INTW vs. CELT

Last updated Jun 4, 2026

INTW (GraniteShares 2x Long INTC Daily ETF) and CELT (Tradr 2X Long CELH Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. INTW charges 1.50%/yr vs 1.30%/yr for CELT.

Performance

INTW vs. CELT - Performance Comparison

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

Returns By Period

INTW

• 1D: 8.89%
• 1M: 29.41%
• YTD: 562.71%
• 6M: 361.23%
• 1Y: 1,617.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CELT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INTW vs. CELT - Yearly Performance Comparison

	2026 (YTD)	2025
INTW GraniteShares 2x Long INTC Daily ETF	562.71%	-10.40%
CELT Tradr 2X Long CELH Daily ETF	-19.49%	-56.51%

Correlation

The correlation between INTW and CELT is 0.11, 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 Oct 9, 2025	0.11

Return for Risk

INTW vs. CELT — Risk / Return Rank

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

INTW

INTW Risk / Return Rank: 97
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 95
INTW Omega Ratio Rank: 93
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 98

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.

INTW vs. CELT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long INTC Daily ETF (INTW) and Tradr 2X Long CELH Daily ETF (CELT). 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.

	INTW	CELT	Difference
Sharpe ratio: Return per unit of total volatility	11.42	—	—
Sortino ratio: Return per unit of downside risk	5.09	—	—
Omega ratio: Gain probability vs. loss probability	1.64	—	—
Calmar ratio: Return relative to maximum drawdown	33.18	—	—
Martin ratio: Return relative to average drawdown	77.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	INTW	CELT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	11.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.39	—	—

Drawdowns

Drawdown Indicators

	INTW	CELT	Difference
Max Drawdown Largest peak-to-trough decline	-60.58%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-49.34%	—	—
Current Drawdown Current decline from peak	-26.69%	—	—
Average Drawdown Average peak-to-trough decline	-30.07%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.05%	—	—

Volatility

Volatility by Period

	INTW	CELT	Difference
Volatility (1M) Calculated over the trailing 1-month period	48.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	111.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	143.36%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.22%	—	—

INTW vs. CELT - Expense Ratio Comparison

INTW has a 1.50% expense ratio, which is higher than CELT's 1.30% expense ratio.

Dividends

INTW vs. CELT - Dividend Comparison

Neither INTW nor CELT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both INTW and CELT in my portfolio?

INTW and CELT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INTW or CELT?

On fees, CELT is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INTW or CELT?

CELT is cheaper with a 1.30% expense ratio, compared with 1.50% for INTW.

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

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

What is the main difference between INTW and CELT?

They also come from different issuers: GraniteShares and Tradr ETFs. Their fees differ too: 1.50% for INTW and 1.30% for CELT.