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ETFs

Toews Agility Shares Managed Risk ETF

MRSK
$--
Today’s Change
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Snapshot
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Inception Date
Jun 25 2020
Expense Ratio
0.98%
Type
Global Hedge Fund
Fund Owner
Toews Funds
Volume (1m avg. daily)
$1,735,081
AUM
$105,300,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
86.13%
n/a
BBH SWEEP VEHICLE
13.87%
n/a
S&P500 EMINI OPTN Dec24P
4.44%
n/a
S&P Emini 3rd Wk Nov23P
0.18%
n/a
S&P Emini 3rd Wk Oct23P
0.06%
n/a
S&P Emini 3rd Wk Oct23P
-1.18%
n/a
S&P Emini 3rd Wk Nov23P
-1.26%
n/a
Derivatives offset
-22.70%
Invest with MRSK

What is MRSK?

Toews Agility Shares Managed Risk ETFinvesting in: 1) equity and equity index futures, 2) equity index options, 3) options on equity index futures, 4) options on exchange traded funds ( ETFs ), 5) exchange traded funds ( ETFs ) that invest primarily in common stocks, 6) exchange traded funds ( ETFs ) that invest primarily in fixed income securities, 7) common stocks, 8) fixed income securities and 9) cash or cash equivalents. The Adviser s strategy in managing the Fund consists of two components: an equity market strategy and a fixed income market strategy.

ETFs related toMRSK

ETFs correlated to MRSK include USEP, GMAR, DJUL

MRSK
Northern Lights Fund Trust - Toews Agility Shares Managed Risk ETF
USEP
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - September
GMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - March
DJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - July
PSEP
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - September
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

MRSK is a Global Hedge Fund ETF. Toews Agility Shares Managed Risk ETFinvesting in: 1) equity and equity index futures, 2) equity index options, 3) options on equity index futures, 4) options on exchange traded funds ( ETFs ), 5) exchange traded funds ( ETFs ) that invest primarily in common stocks, 6) exchange traded funds ( ETFs ) that invest primarily in fixed income securities, 7) common stocks, 8) fixed income securities and 9) cash or cash equivalents. The Adviser s strategy in managing the Fund consists of two components: an equity market strategy and a fixed income market strategy.

Yes, MRSK is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MRSK is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MRSK is -0.0126%. This is the percent change in the value of MRSK over the most recent 1-month period. The 3-month return on MRSK is -0.0136%. This is the percent change in the value of MRSK over the most recent 3-month period.

The standard deviation of MRSK for the past year is 0.1151%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MRSK include PFF, PGF, and PGX.

ETFs correlated to MRSK include USEP, GMAR, and DJUL.

ETFs that are inversely correlated to MRSK include SDS, SPXS, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.