Leupold mk4HD 1-4.5 TMR

I am looking into upgrading the optic setup on my 11.5 Sig MCX Virtus.

I am currently using an Sig Tango MSR 1-6 SFP and was wondering if anyone has had any experience with the Leupold mk4HD 1-4.5 TMR Firedot.

The main use of this rife would be a small foldable ‘marksman’ rifle with an engagement range of 0-100m. I am open to any other optic suggestions my budget is 1500.