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WZRD vs MSMR

Opportunistic Trader ETF vs McElhenny Sheffield Managed Risk ETF

WZRD

Opportunistic Trader ETF

Tuttle Capital Management, LLC

Annual cost

1.00%

Fund size

$4M

MSMR

McElhenny Sheffield Managed Risk ETF

MSCM Funds

Annual cost

1.06%

Fund size

$166M

Key differences

  • WZRD costs 0.06% less per year.
  • MSMR is significantly larger than WZRD — larger funds tend to be more liquid and less likely to close.
  • WZRD is classified as alternative, while MSMR is equity — different risk/return profiles.
  • WZRD follows a structured outcome strategy; MSMR uses active selection.

Side-by-side comparison

WZRDMSMR
Annual cost (TER)1.00%1.06%
Fund size (AUM)$4M$166M
Since20252021
Dividend yield1.88%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeactive selection
CAGR 1YN/A+25.9%
CAGR 3YN/A+20.5%
CAGR 5YN/AN/A
Sharpe 3YN/A1.40
Volatility 1Y12.03%
Max drawdown-71.81%-14.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to WZRD and MSMR