Data as of Nov 4, 2026.

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RSST vs TLT: Differences, Returns & Fees

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Over the year to Nov 4, 2026, RSST returned +23.3% to TLT's −4.8%, and TLT charges 0.15% to RSST's 0.99%.

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Net assets: $480m on Jul 31, 2026 for Return Stacked U.S. Stocks & Managed Futures ETF, and $48.3bn on Nov 3, 2026 for iShares 20+ Year Treasury Bond ETF.

At a glance
+23.3%
RSST total return, 1 year
−4.8%
TLT total return, 1 year
0.99%
RSST expense ratio
0.15%
TLT expense ratio

Pair scorecard

TLT costs 0.84 points a year less; their one-year returns differ by 28.1 points.

RSST vs TLT: Differences, Returns & Fees
MeasureRSSTTLT
Return
Total return, 1 year+23.3%−4.8%
Total return, 52 weeks+22.5%
Drawdown
Below its high41.8%, high on Aug 4, 2020
Against its benchmark
What it tracksnot publishedICE U.S. Treasury 20+ Year Bond Index
Treasury bills, 52 weeks+3.7%
Against cash18.9 points ahead
Cost and size
Expense ratio0.99%0.15%
Net assets, RSST as of Jul 31, 2026 and TLT as of Nov 3, 2026$480m$48.3bn
Holdings
Holdings in commonnot published
Risk
Correlation with the S&P 500’s weekly returns+0.85
Beta to the S&P 500+1.45: about 1.45% for each 1%
Its average week when the S&P 500 fellfell 1.76%
Down-week capture164.8%
Weeks the S&P 500 fell26 of 52, by 1.07% on average

Method

Side by side

RSST Return Stacked U.S. Stocks & Managed Futures ETF TLT iShares 20+ Year Treasury Bond ETF
Where it sits Alternatives ETF Bond ETF
What it is Managed futures Tracks an index of 20+ year Treasuries
Total return, 1 year +23.3% −4.8%
Its benchmark over the same days +14.8% (VOO) −4.7% (BBLB)
Gap to its benchmark +8.5 pts vs VOO −0.1 pts vs BBLB
Expense ratio 0.99% 0.15%
Holdings not read by ETFIQ 47
Net assets, RSST as of Jul 31, 2026 and TLT as of Nov 3, 2026 $480m $48.3bn

RSST and TLT on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
RSST

RSST is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.85 with the S&P 500’s and a beta of +1.45, so for each 1% the index moved it moved about 1.45% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks RSST fell 1.76% on average, a down-week capture of 164.8%. Over the same 52 weeks RSST returned +22.5% and a Treasury bill fund +3.7%, so it finished 18.9 percentage points ahead of cash.

TLT

TLT tracks an index of 20+ year Treasuries. Over the year to Nov 4, 2026 it returned −4.8% with distributions reinvested, against −4.7% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. The prospectus expense ratio is 0.15% a year. It sat 41.8% below its high of Aug 4, 2020 on Nov 4, 2026.

Questions people ask

Are RSST and TLT in the same category?
RSST is an alternatives ETF and TLT is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, RSST or TLT?
In the year to Nov 4, 2026, with distributions reinvested, RSST returned +23.3% and TLT −4.8%.
Which is cheaper, RSST or TLT?
TLT is cheaper, by 0.84 percentage points a year. That is about $84 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, RSST against TLT, data as of Nov 4, 2026. https://etfiq.com/compare/any/rsst-vs-tlt

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