# Toews Agility Shares Managed Risk ETF (MRSK): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mrsk for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Toews · Asset class: Asset allocation - Strategy: Thematic · Inception: 2020-06-25 To achieve its investment objective, the fund's adviser strategically allocates capital across a diversified range of assets. This portfolio encompasses equity and equity index futures, as well as various options contracts, specifically those tied to equity indices, equity index futures, and exchange-traded funds (ETFs). The fund also invests in ETFs that primarily hold common stocks or fixed income securities. Furthermore, direct investments are made in common stocks, fixed income securities, and highly liquid cash or cash equivalents. ## Key Facts | Metric | Value | |---|---| | Price | $39.64 | | Expense Ratio | 0.98% | | Assets Under Management | $321.2M | | NAV | $39.41 | | Holdings Count | 5 | | Distribution Yield (TTM) | 0.35% | | Annual Distribution (TTM) | $0.14 /share | | Distribution Frequency | Irregular | | 52-Week Range | $34.50 – $41.71 | | Beta | 0.66 | ## Latest Distribution - Amount: $0.0429 /share - Ex-date: 2025-12-30 - Pay date: 2026-01-05 ## Frequently Asked Questions ### What does MRSK invest in? To achieve its investment objective, the fund's adviser strategically allocates capital across a diversified range of assets. This portfolio encompasses equity and equity index futures, as well as various options contracts, specifically those tied to equity indices, equity index futures, and exchange-traded funds (ETFs). The fund also invests in ETFs that primarily hold common stocks or fixed income securities. Furthermore, direct investments are made in common stocks, fixed income securities, and highly liquid cash or cash equivalents. ### What is the expense ratio of MRSK? Toews Agility Shares Managed Risk ETF (MRSK) charges an expense ratio of 0.98%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MRSK? Toews Agility Shares Managed Risk ETF (MRSK) manages $321.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MRSK actively managed or an index fund? MRSK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MRSK launched? Toews Agility Shares Managed Risk ETF (MRSK) launched in June 2020 and is managed by Toews. ### How has MRSK performed? MRSK's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does MRSK pay a dividend? Toews Agility Shares Managed Risk ETF (MRSK) currently distributes little or no income. Trailing-twelve-month yield is 0.35%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MRSK pay dividends? Toews Agility Shares Managed Risk ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MRSK's dividend yield? MRSK's trailing-twelve-month yield is 0.35%, calculated from the sum of dividends over the past year divided by the current price. ### When is MRSK's next ex-dividend date? The most recently announced ex-dividend date for MRSK was 2025-12-30. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will MRSK's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.98% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MRSK charge its expense ratio? The expense ratio is deducted in tiny daily slices from MRSK's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MRSK cost more than a fund like VOO? MRSK's strategy (current expense ratio 0.98%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MRSK sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MRSK? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MRSK (0.98%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mrsk - Distribution history: https://www.dividenddata.com/funds/mrsk/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mrsk/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mrsk/expenses - Peer comparison: https://www.dividenddata.com/funds/mrsk/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.