GraniteShares 2x Long VRT Daily ETF
VRTL
NASDAQ Global Select- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Mar 25, 2025
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 2x Long VRT Daily ETF (VRTL) is an exchange-traded fund that provides 2x leveraged daily exposure to the share price performance of Vertiv Holdings Co (NYSE: VRT), before fees and expenses. The ETF employs swap agreements and options to achieve its daily investment objective of delivering twice the daily percentage change in VRT's stock price, making it suitable for sophisticated investors seeking amplified returns from Vertiv's performance in the digital infrastructure sector. VRTL trades on U.S. exchanges and is part of GraniteShares' lineup of single-stock leveraged and inverse ETFs, which also includes products targeting other high-growth equities. GraniteShares issues and manages VRTL, offering a focused product for investors interested in leveraged bets on Vertiv's business in critical digital infrastructure, including power management, thermal management, and integrated rack systems for data centers, communication networks, and industrial environments. The fund's core service is daily leveraged exposure via derivatives, with no direct holdings in VRT shares; it resets its leverage daily to maintain the 2x target, which can lead to compounding effects over multiple periods. GraniteShares provides institutional-grade ETFs; these products target professional and retail investors comfortable with high volatility and the risks of leverage, decay, and potential significant losses. Founded in 2015 and headquartered in New York, GraniteShares operates globally with a focus on the U.S. market through listings on NYSE Arca, offering ETFs across categories such as commodities, currencies, equities, and single-stock leveraged products. The firm expanded its single-stock ETF suite in recent years, launching VRTL in 2024 amid surging demand for exposure to AI-driven data center infrastructure plays like Vertiv. In the last 1-2 years, GraniteShares has pursued strategic growth through new product launches, including multiple 2x long and short ETFs on leading tech and infrastructure stocks, alongside partnerships with authorized participants for efficient creation and redemption processes; no major acquisitions or funding rounds have been reported, but the firm continues to innovate in the fast-growing leveraged ETF segment to capture market share in bullish equity environments.