Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF

Frequently Asked Questions About RSBA

What does RSBA invest in?

RSBA combines both an active and passively managed approach to investing. The fund leverages its assets to actively manage exposure to US Treasury bonds and passively track a merger arbitrage index. For every $1 invested in the fund, the fund attempts to provide $1 exposure to US Treasury securities and $1 of exposure to a merger arbitrage strategy. It is expected that the fund will get its exposure to US Treasuries through equally laddered futures contracts. The effective duration aims to track the Bloomberg US Treasury Total Return Index. The merger arbitrage strategy tracks an index that provides long and short stock exposure to companies in which merger or acquisition deals are announced. A maximum of twenty deals is permitted in the index at any given time. The merger arbitrage strategy rebalances on an event-driven basis. RSBA rebalances daily and make distributions, if any, on an annual basis.

What is the expense ratio of RSBA?

Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF (RSBA) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RSBA?

Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF (RSBA) manages $52.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is RSBA actively managed or an index fund?

RSBA is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RSBA's is 1.01%) in exchange for the discretion to over- or under-weight positions.

When was RSBA launched?

Tidal Trust II - Return Stacked Bonds & Merger Arbitrage ETF (RSBA) launched in December 2024 and is managed by Return Stacked.

How has RSBA performed?

RSBA's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.