MRSK vs BGH

Comparison between TOEWS AGILITY SHARES MANAGED RISK ETF (MRSK, ETF) and Barings Global Short Duration High Yield Fund (BGH, ETF).

5-Year PerformanceMRSK has outperformed BGH, delivering a return of +7.6% compared to +6.9%

MRSK vs BGH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRSK(ETF)	BGH(ETF)
Net Assets	$300M	$300M
Expense Ratio	0.98%	N/A
Max Drawdown	24.34%	63.84%
Sharpe Ratio	0.97	0.04
5Y Beta	0.58	0.42
5Y Dividends CAGR	-35.14%	7.64%

Net Assets

Winner

MRSK

$300M

BGH

$300M

Expense Ratio

MRSK

0.98%

BGH

N/A

Max Drawdown

Winner

MRSK

24.34%

BGH

63.84%

Sharpe Ratio

Winner

MRSK

0.97

BGH

0.04

5Y Beta

MRSK

0.58

Winner

BGH

0.42

5Y Dividends CAGR

MRSK

-35.14%

Winner

BGH

7.64%

MRSK vs BGH - Historical Returns

Returns include dividend reinvestment.

Period	MRSK	BGH
1 month	+0.85%	+3.52%
3 months	+5.28%	+3.57%
6 months	+4.90%	-0.28%
1 year	+14.32%	+2.97%
5 years(CAGR)	+7.62%	+6.87%
10 years(CAGR)	N/A	+7.60%
Max(CAGR)	+11.08%	+6.35%

MRSK

+0.85%

Winner

BGH

+3.52%

Winner

MRSK

+5.28%

BGH

+3.57%

Winner

MRSK

+4.90%

BGH

-0.28%

Winner

MRSK

+14.32%

BGH

+2.97%

5Y(CAGR)

Winner

MRSK

+7.62%

BGH

+6.87%

10Y(CAGR)

MRSK

N/A

BGH

+7.60%

Max(CAGR)

Winner

MRSK

+11.08%

BGH

+6.35%

MRSK vs BGH - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	MRSK	BGH
2026	+5.13%	+0.75%
2025	+12.32%	+7.41%
2024	+15.04%	+26.25%
2023	+13.54%	+17.36%
2022	-12.22%	-19.43%
2021	+21.28%	+25.25%
2020	+16.38%	-5.04%
2019	N/A	+19.70%
2018	N/A	-8.56%
2017	N/A	+10.60%
2016	N/A	+29.79%
2015	N/A	-8.72%
2014	N/A	-1.88%
2013	N/A	+5.32%
2012	N/A	-4.35%

MRSK vs BGH Drawdown Comparison

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

The maximum drawdown for BGH was -48.74%, occurring on Mar 23, 2020. Recovery took 288 trading sessions.

The current MRSK drawdown is -0.33%. The current BGH drawdown is -6.78%.

Rank	MRSK	BGH
#1	-14.70% Dec 27, 2021 - Jul 17, 2023	-48.74% Feb 20, 2020 - Apr 13, 2021
#2	-12.22% Sep 7, 2023 - Feb 9, 2024	-26.63% Jan 6, 2022 - Feb 29, 2024
#3	-11.71% Dec 6, 2024 - Jul 21, 2025	-25.45% Jun 18, 2014 - Aug 18, 2016
#4	-7.82% Jan 27, 2026 - May 6, 2026	-20.85% Sep 4, 2018 - May 1, 2019
#5	-7.58% Jul 18, 2024 - Nov 6, 2024	-16.88% Sep 17, 2025 - Mar 30, 2026
#6	-5.49% Aug 6, 2020 - Dec 15, 2020	-15.51% Feb 21, 2025 - Jul 1, 2025
#7	-5.14% Sep 2, 2021 - Oct 28, 2021	-11.53% May 7, 2013 - Jan 6, 2014
#8	-4.97% Mar 27, 2024 - May 14, 2024	-9.18% May 3, 2019 - Jan 8, 2020
#9	-4.81% Oct 28, 2025 - Nov 28, 2025	-7.94% Oct 20, 2017 - Aug 7, 2018
#10	-4.11% Jul 31, 2023 - Sep 7, 2023	-6.58% Oct 26, 2016 - Nov 28, 2016
#11	-3.82% Dec 12, 2025 - Jan 27, 2026	-5.75% Nov 8, 2024 - Dec 2, 2024
#12	-3.70% Feb 24, 2021 - Mar 12, 2021	-5.54% Dec 6, 2024 - Feb 18, 2025
#13	-3.54% Jun 2, 2026 - Jul 10, 2026	-5.00% Nov 16, 2021 - Dec 31, 2021
#14	-3.33% Nov 5, 2021 - Dec 27, 2021	-4.51% Jul 13, 2021 - Aug 31, 2021
#15	-2.86% Jan 26, 2021 - Feb 3, 2021	-4.50% Dec 7, 2012 - Jan 18, 2013

Correlation

Correlation between MRSK and BGH is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2012 - 2026)

MRSK vs BGH dividend yield comparison.

Year	MRSK	BGH
2026	0.00%	5.09%
2025	0.37%	11.38%
2024	0.44%	9.72%
2023	0.60%	10.66%
2022	1.11%	9.99%
2021	14.20%	7.31%
2020	4.29%	9.10%
2019	0.00%	10.14%
2018	0.00%	12.11%
2017	0.00%	9.50%
2016	0.00%	9.61%
2015	0.00%	13.31%
2014	0.00%	14.41%
2013	0.00%	10.05%
2012	0.00%	0.71%