Seeking AlphaT3·28mo ago
RSST Return Stacked U.S. Stocks & Managed Futures ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
RSST
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Key stats
About
Return Stacked U.S. Stocks & Managed Futures ETF (RSST) ETF
No description available.
- Exchange
- BATS
- Inception
- 2023-09-05
- Has Options
- No
Fund profile
holdings as of Jul 31, 2026SEC filingthrough Jul 2026flows, SEC filings
- Expense ratio
- 0.99% prospectus, filed Apr 27, 2026
- Assets
- $480M SEC filing, Jul 31, 2026
- Trailing yield
- 0.90% paid annual
- Average daily volume
- $5.0M 30 sessions
- Holdings
- 35 top 10 are 78.1%
- Listed
- Sep 5, 2023 Cboe BZX
- Last fee change
- +1 bp filed May 27, 2025
Cost20
Liquidity56
Scale62
Diversification0
Moves with. US large-cap stocks (60% of its variance, beta 1.25); Gold (11% of its variance, beta 0.18); Emerging markets over US (4% of its variance, beta 0.12); High yield over Treasuries (3% of its variance, beta 0.45). These factors explain 74% of its daily moves over the last year.
Stated objective. Return Stacked U.S. Stocks & Managed Futures ETF (the Fund) seeks long-term capital appreciation. (from the fund's prospectus)
All 35 holdingsFlow historyOverlap toolAll Risk Parity & Return Stacked ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$14M latest reported month
- Latest 3 months
- +$57M +11.8% of assets
- Latest 12 months
- +$139M +28.9% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$14M |
| Jun 2026 | +$20M |
| May 2026 | +$23M |
| Apr 2026 | +$23M |
| Mar 2026 | −$258M |
| Feb 2026 | +$279M |
| Jan 2026 | +$10M |
| Dec 2025 | +$10M |
| Nov 2025 | +$11M |
| Oct 2025 | +$5.4M |
| Sep 2025 | +$3.2M |
| Aug 2025 | −$2.3M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 35 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| ALLWSSGA Active Trust State Street Bridgewater All Weather ETF | — | 0.85% | $1.8B | −0.4% | compare |
| NTSXWisdomTree U.S. Efficient Core Fund | — | 0.20% | $1.4B | +9.3% | compare |
| GDEWisdomTree Efficient Gold Plus Equity Strategy Fund | — | 0.20% | $595M | −0.9% | compare |
| RPARRPAR Risk Parity ETF | — | 0.52% | $555M | −1.1% | compare |
| RSSBReturn Stacked Global Stocks & Bonds ETF | — | 0.39% | $509M | +4.4% | compare |
The largest other funds in the Risk Parity & Return Stacked category.
What changed in the portfolio
Jan 31, 2026 → Apr 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | IVViShares Core S&P 500 ETF | 77.91% | — | — |
| New position | SPYMState Street SPDR Portfolio S& | — | 74.09% | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 4.2%. Full holdings and history
Under the hood
fiscal year to Jan 31, 2026SEC census- Authorized participants
- 5 active of 5 with agreements; top 3 did 91%
- Created · redeemed
- $63M · $46M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 25,000 shares
- Securities lending
- not authorized
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-07-31
Holdings
35
AUM
$421.2M
Provider
Nport
Inception
2023-09-05
Exchange
BATS
Data As Of
2026-07-31
Expense Ratio
0.99%
Dividend Yield
0.90%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-29 | 2025-12-30 | $0.3182 | CD |
| 2024-12-18 | 2024-12-19 | $0.0225 | CD |
| 2023-12-27 | 2023-12-29 | $0.1883 | CD |
Asset Allocation
Top Holdings
top 35 of 35 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| SPYM | State Street SPDR Portfolio S& | 76.53% | Equity (common) | US |
| — | First American Government Obli | 11.43% | Short-term investment | US |
| — | N/A | 0.31% | Derivative (equity) | GB |
| — | N/A | 0.29% | Derivative (equity) | US |
| — | N/A | 0.27% | Derivative (interest rate) | US |
| — | N/A | 0.24% | Derivative (interest rate) | US |
| — | N/A | 0.19% | Derivative (interest rate) | US |
| — | N/A | 0.10% | Derivative (commodity) | US |
| — | N/A | 0.08% | Derivative (interest rate) | US |
| — | N/A | 0.06% | Derivative (commodity) | GB |
| — | N/A | 0.04% | Derivative (interest rate) | DE |
| — | N/A | 0.04% | Derivative (commodity) | GB |
| — | N/A | 0.04% | Derivative (equity) | DE |
| — | N/A | 0.03% | Derivative (equity) | CA |
| — | N/A | 0.03% | Derivative (equity) | DE |
| — | N/A | 0.03% | Derivative (commodity) | US |
| — | N/A | 0.03% | Derivative (commodity) | US |
| — | N/A | 0.03% | Derivative (commodity) | US |
| — | N/A | 0.02% | Derivative (FX) | US |
| — | N/A | 0.01% | Derivative (commodity) | US |
| — | N/A | 0.01% | Derivative (commodity) | US |
| — | N/A | 0.00% | Derivative (interest rate) | GB |
| — | N/A | 0.00% | Derivative (commodity) | US |
| — | N/A | -0.00% | Derivative (commodity) | US |
| — | N/A | -0.00% | Derivative (commodity) | US |
| — | N/A | -0.00% | Derivative (commodity) | US |
| — | N/A | -0.01% | Derivative (commodity) | US |
| — | N/A | -0.02% | Derivative (commodity) | US |
| — | N/A | -0.05% | Derivative (FX) | US |
| — | N/A | -0.08% | Derivative (commodity) | US |
| — | N/A | -0.08% | Derivative (FX) | US |
| — | N/A | -0.19% | Derivative (equity) | US |
| — | N/A | -0.19% | Derivative (equity) | US |
| — | N/A | -0.49% | Derivative (FX) | US |
| — | N/A | -0.98% | Derivative (FX) | US |
Non-Equity Breakdown
Return Stacked(R) U.S. Stocks & Managed Futures ETF ·
NPORT-P period 2026-07-31
(filed 2026-09-28)
Net assets:
$480M
· 35 total positions
· equity 76.53%
· non-equity 11.17%
Non-equity holdings
— 34 positions,
11.17% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 11.43% | $54.9M | 1 |
| Derivative (interest rate) | 0.82% | $3.9M | 6 |
| Derivative (equity) | 0.33% | $1.6M | 7 |
| Derivative (commodity) | 0.19% | $899822 | 15 |
| Derivative (FX) | -1.59% | $-7624718 | 5 |
Chart
Seasonality
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | 1.47% | 4.43% | 3.64% | 3.18% |
| Feb | -- | 6.93% | -2.76% | 2.81% | 2.33% |
| Mar | -- | 4.89% | -6.48% | -7.58% | -3.06% |
| Apr | -- | -1.71% | -6.24% | 11.44% | 1.16% |
| May | -- | 5.22% | 5.46% | 6.22% | 5.63% |
| Jun | -- | 3.72% | 5.09% | -4.91% | 1.30% |
| Jul | -- | -4.69% | 0.09% | -0.24% | -1.61% |
| Aug | -- | 2.88% | 8.30% | 3.78% | 4.99% |
| Sep | -2.05% | 6.24% | 9.57% | 4.57% | 4.58% |
| Oct | -4.59% | -6.92% | 4.02% | -1.68%* | -2.29% |
| Nov | 2.99% | 5.11% | -0.71% | -- | 2.46% |
| Dec | 2.70% | -1.81% | 2.27% | -- | 1.05% |
| Total | -1.15% | 22.17% | 23.80% | 17.99% | 15.70% |
* Only 4 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $35.65
SMA 50: $34.81
SMA 200: $32.22
Current: $34.71
EMA 12: $35.35
EMA 26: $35.31
MACD: 0.0406 | Signal: -0.1976
BULLISH
ADX (14): 28.90
TREND
+DI: 15.76
−DI: 27.22
Momentum Oscillators
RSI (14): 41.65
NEUTRAL
Stoch %K: 24.37
Stoch %D: 25.99
Williams %R: -89.75
Volume & Volatility
BB Upper: $36.64
BB Lower: $34.65
NEUTRAL
OBV: 5,536,464
Vol SMA 20: 131,508
Vol ROC: -91.92%
ATR: $0.55
True Range: $0.62
HV 20: 14.0%
HV 30: 13.6%
HV 60: 12.7%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: RSST
Executive Summary
Overall assessment: NEUTRAL (confidence level 6/10)
Key drivers:
- Technical momentum signals indicate a neutral trend, with no clear direction or conviction.
- Recent news headlines have been neutral, with no significant market-moving information.
Primary risks:
- High volatility, as measured by beta (1.48 vs SPY).
- Lack of earnings data, which may limit the ability to evaluate RSST's performance.
Investment thesis: The stock is trading in a range, and recent momentum signals are not providing clear direction. Further analysis is needed to determine the potential for breakout or breakdown.
Recent news sentiment impact: Neutral headlines have had no significant impact on the stock price.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): NEUTRAL Medium-term (1-3 months): NEUTRAL Long-term (3-12 months): BEARISH (based on historical volatility and beta)
Support/Resistance Levels:
- SMA 20: $33.79
- SMA 50: $33.22
- SMA 200: $31.03
Momentum Signals:
- RSI interpretation: Neutral (61.60)
- MACD signal: Bullish (0.26 / Signal: 0.05 / Histogram: 0.21)
- Bollinger Bands position: Neutral (range-bound)
Volume Analysis: Volume trends indicate a decline in buying pressure, with volume rate of change at -57.92%.
News & Sentiment Analysis
Recent Headlines Summary: Three neutral headlines were analyzed.
Sentiment Assessment: Neutral sentiment is prevalent among recent news articles.
Catalyst Identification: None significant in the last 10 days.
Market Narrative: Recent news has not provided any significant market-moving information, and technical signals are mixed.
Risk & Volatility Assessment
Beta Interpretation: High risk (beta = 1.48).
Volatility Regime: Current volatility is higher than historical levels.
Options Market Signals:
- IV rank: N/A
- Put/call ratios: N/A
- Unusual activity: None significant in the last 10 days
Downside Protection: Support levels are at $33.18 (lower Bollinger Band) and $31.03 (SMA 200).
Market Context & Positioning
Sector Performance: RSST is performing worse than its sector peers.
Institutional Activity: No significant institutional buying or selling activity in the last 10 days.
Correlation Analysis: The stock has a high correlation with the market (0.84), indicating a strong relationship between RSST's performance and broader market movements.
Relative Valuation: The stock is trading within its historical range, but is relatively more expensive than its peers.
Key Levels & Action Items
Critical Price Levels:
- Support at $33.18 (lower Bollinger Band) and $31.03 (SMA 200)
- Resistance at $34.39 (upper Bollinger Band)
Breakout/Breakdown Levels: None significant in the last 10 days.
Time-Sensitive Catalysts: No upcoming earnings dates or significant news events.
Risk Management: Stop-loss levels should be set based on support levels ($33.18 and $31.03), with position sizing considerations taking into account high volatility and beta.
Generated
News
All RSST news →
Seeking AlphaT3·29mo ago
Zacks Investment ResearchT3·30mo ago
RSST Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.3604
Alpha: 6.98%
Correlation: 0.8153
R-Squared: 66.5%
Stock Volatility: 21.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
RSST Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
RSST Constituent Performance
Click any bar to view the full quote for that stock.
RSST Constituents (1 of 1)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| SPYM | State Street SPDR Portfolio S& | 76.53% | $90.32 | -0.74% | -0.57% | +0.03% |