Return Stacked U.S. Stocks & Managed Futures ETF
RSST
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Roy W. Olivier
- Full Time Employees
- 172
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 234 West Florida Street Milwaukee CA United States of America 53204
- IPO Date
- Sep 6, 2023
- Website
- returnstackedetfs.com
- Similar Companies
- Business
- Return Stacked U.S. Stocks & Managed Futures ETF (RSST), issued by Tidal Trust II, is an actively managed exchange-traded fund that seeks long-term capital appreciation through simultaneous exposure to large-cap U.S. equities and a trend-following managed futures strategy; for every $1 invested, the fund targets $1 of U.S. equity exposure via large-cap U.S. stocks, large-cap U.S. equity exchange-traded funds such as iShares Core S&P 500 ETF (IVV), and U.S. equity index futures including S&P 500 E-mini futures, alongside $1 of managed futures exposure via long/short positions in global futures contracts across commodities (e.g., gold, copper, silver, crude oil), currencies (e.g., euro FX, British pound, Australian dollar, Japanese yen), equities (e.g., FTSE 100, S&P/TSX 60, Euro Stoxx 50, Nikkei 225), and fixed income (e.g., U.S. Treasury note futures, Euro-Bund futures). The managed futures component employs a systematic replication approach, allocating 70% to bottom-up trend-following signals (e.g., time-series momentum, moving averages) and 30% to top-down statistical replication of leading trend funds, utilizing approximately 27 global futures markets; the fund rebalances daily, maintains an expense ratio of 0.99%, and distributes annually. Launched on September 5, 2023, and listed on CBOE BZX Exchange under ticker RSST (CUSIP 88636J816), RSST operates within the asset allocation segment targeting investors seeking diversification, low correlation to traditional stocks and bonds, and inflation-hedging attributes from managed futures. Tidal Trust II, the statutory trust headquartered at 234 West Florida Street, Suite 203, Milwaukee, Wisconsin 53204, serves as the issuer, with Tidal Investments LLC (a Tidal Financial Group company) providing fund management, operations, and distribution services from offices including New York, Chicago, Milwaukee, West Palm Beach, and Detroit; the fund's investment adviser and sub-adviser roles are supported by Newfound Research and ReSolve Asset Management, respectively, as part of the Return Stacked ETFs platform. RSST primarily serves institutional and retail investors pursuing capital-efficient alternatives with approximately $303 million in net assets as of December 2025, holding around 32 positions including cash equivalents like First American Government Obligations Fund. In September 2025, Tidal Investments LLC completed a recapitalization with Insignia Capital Group, optimizing its capital structure to fuel ETF platform growth amid managing over 350 ETFs with $50 billion in assets under management across 90+ issuers; this transaction preserved Tidal's leadership and ownership continuity while supporting expansion, including 89 new ETF launches in 2025. The Return Stacked ETFs suite, of which RSST forms a part, has seen ongoing strategy refinements and gained traction in liquid alternatives, with discussions of potential European expansion for hedge fund-flavored products leveraging return stacking. As of late 2025, RSST maintains stable operations with top holdings led by IVV (75.53%), S&P 500 E-mini futures (38.65%), and FTSE 100 futures (31.06%), alongside short positions in select futures for trend execution, reflecting no major product launches, acquisitions, or reorganizations specific to RSST in the prior 1-2 years.