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MSSS

Monarch Select Subsector Index ETF·CBOE
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Key Stats
Assets Under Management
121.34MUSD
Fund Flows (1Y)
6.50MUSD
Dividend Yield
0.20%
Discount/Premium to NAV
-0.02%
Shares Outstanding
3.90M
Expense Ratio
1.43%
About Monarch Select Subsector Index ETF
Issuer
Kingsview Wealth Management, LLC
Brand
Monarch
Inception Date
Mar 6, 2024
Structure
Open-Ended Fund
Index Tracked
Monarch Select Subsector Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Kingsview Wealth Management LLC
Distributor
Northern Lights Distributors LLC
MSSS is a fund-of-ETFs that provide exposure to companies considered part of economically advantageous US sectors and subsectors. The fund follows a proprietary rules-based methodology that selects sectors and subsectors based on the phase of the economic cycle. The methodology uses employment trends to determine the phase of the economic cycle. It then identifies the sectors and subsectors that have historically performed well during such cycle. The fund selects 10 US-listed ETFs that are expected to deliver the best risk-adjusted return for the identified phase. As the fund may hold subsector funds within the same sector, MSSS may have significant exposure in one or more sectors relative to others. The fund employs a replication indexing strategy in which it invests in securities in approximately the same proportions as the underlying index.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Multi-factor
Geography
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Weighting Scheme
Equal
Selection Criteria
Multi-factor
Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
+1.45%+5.34%+4.12%+8.80%+24.81%+24.81%
NAV Total Return
+0.65%+4.85%+2.47%+7.95%+0.12%+0.12%
Ratings

No data is currently available

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Holdings Analysis

Sector

Financial Services

19.60%

Healthcare

17.97%

Industrials

16.17%

Consumer Cyclical

14.40%

Real Estate

10.38%

Utilities

10.15%

Consumer Defensive

9.82%

Basic Materials

1.52%

Asset

Region

98.38%
1.33%
0.29%

Category

Ratio

North America

98.38%

Europe

1.33%

Latin America

0.29%

Investment Style

No data is currently available

Top 10 Holdings

Symbol

Ratio

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PBJ

Invesco Food & Beverage ETF
11.01%
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ITB

iShares U.S. Home Construction ETF
10.67%
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XHB

State Street SPDR S&P Homebuilders ETF
10.64%
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XLU

State Street Utilities Select Sector SPDR ETF
10.19%
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XLRE

State Street Real Estate Select Sector SPDR ETF
10.12%
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KBWP

Invesco KBW Property & Casualty Insurance ETF
9.99%
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KIE

State Street SPDR S&P Insurance ETF
9.74%
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XAR

State Street SPDR S&P Aerospace & Defense ETF
9.59%
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IHI

iShares U.S. Medical Devices ETF
8.96%
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IHF

iShares U.S. Healthcare Providers ETF
8.87%

Top 10 Weight 99.79%

12 Total Holdings

Is SPY better than MSSS?
Dividends

Dividend Payout History

Declaration Date
Record Date
Payment Date
Amount
2025-12-182025-12-182025-12-230.019
2025-09-262025-09-262025-10-010.028
2025-06-272025-06-272025-07-020.016
2024-12-192024-12-192024-12-240.033
2024-03-272024-03-282024-04-020.045
How Much Does MSSS Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy MSSS?
Fund Flows