MBCE vs GRNB
Comparison between MONARCH BLUE CHIPS ELITE INDEX ETF (MBCE, ETF) and VANECK GREEN BOND ETF (GRNB, ETF).
MBCE vs GRNB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MBCE
$183M
GRNB
$183M
Expense Ratio
MBCE
1.14%
Winner
GRNB
0.20%
Max Drawdown
Winner
MBCE
11.95%
GRNB
21.44%
Sharpe Ratio
MBCE
-0.77
Winner
GRNB
-0.16
5Y Beta
MBCE
2.28
Winner
GRNB
0.07
P/E Ratio
MBCE
36.40
GRNB
N/A
Forward P/E
MBCE
26.00
GRNB
N/A
PEG Ratio
MBCE
0.70
GRNB
N/A
5Y Dividends CAGR
MBCE
N/A
GRNB
13.89%
5Y EPS CAGR
MBCE
20.22%
GRNB
N/A
Debt to Equity
MBCE
-39.22%
GRNB
N/A
P/S Ratio
MBCE
6.39
GRNB
N/A
P/B Ratio
MBCE
8.30
GRNB
N/A
MBCE vs GRNB - Historical Returns
Returns include dividend reinvestment.
1M
MBCE
-7.26%
Winner
GRNB
-0.50%
3M
MBCE
N/A
GRNB
-0.28%
6M
MBCE
N/A
GRNB
-0.05%
1Y
MBCE
N/A
GRNB
+3.05%
5Y(CAGR)
MBCE
N/A
GRNB
+0.51%
10Y(CAGR)
MBCE
N/A
GRNB
+2.17%
Max(CAGR)
MBCE
-30.39%
Winner
GRNB
+2.17%
MBCE vs GRNB - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | MBCE | GRNB |
|---|---|---|
| 2026 | -4.65% | +0.07% |
| 2025 | N/A | +6.97% |
| 2024 | N/A | +3.92% |
| 2023 | N/A | +6.98% |
| 2022 | N/A | -11.47% |
| 2021 | N/A | -2.31% |
| 2020 | N/A | +7.80% |
| 2019 | N/A | +5.96% |
| 2018 | N/A | -4.22% |
| 2017 | N/A | +9.87% |
MBCE vs GRNB Drawdown Comparison
The maximum drawdown for MBCE was -11.95%, occurring on Jul 20, 2026. This drawdown has not yet recovered.
The maximum drawdown for GRNB was -18.08%, occurring on Oct 20, 2022. Recovery took 1158 trading sessions.
The current MBCE drawdown is -8.80%. The current GRNB drawdown is -0.95%.
| Rank | MBCE | GRNB |
|---|---|---|
| #1 | -11.95% Jun 30, 2026 - Jul 20, 2026 | -18.08% Dec 31, 2020 - Aug 13, 2025 |
| #2 | -7.04% Jun 3, 2026 - Jun 15, 2026 | -7.73% Jan 25, 2018 - Aug 7, 2019 |
| #3 | -4.74% Jun 22, 2026 - Jun 30, 2026 | -7.31% Mar 6, 2020 - Jun 19, 2020 |
| #4 | -2.53% Jun 15, 2026 - Jun 18, 2026 | -2.83% Sep 7, 2017 - Dec 26, 2017 |
| #5 | N/A | -2.50% Feb 27, 2026 - Jun 29, 2026 |
| #6 | N/A | -2.30% Aug 15, 2019 - Jan 24, 2020 |
| #7 | N/A | -1.38% Dec 26, 2017 - Jan 16, 2018 |
| #8 | N/A | -1.21% Aug 6, 2020 - Nov 30, 2020 |
| #9 | N/A | -1.01% Mar 27, 2017 - Apr 18, 2017 |
| #10 | N/A | -1.00% Aug 3, 2017 - Aug 25, 2017 |
| #11 | N/A | -0.95% Jun 29, 2026 - Jul 21, 2026 |
| #12 | N/A | -0.89% May 2, 2017 - May 16, 2017 |
| #13 | N/A | -0.86% Mar 6, 2017 - Mar 15, 2017 |
| #14 | N/A | -0.84% Jun 28, 2017 - Jul 14, 2017 |
| #15 | N/A | -0.75% Aug 29, 2017 - Sep 7, 2017 |
Correlation
Correlation between MBCE and GRNB is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
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