Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
GraniteShares 2x Long VRT Daily ETF
DThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$21.77−0.53 (−2.38%)
- 3.83%
- $38M
- +11.2%
- 0.2M sh
- $22.23
- low $14.00high $73.00
The ETF.net VRTL Grade
D
Score 36 out of 100
- 289 of 380
Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 377 of 380Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 54 of 148Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 129 of 363Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 67 of 380Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 40 of 380
Our read on VRTL
DVertiv makes the power and cooling gear inside AI data centers. VRTL takes that ride and doubles it, aiming for 2x Vertiv's percentage move each day, then resetting the clock at the closing bell.
The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change of Vertiv Holdings Co.'s common stock.
Why people hold it
- A one-ticket way to gear up on a single data center infrastructure name: the fund aims for two times Vertiv's daily percentage change, no margin account or options chain needed.finance.yahoo.com
- It hits what it aims at. Day-to-day, the fund has tracked its stated 2x daily target closely, which is the whole job of a leveraged wrapper.
- Regular two-way volume on screen, so typical retail-size trades usually go off without wrestling the spread.
Worth knowing
- The 3.83% expense ratio is a heavy tab for this corner of the market, where peers like GGLL (0.96%) and AMDG (0.75%) charge a fraction of it. The longer the hold, the more it bites.
- Leverage resets every day. The issuer states plainly the fund should not be expected to deliver 2x Vertiv's cumulative return over periods longer than a day, and chop erodes it.graniteshares.com
- One stock, doubled. A single earnings print or shift in AI capex sentiment lands twice as hard, and this is not built as an income product, so there is no payout to cushion the ride.
VRTL Holdings
- Other
- 2
- 100%
- VRT
Sectors
- Industrials100.0%
Geography
- United States100.00%
VRTL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
VRTL$11,122
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VRTL |
|---|---|
| Year to date | +34.6% |
| 1 month | −15.7% |
| 3 months | −51.9% |
| 1 year | +11.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VRTL |
|---|---|---|
| 2026 YTD | +34.6% | |
| 2025 | +108.4% |
VRTL in the news
VRTL Dividends
No distributions in the last 12 months.
VRTL Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 124.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.40
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −70.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 4.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VRTL Cost
3.83%
VRTL3.83%
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
330 of the 333 Single-Stock Long Leveraged funds charge less.
Other funds in Single-Stock Long Leveraged
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- DSNDUT-REX 2X Long SNDK Daily Target ETFExpense ratio 1.50%1 year return —
- DAPHUETF Opportunities Trust - T-REX 2X Long APH Daily Target ETFExpense ratio 1.50%1 year return —
- DARCXTradr 2X Long ACHR Daily ETFExpense ratio 1.30%1 year return −91.9%
- DQCMUDirexion Daily QCOM Bull 2X ETFExpense ratio 2.44%1 year return −10.1%