---
ticker: "RSBA"
name: "Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF"
url: "https://etf.net/etf/RSBA"
grade: "D"
score: 35
graded_at: "2026-10-12"
category: "Capital-Efficient Allocation"
category_rank: "16 of 19"
methodology: "https://etf.net/methodology"
---

# RSBA: Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF

Grade **D**, Score 35 of 100. Rank 16 of 19 in Capital-Efficient Allocation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 17 | 15 of 19 |
| Mission | Not scored | — |
| Risk | 61 | 6 of 18 |
| Tradability | 49 | 10 of 19 |
| Holdings | Not scored | — |
| Durability | 30 | 17 of 19 |

## Top holdings

The fund holds 13 positions. These are the largest 13, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | US 5YR NOTE (CBT) Dec26 | 12.53% |
| 2 | — | US 10YR NOTE (CBT)Dec26 | 12.45% |
| 3 | — | US 2YR NOTE (CBT) Dec26 | 12.41% |
| 4 | — | US LONG BOND(CBT) Dec26 | 12.37% |
| 5 | PEN | Penumbra Inc | 6.31% |
| 6 | ACA | Arcosa Inc | 6.28% |
| 7 | DV | DoubleVerify Holdings Inc | 6.25% |
| 8 | RAMP | LiveRamp Holdings Inc | 6.21% |
| 9 | PTC | PTC Inc | 6.06% |
| 10 | — | Cash & Other | 5.51% |
| 11 | — | First American Government Obligations Fund 12/01/2031 | 5.48% |
| 12 | CZR | Caesars Entertainment Inc | 5.38% |
| 13 | CCO | Clear Channel Outdoor Holdings Inc | 3.64% |

Source: etf.net, https://etf.net/etf/RSBA. Please cite the page URL.