RDTL vs SPY
GraniteShares 2x Long RDDT Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RDTL or SPY?
Trading-Leveraged Equity against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RDTL | SPY |
|---|---|---|
| Expense Ratio | 1.50% | 0.09%Best |
| AUM | $54M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 2 | 505 |
| YTD Return | -76.16% | +12.22%Best |
| 1Y Return | -83.64% | +16.97%Best |
| 3Y Return (annualized) | - | +21.16% |
| 5Y Return (annualized) | - | +13.00% |
| Volatility (annualized) | 117.7% | 12.0%Best |
| Max Drawdown | -85.4% | -13.7%Best |
| $10,000 over 1.5 years | $5,155 | $13,489Best |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Mar 25, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 25, 2025 to Sep 17, 2026 (1.5 years).
RDTL vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
RDTL vs SPY Performance
GraniteShares 2x Long RDDT Daily ETF (RDTL) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RDTL returned -83.64% while SPY returned +16.97%. Year to date, RDTL is down 76.16% versus a gain of 12.22% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDTL has been the more volatile fund, with annualized monthly volatility of 117.7% compared with 12.0% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -85.4% for RDTL and -13.7% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RDTL charges 1.50% per year while SPY charges 0.09%. On a $10,000 position that is $150 vs $9 annually, a gap of $141 per year that compounds over a long holding period. On income, RDTL currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of RDTL and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RDTL or SPY?
RDTL has an expense ratio of 1.50% while SPY charges 0.09%. SPY is the cheaper option, by $141 a year on a $10,000 investment.
Which performed better, RDTL or SPY?
Over the past year RDTL returned -83.64% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), RDTL annualized -35.71% vs +22.08% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RDTL or SPY?
RDTL has been the more volatile fund at 117.7% annualized versus 12.0% for SPY. Worst drawdown: RDTL -85.4% vs SPY -13.7%.
Should I hold both RDTL and SPY?
RDTL and SPY have a monthly-return correlation of 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RDTL or SPY?
RDTL yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than RDTL?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.