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T-REX 2X Long RDW Daily Target ETF (RDWU) Diversifiers

ETF · Currency in USD · Last updated Jul 17, 2026

The T-REX 2X Long RDW Daily Target ETF seeks daily leveraged investment results equal to two times the daily performance of Redwire Corporation (RDW), before fees and expenses. The fund uses derivatives and is designed for sophisticated investors seeking short-term tactical exposure rather than long-term holding periods.

Looking to diversify beyond RDWU? The ETFs below have the lowest correlation with RDWU — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from RDWU.

Best Diversifiers for RDWU

2 ETFs have low correlation with RDWU (below 0.3), 0 of which are negatively correlated. The least correlated is T-Rex 2X Long Alphabet Daily Target ETF (GOOX) (Leveraged Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.21 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GOOX
T-Rex 2X Long Alphabet Daily Target ETF0.210.210.21
93
Leveraged BondsRDWU vs GOOX
AAPX
T-Rex 2X Long Apple Daily Target ETF0.260.260.26
78
Leveraged EquitiesRDWU vs AAPX
ASMG
Leverage Shares 2X Long ASML Daily ETF0.370.370.37
92
Leveraged EquitiesRDWU vs ASMG
INTW
GraniteShares 2x Long INTC Daily ETF0.380.380.38
96
Leveraged EquitiesRDWU vs INTW
MVLL
GraniteShares 2x Long MRVL Daily ETF0.400.400.40
68
Leveraged EquitiesRDWU vs MVLL
See all 7 diversifiers for RDWU

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Diversification Analysis

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