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RDTL vs TSMG

GraniteShares 2x Long RDDT Daily ETF

RDTLDNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −1.19pt a year

RDTL1.95%TSMG0.76%

Avg volume · 30D

RDTL 11.7×the volume

RDTL808KTSMG69K

RDTL vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−92.0%RDTL+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. RDTL −92.0%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
RDTL 1.95%
TSMG 0.76%, better
Fund size
RDTL $38M
TSMG $28M
1Y total return
RDTL −92.0%
TSMG +40.8%, better
Holdings
RDTL 2
TSMG 5
Avg volume (30D)
RDTL 808K sh, better
TSMG 69K sh
NAV per share
RDTL $8.79
TSMG $33.77
52W range

ETF.net Grade

RDTL: Cost 0, Risk 32, Mission 85, Tradability 76, Holdings 44, Durability 76. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for RDTL, TSMG, with each pillar’s weight
PillarRDTLTSMG
Cost30% weightF0A70Higher
Mission25% weightA85HigherA79
Risk15% weightD32A84Higher
Tradability15% weightA76HigherA74
Holdings10% weightC44Not scored
Durability5% weightA76HigherB67

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. RDTL and TSMG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

TSMG ranks 1st and RDTL 275th of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 275DLITUT-REX 2X Long LITE Daily Target ETFScore 30
  4. Rank 275DRDTLGraniteShares 2x Long RDDT Daily ETFScore 30
  5. Rank 280DOKLLDaily Target 2X Long OKLO ETFScore 29

Our read on each fund

ETF.net Research

RDTLDGraniteShares 2x Long RDDT Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

RDTL One stock, one day. RDTL aims for twice Reddit's daily percentage move via derivatives, resetting every session, and the prospectus frames it as a short-term trading vehicle rather than a buy-and-hold Reddit position.

TSMG Two times TSM, one day at a time. TSMG aims for 200% of Taiwan Semiconductor's daily move, no margin account required, at 0.75% a year, below what most leveraged single-stock funds charge.

Stated mandate

RDTL 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.

TSMG The fund seeks daily investment results equal to 200% of the daily performance of Taiwan Semiconductor Manufacturing Company Ltd stock, before fees and expenses.

Why people hold it

  • RDTL The mandate is blunt: 2x the daily percentage change in RDDT, reset each session, written up as a short-term trading tool rather than a long-term holding.graniteshares.com
  • Fee is 1.50% net of a waiver through December 31, 2026, against a 2.44% gross, so the waiver is doing real work on the sticker price.
  • Actively traded, which counts for a product whose whole design life is measured in single sessions.
  • The leverage lives inside the fund: one ticker, no margin loan or options chain to manage yourself.graniteshares.com
  • TSMG Charges 0.75% a year, undercutting the 0.96% on Direxion's 2x single-stock funds such as AAPU and GGLL.leverageshares.com
  • The milder gear on the leveraged shelf: it targets double TSM's daily move, not triple.leverageshares.com
  • Leverage arrives inside a regular 1940 Act ETF. No margin agreement, no lender, and your exposure is capped at what you put in.leverageshares.com
  • Hits its stated daily target tightly, and rates among the stronger builds in a crowded field of 2x and 3x single-stock funds.

Worth knowing

  • RDTL Hold longer than a day and compounding takes the wheel. Results track the path RDDT travels, and higher volatility pushes outcomes further from 2x.sec.gov
  • Cost sits above the category median, and cheaper 2x wrappers exist on other names: OKTG at 0.75%, TSMG at 0.76%, neither with a waiver attached.
  • Everything rides on one company. A single earnings print or platform headline is the entire story, doubled, with no diversification underneath.
  • TSMG The leverage resets every day. Hold longer and compounding takes over, so multi-day results can drift well away from twice TSM's move, especially in choppy markets.leverageshares.com
  • One stock, one industry. Everything rides on Taiwan Semiconductor, doubled, so company-specific news lands twice as hard.
  • Young and small: launched in January 2025, and it sits among the smaller, less heavily traded names on the leveraged shelf, which can widen spreads.

Full RDTL profile⁠

Full TSMG profile⁠

RDTL vs TSMG 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.

RDTL vs TSMG Cost

Overpaying RDTL vs TSMG

$17,625

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

  • RDTL 1.95%

    $32,281

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • RDTL 1.95%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530RDTL $32,281TSMG $14,656

Year by year

YearRDTLTSMGOverpaying
10$3,305$1,353$1,952
20$11,910$5,142$6,768
30$32,281$14,656$17,625

Expense ratio

  • 1.95%RDTL
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

RDTL 313th cheapest of 315 funds

RDTL vs TSMG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
RDTL None
TSMG No data
Last payment
RDTL No data
TSMG $2.73
Ex-dividend
RDTL No data
TSMG Dec 30, 2025
Paid on
RDTL No data
TSMG Jan 2, 2026
Frequency
RDTL No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

RDTLAll RDTL payments⁠

No distribution history available.

TSMGIrregular · 1 paymentAll TSMG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.73. Use the arrow keys to read each point.$0$2.502026YTD

RDTL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
RDTL 127.8%since Apr 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
RDTL −0.14since Apr 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
RDTL −95.6%since Mar 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
RDTL 3.18TSMG 3.81

Popular comparisons

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

    Expense ratio
    1.95% · 0.77%
    Category
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  • TSMGAvsUNHGA

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  • TSMGAvsOKTGA

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  • TSMGAvsPANGA

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