FDRX vs. RTXG

Last updated Jun 25, 2026

FDRX (Founder-Led 2X Daily ETF) and RTXG (Leverage Shares 2X Long RTX Daily ETF) are both Leveraged Equities funds. FDRX is passively managed, while RTXG is actively managed. At a 0.07 correlation, their price movements are largely independent. FDRX charges 1.08%/yr vs 0.75%/yr for RTXG.

Performance

FDRX vs. RTXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Founder-Led 2X Daily ETF (FDRX) and Leverage Shares 2X Long RTX Daily ETF (RTXG). 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*: —

RTXG

• 1D: -1.44%
• 1M: 7.44%
• YTD: -5.66%
• 6M: -8.77%
• 1Y: 47.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDRX vs. RTXG - Yearly Performance Comparison

	2026 (YTD)
FDRX Founder-Led 2X Daily ETF	-22.73%
RTXG Leverage Shares 2X Long RTX Daily ETF	-18.87%

Correlation

The correlation between FDRX and RTXG is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 15, 2026	0.07

Return for Risk

FDRX vs. RTXG — 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.

RTXG

RTXG Risk / Return Rank: 29
RTXG Sharpe Ratio Rank: 30
RTXG Sortino Ratio Rank: 32
RTXG Omega Ratio Rank: 31
RTXG Calmar Ratio Rank: 28
RTXG Martin Ratio Rank: 26

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. RTXG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) and Leverage Shares 2X Long RTX Daily ETF (RTXG). 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	RTXG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.96	—
Sortino ratio: Return per unit of downside risk	—	1.60	—
Omega ratio: Gain probability vs. loss probability	—	1.20	—
Calmar ratio: Return relative to maximum drawdown	—	1.27	—
Martin ratio: Return relative to average drawdown	—	3.15	—

Drawdowns

FDRX vs. RTXG - Drawdown Comparison

The maximum FDRX drawdown since its inception was -39.78%, which is greater than RTXG's maximum drawdown of -37.49%. Use the drawdown chart below to compare losses from any high point for FDRX and RTXG.

Drawdown Indicators

	FDRX	RTXG	Difference
Max Drawdown Largest peak-to-trough decline	-39.78%	-37.49%	-2.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-37.49%	—
Current Drawdown Current decline from peak	-24.21%	-27.89%	+3.68%
Average Drawdown Average peak-to-trough decline	-20.04%	-9.70%	-10.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.06%	—

Volatility

Volatility by Period

	FDRX	RTXG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.70%	49.93%	+8.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.70%	50.12%	+8.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.70%	50.12%	+8.58%

FDRX vs. RTXG - Expense Ratio Comparison

FDRX has a 1.08% expense ratio, which is higher than RTXG's 0.75% expense ratio.

Dividends

FDRX vs. RTXG - Dividend Comparison

FDRX has not paid dividends to shareholders, while RTXG's dividend yield for the trailing twelve months is around 6.74%.

Position	TTM	2025
FDRX Founder-Led 2X Daily ETF	0.00%	0.00%
RTXG Leverage Shares 2X Long RTX Daily ETF	6.74%	6.36%

Frequently Asked Questions

Can I hold both FDRX and RTXG in my portfolio?

FDRX and RTXG have a correlation of 0.07, 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 RTXG?

On fees, RTXG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDRX or RTXG?

RTXG is cheaper with a 0.75% expense ratio, compared with 1.08% for FDRX.

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

RTXG has the higher dividend yield at 6.74%, compared with 0.00% for FDRX.

What is the main difference between FDRX and RTXG?

They also come from different issuers: Corgi Strategies and Leverage Shares. Their fees differ too: 1.08% for FDRX and 0.75% for RTXG.