> For the complete documentation index, see [llms.txt](https://cicada-finance.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cicada-finance.gitbook.io/docs/faq/what-percentage-of-returns-comes-from-directional-exposure.md).

# What percentage of returns comes from directional exposure?

Directional exposure and other non-market-neutral activities are not intended return sources for rtUSQ.

The strategy is designed to maintain **market-neutral or low-directional-exposure positioning**, and directional trading currently accounts for **0%** of the intended return structure.