RDWU vs. TERG

Last updated Jun 5, 2026

RDWU (T-REX 2X Long RDW Daily Target ETF) and TERG (Leverage Shares 2X Long TER Daily ETF) are both Leveraged Equities funds. RDWU is passively managed, while TERG is actively managed. At a 0.36 correlation, their price movements are largely independent. RDWU charges 1.50%/yr vs 0.75%/yr for TERG.

Performance

RDWU vs. TERG - 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 Leverage Shares 2X Long TER Daily ETF (TERG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RDWU

• 1D: 31.87%
• 1M: 376.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TERG

• 1D: -1.30%
• 1M: 23.46%
• YTD: 225.36%
• 6M: 202.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDWU vs. TERG - Yearly Performance Comparison

	2026 (YTD)
RDWU T-REX 2X Long RDW Daily Target ETF	71.70%
TERG Leverage Shares 2X Long TER Daily ETF	116.15%

Correlation

The correlation between RDWU and TERG is 0.36, 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 Feb 2, 2026	0.36

Return for Risk

RDWU vs. TERG - 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 Leverage Shares 2X Long TER Daily ETF (TERG). 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.

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

Sharpe Ratios by Period

	RDWU	TERG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	9.47	-7.95

Drawdowns

RDWU vs. TERG - Drawdown Comparison

The maximum RDWU drawdown since its inception was -66.94%, which is greater than TERG's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for RDWU and TERG.

Drawdown Indicators

	RDWU	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-66.94%	-49.52%	-17.42%
Current Drawdown Current decline from peak	-35.27%	-17.07%	-18.20%
Average Drawdown Average peak-to-trough decline	-43.07%	-13.75%	-29.32%

Volatility

Volatility by Period

	RDWU	TERG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	255.53%	138.78%	+116.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	255.53%	138.78%	+116.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	255.53%	138.78%	+116.75%

RDWU vs. TERG - Expense Ratio Comparison

RDWU has a 1.50% expense ratio, which is higher than TERG's 0.75% expense ratio.

Dividends

RDWU vs. TERG - Dividend Comparison

Neither RDWU nor TERG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RDWU and TERG in my portfolio?

RDWU and TERG have a correlation of 0.36, 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 TERG?

On fees, TERG 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, RDWU or TERG?

TERG is cheaper with a 0.75% expense ratio, compared with 1.50% for RDWU.

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

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

What is the main difference between RDWU and TERG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for RDWU and 0.75% for TERG.