Key stats
About Tidal Trust II Return Stacked U.S. Stocks & Futures Yield ETF
Expense ratio
1.04%
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Inception date
May 28, 2024
RSSY aims to provide simultaneous exposure to equities and a multi-asset futures strategy. The fund seeks to capture the total return of large-cap US equities through investments in individual equities, equity ETFs, and futures on equity indexes. For the futures yield strategy, RSSY invests in futures contracts of commodities, currencies, equities, and fixed-income securities, with no geographic limits. The fund uses a proprietary process to generate attractive risk-adjusted returns, evaluating the carry premium in investments across the four major asset classes, as well as in volatility instruments. As part of this strategy, the fund expects to hold long positions on instruments that pay a carry premium and short positions on ones with a negative carry premium. RSSY utilizes a Cayman Islands subsidiary to gain exposure to the futures contracts. It will frequently roll the futures, causing a high portfolio turnover rate. The fund targets a 100% notional exposure to the investments in each strategy or an aggregate notional exposure of 200%.
Classification
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF74.50%
Cash15.33%
Mutual fund9.57%
Futures0.78%
Miscellaneous−0.18%