TDAX vs. VRTL

Last updated Jun 4, 2026

TDAX (TDAQ Lift ETF) and VRTL (GraniteShares 2x Long VRT Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. TDAX charges 0.98%/yr vs 1.50%/yr for VRTL.

Performance

TDAX vs. VRTL - Performance Comparison

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

Returns By Period

TDAX

• 1D: -0.07%
• 1M: 13.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VRTL

• 1D: -1.32%
• 1M: -3.10%
• YTD: 230.54%
• 6M: 160.92%
• 1Y: 442.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAX vs. VRTL - Yearly Performance Comparison

	2026 (YTD)
TDAX TDAQ Lift ETF	21.51%
VRTL GraniteShares 2x Long VRT Daily ETF	196.43%

Correlation

The correlation between TDAX and VRTL is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 8, 2026	0.56

Return for Risk

TDAX vs. VRTL — Risk / Return Rank

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

VRTL

VRTL Risk / Return Rank: 87
VRTL Sharpe Ratio Rank: 95
VRTL Sortino Ratio Rank: 78
VRTL Omega Ratio Rank: 73
VRTL Calmar Ratio Rank: 96
VRTL Martin Ratio Rank: 93

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.

TDAX vs. VRTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TDAX	VRTL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	3.29	-0.64

Drawdowns

TDAX vs. VRTL - Drawdown Comparison

The maximum TDAX drawdown since its inception was -14.69%, smaller than the maximum VRTL drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for TDAX and VRTL.

Drawdown Indicators

	TDAX	VRTL	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-60.58%	+45.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.45%	—
Current Drawdown Current decline from peak	-0.07%	-24.11%	+24.04%
Average Drawdown Average peak-to-trough decline	-3.71%	-15.16%	+11.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.53%	—

Volatility

Volatility by Period

	TDAX	VRTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	33.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	87.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.71%	114.32%	-90.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	124.39%	-100.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	124.39%	-100.68%

TDAX vs. VRTL - Expense Ratio Comparison

TDAX has a 0.98% expense ratio, which is lower than VRTL's 1.50% expense ratio.

Dividends

TDAX vs. VRTL - Dividend Comparison

TDAX's dividend yield for the trailing twelve months is around 7.40%, while VRTL has not paid dividends to shareholders.

Position	TTM
TDAX TDAQ Lift ETF	7.40%
VRTL GraniteShares 2x Long VRT Daily ETF	0.00%

Frequently Asked Questions

Can I hold both TDAX and VRTL in my portfolio?

TDAX and VRTL have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDAX or VRTL?

On fees, TDAX is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAX or VRTL?

TDAX is cheaper with a 0.98% expense ratio, compared with 1.50% for VRTL.

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

TDAX has the higher dividend yield at 7.40%, compared with 0.00% for VRTL.

What is the main difference between TDAX and VRTL?

They also come from different issuers: TappAlpha and GraniteShares. Their fees differ too: 0.98% for TDAX and 1.50% for VRTL.