Monarch Volume Factor Dividend Tree ETF (MVFD) Valuation
MVFD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 16.6 trailing earnings
- Forward P/E
- 12.6 analyst estimates
- Price / sales
- 1.24
- Price / book
- 2.53
- EV / EBITDA
- 10.4
- Earnings yield
- 6.02% inverse of P/E
- Dividend yield
- 2.78% of the holdings
- Return on equity
- 15.2% combined
- Net margin
- 7.5% combined
- Beta
- 0.91 weighted, vs S&P 500
MVFD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MVFD | 16.6 | 12.6 | 1.24 | 2.53 | 2.78% | 15.2% | 7.5% | 1.6% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
MVFD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 45.6% | 13.1 | 10.3 | 1.60 | 2.21 | 3.37% | 16.9% |
| Industrials | 11.9% | 28.9 | 18.6 | 1.31 | 3.62 | 2.22% | 12.5% |
| Technology | 10.6% | 22.0 | 17.1 | 3.53 | 7.84 | 2.04% | 35.7% |
| Consumer Defensive | 8.9% | 36.4 | 15.1 | 1.53 | 3.19 | 2.61% | 8.8% |
| Consumer Cyclical | 8.8% | 13.4 | 12.8 | 0.62 | 1.83 | 2.53% | 13.7% |
| Healthcare | 8.1% | 24.3 | 17.8 | 0.84 | 2.73 | 1.81% | 11.3% |
| Energy | 2.8% | 20.8 | 20.3 | 0.39 | 23.72 | 1.33% | 114.3% |
| Communication Services | 2.5% | 10.8 | 8.1 | 1.06 | 0.74 | 4.00% | 6.9% |
MVFD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How MVFD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MVFD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| LW | Lamb Weston Holdings, Inc. | 3.70% | 29.3 | 14.7 | 1.1 | 2.84% | 2.11% |
| ADP | Automatic Data Processing, Inc. | 3.25% | 26.4 | 22.0 | 5.2 | 2.35% | 2.07% |
| VRSK | Verisk Analytics, Inc. | 3.15% | 29.3 | 20.1 | 8.0 | 1.05% | 1.80% |
| ELV | Elevance Health Inc. | 2.92% | 19.0 | 13.7 | 0.5 | 1.61% | 2.58% |
| DK | Delek US Holdings, Inc. | 2.84% | 20.8 | 20.3 | 0.4 | 1.33% | 2.29% |
| SJM | The J. M. Smucker Company | 2.83% | 59.5 | 12.0 | 1.5 | 3.52% | 0.80% |
| FDS | FactSet Research Systems Inc. | 2.78% | 20.7 | 13.9 | 4.3 | 1.54% | 2.25% |
| RPRX | Royalty Pharma plc | 2.65% | 32.4 | 29.4 | 13.9 | 1.54% | 1.37% |
| TTEK | Tetra Tech, Inc. | 2.60% | 20.9 | 19.9 | 2.0 | 0.83% | 2.09% |
| AFL | Aflac Incorporated | 2.59% | 12.9 | 15.2 | 3.3 | 2.03% | 3.37% |
| ACN | Accenture plc | 2.59% | 16.9 | 12.4 | 1.9 | 2.98% | 2.57% |
| MC | Moelis & Company | 2.59% | 19.0 | 13.4 | 2.6 | 4.77% | 2.28% |
| MET | MetLife, Inc. | 2.58% | 19.3 | 10.5 | 0.8 | 2.35% | 2.24% |
| TRV | The Travelers Companies, Inc. | 2.57% | 10.5 | 10.8 | 1.7 | 1.28% | 4.12% |
| PAYC | Paycom Software, Inc. | 2.57% | 26.6 | 16.7 | 5.3 | 0.60% | 1.62% |
| EG | Everest Group, Ltd. | 2.56% | 8.2 | 6.2 | 0.9 | 2.06% | 5.20% |
| PRI | Primerica, Inc. | 2.55% | 11.4 | 14.0 | 2.5 | 1.70% | 3.76% |
| MORN | Morningstar, Inc. | 2.55% | 19.7 | 19.8 | 3.0 | 0.96% | 2.16% |
| UNH | UnitedHealth Group Incorporated | 2.53% | 25.8 | 16.6 | 0.8 | 2.31% | 1.64% |
| BFH | Bread Financial Holdings, Inc. | 2.50% | 8.0 | 7.6 | 1.5 | 0.90% | 5.28% |
| SIRI | Sirius XM Holdings Inc | 2.49% | 10.8 | 8.1 | 1.1 | 4.00% | 3.87% |
| AIZ | Assurant, Inc. | 2.49% | 13.6 | 10.9 | 1.0 | 1.24% | 3.07% |
| OWL | Blue Owl Capital Inc. | 2.49% | 73.8 | 9.8 | 4.6 | 10.28% | 0.56% |
| KTB | Kontoor Brands, Inc. | 2.46% | 17.9 | 14.5 | 1.2 | 2.89% | 2.30% |
| CNO | CNO Financial Group, Inc. | 2.43% | 18.9 | 9.7 | 1.1 | 1.32% | 2.15% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About MVFD valuation
Adding up its 40 holdings with company data, MVFD trades at 16.6 times trailing earnings and 12.6 times analysts' forward estimates, with a price-to-book ratio of 2.53 and a dividend yield of 2.78%. Its earnings yield of 6.02% is 0.69 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 29.3% of the fund and earn 20.7% of its combined profit. By sector, Consumer Defensive is the most expensive at 36.4 times earnings and Communication Services the cheapest at 10.8. Companies that lost money over the past year are 1.6% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: MVFD chart, MVFD performance, MVFD holdings, MVFD dividends.
MVFD valuation FAQ
What is the P/E ratio of MVFD?
Based on its holdings, MVFD has a trailing P/E of 16.6 and a forward P/E of 12.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MVFD?
The trailing earnings yield is 6.02% (1 ÷ P/E) and the forward earnings yield 7.93%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MVFD more expensive than the S&P 500?
MVFD trades at 16.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.6 and 19.9.
What is the price-to-book ratio of MVFD?
The holdings of MVFD trade at 2.53 times book value, with a combined return on equity of 15.2%.
Which sector in MVFD has the highest P/E?
Consumer Defensive has the highest P/E at 36.4 and Communication Services the lowest at 10.8.