MVFG ETF — Monarch Volume Factor Global Unconstrained Index ETF

Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

Updated October 16, 2026.

MVFG is an ETF. its distribution rate is 0.79%, its trailing-12-month yield is 1.73%, its expense ratio is 1.41%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 41.4% over the past 2.6 years, 11.7 points behind SPY at 53.1%.

This ETF is a fund of funds that allocates at least 80% of its assets to an equally-weighted index of up to 25 equity ETFs selected for positive cash flow characteristics, with treasury ETFs substituting during periods of negative cash flow trends. The fund distributes quarterly and carries an expense ratio of 1.41%, with a modest current distribution rate. It appeals to investors seeking equity exposure with a systematic cash-flow based selection process and regular income distributions.

MVFG performance versus SPY

Price and return data through 2026-10-16.

Total return is 41.4% over the past 2.6 years, 11.7 points behind SPY at 53.1%. Over the past year its total return — price change plus distributions reinvested — is 6.9%. Its deepest 1-year drawdown was 14.6%.

MVFG key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

0.74%

Issuer

Northern Trust

Asset type

ETF

Asset class

Equity

Inception date

03/06/2024

Expense ratio

1.41%

Distribution rate

0.79%

Distribution frequency

Quarterly

Trailing yield

1.73%

Last close

$34.10 (as of 2026-10-16)

AUM

$182,009,053

Average volume

5455.0

Dividend

$0.0673

Ex-dividend date

09/24/2026

Payment date

09/29/2026

Beta

1.1976

How Dividend Vision calculates yield and returns

Distribution rate (0.79%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.73%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Northern Trust; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MVFG risks and drawbacks

MVFG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.6%.

Who may consider MVFG — and who may not

MVFG may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (MVFG pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MVFG

• All tickers starting with M

Tagged: Index.

Frequently asked questions

More securities from Northern Trust.