RSBT ETF: It's A Directional Bet, Not A Diversification Vehicle (BATS:RSBT)

The Return Stacked Bonds & Managed Futures ETF (RSBT) has shown a 12.25% year-over-year price return but remains cyclical and macro-linked. The article argues that while RSBT splits capital between AGG ETF and managed futures with trend-following strategies, it does not provide true diversification or downside protection due to potential covariance spikes during extreme market environments. The author advises against investing at this stage, wishing to observe the fund’s performance further.