RDTL vs. IREG

Last updated Jun 24, 2026

RDTL (GraniteShares 2x Long RDDT Daily ETF) and IREG (Leverage Shares 2X Long IREN Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. RDTL charges 1.50%/yr vs 0.75%/yr for IREG.

Performance

RDTL vs. IREG - Performance Comparison

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

Returns By Period

In the year-to-date period, RDTL achieves a -61.77% return, which is significantly lower than IREG's 15.19% return.

RDTL

• 1D: -6.16%
• 1M: 27.13%
• YTD: -61.77%
• 6M: -60.64%
• 1Y: -15.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IREG

• 1D: -7.71%
• 1M: -15.58%
• YTD: 15.19%
• 6M: -7.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDTL vs. IREG - Yearly Performance Comparison

	2026 (YTD)	2025
RDTL GraniteShares 2x Long RDDT Daily ETF	-61.77%	9.46%
IREG Leverage Shares 2X Long IREN Daily ETF	15.19%	16.86%

Correlation

The correlation between RDTL and IREG is 0.21, 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 Dec 16, 2025	0.21

Return for Risk

RDTL vs. IREG — Risk / Return Rank

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

RDTL

RDTL Risk / Return Rank: 11
RDTL Sharpe Ratio Rank: 8
RDTL Sortino Ratio Rank: 16
RDTL Omega Ratio Rank: 15
RDTL Calmar Ratio Rank: 7
RDTL Martin Ratio Rank: 8

IREG

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

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.

RDTL vs. IREG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long RDDT Daily ETF (RDTL) and Leverage Shares 2X Long IREN Daily ETF (IREG). 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	IREG	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	—	—
Sortino ratio: Return per unit of downside risk	0.77	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	-0.19	—	—
Martin ratio: Return relative to average drawdown	-0.29	—	—

Drawdowns

RDTL vs. IREG - Drawdown Comparison

The maximum RDTL drawdown since its inception was -85.21%, which is greater than IREG's maximum drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for RDTL and IREG.

Drawdown Indicators

	RDTL	IREG	Difference
Max Drawdown Largest peak-to-trough decline	-85.21%	-80.08%	-5.13%
Max Drawdown (1Y) Largest decline over 1 year	-85.21%	—	—
Current Drawdown Current decline from peak	-76.73%	-54.09%	-22.64%
Average Drawdown Average peak-to-trough decline	-44.92%	-44.16%	-0.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.52%	—	—

Volatility

Volatility by Period

	RDTL	IREG	Difference
Volatility (1M) Calculated over the trailing 1-month period	49.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	95.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	131.93%	207.96%	-76.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	143.06%	207.96%	-64.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	143.06%	207.96%	-64.90%

RDTL vs. IREG - Expense Ratio Comparison

RDTL has a 1.50% expense ratio, which is higher than IREG's 0.75% expense ratio.

Dividends

RDTL vs. IREG - Dividend Comparison

Neither RDTL nor IREG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDTL and IREG in my portfolio?

RDTL and IREG have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDTL or IREG?

On fees, IREG 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, RDTL or IREG?

IREG is cheaper with a 0.75% expense ratio, compared with 1.50% for RDTL.

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

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

What is the main difference between RDTL and IREG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for RDTL and 0.75% for IREG.