GraniteShares 2x Long VRT Daily ETF

Frequently Asked Questions About VRTL

What does VRTL invest in?

This Exchange Traded Fund (ETF) is designed to provide daily investment outcomes that are double (200%) the daily percentage change of Vertiv Holdings Co (NASDAQ: VRT) common stock, prior to the deduction of fees and expenses. However, there is no assurance that it will consistently achieve this stated objective. Furthermore, investors should not anticipate that the fund will consistently deliver two times the cumulative return of VRT over timeframes exceeding a single day.

What is the expense ratio of VRTL?

GraniteShares 2x Long VRT Daily ETF (VRTL) charges an expense ratio of 3.83%. This is the annual fee deducted from fund assets to cover management and operations.

Is VRTL a good long-term hold?

VRTL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does VRTL's daily reset work?

VRTL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is VRTL?

GraniteShares 2x Long VRT Daily ETF (VRTL) manages $46.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VRTL actively managed or an index fund?

VRTL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.