Which came closer to its stated multiple, VRC or VRTL?

Over the window to Sep 30, 2026, VRC finished 2.4 points from what its multiple implies and VRTL finished 4.1 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 Vertiv Holdings, LLC, 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 61% annualized and VRTL’s at 66%, 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.

Which is cheaper, VRC or VRTL?

VRC charges 0.45% a year and VRTL charges 1.50%, so VRC is cheaper. Fees come from each fund's prospectus.

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VRC vs VRTL: which held to its multiple?

Over the days both have traded, VRC finished 2.4 points from its stated multiple and VRTL 3.0. Corgi VRT 2x Daily ETF and GraniteShares 2x Long VRT Daily ETF.

−44.4%

VRC returned, since launch

−49.1%

VRTL returned, 3 months

−3.4 pts

VRC from its stated multiple

−4.1 pts

VRTL from its stated multiple

VRC · 1 month to Sep 30, 20262.4 pts short of its stated multiple

VRC returned −15.8% while 2 times VRT's move would have been −13.4%

VRTL · 3 months to Sep 30, 20264.1 pts short of its stated multiple

VRTL returned −49.1% while 2 times VRT's move would have been −45.0%

Performance, window by window

	Total return		Multiple would give		Difference
Window	VRC	VRTL	VRC	VRTL	VRC	VRTL
1 month	−15.8%	−16.4%	−13.4%	−13.4%	−2.4 pts	−3.0 pts
3 months	not published	−49.1%	not published	−45.0%	not published	−4.1 pts
6 months	not published	−36.6%	not published	−13.8%	not published	−22.8 pts
1 year	not published	+41.0%	not published	+120.3%	not published	−79.3 pts
Since launch VRC Jul 2026 · VRTL Mar 2025	−44.4%	+187.4%	−41.0%	not meaningful	−3.4 pts	not meaningful

VRC and VRTL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

VRC

Corgi VRT 2x Daily ETF · Aims to return twice the daily move of Vertiv Holdings, LLC (VRT)

VRTL

GraniteShares 2x Long VRT Daily ETF · Aims to return twice the daily move of Vertiv Holdings, LLC (VRT)

Issuer Corgi GraniteShares

Sets out to return +2x +2x

Underlying asset VRT VRT

Segment company company

Fund returned, 3 months or since launch −15.8% −49.1%

Underlying returned, over that window −6.7% −22.5%

What the stated multiple implies, over that window −13.4% −45.0%

Difference from stated, over that window −2.4 pts −4.1 pts

Fund returned, 1 year or since launch −44.4% +41.0%

Difference from stated, over that window −3.4 pts −79.3 pts

Underlying volatility 61% 66%

Difference over the days both have traded −2.4 pts −3.0 pts

Expense ratio 0.45% 1.50%

Launched Jul 14, 2026 Mar 25, 2025

Net assets $340,980 $40m

VRC and VRTL on the same fields, as of Sep 30, 2026. Source: ETFIQ.

VRC in plain words

One month to Sep 30, 2026: VRC returned −15.8% where its own daily promise gave −15.9%, 0.1 points over. Read the multiple against the whole window instead and 2 times VRT's −6.7% implies −13.4%, which makes VRC look 2.4 points short. 2.5 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 61% 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 30, 2026: VRTL returned −49.1% where its own daily promise gave −47.0%, 2.1 points short. Read the multiple against the whole window instead and 2 times VRT's −22.5% implies −45.0%, which makes VRTL look 4.1 points short. 2.1 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 66% annualized over that window.

Questions people ask

Which came closer to its stated multiple, VRC or VRTL?: Over the window to Sep 30, 2026, VRC finished 2.4 points from what its multiple implies and VRTL finished 4.1 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 Vertiv Holdings, LLC, 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 61% annualized and VRTL’s at 66%, 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.
Which is cheaper, VRC or VRTL?: VRC charges 0.45% a year and VRTL charges 1.50%, so VRC is cheaper. Fees come from each fund's prospectus.

Other comparisons

VRC on its own →VRTL on its own →How every figure is computed →Standards and sources →

Where these figures came from

VRC filings on SEC EDGAR ↗VRC prospectus with the expense ratio (SEC) ↗Corgi website ↗VRTL filings on SEC EDGAR ↗VRTL prospectus with the expense ratio (SEC) ↗GraniteShares page for VRTL ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, VRC against VRTL, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/vrc-vs-vrtl

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.