VS
When evaluating costs, SCGR features a management fee (MER) of 0.9%, compared to 0.75% for MREL. Performance-wise, SCGR has returned 6.62% year-to-date with +$12 M in net flows, whereas MREL is at 5.73% with +$5 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
SCGR
MREL
| AuM | $22.25 M | $151.99 M |
| Management Fees | 0.90% | 0.75% |
| Exp. ratio | 1.25% | 1.21% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SCGR | -0.13% | -6.32% | +6.62% | +6.30% | +38.52% |
MREL | -1.26% | -9.25% | +5.73% | +5.79% | +46.56% | |
| Flows | SCGR | +$5 M | +$12 M | +$12 M | +$10 M | +$10 M |
MREL | +$1 M | -$2 M | +$5 M | +$3 M | +$45 M |
SCGR vs MREL exposure
Countries
SCGR
Exposure data will be available soon
MREL
Exposure data will be available soon
Sectors
SCGR
Exposure data will be available soon
MREL
Exposure data will be available soon
As of October 20, 2026
Top 10 Holdings
SCGR
Exposure data will be available soon
MREL
Exposure data will be available soon
Diversification
SCGR
Exposure data will be available soon
MREL
Exposure data will be available soon
Characteristics
Compare
SCGR
MREL
| Provider | Starlight Capital | Middlefield |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.30% | 6.52% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2018 | April 19, 2011 |
Frequently asked questions about SCGR and MREL
Which ETF has performed better year to date: SCGR or MREL?
As of October 20, 2026, SCGR has returned 6.62% year to date, while MREL has returned 5.73%. SCGR is ahead on YTD performance.
Which ETF is larger by assets under management: SCGR or MREL?
As of October 20, 2026, SCGR manages $22.25 M in assets, while MREL manages $151.99 M. MREL is the larger fund by AUM.
How are SCGR and MREL managed?
SCGR is actively managed by Starlight Capital. It does not track an index. MREL is actively managed by Middlefield. It does not track an index.
Which ETF is attracting more investor flows: SCGR or MREL?
Year to date, SCGR has seen +$12.05 M in net flows, compared with +$4.84 M for MREL. SCGR has attracted more net investor money so far.
How do the fees of SCGR and MREL compare?
SCGR has an expense ratio of 1.25%, while MREL has an expense ratio of 1.21%.
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