Return Stacked Bonds & Futures Yield ETF (RSBY)

The Return Stacked Bonds & Futures Yield ETF (RSBY) aims to provide core U.S. bond market exposure stacked with a futures yield, or carry, strategy.

The bond component is built from Treasury futures and fixed income holdings. The futures yield sleeve takes long and short positions across futures markets such as currencies, commodities, bonds and equity indexes, favoring contracts with higher implied yield and shorting those with lower yield.

Return Stacked ETFs, developed by Newfound Research and ReSolve Asset Management and offered through Tidal, use leverage to layer two return sources in a single fund, so that each dollar invested provides roughly one dollar of exposure to each strategy.