EMHC vs MPRO

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG EMERGING MARKETS USD BOND ETF (EMHC, ETF) and MONARCH PROCAP INDEX ETF (MPRO, ETF).

5-Year PerformanceMPRO has outperformed EMHC, delivering a return of +5.4% compared to +1.5%

EMHC vs MPRO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMHC(ETF)	MPRO(ETF)
Net Assets	$252M	$253M
Expense Ratio	0.23%	1.07%
Max Drawdown	31.53%	15.13%
Sharpe Ratio	1.24	1.28
5Y Beta	0.24	0.36
5Y Dividends CAGR	58.17%	N/A

Net Assets

EMHC

$252M

Winner

MPRO

$253M

Expense Ratio

Winner

EMHC

0.23%

MPRO

1.07%

Max Drawdown

EMHC

31.53%

Winner

MPRO

15.13%

Sharpe Ratio

EMHC

1.24

Winner

MPRO

1.28

5Y Beta

Winner

EMHC

0.24

MPRO

0.36

5Y Dividends CAGR

EMHC

58.17%

MPRO

N/A

EMHC vs MPRO - Historical Returns

Returns include dividend reinvestment.

Period	EMHC	MPRO
1 month	+0.35%	+0.54%
3 months	+0.47%	+0.46%
6 months	+1.65%	+6.35%
1 year	+10.94%	+13.09%
5 years(CAGR)	+1.46%	+5.45%
Max(CAGR)	+1.85%	+6.76%

EMHC

+0.35%

Winner

MPRO

+0.54%

Winner

EMHC

+0.47%

MPRO

+0.46%

EMHC

+1.65%

Winner

MPRO

+6.35%

EMHC

+10.94%

Winner

MPRO

+13.09%

5Y(CAGR)

EMHC

+1.46%

Winner

MPRO

+5.45%

Max(CAGR)

EMHC

+1.85%

Winner

MPRO

+6.76%

EMHC vs MPRO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	EMHC	MPRO
2026	+1.26%	+5.48%
2025	+13.83%	+9.47%
2024	+4.52%	+8.55%
2023	+9.66%	+11.36%
2022	-16.98%	-9.85%
2021	+1.68%	+11.80%

EMHC vs MPRO Drawdown Comparison

The maximum drawdown for EMHC was -28.03%, occurring on Oct 20, 2022. Recovery took 1005 trading sessions.

The maximum drawdown for MPRO was -14.51%, occurring on Oct 14, 2022. Recovery took 521 trading sessions.

The current EMHC drawdown is -0.71%. The current MPRO drawdown is -0.90%.

Rank	EMHC	MPRO
#1	-28.03% Sep 2, 2021 - Sep 5, 2025	-14.51% Jan 4, 2022 - Feb 1, 2024
#2	-4.37% Feb 25, 2026 - Jun 2, 2026	-9.64% Sep 30, 2024 - Jul 23, 2025
#3	-1.24% May 7, 2021 - May 25, 2021	-5.67% Feb 27, 2026 - May 28, 2026
#4	-1.23% Apr 15, 2021 - May 7, 2021	-3.97% Nov 8, 2021 - Dec 27, 2021
#5	-1.17% Jun 11, 2021 - Jul 15, 2021	-3.84% Mar 28, 2024 - May 15, 2024
#6	-1.00% Oct 27, 2025 - Nov 26, 2025	-2.56% Nov 28, 2025 - Jan 9, 2026
#7	-0.94% Sep 11, 2025 - Sep 23, 2025	-2.45% Oct 27, 2025 - Nov 26, 2025
#8	-0.94% Dec 30, 2025 - Jan 23, 2026	-1.81% May 7, 2021 - Jun 1, 2021
#9	-0.86% Dec 3, 2025 - Dec 16, 2025	-1.80% May 15, 2024 - Jun 5, 2024
#10	-0.84% Aug 4, 2021 - Aug 27, 2021	-1.71% Aug 2, 2024 - Aug 15, 2024
#11	-0.71% Jun 2, 2026 - Jun 5, 2026	-1.70% Sep 3, 2021 - Oct 19, 2021
#12	-0.65% Jul 20, 2021 - Aug 2, 2021	-1.68% Sep 11, 2025 - Oct 1, 2025
#13	-0.54% Sep 24, 2025 - Oct 9, 2025	-1.58% Jun 10, 2021 - Jul 29, 2021
#14	-0.42% Jun 2, 2021 - Jun 4, 2021	-1.23% Apr 16, 2021 - Apr 28, 2021
#15	-0.36% Oct 9, 2025 - Oct 13, 2025	-1.21% Feb 2, 2024 - Feb 15, 2024