VRTL vs. NEMG
VRTL (GraniteShares 2x Long VRT Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. VRTL charges 1.50%/yr vs 0.75%/yr for NEMG.
Performance
VRTL vs. NEMG - Performance Comparison
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Returns By Period
In the year-to-date period, VRTL achieves a 187.83% return, which is significantly higher than NEMG's -20.44% return.
VRTL
- 1D
- -22.65%
- 1M
- -11.35%
- YTD
- 187.83%
- 6M
- 172.02%
- 1Y
- 343.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEMG
- 1D
- -7.98%
- 1M
- -20.02%
- YTD
- -20.44%
- 6M
- -28.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VRTL vs. NEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VRTL GraniteShares 2x Long VRT Daily ETF | 187.83% | -14.68% |
NEMG Leverage Shares 2x Long NEM Daily ETF | -20.44% | 22.87% |
Correlation
The correlation between VRTL and NEMG is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.39 |
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Return for Risk
VRTL vs. NEMG — Risk / Return Rank
VRTL
NEMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VRTL vs. NEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long VRT Daily ETF (VRTL) and Leverage Shares 2x Long NEM Daily ETF (NEMG). 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 | NEMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.30 | — | — |
| Martin ratioReturn relative to average drawdown | 17.10 | — | — |
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Drawdowns
VRTL vs. NEMG - Drawdown Comparison
The maximum VRTL drawdown since its inception was -60.58%, which is greater than NEMG's maximum drawdown of -57.56%. Use the drawdown chart below to compare losses from any high point for VRTL and NEMG.
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Drawdown Indicators
| VRTL | NEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.58% | -57.56% | -3.02% |
Max Drawdown (1Y)Largest decline over 1 year | -47.45% | — | — |
Current DrawdownCurrent decline from peak | -33.92% | -53.44% | +19.52% |
Average DrawdownAverage peak-to-trough decline | -15.93% | -23.21% | +7.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.20% | — | — |
Volatility
VRTL vs. NEMG - Volatility Comparison
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Volatility by Period
| VRTL | NEMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.78% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 92.17% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 119.83% | 102.63% | +17.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 126.87% | 102.63% | +24.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 126.87% | 102.63% | +24.24% |
VRTL vs. NEMG - Expense Ratio Comparison
VRTL has a 1.50% expense ratio, which is higher than NEMG's 0.75% expense ratio.
Dividends
VRTL vs. NEMG - Dividend Comparison
Neither VRTL nor NEMG has paid dividends to shareholders.
Frequently Asked Questions
VRTL and NEMG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMG is cheaper with a 0.75% expense ratio, compared with 1.50% for VRTL.
VRTL and NEMG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for VRTL and 0.75% for NEMG.
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