MRSK vs BSMS

Comparison between TOEWS AGILITY SHARES MANAGED RISK ETF (MRSK, ETF) and INVESCO BULLETSHARES 2028 MUNICIPAL BOND ETF (BSMS, ETF).

5-Year PerformanceMRSK has outperformed BSMS, delivering a return of +8.1% compared to +0.0%

MRSK vs BSMS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MRSK(ETF)	BSMS(ETF)
Net Assets	$304M	$304M
Expense Ratio	0.98%	0.18%
Max Drawdown	24.34%	16.51%
Sharpe Ratio	1.14	0.08
5Y Beta	0.59	0.01
5Y Dividends CAGR	-35.14%	10.28%

Net Assets

MRSK

$304M

Winner

BSMS

$304M

Expense Ratio

MRSK

0.98%

Winner

BSMS

0.18%

Max Drawdown

MRSK

24.34%

Winner

BSMS

16.51%

Sharpe Ratio

Winner

MRSK

1.14

BSMS

0.08

5Y Beta

MRSK

0.59

Winner

BSMS

0.01

5Y Dividends CAGR

MRSK

-35.14%

Winner

BSMS

10.28%

MRSK vs BSMS - Historical Returns

Returns include dividend reinvestment.

Period	MRSK	BSMS
1 month	+1.80%	+0.54%
3 months	+6.34%	+0.21%
6 months	+5.67%	+1.31%
1 year	+17.78%	+4.08%
5 years(CAGR)	+8.07%	+0.05%
Max(CAGR)	+11.16%	+1.19%

Winner

MRSK

+1.80%

BSMS

+0.54%

Winner

MRSK

+6.34%

BSMS

+0.21%

Winner

MRSK

+5.67%

BSMS

+1.31%

Winner

MRSK

+17.78%

BSMS

+4.08%

5Y(CAGR)

Winner

MRSK

+8.07%

BSMS

+0.05%

Max(CAGR)

Winner

MRSK

+11.16%

BSMS

+1.19%

MRSK vs BSMS - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	MRSK	BSMS
2026	+4.56%	+0.91%
2025	+12.32%	+3.52%
2024	+15.04%	+1.13%
2023	+13.54%	+4.78%
2022	-12.22%	-9.86%
2021	+21.28%	+1.34%
2020	+16.38%	+6.50%
2019	N/A	+0.22%

MRSK vs BSMS Drawdown Comparison

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

The maximum drawdown for BSMS was -14.95%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The current MRSK drawdown is -0.68%. The current BSMS drawdown is -0.96%.

Rank	MRSK	BSMS
#1	-14.70% Dec 27, 2021 - Jul 17, 2023	-14.95% Jul 19, 2021 - Oct 31, 2022
#2	-12.22% Sep 7, 2023 - Feb 9, 2024	-14.01% Feb 27, 2020 - Jul 16, 2020
#3	-11.71% Dec 6, 2024 - Jul 21, 2025	-2.92% Feb 12, 2021 - Jun 8, 2021
#4	-7.82% Jan 27, 2026 - May 6, 2026	-2.40% Aug 10, 2020 - Nov 25, 2020
#5	-7.58% Jul 18, 2024 - Nov 6, 2024	-1.09% Sep 26, 2019 - Dec 3, 2019
#6	-5.49% Aug 6, 2020 - Dec 15, 2020	-0.66% Jun 10, 2021 - Jul 7, 2021
#7	-5.14% Sep 2, 2021 - Oct 28, 2021	-0.55% Jan 6, 2021 - Jan 28, 2021
#8	-4.97% Mar 27, 2024 - May 14, 2024	-0.43% Jan 31, 2020 - Feb 18, 2020
#9	-4.81% Oct 28, 2025 - Nov 28, 2025	-0.39% Jul 16, 2020 - Jul 20, 2020
#10	-4.11% Jul 31, 2023 - Sep 7, 2023	-0.32% Dec 4, 2019 - Dec 18, 2019
#11	-3.82% Dec 12, 2025 - Jan 27, 2026	-0.23% Dec 18, 2019 - Jan 2, 2020
#12	-3.70% Feb 24, 2021 - Mar 12, 2021	-0.16% Jan 17, 2020 - Jan 31, 2020
#13	-3.54% Jun 2, 2026 - Jun 10, 2026	-0.13% Nov 25, 2020 - Dec 7, 2020
#14	-3.33% Nov 5, 2021 - Dec 27, 2021	-0.13% Jul 8, 2021 - Jul 14, 2021
#15	-2.86% Jan 26, 2021 - Feb 3, 2021	-0.11% Dec 29, 2020 - Jan 4, 2021