Tidal Trust II - Return Stacked Bonds & Managed Futures ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by Newfound Research LLC, Resolve Asset Management Inc. and Resolve Asset Management Sezc. The fund invests in public equity, fixed income, commodity, and currency markets of the United States. For its equity portion, it invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in U.S. Treasury securities, broad-based bond ETFs, or U.S. Treasury futures contracts. For its commodity portion, it uses derivatives such as futures to invest in commodity markets. For its currency portion, the fund uses derivatives such as futures to invest in currencies. The Fund gains exposure to futures contracts either directly or indirectly by investing through a wholly-owned Cayman Islands subsidiary. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index. The fund employs proprietary research to create its portfolio. Tidal Trust II - Return Stacked Bonds & Managed Futures ETF was formed on February 7, 2023 and is domiciled in the United States.