Data as of .
RDDC vs RDTL: which held to its multiple?
Over the days both have traded, RDDC finished 5.4 points from its stated multiple and RDTL 6.3.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| RDDC | RDTL | RDDC | RDTL | RDDC | RDTL | |
| 1 month | +0.3% | −0.7% | +5.6% | +5.6% | −5.4 pts | −6.3 pts |
| 3 months | not published | −25.8% | not published | −5.3% | not published | −20.4 pts |
| 6 months | not published | −4.7% | not published | +38.4% | not published | −43.1 pts |
| 1 year | not published | −81.7% | not published | −78.9% | not published | −2.8 pts |
| Since launch | −49.1% | −44.5% | −44.8% | +51.6% | −4.3 pts | −96.0 pts |
| RDDC Corgi RDDT 2x Daily ETF Aims to return twice the daily move of RDDT | RDTL GraniteShares 2x Long RDDT Daily ETF Aims to return twice the daily move of RDDT | |
|---|---|---|
| Issuer | Corgi | GraniteShares |
| Sets out to return | +2x | +2x |
| On | RDDT | RDDT |
| Segment | company | company |
| Fund returned, 3 months | +0.3% | −25.8% |
| Underlying returned, 3 months | +2.8% | −2.7% |
| What the stated multiple implies, 3 months | +5.6% | −5.3% |
| Difference from stated, 3 months | −5.4 pts | −20.4 pts |
| Fund returned, 1 year or since launch | −49.1% | −81.7% |
| Difference from stated, over that window | −4.3 pts | −2.8 pts |
| Underlying volatility | 76% | 86% |
| Difference over the days both have traded | −5.4 pts | −6.3 pts |
| Expense ratio | not published | 1.50% |
| Launched | Jul 14, 2026 | Mar 25, 2025 |
RDDC in plain words
One month to Sep 11, 2026: RDDC returned +0.3% where its own daily promise gave +1.1%, 0.9 points short. Read the multiple against the whole window instead and +2 times RDDT's 2.8% implies +5.6%, which makes RDDC look 5.4 points short. 4.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. RDDC aims to return +2 times RDDT's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. RDDT moved at 76% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
RDTL in plain words
Three months to Sep 11, 2026: RDTL returned −25.8% where its own daily promise gave −22.3%, 3.5 points short. Read the multiple against the whole window instead and +2 times RDDT's −2.7% implies −5.3%, which makes RDTL look 20.4 points short. 16.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. RDTL aims to return +2 times RDDT's move each day, then resets. RDDT moved at 86% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, RDDC or RDTL?
- Over the window to Sep 11, 2026, RDDC finished 5.4 points from what its multiple implies and RDTL finished 20.4 points from its own, so RDDC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are RDDC and RDTL levered on the same thing?
- Yes. Both are levered on RDDT, RDDC at +2 times and RDTL at +2 times the daily move.
- Which one decays faster, RDDC or RDTL?
- Decay follows how much the underlying moves about. Over this window RDDC’s moved at 76% annualized and RDTL’s at 86%, so RDTL has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold RDDC or RDTL for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, RDDC against RDTL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/RDDC-RDTL Free to use with attribution; the underlying files are at Open data.