Skip to content
etf.net

Launched · SEC filings

T-REX 2X Long RDW Daily Target ETF

RDWUCboeRexsharesDThis 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.

$2.77−0.13 (−4.49%)

As of Nov 10, 2026, 11:19 AM ET

D27/ 100

Rank 332 of 367 in Single-Stock Long Leveraged

D27/100Rank 332 of 367inSingle-Stock Long Leveraged
Intraday session: down, 23 prints from 2.90 to 2.77. Range 2.72 to 2.95. Use the arrow keys to read each point.2.802.852.9510 AM12 PM2 PM4 PM
Expense ratio
1.50%
Fund size
$14M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
1.63M sh
52W range
low $1.64high $59.29
Launched
Filings
SEC EDGAR

The ETF.net RDWU Grade

Based on 5 of 6 pillars

D

Score 27 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
332 of 367
Six-pillar profile for RDWU. Scores out of 100: Cost 12, Risk 29, Mission 96, Tradability 50, Holdings not scored, Durability 56. Strongest: Mission (96). Weakest: Cost (12). Based on 5 of 6 pillars.

Score 27 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.
    F12 out of 100
    Rank 298 of 367

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A96 out of 100
    Rank 29 of 143

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 297 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 181 of 367

  • 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.
    B56 out of 100
    Rank 146 of 367

Our read on RDWU

ETF.net Research

In short

DLeveraged single-stock funds mostly chase mega-cap tech. This one points 2x daily leverage at Redwire (RDW), an industrials name, and resets the exposure every single trading day.

Stated mandate

The fund seeks to provide 200% of RDW's daily performance, offering short-term leveraged exposure to the company.

Why people hold it

  • One job, stated plainly: it aims to deliver 200% of RDW's daily performance. No options overlay, no income sleeve, no hedge to decode.
  • Rare target. The leveraged single-stock shelf leans on mega-caps like GGLL, AAPU and AMDG; RDWU reaches into industrials instead.
  • Built as a registered 1940 Act fund, not a bank-issued note, so the exposure sits inside a standard ETF wrapper.rexshares.com
  • Trades actively for a fund with a small asset base, which matters when the whole point is getting in and out inside a session.

Worth knowing

  • The 1.50% expense ratio runs above the roughly 1% typical of its peer group, and well above 0.75% rivals like UNHG and ASMG.
  • Daily reset means the 2x math applies to one day at a time. Hold longer and compounding takes over, especially through choppy stretches.
  • Young and small: launched in 2026, so there is little history, and doubling a single smaller company's swings is about as concentrated as it gets.

RDWU Performance

Launched Jan 30, 2026

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.Not enough history yet.Not enough history yet.
RDWU$2,741
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. RDWU $2,741. SPY $9,758. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 RDWU. Periods over one year show the average yearly return.
PeriodRDWU
Year to dateFund launched this yearNo data
1 month−38.2%
3 months−72.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 RDWU
YearReturn barRDWU
2026 YTD−86.2%

Since listing, Jan 30, 2026

RDWU in the news

RDWU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jan 2026. No distributions yet.

RDWU Risk

Risk pillarD29 out of 100Rank 297 of 363 in Single-Stock Long Leveraged

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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
2.14
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.

FMP measures it over up to five years of monthly returns.

RDWU Cost

Compare RDWU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$22,128

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RDWU 1.50%

    $26,283

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • RDWU 1.50%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530RDWU $26,283GOGL $4,155

Year by year

YearRDWUGOGLOverpaying
10$2,590$365$2,225
20$9,519$1,421$8,098
30$26,283$4,155$22,128

Other funds in Single-Stock Long Leveraged

See others