Skip to content
etf.net

COTG vs RVNL

Leverage Shares 2X Long COST Daily ETF

COTGANasdaq

GraniteShares 2x Long RIVN Daily ETF

RVNLCNasdaq

Overlap

Expense ratio

COTG −0.45pt a year

COTG0.77%RVNL1.22%

Avg volume · 30D

RVNL 1.1×the volume

COTG97.2KRVNL109K

COTG vs RVNL Performance

Nov 7, 2025 – Nov 9, 2026

+16.3%COTG−52.6%RVNL

Nov 7, 2025 to Nov 9, 2026. COTG +16.3%. RVNL −52.6%. Use the arrow keys to read each point.50%100%Nov 2025May 2026Nov 2026
Expense ratio
COTG 0.77%, better
RVNL 1.22%
Fund size
COTG $9M
RVNL $14M
1Y total return
COTG +16.3%, better
RVNL −52.6%
Holdings
COTG 4
RVNL 2
Avg volume (30D)
COTG 97.2K sh
RVNL 109K sh, better
NAV per share
COTG $15.32
RVNL $16.72
52W range

ETF.net Grade

COTG: Cost 61, Risk 86, Mission 95, Tradability 77, Holdings not scored, Durability 56. RVNL: Cost 38, Risk 56, Mission 95, Tradability 74, Holdings not scored, Durability 70.
Pillar letters and Scores for COTG, RVNL, with each pillar’s weight
PillarCOTGRVNL
Cost30% weightB61HigherD38
Mission25% weightA95A95
Risk15% weightA86HigherB56
Tradability15% weightA77HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB56A70Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COTG and RVNL are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

COTG ranks 3rd and RVNL 81st of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 81CQCMUDirexion Daily QCOM Bull 2X ETFScore 52
  6. Rank 81CRVNLGraniteShares 2x Long RIVN Daily ETFScore 52
  7. Rank 84CBEXTradr 2X Long BE Daily ETFScore 51

Our read on each fund

ETF.net Research

COTGALeverage Shares 2X Long COST Daily ETF

RVNLCGraniteShares 2x Long RIVN Daily ETF

In short

COTG Most single-stock leverage chases chips and crypto. COTG points it at a warehouse club, aiming to deliver 200% of Costco's daily move before fees, and resetting the clock every session.

RVNL One lever, one stock: RVNL aims to deliver 2x Rivian's daily move, reset every trading day. The fee is 1.15% net of a waiver through December 31, 2026, against a 7.90% gross.

Stated mandate

COTG The fund seeks daily investment results equal to 200% of the daily performance of Costco Wholesale Corporation stock, before fees and expenses.

RVNL The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change of Rivian Automotive Inc. It is not designed to deliver twice the cumulative return over periods longer than one day.

Why people hold it

  • COTG A plain mandate, plainly stated: 200% of Costco's daily move, before fees and expenses. No index to second-guess, no stock-picking layered on top.leverageshares.com
  • Costs less than the typical fund in the 2x single-stock crowd, and there's no temporary waiver holding that number down.
  • It has tracked its 2x daily target closely since its 2025 launch, putting it among the stronger implementations in a crowded peer group.
  • RVNL Sticks closely to its stated 2x daily target, one of the stronger implementations in a crowded field of 2x single-stock funds.
  • Leverage comes from swap agreements held inside the fund, so the amplified exposure sits in an ordinary brokerage account instead of a margin account.sec.gov
  • Most single-stock leverage points at mega-caps. This one aims at Rivian, the electric-vehicle maker, in a ticker that trades like a stock.graniteshares.com

Worth knowing

  • COTG Daily reset. Hold past one session and compounding takes over, so multi-week results can drift well away from 2x Costco. The issuer frames it as a tactical, often single-day tool.leverageshares.com
  • One stock, doubled. A single earnings print lands twice as hard on the day, with no second holding to cushion it.
  • Not one of the category's most heavily traded names, so the spread and the order type are worth a look.
  • RVNL The 2x target resets daily. Hold longer and the result can drift well away from twice Rivian's move over the same stretch, especially in choppy markets.
  • At 1.15%, net of a waiver through December 31, 2026, the fee sits above the category median. Gross is 7.90%, so the waiver is doing real work.
  • Swap-based leverage carries counterparty risk, the fund is small by category standards, and it has made no distributions since launching in 2025.sec.gov

Full COTG profile⁠

Full RVNL profile⁠

COTG vs RVNL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COTG vs RVNL Cost

Overpaying RVNL vs COTG

$7,329

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

  • COTG 0.77%

    $14,829

  • RVNL 1.22%

    $22,158

$10,000
30 years

Cost over time

  • COTG 0.77%
  • RVNL 1.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530RVNL $22,158COTG $14,829

Year by year

YearCOTGRVNLOverpaying
10$1,371$2,131$760
20$5,205$7,931$2,726
30$14,829$22,158$7,329

Expense ratio

  • 0.77%COTG, cheaper
  • 1.22%RVNL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

COTG 135th cheapest of 312 funds

RVNL 227th cheapest of 312 funds

COTG vs RVNL Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
COTG None
RVNL None

Distribution history

COTGAll COTG payments⁠

No distribution history available.

RVNLAll RVNL payments⁠

No distribution history available.

COTG vs RVNL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COTG 38.3%since Oct 2025RVNL 77.6%since May 2025
Return per unit of riskSharpe ratio, 3 years
COTG 0.12since Oct 2025RVNL −0.50since May 2025
Worst fallMax drawdown, 5 years
COTG −36.4%since Sep 2025RVNL −83.6%since Apr 2025
Market sensitivityBeta, 5 years
COTG −0.04RVNL 0.73

COTG and RVNL in the news

All news⁠

Popular comparisons

  • COTGAvsUNHGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.77% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RVNLCvsUNHGA

    GraniteShares 2x Long RIVN Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.22% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COTGAvsTSMGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.77% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RVNLCvsTSMGA

    GraniteShares 2x Long RIVN Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.22% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COTGAvsOKTGA

    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.77% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • RVNLCvsOKTGA

    GraniteShares 2x Long RIVN Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.22% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.