The Return Stacking Symposium is back.
๐ October 28, 2026 ๐Chicago
๐ @CliffordAsness + @AQRCapital, @jpmorgan,
@ManGroup
๐ฐ Free for advisors, CIOs, and selected media
Registration is now open. ๐
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
Weโre excited to announce that the Return Stackedยฎ Global Stocks & Bonds ETF ($RSSB) has crossed $500M in AUM!
Thanks for all of the support. For more information, visit https://t.co/Eu1cnUCgyc
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwYrI
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqk7dl)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrccNC)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwYrI
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqk7dl)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrccNC)
Crisis alpha is often misunderstood.
In our Q1 review @CHoffstein and @GestaltU break down how broad diversification across asset classes has historically driven returns during equity drawdowns - and why Trend and Carry strategies tend to work better together than alone.
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐ https://t.co/fLzwXHwYrI
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqk7dl)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrccNC)
RSST and RSSY were up 55.70% and 52.63% respectively, each beat the S&P 500 Index by more than 20 percentage points over the 12 months ending 4/30/2026.
๐๐๐ฆ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ ๐๐๐ง๐๐ก๐ฆ๐๐ซ๐ค ๐ข๐ง ๐๐จ๐ญ๐ก. ๐๐ฐ๐จ ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ๐ฅ๐ฒ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ฒ๐ข๐ง๐ ๐จ๐ฏ๐๐ซ๐ฅ๐๐ฒ๐ฌ ๐จ๐ง ๐ญ๐จ๐ฉ.
RSST stacks managed futures (trend) on top of U.S. equities and did most of its work through 2025.
RSSY stacks futures yield (carry) on top of U.S. equities and did the heavy lifting during the Q1 2026 correction.
Different diversifying engines, firing at different moments. Together producing a more robust outcome than either one alone would have.
๐ป๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐๐๐๐.
Want to see how stacking diversifiers on top core stocks and bonds might have behaved across different market regimes?
Try our Return Stackedยฎ backtester tool to see what stacking does to a 60/40. ๐https://t.co/fLzwXHwqCa
๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐:
โข Return Stackedยฎ U.S. Stocks & Managed Futures ETF - RSST (https://t.co/1G7ysqjznN)
โข Return Stackedยฎ U.S. Stocks & Futures Yield ETF โ RSSY (https://t.co/ailvvrbEY4)
๐ https://t.co/yTGUvzNy4h
For informational purposes only. Not investment advice. Hypothetical performance does not represent actual trading. Past performance is not indicative of future results.
"Allocators plan in statistical time while clients live in behavioral time, which is closer to dog years."
The optimal portfolio on paper is not the optimal portfolio in practice.
New piece on how tracking error - not efficiency - may be the more useful guide for sizing a stack.
Introducing the Return Stackedยฎ International Stocks & Managed Futures ETF โ RSIT.
For every $1 invested, RSIT is designed to provide $1 of international equity exposure and $1 of a managed futures trend-following strategy.
Learn more at https://t.co/QfWnkiM9OP
๐ https://t.co/36EP85TNKd
For informational purposes only. Not investment advice. Hypothetical performance does not represent actual trading. Past performance is not indicative of future results.
One finding from our Trend Replication analysis: blending three fundamentally different replication approaches historically reduced tracking error below what any single model achieved alone.
A useful illustration of diversification applied to replication rather than return generation.
Full report via @InvestReSolve โฌ๏ธ
The managed futures allocation problem isn't just numerical - it's behavioral.
Why allocators struggle to hold the position, and a framework for thinking about it differently.