FDRX vs. INTW

Last updated Jun 25, 2026

FDRX (Founder-Led 2X Daily ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. FDRX is passively managed, while INTW is actively managed. At a 0.27 correlation, their price movements are largely independent. FDRX charges 1.08%/yr vs 1.50%/yr for INTW.

Performance

FDRX vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Founder-Led 2X Daily ETF (FDRX) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDRX

• 1D: -2.43%
• 1M: -10.12%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTW

• 1D: -1.07%
• 1M: 11.01%
• YTD: 741.14%
• 6M: 775.21%
• 1Y: 1,708.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDRX vs. INTW - Yearly Performance Comparison

	2026 (YTD)
FDRX Founder-Led 2X Daily ETF	-22.73%
INTW GraniteShares 2x Long INTC Daily ETF	396.78%

Correlation

The correlation between FDRX and INTW is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 15, 2026	0.27

Return for Risk

FDRX vs. INTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDRX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 95
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDRX vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) and GraniteShares 2x Long INTC Daily ETF (INTW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDRX	INTW	Difference
Sharpe ratio: Return per unit of total volatility	—	11.55	—
Sortino ratio: Return per unit of downside risk	—	4.96	—
Omega ratio: Gain probability vs. loss probability	—	1.63	—
Calmar ratio: Return relative to maximum drawdown	—	35.05	—
Martin ratio: Return relative to average drawdown	—	79.47	—

Drawdowns

FDRX vs. INTW - Drawdown Comparison

The maximum FDRX drawdown since its inception was -39.78%, smaller than the maximum INTW drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for FDRX and INTW.

Drawdown Indicators

	FDRX	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-39.78%	-60.58%	+20.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.34%	—
Current Drawdown Current decline from peak	-24.21%	-13.43%	-10.78%
Average Drawdown Average peak-to-trough decline	-20.04%	-29.61%	+9.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.72%	—

Volatility

Volatility by Period

	FDRX	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	55.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	119.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.70%	150.16%	-91.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.70%	148.67%	-89.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.70%	148.67%	-89.97%

FDRX vs. INTW - Expense Ratio Comparison

FDRX has a 1.08% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

FDRX vs. INTW - Dividend Comparison

Neither FDRX nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FDRX and INTW in my portfolio?

FDRX and INTW have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDRX or INTW?

On fees, FDRX is cheaper at 1.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDRX or INTW?

FDRX is cheaper with a 1.08% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, FDRX or INTW?

FDRX and INTW have nearly identical dividend yields, around 0.00%.

What is the main difference between FDRX and INTW?

They also come from different issuers: Corgi Strategies and GraniteShares. Their fees differ too: 1.08% for FDRX and 1.50% for INTW.