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RDTL

GradeDNASDAQ Global Select

GraniteShares 2x Long RDDT Daily ETF

Leveraged · Single-Stock Leveraged · GraniteShares · Inception 2025-03-25

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$12.83−0.79 (−5.80%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 25, 2025.
Intraday session: down, 58 prints from 13.62 to 12.83. Range 12.29 to 13.45. Use the arrow keys to read each point.$12.50$13.00$13.5010 AM12 PM2 PM4 PM
Expense ratio
2.44%
Fund size
$59M
1Y return
−81.7%
Yield · Last 12 months
—
Holdings
2
Volume · 30D
0.7M sh
NAV per share
$14.15
52W range
low $10.89high $73.00

The ETF.net RDTL Grade

D

33/ 100

Rank 250 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for RDTL. Scores out of 100: Cost 3, Risk 34, Mission 80, Tradability 79, Holdings not scored, Durability 74. Strongest: Mission (80). Weakest: Cost (3). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 33 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 3
    Category rank371/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 80
    Category rank121/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank206/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank50/380 · top 13%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank45/380 · top 12%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on RDTL

ETF.net Research

DA one-trick trading tool: RDTL aims for twice the daily move of Reddit stock, no margin account required. The daily reset makes it a stopwatch instrument rather than a buy-and-hold, and its fee runs well above the 2x single-stock norm.

Stated mandate

The Fund seeks to deliver twice the daily percentage change of Reddit Inc. common stock before fees and expenses. It is intended as a short-term trading vehicle and is not designed to provide twice the cumulative return over periods longer than one day.

Why people hold it

  1. 01Twice the daily percentage move of Reddit stock, before fees, from a plain brokerage account. No margin loan, no options chain, no borrow to babysit.graniteshares.com
  2. 02It hits what it aims at. Day to day, the fund has stayed close to its stated 2x daily target, which is the whole job for a tool like this.
  3. 03Liquidity shows up. RDTL trades actively for a single-name leveraged fund, so entering and exiting is rarely the hard part of the trade.

Worth knowing

  1. 01The 2.44% expense ratio is the price of admission, well above what several 2x single-stock rivals charge (GGLL at 0.96%, AMDG at 0.75%).
  2. 02The math resets at every close. Held through a choppy stretch, the result can drift from 2x the stock's move over that full period, per the prospectus.graniteshares.com
  3. 03One stock, doubled. Reddit's swings arrive at double strength, and with a 2025 launch the fund's live record is short.

RDTL Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
RDDT SWAP66.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—RDDT SWAP66.68%721,571$110M1
002—US Dollars33.32%55,110,965$55M85

Showing 1–2 of 2 holdings

RDTL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RDTL$1,825
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RDTL $1,825. SPY $11,723. Use the arrow keys to read each point.$802$6,688$12,574Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RDTL. Periods over one year show the average yearly return.
PeriodRDTL
Year to date−72.9%
1 month−0.4%
3 months−33.4%
1 year−81.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RDTL
YearReturn barRDTL
2026 YTD−72.9%
2025+98.1%

Since listing, Mar 25, 2025

RDTL in the news

ETF.net Research hasn’t filed on RDTL yet — coverage lands here as it’s written.

RDTL Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

RDTL Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
121.3%
Annualised · 17 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.29
vs 3-month T-bills · 17 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−85.4%
17 months · trough Sep 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.18
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RDTL Cost

Expense ratio2.44%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

318 of the 329 Single-Stock Long Leveraged funds charge less.

RDTL costs $244.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.