MPRO vs FJP

Comparison between MONARCH PROCAP INDEX ETF (MPRO, ETF) and FIRST TRUST JAPAN ALPHADEX FUND (FJP, ETF).

5-Year PerformanceFJP has outperformed MPRO, delivering a return of +11.6% compared to +5.7%

MPRO vs FJP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MPRO(ETF)	FJP(ETF)
Net Assets	$255M	$255M
Expense Ratio	1.03%	0.80%
Max Drawdown	15.13%	43.93%
Sharpe Ratio	1.03	0.85
5Y Beta	0.36	0.72
5Y Dividends CAGR	105.51%	18.22%

Net Assets

Winner

MPRO

$255M

FJP

$255M

Expense Ratio

MPRO

1.03%

Winner

FJP

0.80%

Max Drawdown

Winner

MPRO

15.13%

FJP

43.93%

Sharpe Ratio

Winner

MPRO

1.03

FJP

0.85

5Y Beta

Winner

MPRO

0.36

FJP

0.72

5Y Dividends CAGR

Winner

MPRO

105.51%

FJP

18.22%

MPRO vs FJP - Historical Returns

Returns include dividend reinvestment.

Period	MPRO	FJP
1 month	+0.06%	+3.65%
3 months	+1.19%	+1.18%
6 months	+1.08%	-4.63%
1 year	+10.45%	+21.66%
5 years(CAGR)	+5.75%	+11.55%
10 years(CAGR)	N/A	+7.26%
Max(CAGR)	+6.75%	+5.97%

MPRO

+0.06%

Winner

FJP

+3.65%

Winner

MPRO

+1.19%

FJP

+1.18%

Winner

MPRO

+1.08%

FJP

-4.63%

MPRO

+10.45%

Winner

FJP

+21.66%

5Y(CAGR)

MPRO

+5.75%

Winner

FJP

+11.55%

10Y(CAGR)

MPRO

N/A

FJP

+7.26%

Max(CAGR)

Winner

MPRO

+6.75%

FJP

+5.97%

MPRO vs FJP - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	MPRO	FJP
2026	+6.97%	+14.42%
2025	+9.47%	+33.80%
2024	+8.55%	+6.02%
2023	+11.36%	+23.73%
2022	-9.85%	-12.80%
2021	+11.80%	-0.50%
2020	N/A	+2.15%
2019	N/A	+7.28%
2018	N/A	-18.80%
2017	N/A	+26.81%
2016	N/A	+4.50%
2015	N/A	+5.39%
2014	N/A	-0.84%
2013	N/A	+28.22%
2012	N/A	-4.42%
2011	N/A	-9.31%

MPRO vs FJP Drawdown Comparison

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

The maximum drawdown for FJP was -41.51%, occurring on Mar 16, 2020. Recovery took 1551 trading sessions.

The current MPRO drawdown is -0.53%. The current FJP drawdown is -5.87%.

Rank	MPRO	FJP
#1	-14.51% Jan 4, 2022 - Feb 1, 2024	-41.51% Jan 23, 2018 - Mar 22, 2024
#2	-9.64% Sep 30, 2024 - Jul 23, 2025	-25.37% Aug 2, 2011 - May 14, 2013
#3	-5.67% Feb 27, 2026 - May 28, 2026	-22.46% May 22, 2015 - Mar 13, 2017
#4	-3.97% Nov 8, 2021 - Dec 27, 2021	-17.02% Mar 25, 2025 - May 21, 2025
#5	-3.84% Mar 28, 2024 - May 15, 2024	-16.43% May 21, 2013 - Jan 17, 2014
#6	-2.56% Nov 28, 2025 - Jan 9, 2026	-15.08% Mar 27, 2024 - Feb 18, 2025
#7	-2.45% Oct 27, 2025 - Nov 26, 2025	-14.43% Feb 25, 2026 - Mar 20, 2026
#8	-1.81% May 7, 2021 - Jun 1, 2021	-12.64% Jul 28, 2014 - Feb 20, 2015
#9	-1.80% May 15, 2024 - Jun 5, 2024	-10.47% Jan 22, 2014 - Jun 18, 2014
#10	-1.71% Aug 2, 2024 - Aug 15, 2024	-7.21% May 10, 2011 - Jul 5, 2011
#11	-1.70% Sep 3, 2021 - Oct 19, 2021	-6.57% Sep 15, 2025 - Nov 10, 2025
#12	-1.68% Sep 11, 2025 - Oct 1, 2025	-4.37% Jun 27, 2025 - Jul 23, 2025
#13	-1.58% Jun 10, 2021 - Jul 29, 2021	-4.12% Mar 28, 2017 - May 3, 2017
#14	-1.31% Jul 28, 2026 - Jul 31, 2026	-3.98% Nov 14, 2025 - Nov 26, 2025
#15	-1.23% Apr 16, 2021 - Apr 28, 2021	-3.56% Apr 28, 2015 - May 18, 2015

Correlation

Correlation between MPRO and FJP is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2011 - 2026)

MPRO vs FJP dividend yield comparison.

Year	MPRO	FJP
2026	0.73%	0.78%
2025	1.93%	2.68%
2024	1.64%	3.18%
2023	1.40%	3.49%
2022	1.09%	2.21%
2021	0.95%	2.43%
2020	0.00%	0.99%
2019	0.00%	2.80%
2018	0.00%	1.54%
2017	0.00%	1.29%
2016	0.00%	1.46%
2015	0.00%	0.85%
2014	0.00%	1.08%
2013	0.00%	0.70%
2012	0.00%	1.61%
2011	0.00%	0.62%