Simplified Access to Risk Management


diversification, transparency, liquidity, lower costs, and more

MRSK – Managed Risk

Toews Agility Shares™ Managed Risk ETF (NYSE: MRSK), is rated 5 stars by Morningstar® out of 90 ETFs in the Options Trading Category* for the 3 year period ending June 30, 2023 based on risk adjusted returns.

Many investors need above inflation growth, but are unable to endure extreme drawdowns.  TOEWS AGILITY SHARES™ MANAGED RISK ETF seeks to provide income and growth of capital, with put options in place to attempt to limit risk.*

*There can be no assurance that this objective will be met.

Learn More

THY – Dynamic Tactical Income

By tactically allocating to high yield bond instruments, investment grade bond instruments and cash or cash equivalents, TOEWS AGILITY SHARES™ DYNAMIC TACTICAL INCOME ETF aims to provide income while attempting to limit high yield bond market risk in declining markets.*

*There can be no assurance that this objective will be met.

Learn More


  • 3-year Morningstar Rating

    Toews Agility Shares™ Managed Risk ETF Recognized as Top Rated among Morningstar’s Options Trading ETFs Over 3-Year Period The five-star…

  • Toews Corporation Debuts Toews Agility Shares™ Family of ETFs

    Money Manager With Multi-Decade Track Record of Risk-Managed Investing Introduces Inaugural ETFs NEW YORK — (June 25, 2020) — Risk-averse…

  • Toews Fully Defensive in Q1 as Coronavirus became Global Pandemic

    In January, when cases of COVID 19 appeared to be increasing exponentially in Wuhan, financial markets around the globe began…

© 2023 Morningstar. All Rights Reserved. The information contained herein: 1) is proprietary to Morningstar and/or its content providers; 2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar RatingTM for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past performance is no guarantee of future results.

Past performance is no guarantee of future results. ETF’s involve risk including possible loss of principal. An investor should consider the ETF’s investment objectives, risks, charges, and expenses carefully before investing. This and other information about the ETF is contained in the prospectus, which can be obtained by calling 877-558-6397. Please read the prospectus carefully before investing. The Toews Funds Agility Shares ETFs are distributed by Northern Lights Distributors LLC, member FINRA/SIPC. Toews Corporation is not affiliated with Northern Lights, LLC. 2146-NLD-08292023