RDTL vs. AMDL

Last updated Aug 2, 2026

RDTL (GraniteShares 2x Long RDDT Daily ETF) and AMDL (GraniteShares 2x Long AMD Daily ETF) are both Leveraged Equities funds from GraniteShares. RDTL is actively managed, while AMDL is passively managed. Over the past year, RDTL returned -71.42% vs 325.41% for AMDL. Their 0.20 correlation means their historical movements had little consistent relationship. RDTL charges 1.50%/yr vs 1.07%/yr for AMDL.

Performance

RDTL vs. AMDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long RDDT Daily ETF (RDTL) and GraniteShares 2x Long AMD Daily ETF (AMDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDTL achieves a -75.86% return, which is significantly lower than AMDL's 232.67% return.

RDTL

• 1D: -41.98%
• 1M: -53.08%
• 6M: -58.69%
• YTD: -75.86%
• 1Y: -71.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -40.78%

AMDL

• 1D: -3.34%
• 1M: -20.60%
• 6M: 179.62%
• YTD: 232.67%
• 1Y: 325.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMDL GraniteShares 2x Long AMD Daily ETF	$184.60M	$207.34M	$361.62M
RDTL GraniteShares 2x Long RDDT Daily ETF	$19.36M	$13.86M	$13.20M

RDTL vs. AMDL - Yearly Performance Comparison

	2026 (YTD)	2025
RDTL GraniteShares 2x Long RDDT Daily ETF	-75.86%	104.22%
AMDL GraniteShares 2x Long AMD Daily ETF	232.67%	144.11%

Correlation

The correlation between RDTL and AMDL is 0.16, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.16
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	0.20

RDTL vs. AMDL - Sectors Allocation Comparison

Sectors	RDTL	AMDL
Communication Services	66.7%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	66.7%
Utilities	-	-

Return for Risk

RDTL vs. AMDL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RDTL

RDTL Risk / Return Rank: 7
RDTL Sharpe Ratio Rank: 6
RDTL Sortino Ratio Rank: 10
RDTL Omega Ratio Rank: 10
RDTL Calmar Ratio Rank: 3
RDTL Martin Ratio Rank: 4

AMDL

AMDL Risk / Return Rank: 86
AMDL Sharpe Ratio Rank: 89
AMDL Sortino Ratio Rank: 86
AMDL Omega Ratio Rank: 83
AMDL Calmar Ratio Rank: 95
AMDL Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RDTL vs. AMDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long RDDT Daily ETF (RDTL) and GraniteShares 2x Long AMD Daily ETF (AMDL). 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.

	RDTL	AMDL	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	2.14	-2.58
Sortino ratio: Return per unit of downside risk	0.06	2.84	-2.79
Omega ratio: Gain probability vs. loss probability	1.01	1.35	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.73	5.44	-6.16
Martin ratio: Return relative to average drawdown	-1.03	10.24	-11.27

RDTL vs. AMDL - Sharpe Ratio Comparison

The current RDTL Sharpe Ratio is -0.44, which is lower than the AMDL Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of RDTL and AMDL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDTL vs. AMDL - Drawdown Comparison

The maximum RDTL drawdown since its inception was -85.30%, roughly equal to the maximum AMDL drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for RDTL and AMDL.

Drawdown Indicators

	RDTL	AMDL	Difference
Max Drawdown Largest peak-to-trough decline	-85.30%	-88.63%	+3.33%
Max Drawdown (1Y) Largest decline over 1 year	-85.30%	-56.13%	-29.17%
Current Drawdown Current decline from peak	-85.30%	-37.49%	-47.81%
Average Drawdown Average peak-to-trough decline	-47.12%	-46.51%	-0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.27%	29.74%	+30.53%

Volatility

RDTL vs. AMDL - Volatility Comparison

GraniteShares 2x Long RDDT Daily ETF (RDTL) has a higher volatility of 61.08% compared to GraniteShares 2x Long AMD Daily ETF (AMDL) at 48.46%. This indicates that RDTL's price experiences larger fluctuations and is considered to be riskier than AMDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDTL	AMDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	61.08%	48.46%	+12.62%
Volatility (6M) Calculated over the trailing 6-month period	110.88%	112.40%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	142.35%	142.48%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.59%	120.98%	+25.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.59%	120.98%	+25.61%

RDTL vs. AMDL - Expense Ratio Comparison

RDTL has a 1.50% expense ratio, which is higher than AMDL's 1.07% expense ratio.

Dividends

RDTL vs. AMDL - Dividend Comparison

Neither RDTL nor AMDL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDTL and AMDL in my portfolio?

RDTL and AMDL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDTL or AMDL?

RDTL has higher volatility (61.08%) compared to AMDL (48.46%). In terms of maximum drawdown, RDTL dropped -85.30% vs AMDL's -88.63%.

Which ETF is better, RDTL or AMDL?

On 1-year performance, AMDL leads with 325.41% vs -71.42% for RDTL. On fees, AMDL is cheaper at 1.07% per year. On volatility, AMDL has been the lower-risk option at 48.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDTL or AMDL?

Over the 1-year period, AMDL has performed better with a 325.41% return vs -71.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDTL or AMDL?

AMDL is cheaper with a 1.07% expense ratio, compared with 1.50% for RDTL.

Which ETF pays a higher dividend yield, RDTL or AMDL?

RDTL and AMDL have nearly identical dividend yields, around 0.00%.

What is the main difference between RDTL and AMDL?

Their fees differ too: 1.50% for RDTL and 1.07% for AMDL.

Which has better risk-adjusted returns?

AMDL currently has the higher Sharpe Ratio (2.14 vs -0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.