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RDWU

GradeDChicago Board Options Exchange

ETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF

Leveraged · Single-Stock Leveraged · Rexshares · Inception 2026-01-30 · SEC filings

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.

$6.57−0.75 (−10.25%)

As of Sep 23, 2026, 2:24 PM EDT

History starts Jan 30, 2026.History starts Jan 30, 2026.
Intraday session: down, 57 prints from 7.32 to 6.57. Range 6.57 to 7.23. Use the arrow keys to read each point.$6.80$7.00$7.2010 AM12 PM2 PM4 PM
Expense ratio
1.50%
Fund size
$37M
1Y return
—
Yield · Last 12 months
—
Holdings
5
Volume · 30D
1.6M sh
NAV per share
$7.13
52W range
low $3.70high $59.29

The ETF.net RDWU Grade

D

29/ 100

Rank 268 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for RDWU. Scores out of 100: Cost 13, Risk 32, Mission 97, Tradability 51, Holdings not scored, Durability 60. Strongest: Mission (97). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 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 13
    Category rank338/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 97
    Category rank26/147 · top 18%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 32
    Category rank215/285 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank172/380 · top 45%

  • 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.
    BScore 60
    Category rank126/380 · top 33%

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

Our read on RDWU

ETF.net Research

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

  1. 01One job, stated plainly: it aims to deliver 200% of RDW's daily performance. No options overlay, no income sleeve, no hedge to decode.
  2. 02Rare target. The leveraged single-stock shelf leans on mega-caps like GGLL, AAPU and AMDG; RDWU reaches into industrials instead.
  3. 03Built as a registered 1940 Act fund, not a bank-issued note, so the exposure sits inside a standard ETF wrapper.rexshares.com
  4. 04Trades 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

  1. 01The 1.50% expense ratio runs above the roughly 1% typical of its peer group, and well above 0.75% rivals like UNHG and ASMG.
  2. 02Daily reset means the 2x math applies to one day at a time. Hold longer and compounding takes over, especially through choppy stretches.
  3. 03Young 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 Holdings

As of Sep 20, 2026, 9:05 AM
Asset class
Stocks
Holdings
5
Top-10 weight
206%
Largest holding
REDWIRE CORPORATION-SWAP-MREX-L83.3%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—REDWIRE CORPORATION-SWAP-MREX-L83.28%2,616,770$30M1
002—REDWIRE CORPORATION SWAP CS73.96%2,324,178$27M1
003—REDWIRE CORPORATION-SWAP-JNST-L43.24%1,358,765$16M1
004—FIRST AMERICAN GOVERNMENT OBLI FIRST AM GOV OBLIG X5.64%2,045,936$2M625

Showing 1–4 of 4 holdings

RDWU Performance

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

RDWU$6,338
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. RDWU $6,338. SPY $10,415. Use the arrow keys to read each point.$2,624$6,827$11,030Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 RDWU. Periods over one year show the average yearly return.
PeriodRDWU
Year to dateFund launched this year—
1 month−9.6%
3 months−36.6%
1 yearFund is under 1 year old—
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 RDWU
YearReturn barRDWU
2026 YTD−65.1%

Since listing, Jan 30, 2026

RDWU in the news

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

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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

RDWU 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.
—
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.

RDWU Cost

Expense ratio1.50%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

RDWU costs $150.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.