- Issuer
- GraniteShares
- Inception Date
- Mar 24, 2025
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $87M
Share Price Chart
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Performance
VRTL Performance Chart
GraniteShares 2x Long VRT Daily ETF (VRTL) is up 272.1% since the beginning of the year. VRTL is currently trading at $185 per share.
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Returns By Period
GraniteShares 2x Long VRT Daily ETF (VRTL) has returned 272.11% so far this year and 458.39% over the past 12 months.
GraniteShares 2x Long VRT Daily ETF
- 1D
- 14.98%
- 1M
- 14.61%
- YTD
- 272.11%
- 6M
- 250.93%
- 1Y
- 458.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VRTL Monthly Returns History
Based on dividend-adjusted daily data since Mar 25, 2025, VRTL's average daily return is +0.97%, while the average monthly return is +19.05%. At this rate, an investment would double in approximately 0.3 years.
Historically, 63% of months were positive and 38% were negative. The best month was Feb 2026 with a return of +74.6%, while the worst month was Mar 2025 at -38.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, VRTL closed higher 53% of trading days. The best single day was Feb 11, 2026 with a return of +48.8%, while the worst single day was Apr 3, 2025 at -24.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 27.97% | 74.59% | -8.73% | 66.35% | -11.69% | 24.21% | 272.11% | ||||||
| 2025 | -38.46% | 24.54% | 54.02% | 38.07% | 25.65% | -25.58% | 35.07% | 57.55% | -17.25% | -21.56% | 110.50% |
Benchmark Metrics
GraniteShares 2x Long VRT Daily ETF has an annualized alpha of 321.99%, beta of 4.40, and R2 of 0.38 versus S&P 500 Index. Calculated based on daily prices since March 25, 2025.
- This ETF captured 1538.86% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -209.37%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.38 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 321.99%
- Beta
- 4.40
- R²
- 0.38
- Upside Capture
- 1,538.86%
- Downside Capture
- -209.37%
Expense Ratio
VRTL has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
VRTL ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for GraniteShares 2x Long VRT Daily ETF (VRTL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VRTL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 9.74 | 2.78 | +6.96 |
| Martin ratioReturn relative to average drawdown | 22.96 | 12.44 | +10.52 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares 2x Long VRT Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GraniteShares 2x Long VRT Daily ETF was 60.58%, occurring on Apr 4, 2025. Recovery took 25 trading sessions.
The current GraniteShares 2x Long VRT Daily ETF drawdown is 14.57%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -60.58%Apr 2025 | 9d | 1mo 8d | 1mo 17dMar 2025 - May 2025 |
2025 bear market2025 | -47.45%Dec 2025 | 1mo 18d | 1mo 26d | 3mo 14dOct 2025 - Feb 2026 |
2026 bear market2026 | -46.88%Jun 2026 | 26d | — | 1mo 9dMay 2026 - now |
2025 bear market2025 | -32.60%Sep 2025 | 1mo 8d | 14d | 1mo 22dAug 2025 - Sep 2025 |
2026 bear market2026 | -29.29%Mar 2026 | 4d | 10d | 14dMar 2026 - Apr 2026 |
Drawdown Indicators
| VRTL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.58% | -56.78% | -3.80% |
Max Drawdown (1Y)Largest decline over 1 year | -47.45% | -9.10% | -38.35% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -14.57% | -1.80% | -12.77% |
Average DrawdownAverage peak-to-trough decline | -15.87% | -10.71% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.09% | 2.03% | +18.06% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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