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RSST

GradeCChicago Board Options Exchange

Return Stacked U.S. Stocks & Managed Futures ETF

Multi-Asset & Alternatives · Return Stacked · Inception 2023-09-05

$35.74+0.41 (+1.16%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Sep 6, 2023.
Intraday session: up, 59 prints from 35.33 to 35.74. Range 35.41 to 35.77. Use the arrow keys to read each point.$35.40$35.50$35.60$35.8010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$554M
1Y return
+35.9%
Yield · Last 12 months
0.90%
Holdings
10
Volume · 30D
0.1M sh
NAV per share
$34.87
52W range
low $25.41high $35.50

The ETF.net RSST Grade

C

42/ 100

Rank 12 of 19 in Capital-Efficient Allocation⁠

Confidence Medium

Six-pillar profile for RSST. Scores out of 100: Cost 28, Risk 36, Mission not scored, Tradability 70, Holdings not scored, Durability 72. Strongest: Durability (72). Weakest: Cost (28). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 42 of 100 sits in the C 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.
    DScore 28
    Category rank14/19 · mid-pack

  • 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.
    DScore 36
    Category rank15/18 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 70
    Category rank6/19 · top 32%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank5/19 · top 26%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on RSST

ETF.net Research

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

  1. 01One 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.
  2. 02Actively managed on both sides, so the futures sleeve can shift its positioning instead of tracking a fixed index.
  3. 03Easy to deal in for something this complicated: it sits among the smoother-trading names in its multi-asset peer group.

Worth knowing

  1. 01At 0.99% a year it runs above the typical multi-asset allocation fund. Simpler stackers like NTSX and GDE charge 0.20%.
  2. 02Leverage cuts both ways: a rough stretch for stocks and managed futures at the same time lands harder than either sleeve would alone.
  3. 03Launched 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

As of Sep 20, 2026, 9:23 AM
Asset class
Stocks
Holdings
10
Top-10 weight
299%
Largest holding
US 2YR NOTE (CBT) Dec2688.9%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US 2YR NOTE (CBT) Dec2688.92%-2,684$-547M19
002—US 5YR NOTE (CBT) Dec2663.85%-3,764$-393M22
003—EURO-BUND FUTURE Dec2662.36%-2,767$-384M9
004—US 10YR NOTE (CBT)Dec2641.82%-2,425$-257M21
005—EURO FX CURR FUT Dec2617.70%-757$-109M8
006—US LONG BOND(CBT) Dec2611.90%-681$-73M16
007—LONG GILT FUTURE Dec267.27%-391$-45M9
008—C$ CURRENCY FUT Dec264.10%-352$-25M6
009—NATURAL GAS FUTR Oct260.90%-190$-6M3
010—COFFEE 'C' FUTURE Mar270.25%-15$-2M5

Showing 1–10 of 10 holdings

RSST Performance

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

RSST$13,588
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. RSST $13,588. SPY $11,723. Use the arrow keys to read each point.$9,205$11,569$13,933Sep 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 RSST. Periods over one year show the average yearly return.
PeriodRSST
Year to date+24.6%
1 month+4.9%
3 months+7.2%
1 year+35.9%
3 years+22.8%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 RSST
YearReturn barRSST
2026 YTD+24.6%
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 Sep 22, 2026.
0.90%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

RSST Risk

How much the fund’s monthly returns vary, scaled to a year.
17.6%
Annualised · 35 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.
0.94
vs 3-month T-bills · 35 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.
−30.8%
36 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.
1.13
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.

RSST Cost

Expense ratio0.99%
  • The middle half of Capital-Efficient Allocation funds
  • Median 0.67%

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

RSST costs $99.00 a year on $10,000. The median Capital-Efficient Allocation fund costs $67.00.