ETF Series Solutions Trust - McElhenny Sheffield Managed Risk ETF Net Tangible Assets

The latest net tangible assets for MSMR is $-36B as of June 2026. That compares with $-27B in the prior-year period — down 33.3% year over year. Investors often review this figure alongside ETF Series Solutions Trust - McElhenny Sheffield Managed Risk ETF's historical trend and sector peers before judging valuation or financial health.

Over the past year, MSMR's net tangible assets moved from $-27B to $-36B — a 33.3% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in ETF Series Solutions Trust - McElhenny Sheffield Managed Risk ETF's operating scale or balance-sheet position.

A net tangible assets figure of $-36B for MSMR is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting MSMR's net tangible assets ($-36B), review year-over-year change from $-27B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.