GraniteShares 2x Long VRT Daily ETF (VRTL) — Stock Correlations & Overview

Over the past year, VRTL has moved most closely with VRT, AIPO, PWRD. Explore the stocks most correlated and inversely correlated with VRTL below, along with its price, financials, and company profile.

Stocks correlated with VRTL

Correlation of daily returns. Higher positive values move with VRTL; negative values move opposite it. Informational only, not investment advice.

Most correlated with VRTL

SymbolCompanyCorrelation
VRTVertiv Holdings Co Class A Common StockELECTRONIC COMPONENTS, NEC1.00
AIPODefiance AI & Power Infrastructure ETF0.82
PWRDTCW Transform Systems ETF0.80
HVACAdvisorShares HVAC and Industrials ETF0.79
DARPGrizzle Growth ETF0.79

Most inversely correlated with VRTL

SymbolCompanyCorrelation
SOXSDirexion Daily Semiconductor Bear 3X ETF-0.69
SSGProShares UltraShort Semiconductors-0.69
TSXDDirexion Daily Semiconductors Top 5 Bear 2X ETF-0.67
BTALAGF U.S. Market Neutral Anti-Beta Fund-0.67
REWProshares UltraShort Technology-0.64

Frequently asked questions about VRTL correlations

Which stocks are most correlated with VRTL?
Based on one year of daily returns, the stocks most correlated with GraniteShares 2x Long VRT Daily ETF (VRTL) are VRT (1.00), AIPO (0.82) and PWRD (0.80). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
Which stocks are inversely correlated with VRTL?
Over the past year, the stocks most inversely correlated with GraniteShares 2x Long VRT Daily ETF (VRTL) are SOXS (-0.69), SSG (-0.69) and TSXD (-0.67). A negative correlation means the two stocks have tended to move in opposite directions.
What does a correlation of 0.8 mean for a stock?
Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
How are these VRTL correlations calculated?
We compute the correlation of daily returns between VRTL and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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