VRTL

GraniteShares 2x Long VRT Daily ETF

$58.45

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The GraniteShares 2x Long VRT Daily ETF (VRTL) seeks to provide 2x the daily return of the VRT Index, which tracks the performance of Virtus Investment Partners, Inc. common stock.

Overview

ETF tracking GraniteShares 2x Long VRT Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-25

Market Cap $21.6M

Average Volume N/A

Dividend Yield N/A

52-Week Range $9.40 - $81.81

VWAP $57.69

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long VRT Daily ETF (VRTL) seeks to provide 2x the daily return of the VRT Index, which tracks the performance of Virtus Investment Partners, Inc. common stock.

🎯 Investment Strategy

The fund uses derivatives, such as swaps and futures contracts, to gain leveraged exposure to the underlying index. It rebalances daily to maintain the 2x leverage target.

✨ Key Features

Provides 2x daily leveraged exposure to Virtus Investment Partners, Inc. stock
Rebalances daily to maintain target leverage ratio
Designed for short-term, speculative trading rather than long-term investment
High risk due to use of leverage

⚠️ Primary Risks

Significant risk of loss due to the effects of compounding and daily rebalancing with leverage
Potential for large and sudden losses if the underlying asset experiences high volatility
Tracking error risk as the fund may not perfectly match the 2x daily return of the index
Counterparty risk associated with the derivatives used to gain leveraged exposure

👤 Best For

This ETF is intended for experienced, risk-tolerant investors with a short-term trading horizon who understand the risks of leveraged products and are seeking to potentially magnify their exposure to Virtus Investment Partners, Inc. stock on a daily basis. It is not suitable for long-term buy-and-hold investors.