McElhenny Sheffield Managed Risk ETF (MSMR)

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The chart shows the growth of an initial investment of $10,000 in McElhenny Sheffield Managed Risk ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

McElhenny Sheffield Managed Risk ETF (MSMR) has returned -0.21% so far this year and 18.50% over the past 12 months.

Based on dividend-adjusted daily data since Nov 17, 2021, MSMR's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, your investment would double in approximately 7.5 years.

Historically, 53% of months were positive and 47% were negative. The best month was Jun 2023 with a return of +6.9%, while the worst month was Jan 2022 at -6.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 10 months.

On a daily basis, MSMR closed higher 53% of trading days. The best single day was Feb 6, 2026 with a return of +2.9%, while the worst single day was Dec 18, 2024 at -2.8%.

McElhenny Sheffield Managed Risk ETF has an annualized alpha of 6.56%, beta of 0.33, and R² of 0.32 versus S&P 500 Index. Calculated based on daily prices since November 18, 2021.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (56.54%) than losses (45.78%) — typical of diversified or defensive assets.
• Beta of 0.33 may look defensive, but with R² of 0.32 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.32 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

MSMR has a high expense ratio of 0.97%, indicating above-average management fees.

MSMR ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for McElhenny Sheffield Managed Risk ETF (MSMR) and compare them to a chosen benchmark (S&P 500 Index).

McElhenny Sheffield Managed Risk ETF provided a 1.96% dividend yield over the last twelve months, with an annual payout of $0.68 per share.

The table displays the monthly dividend distributions for McElhenny Sheffield Managed Risk ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the McElhenny Sheffield Managed Risk ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the McElhenny Sheffield Managed Risk ETF was 14.86%, occurring on Sep 19, 2022. Recovery took 203 trading sessions.

The current McElhenny Sheffield Managed Risk ETF drawdown is 4.33%.

The chart below shows the rolling one-month volatility.