Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF
RSBA
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Tidal Trust II – Return Stacked® Bonds & Merger Arbitrage ETF is a non-diversified, actively and passively managed exchange-traded fund that seeks long-term capital appreciation through a leveraged “return-stacking” investment approach. The Fund, which trades under the ticker symbol RSBA on Cboe BZX Exchange, combines approximately 100% notional exposure to an actively managed U.S. Treasury bond strategy with approximately 100% exposure to a passively managed merger-arbitrage strategy, so that the potential returns of the merger-arbitrage portfolio are layered on top of the returns generated by the fixed-income portfolio. The bond strategy invests primarily in U.S. Treasury futures with maturities ranging from two to 30 years and a target duration of two to eight years; it may also invest in U.S. Treasury bills, notes and bonds, broad-based U.S. Treasury exchange-traded funds, and cash-management instruments. The merger-arbitrage strategy generally seeks to track the AlphaBeta Merger Arbitrage Index through long positions in publicly announced U.S. merger, acquisition, tender-offer, leveraged-buyout and reorganization targets, together with short positions in acquiring companies in stock-for-stock transactions; investments may be made directly in U.S. large-, mid- and small-capitalization equities or through options, swaps and total-return swaps. The index evaluates announced transactions using a quantitative assessment of expected completion probability and expected return, may hold up to 20 deals, and can allocate to cash equivalents, money market funds and ultra-short-term bond ETFs when eligible transactions are limited. The Fund also uses U.S. government securities and money market funds as collateral and liquidity instruments and may engage in active and frequent trading. RSBA is a series of Tidal Trust II, a Delaware statutory trust organized in 2022 and registered as an open-end management investment company under the Investment Company Act of 1940; Tidal Investments LLC serves as investment adviser, and Newfound Research LLC serves as investment sub-adviser. The Fund was launched in December 2024 and represents an expansion of the Return Stacked® ETF lineup, introducing a strategy that pairs Treasury-market exposure with merger-arbitrage returns through derivatives-based leverage. Tidal Investments, headquartered in Milwaukee, Wisconsin, operates as a full-service ETF platform providing product planning, trust and board management, fund operations, regulatory and compliance support, portfolio management, trading execution, marketing, research, sales and distribution services for ETF issuers.