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Return Stacked Bonds & Merger Arbitrage ETF (RSBA)

Multi-Asset Overlay | Exchange Traded Fund | Cboe US
20.92 USD -0.05 (-0.241%) ⇩ (July 13, 2026, 1:08 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:29 a.m. EDT

The security is essentially flatlined, trading within a razor-thin range between $20.54 and $21.75 over the last year, which renders it useless for both capital appreciation and meaningful income generation. While the recent price action shows a slight uptick, the underlying business is a merger arbitrage fund, a sector notorious for low volatility and minimal upside potential, making it a poor candidate for a momentum play. The dividend picture is particularly concerning; after paying out a substantial amount recently, the distribution has effectively vanished, leaving investors with a nominal yield that fails to provide any real inflation protection. With no multi-year growth trajectory to evaluate and a complete lack of recent price history to confirm stability, this instrument offers no clear edge for either the aggressive trader or the income seeker.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.004582
AutoETS0.004582
MSTL0.004587
AutoTheta0.004975

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 75%
H-stat 2.09
Ljung-Box p 0.000
Jarque-Bera p 0.338
Excess Kurtosis -0.05
Attribute Value
Trailing P/E 24.96

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.36% 3.36%
Dividend History
Date Dividend Yield %
2025-12-29 0.703 3.355608
2024-12-31 0.003 0.014989
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.81

Info Dump

Attribute Value
All Time High 21.75
All Time Low 19.785
Ask 31.41
Ask Size 100
Average Daily Volume10 Day 14,670
Average Daily Volume3 Month 19,485
Average Volume 19,485
Average Volume10Days 14,670
Beta3 Year 0.0
Bid 10.47
Bid Size 100
Category Multi-Asset Overlay
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.9531
Day Low 20.89
Dividend Yield 2.81
Eps Trailing Twelve Months 0.83818495
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.86102
Fifty Day Average Change 0.05888176
Fifty Day Average Change Percent 0.0028225735
Fifty Two Week Change Percent 0.90681314
Fifty Two Week High 21.75
Fifty Two Week High Change -0.8300991
Fifty Two Week High Change Percent -0.038165476
Fifty Two Week Low 20.54
Fifty Two Week Low Change 0.37989998
Fifty Two Week Low Change Percent 0.018495616
Fifty Two Week Range 20.54 - 21.75
First Trade Date Milliseconds 1,734,532,200,000
Full Exchange Name Cboe US
Fund Family Return stacked ETFs
Fund Inception Date 1,734,393,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an exchange-traded fund (“ETF”) that employs a hybrid management approach to achieve its investment objective by investing in two complementary strategies: an actively managed Bond strategy and a passively managed Merger Arbitrage strategy. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in (a) the Bond strategy and (b) the Merger Arbitrage strategy. The fund is non-diversified.
Long Name Return Stacked Bonds & Merger Arbitrage ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1905791102
Nav Price 20.959
Net Assets 50,087,264.0
Net Expense Ratio 1.01
Open 20.9531
Previous Close 20.9704
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.050499
Regular Market Change Percent -0.240811
Regular Market Day High 20.9531
Regular Market Day Low 20.89
Regular Market Day Range 20.89 - 20.9531
Regular Market Open 20.9531
Regular Market Previous Close 20.9704
Regular Market Price 20.9199
Regular Market Time 1,783,962,486
Regular Market Volume 17,088
Short Name Return Stacked Bonds & Merger A
Source Interval 15
Symbol RSBA
Total Assets 50,087,264
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 24.958574
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.63419
Trailing Three Month Returns 1.63419
Triggerable 1
Two Hundred Day Average 21.09585
Two Hundred Day Average Change -0.1759491
Two Hundred Day Average Change Percent -0.00834046
Type Disp ETF
Volume 17,088
Yield 0.028099999
Ytd Return 0.94824