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Launched · SEC filings

Return Stacked U.S. Stocks & Managed Futures ETF

RSSTCboeReturn StackedC

$33.23−0.66 (−1.95%)

At close: Nov 2, 2026, 4:00 PM ET

C41/ 100

Rank 12 of 19 in Capital-Efficient Allocation

C41/100Rank 12 of 19inCapital-Efficient Allocation
Intraday session: down, 78 prints from 33.89 to 33.23. Range 33.23 to 33.95. Use the arrow keys to read each point.33.4033.6033.8010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$585M
1Y total return
+22.7%
Yield · Last 12 months
0.94%
Holdings
15
Avg volume · 30D
129K sh
52W range
low $25.88high $36.68
Launched
Filings
SEC EDGAR

The ETF.net RSST Grade

Based on 4 of 6 pillars

C

Score 41 out of 100

Category
Capital-Efficient Allocation⁠
Rank
12 of 19
Six-pillar profile for RSST. Scores out of 100: Cost 28, Risk 35, Mission not scored, Tradability 67, Holdings not scored, Durability 71. Strongest: Durability (71). Weakest: Cost (28). Based on 4 of 6 pillars.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D28 out of 100
    Rank 14 of 19

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D35 out of 100
    Rank 15 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 4 of 19

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A71 out of 100
    Rank 5 of 19

Our read on RSST

ETF.net Research

In short

CReturn stacking, literally: RSST rides an actively managed futures program on top of a full U.S. equity portfolio, using leverage so one dollar does two jobs.

Stated mandate

The Fund seeks long-term capital appreciation. It is actively managed and combines U.S. equity and managed-futures strategies, using leverage to stack approximately one dollar of exposure to each strategy.

Why people hold it

  • One dollar, two jobs: the U.S. equity sleeve stays fully invested while the managed futures strategy is stacked on top with leverage, not funded by selling stocks.
  • Actively managed on both sides, so the futures sleeve can shift its positioning instead of tracking a fixed index.
  • Easy to deal in for something this complicated: it sits among the smoother-trading names in its multi-asset peer group.

Worth knowing

  • At 0.99% a year it runs above the typical multi-asset allocation fund. Simpler stackers like NTSX and GDE charge 0.20%.
  • Leverage cuts both ways: a rough stretch for stocks and managed futures at the same time lands harder than either sleeve would alone.
  • Launched in 2023 and structured as a commodity pool, so the record is short and the wrapper differs from a plain-vanilla stock ETF.

RSST Holdings

Asset class
Stocks
Holdings
15
Top-10 weight
248%
Largest holding
US 2YR NOTE (CBT) Dec2687.0%

Sectors

  • Technology37.1%
  • Financials12.9%
  • Communication9.2%
  • Health Care8.9%
  • Consumer Discretionary8.6%
  • Industrials7.9%
  • Consumer Staples5.1%
  • Energy4.2%
  • Materials2.5%
  • Utilities2.1%
  • Real Estate1.5%

Geography

  • United States91.90%
  • United Kingdom4.26%
  • Canada3.18%
  • Switzerland0.35%
  • China0.09%
  • Ireland0.07%
  • Mexico0.06%
  • Hong Kong0.04%
  • Other countries (3)0.05%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUS 2YR NOTE (CBT) Dec2686.97%-2,905−$593M17
2No dataEURO FX CURR FUT Dec2658.22%-2,842−$397M7
3No dataUS 5YR NOTE (CBT) Dec2632.38%-2,113−$221M25
4No dataEURO-BUND FUTURE Dec2624.25%-1,214−$165M8
5No dataUS 10YR NOTE (CBT)Dec2620.93%-1,345−$143M21
6No dataLONG GILT FUTURE Dec266.00%-358−$40.9M10
7No dataBP CURRENCY FUT Dec265.95%-486−$40.6M3
8No dataUS LONG BOND(CBT) Dec265.64%-359−$38.5M16
9No dataC$ CURRENCY FUT Dec265.30%-505−$36.2M6
10No dataGOLD 100 OZ FUTR Dec262.36%-40−$16.1M10
11No dataJPN YEN CURR FUT Dec262.26%-194−$15.4M7
12No dataSILVER FUTURE Dec260.65%-17−$4.45M6
13No dataNATURAL GAS FUTR Dec260.64%-147−$4.34M8
14No dataWHEAT FUTURE(CBT) Mar270.33%-73−$2.25M4
15No dataCORN FUTURE Mar270.32%-95−$2.21M4

Showing 1–15 of 15 holdings

RSST Performance

Launched Sep 5, 2023

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

Not enough history yet.Not enough history yet.
RSST$12,273
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. RSST $12,273. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 RSST. Periods over one year show the average yearly return.
PeriodRSST
Year to date+19.5%
1 month−4.4%
3 months+4.0%
1 year+22.7%
3 yearsper year+21.9%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 RSST
YearReturn barRSST
2026 YTD+19.5%
2025+19.9%
2024+18.4%
2023+1.6%

History from Sep 6, 2023

RSST in the news

RSST 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 Oct 30, 2026.
0.94%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

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.19; Dec 18, 2024 $0.02; Dec 29, 2025 $0.32. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 30, 2025$0.32
Dec 18, 2024Dec 19, 2024$0.02
Dec 27, 2023Dec 29, 2023$0.19

$10,000 in RSST 3 years ago paid $278 in dividends.

RSST Risk

Risk pillarD35 out of 100Rank 15 of 18 in Capital-Efficient Allocation
How much the fund’s monthly returns vary, scaled to a year.
17.5%
Annualised · 36 months to Oct 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.
0.97
vs 3-month T-bills · to Oct 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.
−30.8%
37 months · trough Apr 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.
1.14
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.

FMP measures it over up to five years of monthly returns.

RSST Cost

Compare RSST and CTAP

Overpaying vs CTAP, cheapest in Capital-Efficient Allocation

$15,799

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RSST 0.99%

    $18,525

  • CTAP 0.13% Cheapest

    $2,726

$10,000
30 years

Cost over time

  • RSST 0.99%
  • CTAP 0.13%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RSST $18,525CTAP $2,726

Year by year

YearRSSTCTAPOverpaying
10$1,746$238$1,508
20$6,565$930$5,635
30$18,525$2,726$15,799

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