RDWU vs. SNDU

Last updated Jun 25, 2026

RDWU (T-REX 2X Long RDW Daily Target ETF) and SNDU (T-REX 2X Long SNDK Daily Target ETF) are both Leveraged Equities funds from T-Rex - RDWU tracks the Redwire Corporation (RDW) while SNDU tracks the SanDisk Corporation (SNDK). Both are passively managed. At a 0.25 correlation, their price movements are largely independent. Both charge a 1.50% expense ratio.

Performance

RDWU vs. SNDU - 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 T-REX 2X Long SNDK Daily Target ETF (SNDU). 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*: —

SNDU

• 1D: -5.10%
• 1M: 49.96%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDWU vs. SNDU - Yearly Performance Comparison

	2026 (YTD)
RDWU T-REX 2X Long RDW Daily Target ETF	-21.09%
SNDU T-REX 2X Long SNDK Daily Target ETF	538.56%

Correlation

The correlation between RDWU and SNDU is 0.25, 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 Mar 12, 2026	0.25

Return for Risk

RDWU vs. SNDU - 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 T-REX 2X Long SNDK Daily Target ETF (SNDU). 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.

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

Drawdowns

RDWU vs. SNDU - Drawdown Comparison

The maximum RDWU drawdown since its inception was -84.34%, which is greater than SNDU's maximum drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for RDWU and SNDU.

Drawdown Indicators

	RDWU	SNDU	Difference
Max Drawdown Largest peak-to-trough decline	-84.34%	-46.69%	-37.65%
Current Drawdown Current decline from peak	-84.34%	-31.27%	-53.07%
Average Drawdown Average peak-to-trough decline	-56.55%	-10.73%	-45.82%

Volatility

Volatility by Period

	RDWU	SNDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	263.62%	199.12%	+64.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	263.62%	199.12%	+64.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	263.62%	199.12%	+64.50%

RDWU vs. SNDU - Expense Ratio Comparison

Both RDWU and SNDU have an expense ratio of 1.50%.

Dividends

RDWU vs. SNDU - Dividend Comparison

Neither RDWU nor SNDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDWU and SNDU in my portfolio?

RDWU and SNDU have a correlation of 0.25, 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 SNDU?

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, RDWU or SNDU?

RDWU and SNDU have the same expense ratio: 1.50% per year.

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

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

What is the main difference between RDWU and SNDU?

RDWU tracks Redwire Corporation (RDW), while SNDU tracks SanDisk Corporation (SNDK).