Fund Evaluator:
RiverNorth Market Neutral ETF (RNMN)
Follow This Fund
Equity
Global Asset Class
Sector Equity
Fund Group
Financial
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.59% C
Expense Ratio
$7 Mil
Assets
Open
Status
0.00%
12b-1 Fee
9.44%
TTM Yield
0.00%
Max Load
64%
Portfolio Turnover
Best Performing in Financial Over the Last Year
| 23.6% | Gabelli Global Financial Services AAA (GAFSX) |
| 19.4% | Rydex Banking Inv (RYKIX) |
| 19.4% | Fidelity Select Banking (FSRBX) |
| 17.0% | Hennessy Small Cap Financial Investor (HSFNX) |
| 15.2% | Fidelity Select Financials Port (FIDSX) |
Data as of 8/31/2026
0.1% D
1-Mo Return
0.5% F
3-Mo Return
2.2% D
YTD Return
4.6% D
1-Yr Return
6.1% F
3-Yr Return
na
5-Yr Return
0.13 A
Category Risk Index
0.19
Total Risk Index
Fund Details
Fund Family
TrueShares
Inception Date
7/11/2022
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
ICE BofA US Broad Market TR USD: 100%
Additional Fund Details
RiverNorth Market Neutral ETF Overview
RNMN Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RNMN Return (NAV) | 0.1% | 0.5% | 4.6% | 6.1% | na | na |
| RNMN Grade | D | F | D | F | na | na |
| +/- Category | -0.1% | -10.0% | -7.4% | -15.4% | na | na |
| Financial Avg | 0.3% | 10.5% | 12.0% | 21.5% | 8.3% | 10.9% |
| RNMN Tax Cost Ratio | na | na | 4.1% | 2.5% | na | na |
RNMN Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RNMN Return (NAV) | 2.2% | 10.2% | 5.5% | 5.7% | na | na | na | na | na | na | na |
| RNMN Grade | D | C | F | D | na | na | na | na | na | na | na |
| +/- Category | -7.0% | -5.1% | -20.1% | -6.1% | na | na | na | na | na | na | na |
| Financial Avg | 9.1% | 15.3% | 25.6% | 11.8% | -16.7% | 33.5% | 0.6% | 28.3% | -15.3% | 16.1% | 20.9% |
| Risk Measures | |
| Standard Deviation: | 2.3% |
| Total Risk Index: | 0.19 - Low |
| Category Risk Index: | 0.13 - Low |
| Category Risk Grade: | A (6% Rank) |
| Beta: | 0.03 |
| R-Squared: | 2% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 9.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $7 Mil |
| Fund Total Assets: | $ 7 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 64% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.1 years | |||
| Average Tenure: 4.1 years | |||
| Managers (Year): Galley Patrick (2022), Pestrue Eric (2022) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 212 |
| % in Top 10 Holdings: | 24.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 14.4% |
Portfolio Allocation |
|
| Domestic Stock: | 79.8% |
| Foreign Stock: | 14.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 5.7% |
Purchase Information
| Fund Family: | TrueShares |
| Phone Number: | 800-617-0004 |
| Website: |
| Status: | Open |
| Inception Date: | July 11, 2022 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.59% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 1.33% |
| Share Class: | RiverNorth Market Neutral ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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