VRTL vs. MCO

Last updated Aug 2, 2026

VRTL (GraniteShares 2x Long VRT Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while MCO (Moody's Corporation) is a stock. Over the past year, VRTL returned 64.41% vs -3.77% for MCO. Their -0.01 correlation means they have often moved in opposite directions in the past.

Performance

VRTL vs. MCO - Performance Comparison

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

Returns By Period

In the year-to-date period, VRTL achieves a 49.92% return, which is significantly higher than MCO's -5.93% return.

VRTL

• 1D: 12.49%
• 1M: -40.41%
• 6M: 17.15%
• YTD: 49.92%
• 1Y: 64.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 134.30%

MCO

• 1D: -0.80%
• 1M: -2.47%
• 6M: -6.79%
• YTD: -5.93%
• 1Y: -3.77%
• 3Y*: 11.64%
• 5Y*: 5.88%
• 10Y*: 17.61%
• ALL TIME*: 15.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MCO Moody's Corporation	$483.34M	$433.94M	$468.07M
VRTL GraniteShares 2x Long VRT Daily ETF	$7.19M	$7.02M	$12.49M

VRTL vs. MCO - Yearly Performance Comparison

	2026 (YTD)	2025
VRTL GraniteShares 2x Long VRT Daily ETF	49.92%	110.50%
MCO Moody's Corporation	-5.93%	9.51%

Correlation

The correlation between VRTL and MCO is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.16
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	-0.01

The correlation between VRTL and MCO shifts across timeframes, from -0.16 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VRTL vs. MCO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VRTL

VRTL Risk / Return Rank: 30
VRTL Sharpe Ratio Rank: 21
VRTL Sortino Ratio Rank: 40
VRTL Omega Ratio Rank: 40
VRTL Calmar Ratio Rank: 25
VRTL Martin Ratio Rank: 26

MCO

MCO Risk / Return Rank: 33
MCO Sharpe Ratio Rank: 35
MCO Sortino Ratio Rank: 30
MCO Omega Ratio Rank: 30
MCO Calmar Ratio Rank: 35
MCO Martin Ratio Rank: 35

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VRTL vs. MCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long VRT Daily ETF (VRTL) and Moody's Corporation (MCO). 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.

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	MCO	Difference
Sharpe ratio: Return per unit of total volatility	0.42	-0.23	+0.65
Sortino ratio: Return per unit of downside risk	1.50	-0.13	+1.63
Omega ratio: Gain probability vs. loss probability	1.19	0.98	+0.21
Calmar ratio: Return relative to maximum drawdown	0.77	-0.28	+1.05
Martin ratio: Return relative to average drawdown	2.20	-0.55	+2.75

VRTL vs. MCO - Sharpe Ratio Comparison

The current VRTL Sharpe Ratio is 0.42, which is higher than the MCO Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of VRTL and MCO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VRTL vs. MCO - Drawdown Comparison

The maximum VRTL drawdown since its inception was -70.53%, smaller than the maximum MCO drawdown of -78.72%. Use the drawdown chart below to compare losses from any high point for VRTL and MCO.

Drawdown Indicators

	VRTL	MCO	Difference
Max Drawdown Largest peak-to-trough decline	-70.53%	-78.72%	+8.19%
Max Drawdown (1Y) Largest decline over 1 year	-70.53%	-23.61%	-46.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.65%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.02%	—
Current Drawdown Current decline from peak	-65.58%	-10.94%	-54.64%
Average Drawdown Average peak-to-trough decline	-18.14%	-17.73%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.96%	11.79%	+13.17%

Volatility

VRTL vs. MCO - Volatility Comparison

GraniteShares 2x Long VRT Daily ETF (VRTL) has a higher volatility of 52.00% compared to Moody's Corporation (MCO) at 9.41%. This indicates that VRTL's price experiences larger fluctuations and is considered to be riskier than MCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRTL	MCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	52.00%	9.41%	+42.59%
Volatility (6M) Calculated over the trailing 6-month period	106.22%	23.32%	+82.90%
Volatility (1Y) Calculated over the trailing 1-year period	128.88%	28.03%	+100.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.52%	26.71%	+103.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	130.52%	27.79%	+102.73%

Dividends

VRTL vs. MCO - Dividend Comparison

VRTL has not paid dividends to shareholders, while MCO's dividend yield for the trailing twelve months is around 0.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MCO Moody's Corporation	0.82%	0.74%	0.72%	0.79%	1.26%	0.63%	0.77%	0.84%	1.26%	1.03%	1.57%	1.36%
VRTL GraniteShares 2x Long VRT Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VRTL and MCO in my portfolio?

VRTL and MCO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VRTL or MCO?

VRTL has higher volatility (52.00%) compared to MCO (9.41%). In terms of maximum drawdown, VRTL dropped -70.53% vs MCO's -78.72%.

Which has better risk-adjusted returns?

VRTL currently has the higher Sharpe Ratio (0.42 vs -0.23), 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.