ADBG vs. VRTL

Last updated Jun 5, 2026

ADBG (Leverage Shares 2X Long ADBE Daily ETF) and VRTL (GraniteShares 2x Long VRT Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, ADBG returned -69.78% vs 408.15% for VRTL. At a correlation of -0.06, they often move in opposite directions. ADBG charges 0.75%/yr vs 1.50%/yr for VRTL.

Performance

ADBG vs. VRTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long ADBE Daily ETF (ADBG) and GraniteShares 2x Long VRT Daily ETF (VRTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADBG achieves a -52.15% return, which is significantly lower than VRTL's 213.68% return.

ADBG

• 1D: 1.66%
• 1M: -0.81%
• YTD: -52.15%
• 6M: -46.56%
• 1Y: -69.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VRTL

• 1D: -5.10%
• 1M: -13.08%
• YTD: 213.68%
• 6M: 137.88%
• 1Y: 408.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADBG vs. VRTL - Yearly Performance Comparison

	2026 (YTD)	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	-52.15%	-36.31%
VRTL GraniteShares 2x Long VRT Daily ETF	213.68%	108.44%

Correlation

The correlation between ADBG and VRTL is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.20
Correlation (All Time) Calculated using the full available price history since Mar 26, 2025	-0.06

The correlation between ADBG and VRTL shifts across timeframes, from -0.20 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADBG vs. VRTL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADBG

ADBG Risk / Return Rank: 1
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 1
ADBG Omega Ratio Rank: 1
ADBG Calmar Ratio Rank: 1
ADBG Martin Ratio Rank: 2

VRTL

VRTL Risk / Return Rank: 86
VRTL Sharpe Ratio Rank: 94
VRTL Sortino Ratio Rank: 77
VRTL Omega Ratio Rank: 71
VRTL Calmar Ratio Rank: 96
VRTL Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADBG vs. VRTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long ADBE Daily ETF (ADBG) and GraniteShares 2x Long VRT Daily ETF (VRTL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ADBG	VRTL	Difference
Sharpe ratio: Return per unit of total volatility	-1.04	3.60	-4.64
Sortino ratio: Return per unit of downside risk	-1.86	3.38	-5.24
Omega ratio: Gain probability vs. loss probability	0.78	1.42	-0.64
Calmar ratio: Return relative to maximum drawdown	-0.92	8.67	-9.59
Martin ratio: Return relative to average drawdown	-1.39	22.06	-23.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADBG vs. VRTL - Sharpe Ratio Comparison

The current ADBG Sharpe Ratio is -1.04, which is lower than the VRTL Sharpe Ratio of 3.60. The chart below compares the historical Sharpe Ratios of ADBG and VRTL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ADBG	VRTL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.04	3.60	-4.64
Sharpe Ratio (All Time) Calculated using the full available price history	-0.90	3.10	-4.00

Drawdowns

ADBG vs. VRTL - Drawdown Comparison

The maximum ADBG drawdown since its inception was -76.71%, which is greater than VRTL's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for ADBG and VRTL.

Drawdown Indicators

	ADBG	VRTL	Difference
Max Drawdown Largest peak-to-trough decline	-76.71%	-60.58%	-16.13%
Max Drawdown (1Y) Largest decline over 1 year	-76.23%	-47.45%	-28.78%
Current Drawdown Current decline from peak	-70.94%	-27.98%	-42.96%
Average Drawdown Average peak-to-trough decline	-41.74%	-15.20%	-26.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.32%	18.62%	+31.70%

Volatility

ADBG vs. VRTL - Volatility Comparison

The current volatility for Leverage Shares 2X Long ADBE Daily ETF (ADBG) is 27.74%, while GraniteShares 2x Long VRT Daily ETF (VRTL) has a volatility of 33.58%. This indicates that ADBG experiences smaller price fluctuations and is considered to be less risky than VRTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADBG	VRTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.74%	33.58%	-5.84%
Volatility (6M) Calculated over the trailing 6-month period	56.25%	87.68%	-31.43%
Volatility (1Y) Calculated over the trailing 1-year period	67.12%	114.41%	-47.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.85%	124.31%	-57.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.85%	124.31%	-57.46%

ADBG vs. VRTL - Expense Ratio Comparison

ADBG has a 0.75% expense ratio, which is lower than VRTL's 1.50% expense ratio.

Dividends

ADBG vs. VRTL - Dividend Comparison

Neither ADBG nor VRTL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ADBG and VRTL in my portfolio?

ADBG and VRTL have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADBG or VRTL?

VRTL has higher volatility (33.58%) compared to ADBG (27.74%). In terms of maximum drawdown, ADBG dropped -76.71% vs VRTL's -60.58%.

Which ETF is better, ADBG or VRTL?

On 1-year performance, VRTL leads with 408.15% vs -69.78% for ADBG. On fees, ADBG is cheaper at 0.75% per year. On volatility, ADBG has been the lower-risk option at 27.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ADBG or VRTL?

Over the 1-year period, VRTL has performed better with a 408.15% return vs -69.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ADBG or VRTL?

ADBG is cheaper with a 0.75% expense ratio, compared with 1.50% for VRTL.

Which ETF pays a higher dividend yield, ADBG or VRTL?

ADBG and VRTL have nearly identical dividend yields, around 0.00%.

What is the main difference between ADBG and VRTL?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for ADBG and 1.50% for VRTL.

Which has better risk-adjusted returns?

VRTL currently has the higher Sharpe Ratio (3.60 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.