Key Takeaways
- • Fresh Launch: Return Stacked International Stocks & Managed Futures ETF (RSIT) commenced trading on May 5, 2026, with $3.00M in assets under management and 150,000 shares outstanding, representing a newly established actively managed vehicle in the alternatives space.
- • Dual-Strategy Architecture: The fund employs a leveraged "return stacking" approach combining developed markets ex-US equities with a long/short managed futures strategy, designed to capture complementary return streams through active management.
- • Institutional Structure: RSIT is sponsored by TFG Parent Holdings LLC under the Return Stacked brand, with Tidal Investments LLC serving as primary advisor and Foreside Fund Services LLC as distributor; the fund trades on CBOE with ticker symbol RSIT at $20.31 USD as of May 7, 2026.
- • Cost and Valuation Metrics: The fund carries a 0.98% expense ratio, trades at a 0.9% premium to net asset value (NAV), and offers ordinary income dividend distributions with long-term capital gains taxed at a maximum 20% rate.
- • Early Market Performance: RSIT declined 1.98% in the 24-hour period ending May 7, 2026, reflecting early trading dynamics in a newly launched fund with modest asset base.
Summary
Return Stacked International Stocks & Managed Futures ETF (RSIT) represents a recently launched actively managed vehicle that combines international equity exposure with managed futures overlay through a leveraged return-stacking framework. The fund commenced operations on May 5, 2026, and began trading on the CBOE exchange two days later under sponsorship of TFG Parent Holdings LLC, operating under the Return Stacked brand umbrella.
The fund's core investment mandate centers on two complementary strategies executed simultaneously: a portfolio of developed markets ex-US equities alongside a long/short managed futures strategy. This dual-strategy approach is designed to capture both equity market participation and tactical hedge benefits from trend-following systematic strategies. The fund employs synthetic replication methodology within an open-ended ETF structure, classified within the alternatives category under global macro strategy and managed futures niche positioning.
From an operational standpoint, RSIT carries a 0.98% expense ratio and currently maintains $3.00M in assets under management with 150,000 shares outstanding. The fund trades at a 0.9% premium to net asset value, indicating modest investor demand relative to underlying portfolio value. As of May 7, 2026, the fund was quoted at $20.31 USD per share, down 1.98% from the prior trading day—typical volatility for newly launched vehicles with limited trading liquidity. Tidal Investments LLC serves as the primary investment advisor, while Foreside Fund Services LLC functions as the distributor.
The fund distributes income on an ordinary basis with long-term capital gains taxed at a maximum 20% federal rate, positioning it within standard ETF tax treatment protocols. Institutional investors evaluating RSIT should note the fund's nascent stage—with inception just two trading days prior to the measurement date—and the limited asset base, which may impact liquidity and strategy implementation during the early launch phase.
The fund's core investment mandate centers on two complementary strategies executed simultaneously: a portfolio of developed markets ex-US equities alongside a long/short managed futures strategy. This dual-strategy approach is designed to capture both equity market participation and tactical hedge benefits from trend-following systematic strategies. The fund employs synthetic replication methodology within an open-ended ETF structure, classified within the alternatives category under global macro strategy and managed futures niche positioning.
From an operational standpoint, RSIT carries a 0.98% expense ratio and currently maintains $3.00M in assets under management with 150,000 shares outstanding. The fund trades at a 0.9% premium to net asset value, indicating modest investor demand relative to underlying portfolio value. As of May 7, 2026, the fund was quoted at $20.31 USD per share, down 1.98% from the prior trading day—typical volatility for newly launched vehicles with limited trading liquidity. Tidal Investments LLC serves as the primary investment advisor, while Foreside Fund Services LLC functions as the distributor.
The fund distributes income on an ordinary basis with long-term capital gains taxed at a maximum 20% federal rate, positioning it within standard ETF tax treatment protocols. Institutional investors evaluating RSIT should note the fund's nascent stage—with inception just two trading days prior to the measurement date—and the limited asset base, which may impact liquidity and strategy implementation during the early launch phase.
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