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Launched

Toews Agility Shares Hedged Risk ETF

HRSKNYSE ArcaD

$25.770.00 (0.00%)

As of Oct 13, 2026, 3:44 PM

D32/ 100

Rank 50 of 52 in S&P 500 Option Income

D32/100Rank 50 of 52inS&P 500 Option Income
Intraday session: flat, 4 prints from 25.77 to 25.77. Range 25.63 to 25.77. Use the arrow keys to read each point.25.6325.6525.6825.7025.7325.7510 AM12 PM2 PM4 PM
Expense ratio
0.95%
Fund size
$34M
1Y total return
—
Yield · Last 12 months
—
Holdings
122
Avg volume · 30D
0M sh
NAV per share
$25.65
52W range
low $24.06high $27.31
Launched

The ETF.net HRSK Grade

Based on 5 of 6 pillars

D

Score 32 out of 100

Category
S&P 500 Option Income⁠
Rank
50 of 52
Six-pillar profile for HRSK. Scores out of 100: Cost 16, Risk 53, Mission not scored, Tradability 39, Holdings 42, Durability 27. Strongest: Risk (53). Weakest: Cost (16). Based on 5 of 6 pillars.

Score 32 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F16 out of 100
    Rank 43 of 52

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 22 of 52

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 35 of 52

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 30 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D27 out of 100
    Rank 49 of 52

Our read on HRSK

ETF.net Research

DMost S&P 500 options funds sell away upside for premium. HRSK buys protection instead: long-dated puts on its large-cap sleeve, shorter-dated calls to help pay for them, and no stated cap on gains.

Stated mandate

The Fund seeks large-cap U.S. equity exposure while limiting adverse market risk through long-dated put options and using shorter-dated call options as part of its strategy.

Why people hold it

  1. 01The contrarian build in a crowd of premium sellers: it holds large-cap US equity, buys long-dated put options to limit downside, and writes shorter-dated calls as part of the strategy.prnewswire.com
  2. 02No stated performance cap, so the equity side isn't structurally boxed in on the upside the way covered-call and buffer payoffs are.prnewswire.com
  3. 03Launched in 2026 via a Section 351 exchange, which let eligible investors move appreciated holdings in tax deferred and keep their original cost basis.prnewswire.com
  4. 04Toews has run managed-risk strategies since 1994, so the hedging playbook here is older than the ETF wrapper around it.prnewswire.com

Worth knowing

  1. 01At 0.95% a year it runs above the 0.60% median for S&P 500 options funds, and rivals like IVVW (0.25%) and GPIX (0.35%) charge a fraction of it.
  2. 02Small asset base and light trading, so bid-ask spreads can run wider than the category heavyweights'.
  3. 03Protection isn't free: put premiums come out of returns in calm markets, and the 2026 launch leaves a short record of how the overlay acts in a deep selloff.

HRSK Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
122
Top-10 weight
55%
Largest holding
Bbh Sweep Vehicle17.6%

Geography

  • United States98.46%
  • Singapore0.92%
  • Ireland0.62%
The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Bbh Sweep Vehicle17.60%6,253,490$6M49
002XLKSs Tech Sel Sect6.55%11,700$2M36
003—S&P500 Emini Optn SEP28P5.84%92$2M1
004AVGOBroadcom Inc4.27%4,198$2M754
005XLVSs Health Care4.14%8,600$1M31
006AAPLApple Inc3.76%3,973$1M715
007—Receivables/Payables3.60%1,277,796$1M41
008XLFSs Financial Sel3.33%21,600$1M25
009MSFTMicrosoft Corp3.13%2,077$1M815
010XLISs Industrial3.10%6,500$1M23
011XLCSs Comm Slct Etf2.98%9,600$1M24
012XLYSs Consumer Disc2.76%8,700$982K22
013ILCGIshares Mornings2.13%6,355$757K1
014JPMJPMorgan Chase1.69%1,799$599K481
015NVDANVIDIA Corp1.54%2,391$548K847

Showing 1–15 of 122 holdings

HRSK Performance

Launched Jun 15, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
HRSK$10,070
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. HRSK $10,070. SPY $10,332. Use the arrow keys to read each point.$9,608$10,004$10,400Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HRSK. Periods over one year show the average yearly return.
PeriodHRSK
Year to dateFund launched this year—
1 month+1.6%
3 months+0.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HRSK
YearReturn barHRSK
2026 YTD+1.2%

Since listing, Jun 15, 2026

HRSK in the news

Filtered to HRSK · S&P 500 Option Income

HRSK Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jun 2026. No distributions yet.

HRSK Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.03
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

HRSK Cost

Expense ratio0.95%
  • The middle half of S&P 500 Option Income funds
  • Median 0.60%

41 of the 51 S&P 500 Option Income funds charge less.

HRSK costs $95.00 a year on $10,000. The median S&P 500 Option Income fund costs $60.00.

Other funds in S&P 500 Option Income

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