Data as of .
VRC vs VRTL: which held to its multiple?
Over the days both have traded, VRC finished 1.6 points from its stated multiple and VRTL 2.1.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| VRC | VRTL | VRC | VRTL | VRC | VRTL | |
| 1 month | −23.3% | −23.8% | −21.7% | −21.7% | −1.6 pts | −2.1 pts |
| 3 months | not published | −40.6% | not published | −30.2% | not published | −10.4 pts |
| 6 months | not published | −29.3% | not published | −1.3% | not published | −28.0 pts |
| 1 year | not published | +97.6% | not published | +179.2% | not published | −81.6 pts |
| Since launch | −36.3% | +232.9% | −30.6% | not meaningful | −5.6 pts | not meaningful |
| VRC Corgi VRT 2x Daily ETF Aims to return twice the daily move of VRT | VRTL GraniteShares 2x Long VRT Daily ETF Aims to return twice the daily move of VRT | |
|---|---|---|
| Issuer | Corgi | GraniteShares |
| Sets out to return | +2x | +2x |
| On | VRT | VRT |
| Segment | company | company |
| Fund returned, 3 months | −23.3% | −40.6% |
| Underlying returned, 3 months | −10.8% | −15.1% |
| What the stated multiple implies, 3 months | −21.7% | −30.2% |
| Difference from stated, 3 months | −1.6 pts | −10.4 pts |
| Fund returned, 1 year or since launch | −36.3% | +97.6% |
| Difference from stated, over that window | −5.6 pts | −81.6 pts |
| Underlying volatility | 60% | 76% |
| Difference over the days both have traded | −1.6 pts | −2.1 pts |
| Expense ratio | not published | 1.50% |
| Launched | Jul 14, 2026 | Mar 25, 2025 |
VRC in plain words
One month to Sep 11, 2026: VRC returned −23.3% where its own daily promise gave −23.2%, 0.1 points short. Read the multiple against the whole window instead and +2 times VRT's −10.8% implies −21.7%, which makes VRC look 1.6 points short. 1.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. VRC aims to return +2 times VRT's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. VRT moved at 60% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
VRTL in plain words
Three months to Sep 11, 2026: VRTL returned −40.6% where its own daily promise gave −38.6%, 2.0 points short. Read the multiple against the whole window instead and +2 times VRT's −15.1% implies −30.2%, which makes VRTL look 10.4 points short. 8.4 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. VRTL aims to return +2 times VRT's move each day, then resets. VRT moved at 76% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, VRC or VRTL?
- Over the window to Sep 11, 2026, VRC finished 1.6 points from what its multiple implies and VRTL finished 10.4 points from its own, so VRC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are VRC and VRTL levered on the same thing?
- Yes. Both are levered on VRT, VRC at +2 times and VRTL at +2 times the daily move.
- Which one decays faster, VRC or VRTL?
- Decay follows how much the underlying moves about. Over this window VRC’s moved at 60% annualized and VRTL’s at 76%, so VRTL has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold VRC or VRTL for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VRC against VRTL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/VRC-VRTL Free to use with attribution; the underlying files are at Open data.