Rareview Tax Advantaged Income ETF
The ETF.net RTAI Grade
F
Score 22 out of 100
- 62 of 63
Score 22 of 100 falls in the F 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.F0 out of 100Rank 63 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.C44 out of 100Rank 59 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D28 out of 100Rank 61 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 50 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F18 out of 100Rank 63 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F18 out of 100Rank 57 of 63
Our read on RTAI
In short
FRTAI doesn't buy munis. It buys the closed-end funds that own them, hunting prices below the value of their holdings, and pays monthly. Cost: 4.59% net of a waiver through January 31, 2027 (5.24% gross).
Stated mandate
The Fund seeks total return with an emphasis on current income, with a substantial portion intended to be exempt from federal income taxes.
Why people hold it
Worth knowing
RTAI Performance
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.
RTAI$9,853
Returns run to the Nov 9, 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.
| Period | RTAI |
|---|---|
| Year to date | −1.6% |
| 1 month | +7.0% |
| 3 months | −4.0% |
| 1 year | −1.5% |
| 3 years | +7.6% |
| 5 years | −2.0% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RTAI |
|---|---|---|
| 2026 YTD | −1.6% | |
| 2025 | +5.5% | |
| 2024 | +7.2% | |
| 2023 | +4.3% | |
| 2022 | −22.6% | |
| 2021 | +10.6% | |
| 2020 | +4.8% |
RTAI in the news
RTAI Dividends
- 5.16%
- $1.03
- $0.08 per share
- Monthly
RTAI Risk
- 13.0%
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.
- 0.41
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.
- −33.5%
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.
- 2.18
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.
RTAI Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$55,054
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
RTAI 4.59%
$55,692
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | RTAI | VTEB | Overpaying |
|---|---|---|---|
| 10 | $6,983 | $55 | $6,928 |
| 20 | $22,596 | $216 | $22,380 |
| 30 | $55,692 | $638 | $55,054 |
You pay 4.59%Waived by Rareview 0.65%
Full fee 5.24% waiver 0.65% you pay 4.59%
Other funds in Other Municipal Bond
- DJCALJPMorgan California Tax Free Bond ETFExpense ratio 0.44%1 year return
- DJTNYJPMorgan New York Tax Free Bond ETFExpense ratio 0.43%1 year return
- DNMBSimplify National Muni Bond ETFExpense ratio 0.53%1 year return −0.1%
- DXMPTVanEck CEF Muni Income ETFExpense ratio 3.40%1 year return −0.9%
- FYYYMAmplify Municipal CEF High Income ETFExpense ratio 2.78%1 year return
