JCE vs MRSK

Comparison between Nuveen Core Equity Alpha Fund (JCE, ETF) and TOEWS AGILITY SHARES MANAGED RISK ETF (MRSK, ETF).

5-Year PerformanceJCE has outperformed MRSK, delivering a return of +11.3% compared to +7.8%

JCE vs MRSK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JCE(ETF)	MRSK(ETF)
Net Assets	$292M	$293M
Expense Ratio	N/A	0.98%
Max Drawdown	64.90%	24.34%
Sharpe Ratio	0.85	1.19
5Y Beta	0.80	0.58
5Y Dividends CAGR	10.60%	-35.14%

Net Assets

JCE

$292M

Winner

MRSK

$293M

Expense Ratio

JCE

N/A

MRSK

0.98%

Max Drawdown

JCE

64.90%

Winner

MRSK

24.34%

Sharpe Ratio

JCE

0.85

Winner

MRSK

1.19

5Y Beta

JCE

0.80

Winner

MRSK

0.58

5Y Dividends CAGR

Winner

JCE

10.60%

MRSK

-35.14%

JCE vs MRSK - Historical Returns

Returns include dividend reinvestment.

Period	JCE	MRSK
1 month	-0.25%	+1.84%
3 months	+4.73%	+3.52%
6 months	+5.47%	+3.77%
1 year	+15.61%	+17.44%
5 years(CAGR)	+11.34%	+7.78%
10 years(CAGR)	+12.44%	N/A
Max(CAGR)	+9.79%	+11.01%

JCE

-0.25%

Winner

MRSK

+1.84%

Winner

JCE

+4.73%

MRSK

+3.52%

Winner

JCE

+5.47%

MRSK

+3.77%

JCE

+15.61%

Winner

MRSK

+17.44%

5Y(CAGR)

Winner

JCE

+11.34%

MRSK

+7.78%

10Y(CAGR)

JCE

+12.44%

MRSK

N/A

Max(CAGR)

JCE

+9.79%

Winner

MRSK

+11.01%

JCE vs MRSK - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	JCE	MRSK
2026	+4.73%	+3.39%
2025	+11.45%	+12.32%
2024	+28.16%	+15.04%
2023	+12.70%	+13.54%
2022	-12.92%	-12.22%
2021	+50.42%	+21.28%
2020	+3.73%	+16.38%
2019	+30.21%	N/A
2018	-10.86%	N/A
2017	+31.07%	N/A
2016	+1.74%	N/A
2015	+0.50%	N/A
2014	+19.62%	N/A
2013	+35.38%	N/A
2012	+14.23%	N/A
2011	+2.56%	N/A
2010	+19.72%	N/A
2009	+32.50%	N/A
2008	-34.35%	N/A
2007	-11.96%	N/A

JCE vs MRSK Drawdown Comparison

The maximum drawdown for JCE was -57.60%, occurring on Mar 9, 2009. Recovery took 951 trading sessions.

The maximum drawdown for MRSK was -14.70%, occurring on Jun 16, 2022. Recovery took 389 trading sessions.

The current JCE drawdown is -3.18%. The current MRSK drawdown is -1.79%.

Rank	JCE	MRSK
#1	-57.60% Apr 19, 2007 - Jan 26, 2011	-14.70% Dec 27, 2021 - Jul 17, 2023
#2	-43.39% Feb 14, 2020 - Jan 20, 2021	-12.22% Sep 7, 2023 - Feb 9, 2024
#3	-30.15% Dec 31, 2021 - Mar 13, 2024	-11.71% Dec 6, 2024 - Jul 21, 2025
#4	-28.91% Aug 8, 2018 - Dec 27, 2019	-7.82% Jan 27, 2026 - May 6, 2026
#5	-21.74% Jun 30, 2011 - Feb 7, 2012	-7.58% Jul 18, 2024 - Nov 6, 2024
#6	-19.02% Feb 19, 2025 - Jul 25, 2025	-5.49% Aug 6, 2020 - Dec 15, 2020
#7	-18.87% Mar 23, 2015 - Jul 11, 2016	-5.14% Sep 2, 2021 - Oct 28, 2021
#8	-12.12% Jul 29, 2014 - Nov 20, 2014	-4.97% Mar 27, 2024 - May 14, 2024
#9	-11.72% Jul 21, 2016 - Feb 21, 2017	-4.81% Oct 28, 2025 - Nov 28, 2025
#10	-10.87% Jan 27, 2026 - Apr 15, 2026	-4.11% Jul 31, 2023 - Sep 7, 2023
#11	-10.02% Oct 5, 2012 - Jan 16, 2013	-3.82% Dec 12, 2025 - Jan 27, 2026
#12	-9.26% May 1, 2012 - Sep 12, 2012	-3.70% Feb 24, 2021 - Mar 12, 2021
#13	-9.17% May 21, 2013 - Jul 15, 2013	-3.33% Nov 5, 2021 - Dec 27, 2021
#14	-9.05% Jan 26, 2018 - May 21, 2018	-2.86% Jan 26, 2021 - Feb 3, 2021
#15	-8.34% Jan 21, 2014 - Feb 26, 2014	-2.72% May 7, 2021 - May 27, 2021

Correlation

Correlation between JCE and MRSK is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2007 - 2026)

JCE vs MRSK dividend yield comparison.

Year	JCE	MRSK
2026	2.11%	0.00%
2025	8.03%	0.37%
2024	8.05%	0.44%
2023	9.45%	0.60%
2022	17.22%	1.11%
2021	9.89%	14.20%
2020	6.57%	4.29%
2019	6.84%	0.00%
2018	9.23%	0.00%
2017	17.33%	0.00%
2016	8.68%	0.00%
2015	19.27%	0.00%
2014	14.38%	0.00%
2013	8.51%	0.00%
2012	8.09%	0.00%
2011	8.66%	0.00%
2010	10.14%	0.00%
2009	7.04%	0.00%
2008	15.53%	0.00%
2007	7.89%	0.00%