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Elevation Series Trust - RiverNorth Market Neutral ETF

RNMN

BATS
$26.070.26% (+0.06)
High
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Low
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Returns
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1D
1W
1M
3M
6M
1Y
5Y
Max

US ETF

Financial

Sectoral & Thematic ETF

Invests in financial segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

0.92%
AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

$6.87M
Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0.02
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

2.40%
PE
PE

Ratio of price to the prospective earnings of the ETF's underlyings

—
PE Category
PE Category

Ratio of price to the prospective earnings of the holdings of ETFs from the same category

12.67

ETF Profile

ETF Profile

Exp. Ratio
0.09%
0.09%
PE
13.51
13.51
1Y Return
6.39%
6.39%
Exp. Ratio
0.1%
0.1%
PE
14.88
14.88
1Y Return
6.18%
6.18%
Exp. Ratio
0.36%
0.36%
PE
10.67
10.67
1Y Return
16.15%
16.15%
Exp. Ratio
0.3399%
0.3399%
PE
10.43
10.43
1Y Return
20.4%
20.4%
Exp. Ratio
0.4%
0.4%
PE
12.99
12.99
1Y Return
6.77%
6.77%
Compare with Peers

Peers

Peers & Comparison

Peers & Comparison

Comparing 2 ETFs from
ETFFinancial
ScreenerCompare ETFs on Screener
ETFTotal AUMTotal AUMExp. RatioExp. Ratio1Y Return1Y Return
Elevation Series Trust - RiverNorth Market Neutral ETF $6.87M0.9199%-0.21%
Financial Select Sector SPDR® Fund$51.72B0.09%6.39%
Vanguard Financials Index Fund ETF Shares$13.23B0.1%6.18%

Price Comparison

Price Comparison

Compare RNMN with any stock or ETF
Compare RNMN with any stock or ETF
Comparing from
RNMN
XLF
VFH
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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • TONT
    Sector: Financial Services
    Holdings2.54 %
    TONT
    TONT

    Holdings

    2.54 %

    Financial Services
  • Solarius Capital Acquisition Corp.
    Sector: Financial Services
    Holdings2.08 %
    Solarius Capital Acquisition Corp.
    SOCA

    Holdings

    2.08 %

    Financial Services
  • Bitcoin Infrastructure Acquisition Corp Ltd. Class A Ordinary Shares
    Sector: Financial Services
    Holdings1.94 %
    Bitcoin Infrastructure Acquisition Corp Ltd. Class A Ordinary Shares
    BIXI

    Holdings

    1.94 %

    Financial Services
  • Activate Energy Acquisition Corp. Class A Ordinary Share
    Sector: Financial Services
    Holdings1.97 %
    Activate Energy Acquisition Corp. Class A Ordinary Share
    AEAQ

    Holdings

    1.97 %

    Financial Services
  • Lafayette Digital Acquisition Corp. I Class A Ordinary Shares
    Sector: Financial Services
    Holdings2.06 %
    Lafayette Digital Acquisition Corp. I Class A Ordinary Shares
    ZKP

    Holdings

    2.06 %

    Financial Services
  • SC II Acquisition Corp. Class A ordinary share
    Sector: Financial Services
    Holdings1.95 %
    SC II Acquisition Corp. Class A ordinary share
    SCII

    Holdings

    1.95 %

    Financial Services
  • United Acquisition Corp. I
    Sector: Financial Services
    Holdings2.00 %
    United Acquisition Corp. I
    UAC

    Holdings

    2.00 %

    Financial Services
  • Legato Merger Corp. IV
    Sector: Financial Services
    Holdings2.00 %
    Legato Merger Corp. IV
    LEGO

    Holdings

    2.00 %

    Financial Services
  • EQV Ventures Acquisition Corp. II
    Sector: Financial Services
    Holdings2.00 %
    EQV Ventures Acquisition Corp. II
    EVAC

    Holdings

    2.00 %

    Financial Services
  • Mountain Lake Acquisition Corp. II Class A Ordinary Shares
    Sector: Financial Services
    Holdings1.51 %
    Mountain Lake Acquisition Corp. II Class A Ordinary Shares
    MLAA

    Holdings

    1.51 %

    Financial Services

Frequently asked questions

  1. Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) is currently trading at $26.07. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) is 0.92%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN)’s top holdings currently include TONT, Solarius Capital Acquisition Corp., and Lafayette Digital Acquisition Corp. I Class A Ordinary Shares. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN)’s current assets under management (AUM) are $6.87M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. You can compare Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN) with Financial Select Sector SPDR® Fund (XLF), Vanguard Financials Index Fund ETF Shares (VFH), and Invesco KBW Bank ETF (KBWB) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

  11. Elevation Series Trust - RiverNorth Market Neutral ETF (RNMN)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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