Skip to content
etf.net

RSBY

GradeDChicago Board Options Exchange

Return Stacked Bonds & Futures Yield ETF

Multi-Asset & Alternatives · Return Stacked · Inception 2024-08-20

$18.00−0.02 (−0.11%)

As of Sep 23, 2026, 2:01 PM EDT

History starts Aug 21, 2024.
Intraday session: down, 48 prints from 18.02 to 18.00. Range 17.99 to 18.09. Use the arrow keys to read each point.$18.04$18.0810 AM12 PM2 PM4 PM
Expense ratio
1.01%
Fund size
$57M
1Y return
+11.7%
Yield · Last 12 months
1.77%
Volume · 30D
0M sh
NAV per share
$18.08
52W range
low $15.17high $19.00

The ETF.net RSBY Grade

D

29/ 100

Rank 17 of 19 in Capital-Efficient Allocation⁠

Confidence Medium

Six-pillar profile for RSBY. Scores out of 100: Cost 17, Risk 67, Mission not scored, Tradability 22, Holdings 14, Durability 52. Strongest: Risk (67). Weakest: Holdings (14). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 17
    Category rank17/19 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank4/18 · top 22%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 22
    Category rank16/19 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 14
    Category rank13/13 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank11/19 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on RSBY

ETF.net Research

DA core bond fund with a second engine bolted on. The name says it: broad U.S. bonds plus a futures-yield sleeve in one ticker, aiming at the total return of the fixed income market at alternatives-style pricing.

Stated mandate

The Fund seeks long-term capital appreciation by pursuing the total return of the broad U.S. fixed income market.

Why people hold it

  1. 01Two jobs, one ticker: a futures-yield strategy stacked on top of broad U.S. bond exposure, so the diversifier rides along instead of taking space from the bond sleeve.
  2. 02The mandate is spelled out in the prospectus: total return of the broad U.S. fixed income market. Built to sit on the bond line of a portfolio, not off to the side.
  3. 03Standard 1940 Act fund wrapper, not a commodity partnership, so it trades and reports like the rest of the ETFs in a regular brokerage account.

Worth knowing

  1. 011.01% a year is roughly triple the typical core bond ETF fee, and the index giants in this aisle (BND, SPAB, SCHZ) charge 0.03%.
  2. 02A small fund that trades thinly, so bid-ask spreads can run wider than the mega-sized Agg trackers and big orders need more care.
  3. 03Launched in 2024, so the history is short, and the futures sleeve can push results away from a plain Agg index in either direction.

RSBY Holdings

As of Sep 20, 2026, 9:23 AM
Asset class
Other
Holdings
—
Top-10 weight
158%
Largest holding
SPAB57.5%

Sectors

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPABState Street SPDR Portfolio Aggregate Bond ETF57.46%1,741,689$43M4
002—AUDUSD Crncy Fut Dec2617.55%186$13M5
003—US 5YR NOTE (CBT) Dec2614.71%106$11M22
004—First American Government Obligations Fund 12/01/203111.45%8,614,427$9M625
005—US 10YR NOTE (CBT)Dec2611.00%78$8M21
006—S&P/TSX 60 IX FUT Dec2610.84%27$8M4
007—EURO STOXX 50 Dec2610.75%111$8M6
008—LONG GILT FUTURE Dec268.82%58$7M9
009—SUGAR #11 (WORLD) May277.66%290$6M3
010—EURO FX CURR FUT Dec267.27%38$5M8
011—SOYBEAN FUTURE Jan276.84%77$5M3
012—Cash & Other6.79%5,107,534$5M674
013—US LONG BOND(CBT) Dec266.29%44$5M16
014—US 2YR NOTE (CBT) Dec264.61%17$3M19
015—Low Su Gasoil G Oct263.76%19$3M4

Showing 1–15 of 23 holdings

RSBY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RSBY$11,172
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RSBY $11,172. SPY $11,723. Use the arrow keys to read each point.$9,303$10,623$11,944Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RSBY. Periods over one year show the average yearly return.
PeriodRSBY
Year to date+17.0%
1 month+0.2%
3 months−1.1%
1 year+11.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RSBY
YearReturn barRSBY
2026 YTD+17.0%
2025−13.0%
2024−7.9%

History from Aug 21, 2024

RSBY in the news

ETF.net Research hasn’t filed on RSBY yet — coverage lands here as it’s written.

RSBY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.77%Last 12 months
Payout per share
$0.32Last 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 18, 2024 $0.41; Dec 29, 2025 $0.32. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 30, 2025$0.32
Dec 18, 2024Dec 19, 2024$0.41

RSBY Risk

How much the fund’s monthly returns vary, scaled to a year.
13.5%
Annualised · 24 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.41
vs 3-month T-bills · 24 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.3%
25 months · trough May 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−0.05
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RSBY Cost

Expense ratio1.01%
  • The middle half of Capital-Efficient Allocation funds
  • Median 0.67%

14 of the 19 Capital-Efficient Allocation funds charge less.

RSBY costs $101.00 a year on $10,000. The median Capital-Efficient Allocation fund costs $67.00.