Épisodes

  • Managed Futures-Why Now! Positioning, Energy, De-Dollarization, and Portfolio Blind Spots
    Sep 17 2025

    In this episode, Rodrigo Gordillo, Mike Philbrick, and Adam Butler from ReSolve Asset Management Global explore the timely relevance of managed futures, examining why the current macroeconomic environment may be particularly favorable for these strategies. They discuss recent drawdowns, the uncorrelated nature of trend and carry strategies, and the importance of diversification. The conversation also covers the benefits of strategic overlaying in portfolios, the impact of policy shocks, and the potential for managed futures to add value in various market conditions, including inflationary periods.

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    1 h et 5 min
  • STACKED UNPACKED: Quarterly Live Q&A
    Aug 18 2025
    In this episode, Corey Hoffstein and Adam Butler take you inside the latest Q2 commentary on the Return Stacked® ETF suite. They break down key strategies behind ETFs like RSSX, RSSB, RSBT, and RSST—covering everything from performance differentials in trend strategies to the mechanics of trend model replication. You’ll hear sharp analysis of return stack carry funds, year-to-date performance, and how they behave in multi-asset portfolios. The hosts also explore fixed income sector positioning, the role of energy exposure, and why merger arbitrage deserves a closer look as a diversifier. The episode wraps with the new RSSX ETF, blending U.S. stocks, gold, and Bitcoin to meet evolving market demands.

    *The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost, and current performance may be lower or higher than the performance quoted above.

    RSSX does not invest directly in Bitcoin or Gold.

    For prospectus, performance and risks visit the fund pages.

    RSST – https://www.returnstackedetfs.com/rsst-return-stacked-us-stocks-managed-futures/

    RSBT – https://www.returnstackedetfs.com/rsbt-return-stacked-bonds-managed-futures/

    RSSY – https://www.returnstackedetfs.com/rssy-return-stacked-us-stocks-futures-yield/

    RSBY – https://www.returnstackedetfs.com/rsby-return-stacked-bonds-futures-yield/

    RSBA – https://www.returnstackedetfs.com/rsba-return-stacked-bonds-merger-arbitrage/

    RSSX – https://www.returnstackedetfs.com/rssx-return-stacked-us-stocks-gold-bitcoin/

    BTGD – https://quantifyfunds.com/stackedbitcoingoldetf/btgd/

    Forside Fund Services, LLC Distributor.

    (0:00) Introduction to the Get Stacked Investment Podcast and symposium announcement (5:49) Overview of new ETFs: RSSX, RSSB, RSBT, and RSST (10:29) Performance differentials in RSSB and trend strategies (18:00) Performance tracking and replication strategy of trend models (23:42) Analysis of performance drivers in trend strategy (29:22) Year-to-date return of the trend model and currency trends (31:17) Introduction to return stack carry funds and strategy primer (36:12) Performance and correlation of carry strategy since inception (39:15) Energy potential in portfolio and fixed income sector analysis (44:43) Combining trend and carry strategies in portfolio construction (48:59) Comparison with GSAM cross asset carry index (52:25) Bonds and merger arbitrage strategy introduction and explanation (56:37) Merger arbitrage as a diversifier and comparison with corporate bonds (59:53) Introduction and rationale behind RSSX: US stocks, gold, and Bitcoin ETF (1:07:37) Closing remarks and symposium reminder
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    1 h et 9 min
  • E16. From Fringe to Foundational: The Case for Bitcoin in the Modern Portfolio
    Jul 31 2025
    In this episode, Rodrigo Gordillo, President of ReSolve Asset Management Global, and Mike Philbrick, CEO of ReSolve Asset Management Global unpack Ric Edelman’s bold argument for allocating 10–40% of a portfolio to Bitcoin. They explore how Bitcoin is evolving from a fringe asset to a foundational one, discuss its role alongside gold, and examine the structural shifts—from regulatory clarity to ETF innovation—that are driving institutional adoption. If you're rethinking diversification in a changing economic landscape, this conversation delivers the key insights. (0:00) Introduction to the Get Stacked Investment Podcast (2:45) Introduction of podcast hosts and disclaimers (3:33) Bitcoin as a digital hard currency compared to gold (7:22) Regulatory clarity and adoption of Bitcoin in portfolios (10:01) Evolving landscape for Bitcoin in traditional finance (13:11) Risk premium of non-cashflow assets (20:05) Benefits and methods of return stacking with Bitcoin (24:34) Behavioral biases in long-term Bitcoin allocation (26:28) Portfolio construction and the Bitwise paper on Bitcoin (31:16) Adjusting portfolios for inflation expectations (33:15) Risk budgeting with alternative assets like gold and Bitcoin (37:10) Using volatility as a heuristic for allocation (39:06) Global adoption and diversification with real assets (41:13) Research resources and concluding remarks
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    43 min
  • Stacking Merger Arbitrage with Corey Hoffstein
    Jul 10 2025
    In this special interview, Corey Hoffstein sits down with Advisor Analyst to discuss merger arbitrage and its role in portfolio diversification. Corey breaks down how investors can capture the residual spread in merger deals, comparing the strategy to traditional credit markets, and explaining how return stacking and portable alpha can enhance portfolio efficiency. Originally recorded for Advisor Analyst (advisoranalyst.com), this conversation offers valuable insights for investors exploring alternative risk premia and advanced portfolio construction techniques. (0:00) Introduction and mission statement (2:14) Merger arbitrage: Explanation, diversification benefits, and risk premium (9:44) Merger arbitrage in financial advisory (12:15) The return stacking approach and democratizing institutional strategies (15:34) Call to action and closing remarks
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    16 min
  • Mastering Diversified Carry with Adam Butler
    Jul 2 2025
    In this exclusive interview hosted by Advisor Analyst (advisoranalyst.com), Adam Butler dives deep into the mechanics of diversified carry strategies, cross-asset risk management, and return stacking. Adam unpacks the technical and practical definitions of carry, explains how the strategy operates across currencies, bonds, equities, and commodities, and explores how combining carry with trend following and managed futures can provide stable, risk-adjusted returns across economic cycles. (0:00) Event and registration details for the Return Stacking Symposium (0:46) Introduction and disclaimers (2:03) Overview of carry trade and its role in various asset classes (6:57) Diversification and risk management in carry strategies (10:00) Exploring the risk-reward balance in carry trade (12:08) Implementing global diversified carry strategies (15:06) Hedging and examples in carry strategy applications (17:54) Carry strategies for retail investors and market opportunities (21:42) Stock picking vs. carry and macro strategies (24:10) Closing remarks and call to action
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    25 min
  • E15. Stacking Returns Without Sacrificing Core Exposure: Introducing RSSX
    Jun 27 2025
    Investors seeking exposure to alternatives like gold and Bitcoin face a tough tradeoff: diversify or stay fully invested in stocks and bonds. What if you didn’t have to choose? In this episode, we unveil Return Stacked® U.S. Stocks & Gold/Bitcoin (RSSX) - an ETF designed to deliver long-term capital appreciation by stacking diversified exposures on top of traditional equity allocations. Discover how RSSX leverages capital-efficient strategies to provide $1 of exposure to U.S. large-cap stocks plus $1 of exposure to a Gold/Bitcoin mix - all for every $1 invested. We’ll walk through the mechanics, behavioral advantages, and real-world application of the latest return-stacking innovation. Whether you're an advisor looking to optimize client portfolios or an investor seeking smarter diversification, this session is a must-listen.

    *For the RSSX prospectus and risk disclosures, visit: https://www.returnstackedetfs.com/rssx-return-stacked-us-stocks-gold-bitcoin/

    **Exposures to gold and bitcoin will be done via exchange-traded funds and futures contracts, hence the fund does not invest directly in bitcoin or any other digital asset, and does not invest directly in gold or gold bullion. ***Standard deviation measures the volatility of an investment's returns, indicating how much they typically vary from the average. ****Investors should carefully consider the investment objectives, risks, charges, and expenses of the Return Stacked® U.S. Stocks & Gold/Bitcoin ETF. This and other important information about the ETF is contained in the prospectus, which can be obtained by calling 1-844-737-3001 or clicking here. The prospectus should be read carefully before investing. *****Quantify Chaos Advisors, LLC ("Quantify") has entered into a brand licensing agreement with Newfound Research LLC ("Newfound") and ReSolve Asset Management SEZC (Cayman) ("ReSolve"), granting the Quantify the right use the "STKd" brand, a derivative of Return Stacked®. Neither the fund trust nor the investment adviser is a party to this agreement. In exchange for the branding rights, Quantify will pay Newfound and ReSolve a fee based on a percentage of the fund's unitary management fee. Distributed by Foreside Fund Services, LLC.

    (0:00) Introduction to Return Stacking Symposium and Podcast (2:02) Introduction of hosts and guest speaker with overview of ReturnsTac Suite of Funds (3:29) Discussion on US Stocks and Gold Bitcoin ETF (RSSX) and diversification strategies (7:11) Explanation and practical implementation of return stacking (11:34) Strategy design for gold and Bitcoin allocation (24:12) Portfolio implementation with RSSX, strategy overview, and rebalancing (26:23) Q&A introduction, sponsor message, and rebalancing frequency (27:28) Borrowing costs, allocation structure, and risk weighting (34:22) Comparison between RSSX and BTGD, and impact of borrowing costs (39:25) Risk premium expectations for gold and Bitcoin (45:50) Tax efficiency, ETF liquidity, and fee structure (49:11) Portfolio sizing, volatility, and currency hedging (52:15) Hedged ETF costs, drawdowns, and portfolio impact (55:30) Upcoming resources and gold investment skepticism (57:51) Portfolio construction, hedging benefits, and closing remarks
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    1 h
  • E14. Reimagining the 60/40 Portfolio, Hard Assets, Bitcoin as Digital Gold & Asset Allocation Strategies
    Jun 26 2025
    In this episode hosts Mike Philbrick and Rodrigo Gordillo welcome Mark Valek, partner at Incrementum AG and co-author of the acclaimed In Gold We Trust report. Mark, a seasoned macro investor with decades of expertise at the intersection of gold, monetary policy, and systemic risk, offers deep insights into the evolving roles of gold and Bitcoin. The discussion covers a diverse range of topics including macro investing, fiscal dominance, central bank gold accumulation, innovative portfolio allocations, and the emergence of Bitcoin as digital gold. (0:00) Introduction and Event Announcement (3:04) Introduction of Guest Mark Valek (3:50) "The Big Long" Concept and Central Banks' Role (7:55) Sanctions Impact on Trust and Rise in Gold Purchases (11:33) Fiscal Dominance and Gold's Monetary Role (22:10) Gold Price Stability Amid Quantitative Tightening (28:28) Inflation and Gold Market Projections (33:13) Gold Allocation in Diversified Portfolios (41:31) Gold vs. Bitcoin: Asset Comparison (45:47) Bitcoin Adoption and Market Outlook (51:27) Integrating Gold and Bitcoin in Investment Strategies (53:26) Rethinking the Traditional Investment Portfolio (55:37) Exploring Alternative Assets (58:15) Structuring the New Age Portfolio (59:54) Closing Insights on Portfolio Performance (1:00:13) Guest Information and Incrementum Insights (1:01:40) Outro and Listener Engagement
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    1 h et 2 min
  • E13. In Gold We Trust 2025 - The Big Long
    Jun 6 2025
    Return Stacked is back with a deep dive into the world of alternative assets, featuring Mike Philbrick—CEO of ReSolve Asset Management and co-founder of Return Stacked ETFs, and Rodrigo Gordillo, President of ReSolve Asset Management and co-founder of Return Stacked ETFs, both of whom are recognized voices in asset management and diversification. In this engaging episode, Mike and Rodrigo explore a broad range of topics, including gold’s structural fundamentals, bitcoin’s emerging role, portfolio diversification techniques, behavioral biases, and the macro trends shaping global investment strategies. (0:00) Event invitation and podcast introduction (2:30) Episode focus: Gold, Bitcoin, and precious metals (3:03) Historical perspective on gold and its value (5:34) Gold's market dynamics and institutional interest (10:36) Structural reasons for gold's performance and public participation (17:01) Integrating gold into portfolios and comparison with other asset classes (23:27) Future prospects for gold mining stocks (24:33) Bitcoin as the digital counterpart to gold (26:13) Bitcoin vs. gold: Volatility and allocation strategies (30:34) Return stacking in portfolio construction (33:28) Rebalancing strategies with gold and Bitcoin (36:03) Institutional adoption of Bitcoin and gold (38:18) Behavioral finance in commodity investing (44:06) Incorporating non-correlated assets into portfolios (49:32) Developing intuition for emerging asset classes (51:01) Audience questions on volatility and leverage (55:28) Managing risk and avoiding excessive leverage (56:22) Seasonal gold investment strategies (57:00) Leveraging borrowing costs for capital efficiency (58:38) Diversifying with return stacking across asset classes (59:01) Contact information and episode disclaimer (59:48) Closing remarks and next steps
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    1 h