Monarch Ambassador Income ETF (MAMB) Performance
MAMB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.5% since Dec 31, 2025
- 1 year
- −0.6% total return
- 5 years
- +0.3% a year
- Since first price
- +0.6% a year since 2021
MAMB trailing returns vs AGG, TLT, SPY
| Period | MAMB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | −0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.4% | −1.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.6% | −3.9% | −1.5% | −3.8% | +7.8% |
| YTD | −0.5% | −2.3% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.6% | −3.3% | −1.1% | −6.9% | +14.4% |
| 3 years | +21.4%+6.7%/yr | +13.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +1.7%+0.3%/yr | −7.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMar 24, 2021 | +3.3%+0.6%/yr | −6.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MAMB vs AGG
From Mar 24, 2021: MAMB grew to $10,328, AGG to $10,018.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MAMB returns by calendar year
3 of 4 full years positive. Best 2025 (+10.7%), worst 2022 (−13.0%). 2026 is year to date.
MAMB annual returns table
| Year | MAMB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.5% | −5.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +10.7% | −2.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.3% | −4.8% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.9% | −8.9% | +5.7% | +2.8% | +26.2% |
| 2022 | −13.0% | −17.5% | −13.0% | −31.2% | −18.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MAMB largest drawdowns
Now 4.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 3, 2021 | −19.3% | Oct 20, 2022 | Oct 13, 2025 | 1.1 years | 4.1 years |
| Feb 27, 2026 | −5.8% | Oct 7, 2026 | not yet | 7 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
MAMB risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +5.7% | −0.0% | +0.3% |
| Volatility (annualized) | 6.4% | 7.4% | 7.1% |
| Sharpe ratio | 0.22 | -0.46 | -0.39 |
| Sortino ratio | 0.31 | -0.58 | -0.50 |
| Best month | +4.9% | +4.9% | +4.9% |
| Worst month | −3.1% | −5.0% | −5.0% |
| Best 12 months | +13.5% | +13.5% | +13.5% |
| Worst 12 months | −0.4% | −17.4% | −17.4% |
| Positive months | 64% | 52% | 53% |
| Beta vs S&P 500 | 0.26 | 0.29 | — |
| Correlation with S&P 500 | 0.51 | 0.62 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MAMB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 56 | −17.4% | +1.6% | +13.5% | 64% |
| 3-year (a year) | 32 | −4.0% | +2.2% | +7.0% | 59% |
| 5-year (a year) | 8 | −0.0% | +0.5% | +1.0% | 88% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
MAMB performance overview
Monarch Ambassador Income ETF (MAMB) returned −0.6% over the past year and +0.3% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +0.6% a year, turning $10,000 into about $10,328. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −19.3%, from Sep 3, 2021 to Oct 20, 2022, and it took 3.0 years to get back to the old high. MAMB finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+10.7%) and the worst 2022 (−13.0%). Volatility has been 7.1% a year.
Related: MAMB chart, MAMB dividends, MAMB bond profile. See the MAMB overview for the latest quote and fund facts.
MAMB performance FAQ
What is the MAMB return over the past year?
MAMB returned −0.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.3%.
What is the average annual return of MAMB?
MAMB has returned +0.3% a year over 5 years, +0.6% a year since March 24, 2021 (total return, distributions reinvested).
How much would $10,000 invested in MAMB be worth?
$10,000 invested in MAMB at its first recorded close on March 24, 2021 would be worth about $10,328 on October 23, 2026 with distributions reinvested.
What was the worst year for MAMB?
The worst calendar year was 2022, with a total return of −13.0%. The best was 2025 at +10.7%.
What is the biggest drawdown of MAMB?
The largest peak-to-trough decline was −19.3% between September 3, 2021 and October 20, 2022. It recovered to the old high on October 13, 2025, 3.0 years after the bottom.
How volatile is MAMB?
Over the past 3 years MAMB had an annualized volatility of 6.4% and a Sharpe ratio of 0.22 (excess return over 1–3 month T-bills per unit of risk).