- What does MSMR invest in?
- The fund is an actively managed exchange-traded fund (“ETF”) that employs proprietary trend-based and sector rotation strategies developed by the fund’s investment sub-adviser. The fund invests in shares of other ETFs based on a rules-based process managed by the sub-adviser that reflects a blend of the sub-adviser’s trend-based and sector rotation strategies. The fund is non-diversified.
- What is the expense ratio of MSMR?
- McElhenny Sheffield Managed Risk ETF (MSMR) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MSMR?
- McElhenny Sheffield Managed Risk ETF (MSMR) manages $151.2M 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 MSMR actively managed or an index fund?
- MSMR is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MSMR's is 0.99%) in exchange for the discretion to over- or under-weight positions.
- When was MSMR launched?
- McElhenny Sheffield Managed Risk ETF (MSMR) launched in November 2021 and is managed by McElhenny Sheffield.
- How has MSMR performed?
- MSMR'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.
