RTXG vs. GDXU

Last updated Jun 3, 2026

RTXG (Leverage Shares 2X Long RTX Daily ETF) and GDXU (MicroSectors Gold Miners 3X Leveraged ETN) are both Leveraged Equities funds. RTXG is actively managed, while GDXU is passively managed. At a 0.20 correlation, their price movements are largely independent. RTXG charges 0.75%/yr vs 0.95%/yr for GDXU.

Performance

RTXG vs. GDXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long RTX Daily ETF (RTXG) and MicroSectors Gold Miners 3X Leveraged ETN (GDXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RTXG achieves a -15.30% return, which is significantly higher than GDXU's -37.13% return.

RTXG

• 1D: -0.19%
• 1M: -0.51%
• YTD: -15.30%
• 6M: -0.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDXU

• 1D: 3.73%
• 1M: -5.99%
• YTD: -37.13%
• 6M: -27.31%
• 1Y: 85.47%
• 3Y*: 52.20%
• 5Y*: -8.12%
• 10Y*: —

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

RTXG vs. GDXU - Yearly Performance Comparison

	2026 (YTD)	2025
RTXG Leverage Shares 2X Long RTX Daily ETF	-15.30%	60.90%
GDXU MicroSectors Gold Miners 3X Leveraged ETN	-37.13%	225.75%

Correlation

The correlation between RTXG and GDXU is 0.20, 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 Jun 9, 2025	0.20

Return for Risk

RTXG vs. GDXU — Risk / Return Rank

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

GDXU

GDXU Risk / Return Rank: 28
GDXU Sharpe Ratio Rank: 20
GDXU Sortino Ratio Rank: 30
GDXU Omega Ratio Rank: 33
GDXU Calmar Ratio Rank: 33
GDXU Martin Ratio Rank: 25

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.

RTXG vs. GDXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long RTX Daily ETF (RTXG) and MicroSectors Gold Miners 3X Leveraged ETN (GDXU). 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

	RTXG	GDXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	-0.07	+0.84

Drawdowns

RTXG vs. GDXU - Drawdown Comparison

The maximum RTXG drawdown since its inception was -37.49%, smaller than the maximum GDXU drawdown of -94.39%. Use the drawdown chart below to compare losses from any high point for RTXG and GDXU.

Drawdown Indicators

	RTXG	GDXU	Difference
Max Drawdown Largest peak-to-trough decline	-37.49%	-94.39%	+56.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-73.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-73.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.93%	—
Current Drawdown Current decline from peak	-35.25%	-70.82%	+35.57%
Average Drawdown Average peak-to-trough decline	-8.55%	-69.76%	+61.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.93%	—

Volatility

Volatility by Period

	RTXG	GDXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	45.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	117.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	48.73%	138.28%	-89.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.73%	110.85%	-62.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.73%	109.97%	-61.24%

RTXG vs. GDXU - Expense Ratio Comparison

RTXG has a 0.75% expense ratio, which is lower than GDXU's 0.95% expense ratio.

Dividends

RTXG vs. GDXU - Dividend Comparison

RTXG's dividend yield for the trailing twelve months is around 7.51%, while GDXU has not paid dividends to shareholders.

Position	TTM	2025
GDXU MicroSectors Gold Miners 3X Leveraged ETN	0.00%	0.00%
RTXG Leverage Shares 2X Long RTX Daily ETF	7.51%	6.36%

Frequently Asked Questions

Can I hold both RTXG and GDXU in my portfolio?

RTXG and GDXU have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RTXG or GDXU?

On fees, RTXG 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, RTXG or GDXU?

RTXG is cheaper with a 0.75% expense ratio, compared with 0.95% for GDXU.

Which ETF pays a higher dividend yield, RTXG or GDXU?

RTXG has the higher dividend yield at 7.51%, compared with 0.00% for GDXU.

What is the main difference between RTXG and GDXU?

They also come from different issuers: Leverage Shares and BMO. Their fees differ too: 0.75% for RTXG and 0.95% for GDXU.