RDTL vs. MVLL

Last updated Jun 26, 2026

RDTL (GraniteShares 2x Long RDDT Daily ETF) and MVLL (GraniteShares 2x Long MRVL Daily ETF) are both Leveraged Equities funds from GraniteShares. RDTL is actively managed, while MVLL is passively managed. Over the past year, RDTL returned -31.28% vs 598.83% for MVLL. At a 0.28 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

RDTL vs. MVLL - 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 MRVL Daily ETF (MVLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDTL achieves a -65.26% return, which is significantly lower than MVLL's 621.98% return.

RDTL

• 1D: -3.81%
• 1M: 10.73%
• YTD: -65.26%
• 6M: -64.18%
• 1Y: -31.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MVLL

• 1D: 3.74%
• 1M: 48.86%
• YTD: 621.98%
• 6M: 595.95%
• 1Y: 598.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDTL vs. MVLL - Yearly Performance Comparison

	2026 (YTD)	2025
RDTL GraniteShares 2x Long RDDT Daily ETF	-65.26%	104.22%
MVLL GraniteShares 2x Long MRVL Daily ETF	621.98%	-13.34%

Correlation

The correlation between RDTL and MVLL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	0.28

The correlation between RDTL and MVLL shifts across timeframes, from 0.16 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

RDTL vs. MVLL - Sectors Allocation Comparison

Sectors	RDTL	MVLL
Communication Services	66.7%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	66.6%
Utilities	-	-

Return for Risk

RDTL vs. MVLL — Risk / Return Rank

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

RDTL

RDTL Risk / Return Rank: 9
RDTL Sharpe Ratio Rank: 7
RDTL Sortino Ratio Rank: 12
RDTL Omega Ratio Rank: 12
RDTL Calmar Ratio Rank: 6
RDTL Martin Ratio Rank: 7

MVLL

MVLL Risk / Return Rank: 93
MVLL Sharpe Ratio Rank: 97
MVLL Sortino Ratio Rank: 88
MVLL Omega Ratio Rank: 88
MVLL Calmar Ratio Rank: 98
MVLL Martin Ratio Rank: 95

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. MVLL - 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 MRVL Daily ETF (MVLL). 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	MVLL	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	4.18	-4.42
Sortino ratio: Return per unit of downside risk	0.54	3.49	-2.95
Omega ratio: Gain probability vs. loss probability	1.06	1.48	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.37	12.35	-12.72
Martin ratio: Return relative to average drawdown	-0.56	24.79	-25.35

RDTL vs. MVLL - Sharpe Ratio Comparison

The current RDTL Sharpe Ratio is -0.24, which is lower than the MVLL Sharpe Ratio of 4.18. The chart below compares the historical Sharpe Ratios of RDTL and MVLL, 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. MVLL - Drawdown Comparison

The maximum RDTL drawdown since its inception was -85.21%, which is greater than MVLL's maximum drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for RDTL and MVLL.

Drawdown Indicators

	RDTL	MVLL	Difference
Max Drawdown Largest peak-to-trough decline	-85.21%	-59.02%	-26.19%
Max Drawdown (1Y) Largest decline over 1 year	-85.21%	-48.93%	-36.28%
Current Drawdown Current decline from peak	-78.85%	-30.06%	-48.79%
Average Drawdown Average peak-to-trough decline	-45.13%	-22.46%	-22.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.96%	24.33%	+31.63%

Volatility

RDTL vs. MVLL - Volatility Comparison

The current volatility for GraniteShares 2x Long RDDT Daily ETF (RDTL) is 47.91%, while GraniteShares 2x Long MRVL Daily ETF (MVLL) has a volatility of 86.62%. This indicates that RDTL experiences smaller price fluctuations and is considered to be less risky than MVLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDTL	MVLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.91%	86.62%	-38.71%
Volatility (6M) Calculated over the trailing 6-month period	95.82%	113.26%	-17.44%
Volatility (1Y) Calculated over the trailing 1-year period	131.50%	144.62%	-13.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.74%	146.85%	-4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	142.74%	146.85%	-4.11%

RDTL vs. MVLL - Expense Ratio Comparison

Both RDTL and MVLL have an expense ratio of 1.50%.

Dividends

RDTL vs. MVLL - Dividend Comparison

Neither RDTL nor MVLL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDTL and MVLL in my portfolio?

RDTL and MVLL 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 MVLL?

MVLL has higher volatility (86.62%) compared to RDTL (47.91%). In terms of maximum drawdown, RDTL dropped -85.21% vs MVLL's -59.02%.

Which ETF is better, RDTL or MVLL?

On 1-year performance, MVLL leads with 598.83% vs -31.28% for RDTL. Both ETFs have the same 1.50% expense ratio. On volatility, RDTL has been the lower-risk option at 47.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDTL or MVLL?

Over the 1-year period, MVLL has performed better with a 598.83% return vs -31.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDTL or MVLL?

RDTL and MVLL have the same expense ratio: 1.50% per year.

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

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

Which has better risk-adjusted returns?

MVLL currently has the higher Sharpe Ratio (4.18 vs -0.24), 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.