RDDC vs RDTL: which held to its multiple?
Over the days both have traded, RDDC finished 2.5 points from its stated multiple and RDTL 2.9. Corgi RDDT 2x Daily ETF and GraniteShares 2x Long RDDT Daily ETF.
RDDC returned −9.8% while 2 times RDDT's move would have been −7.3%
RDTL returned −57.5% while 2 times RDDT's move would have been −55.9%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | RDDC | RDTL | RDDC | RDTL | RDDC | RDTL |
| 1 month | −9.8% | −10.2% | −7.3% | −7.3% | −2.5 pts | −2.9 pts |
| 3 months | not published | −57.5% | not published | −55.9% | not published | −1.6 pts |
| 6 months | not published | −24.8% | not published | +9.2% | not published | −34.0 pts |
| 1 year | not published | −80.6% | not published | −76.1% | not published | −4.5 pts |
| Since launch RDDC Jul 2026 · RDTL Mar 2025 | −59.0% | −55.3% | −59.9% | +27.1% | +0.8 pts | −82.4 pts |
RDDC and RDTL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
RDDC and RDTL on the same fields, as of Sep 30, 2026. Source: ETFIQ.
RDDC in plain words
One month to Sep 30, 2026: RDDC returned −9.8% where its own daily promise gave −9.2%, 0.6 points short. Read the multiple against the whole window instead and 2 times RDDT's −3.6% implies −7.3%, which makes RDDC look 2.5 points short. 1.9 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 54% 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 30, 2026: RDTL returned −57.5% where its own daily promise gave −56.0%, 1.5 points short. Read the multiple against the whole window instead and 2 times RDDT's −28.0% implies −55.9%, which makes RDTL look 1.6 points short. 0.1 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 75% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, RDDC or RDTL?
- Over the window to Sep 30, 2026, RDDC finished 2.5 points from what its multiple implies and RDTL finished 1.6 points from its own, so RDTL 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 Reddit, 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 54% annualized and RDTL’s at 75%, 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.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, RDDC against RDTL, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rddc-vs-rdtl
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, RDDC against RDTL, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rddc-vs-rdtl Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, RDDC against RDTL, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rddc-vs-rdtl
- APA
- ETFIQ. (Sep 30, 2026). RDDC against RDTL. Retrieved from https://etfiq.com/compare/leverage/rddc-vs-rdtl
- Markdown
- [RDDC against RDTL (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/rddc-vs-rdtl)