ETF Education Report: RTXG

What this ETF is trying to do

The Leverage Shares 2X Long RTX Daily ETF (RTXG) is a specialized type of fund. It is a "leveraged" ETF, which means it is designed to move in a different way than the standard market. This specific fund aims to provide amplified exposure to its target assets.

What the numbers show

As of October 5, 2026, the current price of RTXG is $20.34. To understand how the price has moved, we can look at two different types of returns:

• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is approximately -10.46%. The one-year price return is approximately -1.47%.

• Total Return: This measures the share price change plus any distributions (cash payments) received. While the one-year price return was down about 1.47%, the one-year total return was actually positive at approximately 4.77%.

For a simple example, if you look at the estimated price from roughly one year ago ($20.65) compared to the current price ($20.34), you can see how the share price itself has changed over that time.

Income and distribution explanation

RTXG has a distribution yield of approximately 7.11%. This number describes the cash distributions relative to the ETF's price. However, it is important to remember that a high distribution yield is not the same thing as total return. Distributions provide cash income, but they do not guarantee that your original investment (the principal) will stay the same value. In this case, the distributions are described as "irregular" or "less frequent."

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value, or the actual value of the assets held by the fund. While a falling share price can sometimes look like erosion, they are not always the same thing. For RTXG, the erosion-risk score is 94, which is labeled as "Stable / sideways," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.

Pros

• The one-year total return is positive (approximately 4.77%), even though the share price itself declined slightly.

• The fund has a stable erosion-risk score.

Cons

• The year-to-date price return is negative (approximately -10.46%).

• The fund is leveraged, which typically means it can be more volatile than standard funds.

Beginner takeaway

When looking at RTXG, it is important to distinguish between the share price and the total return. A fund's price might go down, but if it pays out enough in distributions, the total return can still be positive. Always remember that high yields do not guarantee your investment will grow in value.