MSMR ETF — McElhenny Sheffield Managed Risk ETF

McElhenny Sheffield Managed Risk ETF (MSMR)

Updated October 16, 2026.

MSMR is an ETF. its distribution rate is 1.84%, its trailing-12-month yield is 2.12%, its expense ratio is 1.06%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 48.6% over the past 4.9 years, 25.7 points behind SPY at 74.3%.

McElhenny Sheffield Managed Risk ETF is an actively managed equity fund that employs proprietary trend-based and sector rotation strategies, allocating approximately half its assets to each approach to navigate market movements. The fund carries a modest current distribution rate with quarterly distributions and charges an expense ratio of 1.06%. It appeals to income-focused equity investors seeking a managed-risk approach rather than passive index tracking.

MSMR performance versus SPY

Price and return data through 2026-10-16.

Total return is 48.6% over the past 4.9 years, 25.7 points behind SPY at 74.3%. Over the past year its total return — price change plus distributions reinvested — is 4.0%. Its deepest 1-year drawdown was 9.4%.

MSMR key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

1.78%

Issuer

MSCM Funds

Asset type

ETF

Asset class

Equity

Inception date

11/16/2021

Expense ratio

1.06%

Distribution rate

1.84%

Distribution frequency

Quarterly

Trailing yield

2.12%

Last close

$34.52 (as of 2026-10-16)

AUM

$180,114,852

Average volume

7611.0

Dividend

$0.159

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

0.73

How Dividend Vision calculates yield and returns

Distribution rate (1.84%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.12%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: MSCM Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MSMR risks and drawbacks

MSMR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.4%.

Who may consider MSMR — and who may not

MSMR may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (MSMR pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MSMR

• All tickers starting with M

Frequently asked questions

More securities from MSCM Funds.