MSMR

McElhenny Sheffield Managed Risk ETF 

A tactical investing strategy based on the combination of McElhenny Sheffield’s Trend Plus and Sector Rotation strategies. Trend Plus is a rules-based trend following strategy that strives to participate in market upside while avoiding the downside. Sector Rotation is a rules-based momentum strategy that is designed to capitalizes on sectors with strong momentum and aims to avoid sectors and markets that exhibit weakness.

Why MSMR?

  • Provide investors with access to disciplined trend following and momentum strategies having defined allocations and trading rules.
  • Use of a fully tactical quantitative approach is designed to give MSMR the opportunity to adjust and invest appropriately for each market environment.
  • Both strategies are focused on delivering growth, but with an emphasis on risk management through stop loss techniques and use of defensive allocations.
  • Combination strategy is designed to offer built-in diversification to two powerful market characteristics: momentum and trend.

Fund Details

Current as of 05/17/2024

Fund Ticker MSMR
Fund Name McElhenny Sheffield Managed Risk ETF
Primary Exchange Cboe
CUSIP 26922B774
ISIN US26922B7745
Net Assets 50,822,650.58
Expense Ratio 0.96%
30 Day Median Bid- Ask % 0.23
Inception Date 11/16/2021
Shares Outstanding 1,850,000.00
Distributor Quasar Distributors
Advisor Aptus Capital Advisors
Sub Advisor McElhenny Sheffield Capital Management

Fund Objectives

The McElhenny Sheffield Managed Risk ETF seeks capital appreciation while managing downside risk.

Fund Prices

Current as of 05/17/2024

NAV MARKET PRICE
Net Asset Value 27.47 Closing Price 27.51
Daily Change $ 0.00 Daily Change $ 0.02
Daily Change % 0.01 Daily Change % 0.09
Premium/Discount % 0.14

Premium Discount Disclaimer

* The following Frequency Distribution of Premiums and Discounts chart is provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to their daily net asset value (NAV). The chart represents past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than NAV when those shares are sold because shares are bought and sold at current market prices.

Fund Performance

Monthly
as of 04/30/2024
Quarterly
as 03/31/2024
NAV % Market % NAV % Market %
1 Month -4.1 -4.39 2.23 2.48
3 Month 2.69 2.62 9.27 9.48
1 Year 22.07 22.38 26.37 26.91
3 Year - - - -
5 Year - - - -
YTD 4.8 4.67 9.27 9.48
Since Inception 8.18 8.26 12.8 13.23
Since Inception Annualized 3.26 3.29 5.21 5.38

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period. Performance is annualized for periods greater than 1 year.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be lower or higher than that quoted. Short-term performance in particular is not a good indication of the fund’s future performance and an investment should not be made solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

MSMR Fund Holdings

Current as of 05/17/2024

Stock TickerCusipSecurity DescSharesPriceMarket ValueWeightingsEffective Date
FNCL316092501Fidelity MSCI Financials Index ETF128,068.0059.747,650,782.3215.05%05/20/2024
IHE464288836iShares U.S. Pharmaceuticals ETF152,520.0066.0710,076,996.4019.83%05/20/2024
ITOT464287150iShares Core S&P Total U.S. Stock Market ETF41,662.00116.354,847,373.709.54%05/20/2024
QQQM46138G649Invesco Nasdaq 100 ETF110,509.00185.9120,544,728.1940.42%05/20/2024
XLI81369Y704Industrial Select Sector SPDR Fund60,244.00125.337,550,380.5214.86%05/20/2024
Cash&OtherCash&OtherCash & Other151,238.821.00151,238.820.30%05/20/2024

Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.