ISUL vs. INTW

Last updated Jul 17, 2026

ISUL (GraniteShares 2X Long ISRG Daily ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

ISUL vs. INTW - Performance Comparison

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

Returns By Period

In the year-to-date period, ISUL achieves a -54.46% return, which is significantly lower than INTW's 332.72% return.

ISUL

• 1D: 7.11%
• 1M: -8.67%
• 6M: -49.59%
• YTD: -54.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTW

• 1D: -11.89%
• 1M: -36.23%
• 6M: 160.20%
• YTD: 332.72%
• 1Y: 833.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISUL vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
ISUL GraniteShares 2X Long ISRG Daily ETF	-54.46%	55.46%
INTW GraniteShares 2x Long INTC Daily ETF	332.72%	-6.32%

Correlation

The correlation between ISUL and INTW is 0.04, 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 Oct 7, 2025	0.04

Return for Risk

ISUL vs. INTW — Risk / Return Rank

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

ISUL

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

INTW

INTW Risk / Return Rank: 96
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 94
INTW Omega Ratio Rank: 91
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 97

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.

ISUL vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long ISRG Daily ETF (ISUL) 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.

	ISUL	INTW	Difference
Sharpe ratio: Return per unit of total volatility	—	5.47	—
Sortino ratio: Return per unit of downside risk	—	3.89	—
Omega ratio: Gain probability vs. loss probability	—	1.48	—
Calmar ratio: Return relative to maximum drawdown	—	15.18	—
Martin ratio: Return relative to average drawdown	—	36.20	—

Drawdowns

ISUL vs. INTW - Drawdown Comparison

The maximum ISUL drawdown since its inception was -62.78%, roughly equal to the maximum INTW drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for ISUL and INTW.

Drawdown Indicators

	ISUL	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-62.78%	-60.58%	-2.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.46%	—
Current Drawdown Current decline from peak	-58.26%	-55.46%	-2.80%
Average Drawdown Average peak-to-trough decline	-28.76%	-29.73%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.21%	—

Volatility

Volatility by Period

	ISUL	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	52.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	123.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.90%	154.09%	-86.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.90%	149.56%	-81.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.90%	149.56%	-81.66%

ISUL vs. INTW - Expense Ratio Comparison

Both ISUL and INTW have an expense ratio of 1.50%.

Dividends

ISUL vs. INTW - Dividend Comparison

Neither ISUL nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ISUL and INTW in my portfolio?

ISUL and INTW have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISUL or INTW?

Both ETFs have the same 1.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISUL or INTW?

ISUL and INTW have the same expense ratio: 1.50% per year.

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

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