MRSK vs JCE

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

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

MRSK vs JCE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

MRSK

$293M

JCE

$292M

Expense Ratio

MRSK

0.98%

JCE

N/A

Max Drawdown

Winner

MRSK

24.34%

JCE

64.90%

Sharpe Ratio

Winner

MRSK

1.19

JCE

0.85

5Y Beta

Winner

MRSK

0.58

JCE

0.80

5Y Dividends CAGR

MRSK

-35.14%

Winner

JCE

10.60%

MRSK vs JCE - Historical Returns

Returns include dividend reinvestment.

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

Winner

MRSK

+1.84%

JCE

-0.25%

MRSK

+3.52%

Winner

JCE

+4.73%

MRSK

+3.77%

Winner

JCE

+5.47%

Winner

MRSK

+17.44%

JCE

+15.61%

5Y(CAGR)

MRSK

+7.78%

Winner

JCE

+11.34%

10Y(CAGR)

MRSK

N/A

JCE

+12.44%

Max(CAGR)

Winner

MRSK

+11.01%

JCE

+9.79%

MRSK vs JCE - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

MRSK vs JCE Drawdown Comparison

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

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

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

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

Correlation

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

0.98

-101

Dividend Comparison (2007 - 2026)

MRSK vs JCE dividend yield comparison.

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