RDTL: GraniteShares 2x Long RDDT Daily ETF
Performance
RDTL -88.80%
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Summary
RDTL at a glance
RDTL returned -88.80% over the past year. Its worst drop in that year was -94.32%, smaller than 1% of ETFs on Redstone, and its Sharpe ratio of -0.65 beats 17% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-93.16%
Rolling Volatility
229.58%
Actions
Metrics
Risk Indicators
Alpha-139.90%
Beta4.30x
Sharpe-0.65
Sortino-0.87
Omega0.89
Calmar-0.94
Martin-1.49
Profile
About RDTL
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Reddit Inc. (NYSE: RDDT). The Fund is an actively managed exchange-traded fund that attempts to replicate 2 times (200%) the daily percentage change of the Underlying Stock by entering into financial instruments such as swaps and options on the Underlying Stock as well as directly purchasing the Underlying Stock.
From its prospectus, filed Oct 28, 2026- Category
- Leveraged
- Expense ratio
- 1.95%
- Tracks
- 2× RDDT daily
- Inception
- Mar 2025
Comparisons