RGTU vs RGTX: which held to its multiple?

Over the days both have traded, RGTU finished 3.0 points from its stated multiple and RGTX 5.5. Tradr 2X Long RGTI Daily ETF and Defiance Daily Target 2X Long RGTI ETF.

−41.2%
RGTU returned, 3 months
−45.5%
RGTX returned, 3 months
−9.8 pts
RGTU from its stated multiple
−14.1 pts
RGTX from its stated multiple
RGTU · 3 months to Sep 30, 20269.8 pts short of its stated multiple
9.8 pts short of its stated multipleRGTU returned −41.2% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTU returned−41.2%9.8 pts short of its stated multipleRGTU returned −41.2% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTU returned−41.2%

RGTU returned −41.2% while 2 times RGTI's move would have been −31.5%

RGTX · 3 months to Sep 30, 202614.1 pts short of its stated multiple
14.1 pts short of its stated multipleRGTX returned −45.5% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTX returned−45.5%14.1 pts short of its stated multipleRGTX returned −45.5% while 2 times RGTI's move would have been −31.5%RGTI −15.7% ×2 implies−31.5%RGTX returned−45.5%

RGTX returned −45.5% while 2 times RGTI's move would have been −31.5%

ETFIQ Decay Resistance Score · RGTU scores higherDid it keep up with its own daily multiple, compounded day by day?
0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →

Performance, window by window

Total returnMultiple would giveDifference
WindowRGTURGTXRGTURGTXRGTURGTX
1 month−2.0%−4.5%+1.0%+1.0%−3.0 pts−5.5 pts
3 months−41.2%−45.5%−31.5%−31.5%−9.8 pts−14.1 pts
6 months−20.8%−31.1%+33.2%+33.2%−54.0 pts−64.2 pts
1 year−91.5%−93.7%−94.3%−94.3%+2.8 pts+0.7 pts
Since launch
RGTU Jun 2025 · RGTX Apr 2025
−57.4%−51.2%+73.7%not meaningful−131.1 ptsnot meaningful

RGTU and RGTX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

RGTU
Tradr 2X Long RGTI Daily ETF · Aims to return twice the daily move of Rigetti Computing (RGTI)
RGTX
Defiance Daily Target 2X Long RGTI ETF · Aims to return twice the daily move of Rigetti Computing (RGTI)
Issuer Tradr Defiance
Sets out to return +2x +2x
Underlying asset RGTI RGTI
Segment company company
Fund returned, 3 months or since launch −41.2% −45.5%
Underlying returned, over that window −15.7% −15.7%
What the stated multiple implies, over that window −31.5% −31.5%
Difference from stated, over that window −9.8 pts −14.1 pts
Fund returned, 1 year or since launch −91.5% −93.7%
Difference from stated, over that window +2.8 pts +0.7 pts
Underlying volatility 78% 78%
Difference over the days both have traded −3.0 pts −5.5 pts
Expense ratio 1.30% 1.56%
Launched Jun 24, 2025 Apr 1, 2025
Net assets $9m $43m

RGTU and RGTX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

RGTU in plain words

Three months to Sep 30, 2026: RGTU returned −41.2% where its own daily promise gave −38.8%, 2.4 points short. Read the multiple against the whole window instead and 2 times RGTI's −15.7% implies −31.5%, which makes RGTU look 9.8 points short. 7.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RGTU aims to return +2 times RGTI'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. RGTI moved at 78% 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.

RGTX in plain words

Three months to Sep 30, 2026: RGTX returned −45.5% where its own daily promise gave −38.8%, 6.7 points short. Read the multiple against the whole window instead and 2 times RGTI's −15.7% implies −31.5%, which makes RGTX look 14.1 points short. RGTX aims to return +2 times RGTI's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, RGTU or RGTX?
Over the window to Sep 30, 2026, RGTU finished 9.8 points from what its multiple implies and RGTX finished 14.1 points from its own, so RGTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are RGTU and RGTX levered on the same thing?
Yes. Both are levered on Rigetti Computing, RGTU at +2 times and RGTX at +2 times the daily move.
Which one decays faster, RGTU or RGTX?
Decay follows how much the underlying moves about. Over this window RGTU’s moved at 78% annualized and RGTX’s at 78%, so RGTU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold RGTU or RGTX 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.
Which is cheaper, RGTU or RGTX?
RGTU charges 1.30% a year and RGTX charges 1.56%, so RGTU is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, RGTU against RGTX, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtu-vs-rgtx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.