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Launched

Toews Agility Shares Hedged Risk ETF

HRSKNYSE ArcaToewsF

$24.810.00 (0.00%)

As of Nov 10, 2026, 10:15 AM ET

F23/ 100

Rank 50 of 51 in S&P 500 Option Income

F23/100Rank 50 of 51inS&P 500 Option Income
Intraday session: flat, 7 prints from 24.81 to 24.81. Range 24.80 to 25.24. Use the arrow keys to read each point.25.0025.1025.2010 AM12 PM2 PM4 PM
Expense ratio
0.95%*
Fund size
$33M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
120
Avg volume · 30D
6.06K sh
52W range
low $24.06high $27.31
Launched

*After a fee waiver that ends Aug 31, 2027. Without it: 1.24%.

The ETF.net HRSK Grade

Based on 5 of 6 pillars

F

Score 23 out of 100

Category
S&P 500 Option Income⁠
Rank
50 of 51
Six-pillar profile for HRSK. Scores out of 100: Cost 14, Risk 37, Mission not scored, Tradability 12, Holdings 46, Durability 26. Strongest: Holdings (46). Weakest: Tradability (12). Based on 5 of 6 pillars.

Score 23 of 100 falls in the F 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.
    F14 out of 100
    Rank 43 of 51

  • 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.
    D37 out of 100
    Rank 35 of 51

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F12 out of 100
    Rank 51 of 51

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 26 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D26 out of 100
    Rank 49 of 51

Our read on HRSK

ETF.net Research

In short

FMost 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

  • The 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
  • No 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
  • Launched 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
  • Toews has run managed-risk strategies since 1994, so the hedging playbook here is older than the ETF wrapper around it.prnewswire.com

Worth knowing

  • At 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.
  • Small asset base and light trading, so bid-ask spreads can run wider than the category heavyweights'.
  • Protection 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 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$9,594
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. HRSK $9,594. SPY $9,758. Use the arrow keys to read each point.$9,500$9,750$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 yearNo data
1 month−3.8%
3 months−4.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−2.6%

Since listing, Jun 15, 2026

HRSK in the news

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 Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jun 2026. No distributions yet.

HRSK Risk

Risk pillarD37 out of 100Rank 35 of 51 in S&P 500 Option Income
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.

FMP measures it over up to five years of monthly returns.

HRSK Cost

Compare HRSK and PEPS

Overpaying vs PEPS, cheapest in S&P 500 Option Income

$15,763

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HRSK 0.95%

    $17,869

  • PEPS 0.10% Cheapest

    $2,106

$10,000
30 years

Cost over time

  • HRSK 0.95%
  • PEPS 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530HRSK $17,869PEPS $2,106

Year by year

YearHRSKPEPSOverpaying
10$1,678$183$1,495
20$6,322$717$5,605
30$17,869$2,106$15,763
How the 0.95% is worked out

Full fee 1.24%− waiver 0.29%= you pay 0.95%

The waiver ends Aug 31, 2027. After that the fee is 1.24% unless Toews renews it. Source: prospectus, Jun 2026.

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