MPRO Performance — Monarch ProCap Index ETF
Data updated: 2026-07-27
MPRO returned +6.75% year to date and +14.04% over one year to May 2026. Annualised returns are +10.58% over 3 years and +5.73% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $135, against $147 for the category, and to $114 over one year, against $119. Volatility over the past three years was 8.93% a year. In the 12 months to May 2026 the fund lost a net $11.3M, and assets reached $256.03M.
MPRO Growth of $100
What $100 invested in Monarch ProCap Index ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | MPRO | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $114 | $119 |
| 3 years (Jun 2023 – May 2026) | $135 | $147 |
| 5 years (Jun 2021 – May 2026) | $132 | $136 |
| Since data start (Mar 2021 – May 2026) | $142 | $144 |
MPRO Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.75% |
| 1 year | +14.04% |
| 3 years (annualised) | +10.58% |
| 5 years (annualised) | +5.73% |
MPRO Annual Returns
Calendar-year total returns of Monarch ProCap Index ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.75% |
| 2025 | +9.31% |
| 2024 | +8.27% |
| 2023 | +10.54% |
| 2022 | −9.33% |
| 2021 (Mar–Dec) | +11.87% |
MPRO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.4% | +4.3% | −4.2% | +3.1% | +1.2% | — | — | — | — | — | — | — |
| 2025 | +2.2% | +1.2% | −2.1% | −0.3% | +1.4% | +2.4% | −0.3% | +1.9% | +1.4% | −0.3% | +2.7% | −1.1% |
| 2024 | +0.4% | +1.4% | +1.7% | −3.0% | +2.3% | +1.5% | +4.1% | +3.3% | +1.9% | −3.0% | +2.0% | −4.3% |
| 2023 | +6.3% | −3.7% | +1.3% | +0.7% | −1.1% | +2.6% | +1.2% | −2.4% | −3.9% | −0.9% | +6.3% | +4.4% |
| 2022 | −1.8% | −0.7% | +2.4% | −3.7% | +0.3% | −4.0% | +3.9% | −3.2% | −6.3% | +2.5% | +5.0% | −3.6% |
| 2021 | — | — | +1.6% | +3.3% | +2.1% | +0.1% | +0.8% | +0.2% | −1.4% | +2.9% | −2.2% | +4.1% |
MPRO Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 8.93%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +6.26% (Nov 2023)
- Worst month: −4.34% (Dec 2024)
MPRO Fund Flows
Monthly money in and out of Monarch ProCap Index ETF, from SEC Form N-PORT.
- 12-month net flow: −$11.3M
- 12-month gross sales (incl. reinvestments): $221.2M
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.9M | $4.9M | $7K |
| Apr 2026 | $4.0M | $0 | $4.0M |
| Mar 2026 | $2.4M | $0 | $2.4M |
| Feb 2026 | $104.9M | $99.5M | $5.3M |
| Jan 2026 | $5.4M | $0 | $5.4M |
| Dec 2025 | $5.4M | $0 | $5.4M |
| Nov 2025 | $3.8M | $0 | $3.8M |
| Oct 2025 | $6.9M | $0 | $6.9M |
| Sep 2025 | $69.4M | $60.3M | $9.0M |
| Aug 2025 | $6.0M | $67.7M | −$61.7M |
| Jul 2025 | $3.7M | $0 | $3.7M |
| Jun 2025 | $4.4M | $0 | $4.4M |
MPRO Assets Under Management
Net assets of Monarch ProCap Index ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $256.03M |
| 2026-02-28 | $250.49M |
| 2025-11-30 | $222.37M |
| 2025-08-31 | $196.01M |
| 2025-05-31 | $240.74M |
| 2025-02-28 | $182.57M |
| 2024-11-30 | $171.22M |
| 2024-08-31 | $146.57M |
| 2024-05-31 | $122.46M |
| 2024-02-29 | $116.15M |
| 2023-11-30 | $100.68M |
| 2023-08-31 | $77.32M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.