a range, with no clear relative valuation trend.
Key Levels & Action Items
Critical Price Levels: SMA 20 at $34.46 and SMA 50 at $33.73.
Breakout/Breakdown Levels: Upper Bollinger Band at $35.11 and lower Bollinger Band at $33.80.
Time-Sensitive Catalysts: None.
Risk Management: Stop-loss levels should be set around the SMA 20, with a target to sell if the stock breaks below the SMA 50. Position sizing considerations suggest taking smaller positions due to the high volatility.
MVFG Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Above average volatility - stock moves with market amplification
MVFG Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| DEUS | DBX ETF TRUST | 5.36% | $64.84 | +0.28% | +1.14% | -1.89% |
| XCEM | COLUMBIA ETF TRUST II | 4.91% | $51.45 | +0.74% | -2.22% | -1.32% |
| QINT | AMERICAN CENTURY ETF TRUST | 4.78% | $69.11 | +0.51% | -0.70% | -3.45% |
| XCNY | SPDR INDEX SHARES FUNDS | 4.50% | $33.91 | +0.84% | -0.16% | -0.22% |
| BKMC | BNY MELLON ETF TRUST | 4.46% | $39.0 | +0.43% | -0.22% | -2.34% |
| WDIV | SPDR INDEX SHARES FUNDS | 4.36% | $81.26 | +0.26% | -0.07% | -3.61% |
| IQDF | FLEXSHARES TRUST | 4.16% | $34.39 | +0.80% | -0.70% | -4.27% |
| UPGD | INVESCO EXCHANGE TRADED FUND TRUST | 4.15% | $81.51 | +0.35% | +1.07% | +0.43% |
| JPME | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 4.14% | $121.17 | +0.21% | +0.58% | -2.98% |
| SPXT | PROSHARES TRUST | 4.14% | $109.71 | +0.75% | +2.14% | -0.44% |
| VXUS | VANGUARD STAR FUNDS | 4.13% | $84.82 | +0.86% | -0.71% | -2.66% |
| HAWX | ISHARES TRUST | 4.09% | $45.55 | +0.90% | -0.60% | -0.28% |
| VSS | VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 4.08% | $155.12 | +0.98% | -0.34% | -2.17% |
| EFAX | SPDR INDEX SHARES FUNDS | 4.02% | $53.32 | +0.68% | -0.61% | -2.99% |
| IDEV | ISHARES TRUST | 3.99% | $89.21 | +0.73% | -0.41% | -2.91% |
| DBEF | DBX ETF TRUST | 3.94% | $54.9 | +0.73% | -0.22% | -0.20% |
| VYMI | VANGUARD WHITEHALL FUNDS | 3.92% | $100.66 | +0.60% | +0.17% | -4.68% |
| EDIV | SPDR INDEX SHARES FUNDS | 3.91% | $40.04 | +0.65% | +0.33% | -4.32% |
| JPIN | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 3.91% | $73.32 | +0.61% | -0.50% | -4.70% |
| JPUS | J.P. MORGAN EXCHANGE-TRADED FUND TRUST | 3.87% | $138.66 | +0.20% | +1.03% | -2.05% |
| IDOG | ALPS ETF TRUST | 3.85% | $42.06 | +0.91% | +1.23% | -5.14% |
| PID | INVESCO EXCHANGE TRADED FUND TRUST | 3.83% | $21.71 | +0.10% | +2.22% | -3.12% |
| VSDA | VICTORY PORTFOLIOS II | 3.77% | $56.83 | -0.05% | +0.96% | -1.97% |
| GCOW | PACER FUNDS TRUST | 3.69% | $45.06 | -0.16% | +1.30% | -3.20% |