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MSSS — Monarch Select Subsector Index ETF

Monarch Select Subsector Index ETF (MSSS)

MSSS pays a 0.27% distribution rate, quarterly, on a 1.42% expense ratio. Its Distribution Safety Score™ is 50 (Caution). Total return is 48.3% over the past 2.4 years, 7.1 points behind SPY at 55.4%. Its deepest 1-year drawdown was 10.2%.

The Monarch Select Subsector Index ETF tracks a subsector-focused equity strategy through Northern Trust, offering investors exposure to specific market segments within the broader equity market. The fund distributes income quarterly with a modest yield of 0.27% and carries an expense ratio of 1.43%, making it relevant for investors seeking sector-specific equity exposure with regular distributions. The ETF appeals primarily to equity-focused investors interested in subsector rotation strategies rather than high-yield income seekers, given its low distribution rate and recent inception in March 2024.

MSSS key facts

Distribution Safety Score™
50 · Caution
Issuer
Northern Trust
Asset type
ETF
Asset class
Equity
Inception date
03/06/2024
Expense ratio
1.42%
Distribution rate
0.27%
Distribution frequency
Quarterly
Trailing yield
0.27%
Last close
$37.16
AUM
$150,927,526
Average volume
3376.0
Last dividend
$0.0530
Ex-dividend date
03/26/2026
Beta
0.7821
P/E ratio
24.9904