RDWU vs. IFED

Last updated Jun 25, 2026

RDWU (T-REX 2X Long RDW Daily Target ETF) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds - RDWU tracks the Redwire Corporation (RDW) while IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. RDWU charges 1.50%/yr vs 0.45%/yr for IFED.

Performance

RDWU vs. IFED - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long RDW Daily Target ETF (RDWU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RDWU

• 1D: -14.09%
• 1M: -68.04%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IFED

• 1D: -1.62%
• 1M: 0.81%
• YTD: -4.64%
• 6M: -5.76%
• 1Y: -0.20%
• 3Y*: 15.90%
• 5Y*: —
• 10Y*: —

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

RDWU vs. IFED - Yearly Performance Comparison

	2026 (YTD)
RDWU T-REX 2X Long RDW Daily Target ETF	-68.46%
IFED ETRACS IFED Invest with the Fed TR Index ETN	-1.63%

Correlation

The correlation between RDWU and IFED is 0.32, 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 Jan 30, 2026	0.32

Return for Risk

RDWU vs. IFED — Risk / Return Rank

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

RDWU

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

IFED

IFED Risk / Return Rank: 9
IFED Sharpe Ratio Rank: 9
IFED Sortino Ratio Rank: 8
IFED Omega Ratio Rank: 8
IFED Calmar Ratio Rank: 9
IFED Martin Ratio Rank: 9

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.

RDWU vs. IFED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long RDW Daily Target ETF (RDWU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.

	RDWU	IFED	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.01	—
Sortino ratio: Return per unit of downside risk	—	0.11	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.01	—
Martin ratio: Return relative to average drawdown	—	-0.03	—

Drawdowns

RDWU vs. IFED - Drawdown Comparison

The maximum RDWU drawdown since its inception was -84.34%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for RDWU and IFED.

Drawdown Indicators

	RDWU	IFED	Difference
Max Drawdown Largest peak-to-trough decline	-84.34%	-22.36%	-61.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.36%	—
Current Drawdown Current decline from peak	-84.34%	-6.60%	-77.74%
Average Drawdown Average peak-to-trough decline	-56.55%	-5.83%	-50.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.90%	—

Volatility

Volatility by Period

	RDWU	IFED	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	263.62%	16.90%	+246.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	263.62%	19.92%	+243.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	263.62%	19.92%	+243.70%

RDWU vs. IFED - Expense Ratio Comparison

RDWU has a 1.50% expense ratio, which is higher than IFED's 0.45% expense ratio.

Dividends

RDWU vs. IFED - Dividend Comparison

Neither RDWU nor IFED has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDWU and IFED in my portfolio?

RDWU and IFED have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDWU or IFED?

On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDWU or IFED?

IFED is cheaper with a 0.45% expense ratio, compared with 1.50% for RDWU.

Which ETF pays a higher dividend yield, RDWU or IFED?

RDWU and IFED have nearly identical dividend yields, around 0.00%.

What is the main difference between RDWU and IFED?

RDWU tracks Redwire Corporation (RDW), while IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross. They also come from different issuers: T-Rex and UBS. Their fees differ too: 1.50% for RDWU and 0.45% for IFED.