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VRTL

GradeDNASDAQ Global Select

GraniteShares 2x Long VRT Daily ETF

Leveraged · Single-Stock Leveraged · GraniteShares · Inception 2025-03-25

This 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.

$24.75−0.67 (−2.64%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Mar 25, 2025.
Intraday session: down, 57 prints from 25.42 to 24.75. Range 24.41 to 25.45. Use the arrow keys to read each point.$24.50$25.00$25.25$25.5010 AM12 PM2 PM4 PM
Expense ratio
3.83%
Fund size
$44M
1Y return
+53.2%
Yield · Last 12 months
—
Holdings
2
Volume · 30D
0.2M sh
NAV per share
$24.80
52W range
low $12.79high $73.00

The ETF.net VRTL Grade

D

36/ 100

Rank 229 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for VRTL. Scores out of 100: Cost 0, Risk 64, Mission 96, Tradability 69, Holdings not scored, Durability 74. Strongest: Mission (96). Weakest: Cost (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 36 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 0
    Category rank380/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 96
    Category rank36/147 · top 24%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 64
    Category rank77/285 · top 27%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 69
    Category rank95/380 · top 25%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank47/380 · top 12%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on VRTL

ETF.net Research

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.

Stated mandate

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

  1. 01A 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
  2. 02It 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.
  3. 03Regular two-way volume on screen, so typical retail-size trades usually go off without wrestling the spread.

Worth knowing

  1. 01The 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.
  2. 02Leverage 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
  3. 03One 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

As of Sep 21, 2026, 4:09 AM
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
VRT SWAP66.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—VRT SWAP66.68%335,789$81M1
002—US Dollars33.32%40,512,513$41M85

Showing 1–2 of 2 holdings

VRTL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VRTL$15,322
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. VRTL $15,322. SPY $11,723. Use the arrow keys to read each point.$5,439$25,877$46,315Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for VRTL. Periods over one year show the average yearly return.
PeriodVRTL
Year to date+53.4%
1 month−10.5%
3 months−58.8%
1 year+53.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VRTL
YearReturn barVRTL
2026 YTD+53.4%
2025+108.4%

Since listing, Mar 25, 2025

VRTL in the news

ETF.net Research hasn’t filed on VRTL yet — coverage lands here as it’s written.

VRTL Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

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.

How much the fund’s monthly returns vary, scaled to a year.
124.7%
Annualised · 17 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.56
vs 3-month T-bills · 17 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−70.5%
17 months · trough Jul 2026
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.

How strongly the fund’s returns move with its asset-class index.
4.54
vs its asset-class index
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

Expense ratio3.83%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

326 of the 329 Single-Stock Long Leveraged funds charge less.

VRTL costs $383.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.