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Launched

GraniteShares 2x Long RDDT Daily ETF

RDTLNasdaqDThis 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.

$12.90−1.22 (−8.64%)

At close: Oct 13, 2026, 4:00 PM

D36/ 100

Rank 289 of 380 in Single-Stock Long Leveraged

D36/100Rank 289 of 380inSingle-Stock Long Leveraged
Intraday session: down, 78 prints from 14.12 to 12.90. Range 12.90 to 15.00. Use the arrow keys to read each point.13.5014.5015.0010 AM12 PM2 PM4 PM
Expense ratio
2.44%
Fund size
$67M
1Y total return
−66.6%
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
0.7M sh
NAV per share
$14.12
52W range
low $10.89high $65.00
Launched

The ETF.net RDTL Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
289 of 380
Six-pillar profile for RDTL. Scores out of 100: Cost 3, Risk 43, Mission 79, Tradability 84, Holdings not scored, Durability 76. Strongest: Tradability (84). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F3 out of 100
    Rank 367 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A79 out of 100
    Rank 126 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 211 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 34 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 34 of 380

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 Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
RDDT73.6%

Sectors

  • Communication100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001RDDTRddt73.56%1,151,959$184M284
002—US Dollars26.44%66,227,716$66M85

Showing 1–2 of 2 holdings

RDTL Performance

Launched Mar 25, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
RDTL$3,342
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. RDTL $3,342. SPY $12,044. Use the arrow keys to read each point.$1,703$8,780$15,857Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−71.9%
1 month+0.4%
3 months−45.4%
1 year−66.6%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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−71.9%
2025+98.1%

Since listing, Mar 25, 2025

RDTL in the news

Filtered to RDTL · Single-Stock Long Leveraged

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.
118.2%
Annualised · 18 months to Sep 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.
0.22
vs 3-month T-bills · 18 months to Sep 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.
−86.3%
18 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%

322 of the 333 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.

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