# RDTL (GraniteShares 2x Long RDDT Daily ETF)

GraniteShares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: RDTL returned −57.5% where its own daily promise gave −56.0%, 1.5 points short.

## Key facts

- RDTL, what RDDT did: −28.0%, as of Sep 30, 2026.
- RDTL, what 2 times a day gives: −56.0%, as of Sep 30, 2026.
- RDTL, what the fund returned: −57.5%, as of Sep 30, 2026.
- RDTL, the fund itself cost: −1.5 pts, as of Sep 30, 2026.
- RDTL, net assets: $57m (issuer page, as of Sep 30, 2026).
- RDTL, expense ratio: 1.50% (485BPOS XBRL, Oct 24, 2025).

## RDTL over each window to Sep 30, 2026

| Window | Fund | RDDT | +2x the move | Difference | RDDT moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −10.2% | −3.6% | −7.3% | −2.9 pts | 54% |
| 3 months | −57.5% | −28.0% | −55.9% | −1.6 pts | 75% |
| 6 months | −24.8% | +4.6% | +9.2% | −34.0 pts | 76% |
| 1 year | −80.6% | −38.1% | −76.1% | −4.5 pts | 71% |
| Since launch | −55.3% | +13.6% | +27.1% | −82.4 pts | 73% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of RDDT, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.06 times, against +2 stated | ETFIQ |
| Underlying | RDDT | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $57m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Oct 24, 2025 |
| Launched | Mar 25, 2025 | ETFIQ |
| Underlying volatility over the window | 75% annualized | ETFIQ |

## Questions

### Did RDTL return +2 times RDDT?

Over the window to Sep 30, 2026, RDDT moved −28.0% and RDTL returned −57.5%. 2 times that move is −55.9%, so the fund came out 1.6 points short of it.

### Why does RDTL not return +2 times over a year?

Because it resets daily. RDTL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x RDDT ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, RDTL, data as of Sep 30, 2026. https://etfiq.com/funds/rdtl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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