How to reproduce:
1. Open the attached "IN-130682" project
2. Open the "VFX Test" Scene
3. Open the Frame Debugger window (Window > Analysis > Frame Debugger)
4. In the Frame Debugger window, click "Enable"
5. Observe the number of draw calls under "DrawOpaqueObjects"

Actual result: Two draw calls are present
Expected result: One draw call is present

Reproducible with: 6000.0.0b11 (a707ca4efec4), 6000.0.68f1, 6000.3.10f1, 6000.4.0b10, 6000.5.0a7
Could not test with: 2023.1.0a10 (Project gets stuck on "Initial Asset Database Refresh"), 2023.2.0a16 (Visual Effect Graph warnings and Visual Effect not rendering), 2023.3.0b1 (8ec5c23b39da) (Two draw calls are present when Set Lifetime is enabled)

Reproducible on: macOS 26.2 (M1 Max)
Not reproducible on: No other environments tested

Note: After enabling “Set Lifetime”, only one draw call is present