RSPY — Revere Sector Opportunity ETF

Data updated: 2023-08-28

RSPY — Revere Sector Opportunity ETF. Global (incl. US) Real Estate · $6.80M AUM · 1.11% expense ratio. Holdings, fees, performance and SEC filings.

RSPY Fund Overview

RSPY — Revere Sector Opportunity ETF is a US ETF managed by Collaborative Investment Series Trust, categorised as Global (incl. US) Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: Collaborative Investment Series Trust
Category: Global (incl. US) Real Estate
Assets under management: $6.80M
1-year return: 16.8%
Ticker: RSPY
SEC CIK: 0001719812
SEC series ID: S000067519
Share class ID: C000217094

RSPY Investment Objective and Strategy

Revere Sector Opportunity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Collaborative Investment Series Trust.

Investment objective

The Revere Sector Opportunity ETF (the Fund) seeks capital appreciation.

Principal investment strategy

The Fund is an actively managed exchange traded fund (ETF) that will primarily invest in ETFs that represent a sector of the S&P 500 Index (Sector ETFs). The adviser delegates execution of the Funds strategy to the sub-adviser. The sub-adviser invests the Funds assets based on a proprietary sector selection model. The sub-advisers model recommends allocations for the Funds assets among Sectors ETFs that each focus on common stocks of companies included in an individual sectors of the S&P 500 Index, as determined by the Global Industry Classification Standard (GICS). The sub-adviser defines a Sector ETF as an ETF that invests its holdings in companies that are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poors 500 Composite Stock Index.

The S&P 500 Index is composed of the following eleven sectors: Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials. Under normal market conditions, the sub-adviser will invest the Funds assets in all eleven sectors that comprise the S&P 500 Index. The Funds assets are allocated among ETFs based on the sub-advisers proprietary sector selection model. The model incorporates macroeconomic, financial and market data to determine how to allocate the Funds asset among the individual sectors of the S&P 500 Index. The sub-advisers model determines whether each sector is underweight, overweight or index weight and allocates the Funds accordingly. The terms overweight (greater allocation), underweight (lesser allocation), and index weight (equal allocation) reflect the sub-advisers allocation of the Funds portfolio when compared to the S&P 500 Index.

If the sub-advisers models determine that a sector is overweight, the sub-adviser will allocate a higher portion of the Funds portfolio to the sector when compared to the sector weighting in the S&P 500 Index. If the sub-advisers models determine that a sector is underweight, the sub-adviser will allocate a smaller portion of the Funds portfolio to the sector when compared to the current sector weighting in the S&P 500 Index. When the sub-advisers models determine that a sector is index weight, the sub-adviser will invest the Funds portfolio to approximately mirror the sectors weighing when compared to the S&P 500 Index. Sectors that are deemed overweight will each receive a higher allocation of the Funds assets that withheld from sectors that are deemed underweight. The sub-adviser determines whether a sector is underweight, overweight, or index weight based on daily weekly, and monthly evaluation as well as review of technical factors.

The portfolios final sector allocation is subject to the sub-advisers risk and diversification constraints, which may limit the amount a sector may represent in the portfolio. The sub-advisers diversification constraints require the Fund to invest in at least five of the eleven sectors that comprise the S&P 500 Index at all times. The sub-adviser may not fully implement the results of the model if it believes the model does not take into account all relevant data, or that a different evaluation or weighting of the data is more appropriate. It is possible the Fund may not have exposure to all sectors at all times. In managing the Funds portfolio, the sub-adviser will actively manage the Fund, resulting in a high portfolio turnover rate. The sub-adviser may adjust holdings based on changes in the S&P 500 economic sector weightings.

RSPY Performance

Total returns for RSPY (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	16.8%
3 years (annualised)	-0.5%

RSPY Risk Information

Risk metrics for RSPY, derived from monthly returns in SEC filings.

1-year volatility (annualised): 20.1%

RSPY Costs and Fees

RSPY costs about $111 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.11%
Gross expense ratio: 2.57%
Brokerage commissions: 0.27 bps of average net assets (SEC N-CEN)

RSPY Cashflows

Over the 12 months to 2023-06, Revere Sector Opportunity ETF had net inflows of $1.15M, from monthly SEC N-PORT filings.

Month	Net flow
2023-06	$605.72K
2023-05	$0
2023-04	$0
2023-03	$0
2023-02	$0
2023-01	$0

RSPY Debt Constituents

No individual debt constituents are reported in Revere Sector Opportunity ETF's latest SEC N-PORT filing.

RSPY Prospectus and SEC Filings

Official Revere Sector Opportunity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Global (incl. US) Real Estate funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.