GDXD vs. PLTZ

Last updated Jun 4, 2026

GDXD (MicroSectors Gold Miners -3X Inverse Leveraged ETNs) and PLTZ (Defiance Daily Target 2X Short PLTR ETF) are both Inverse Equities funds. GDXD is passively managed, while PLTZ is actively managed. At a 0.19 correlation, their price movements are largely independent. GDXD charges 0.95%/yr vs 1.29%/yr for PLTZ.

Performance

GDXD vs. PLTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and Defiance Daily Target 2X Short PLTR ETF (PLTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXD achieves a -51.20% return, which is significantly lower than PLTZ's -7.75% return.

GDXD

• 1D: 10.76%
• 1M: -10.12%
• YTD: -51.20%
• 6M: -62.62%
• 1Y: -93.08%
• 3Y*: -84.24%
• 5Y*: -72.73%
• 10Y*: —

PLTZ

• 1D: 10.54%
• 1M: -18.06%
• YTD: -7.75%
• 6M: -18.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDXD vs. PLTZ - Yearly Performance Comparison

	2026 (YTD)	2025
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs	-51.20%	-86.62%
PLTZ Defiance Daily Target 2X Short PLTR ETF	-7.75%	-64.39%

Correlation

The correlation between GDXD and PLTZ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.19

Return for Risk

GDXD vs. PLTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDXD

GDXD Risk / Return Rank: 2
GDXD Sharpe Ratio Rank: 3
GDXD Sortino Ratio Rank: 1
GDXD Omega Ratio Rank: 1
GDXD Calmar Ratio Rank: 1
GDXD Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDXD vs. PLTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and Defiance Daily Target 2X Short PLTR ETF (PLTZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GDXD	PLTZ	Difference
Sharpe ratio Return per unit of total volatility	-0.68	—	—
Sortino ratio Return per unit of downside risk	-1.88	—	—
Omega ratio Gain probability vs. loss probability	0.80	—	—
Calmar ratio Return relative to maximum drawdown	-0.97	—	—
Martin ratio Return relative to average drawdown	-1.22	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GDXD	PLTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.68	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	-0.67	+0.01

Drawdowns

GDXD vs. PLTZ - Drawdown Comparison

The maximum GDXD drawdown since its inception was -99.96%, which is greater than PLTZ's maximum drawdown of -70.28%. Use the drawdown chart below to compare losses from any high point for GDXD and PLTZ.

Drawdown Indicators

	GDXD	PLTZ	Difference
Max Drawdown Largest peak-to-trough decline	-99.96%	-70.28%	-29.68%
Max Drawdown (1Y) Largest decline over 1 year	-96.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-99.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.96%	—	—
Current Drawdown Current decline from peak	-99.93%	-67.15%	-32.78%
Average Drawdown Average peak-to-trough decline	-71.85%	-51.98%	-19.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	75.91%	—	—

Volatility

Volatility by Period

	GDXD	PLTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	109.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	136.25%	101.32%	+34.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.97%	101.32%	+8.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	109.35%	101.32%	+8.03%

GDXD vs. PLTZ - Expense Ratio Comparison

GDXD has a 0.95% expense ratio, which is lower than PLTZ's 1.29% expense ratio.

Dividends

GDXD vs. PLTZ - Dividend Comparison

Neither GDXD nor PLTZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GDXD and PLTZ in my portfolio?

GDXD and PLTZ have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDXD or PLTZ?

On fees, GDXD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXD or PLTZ?

GDXD is cheaper with a 0.95% expense ratio, compared with 1.29% for PLTZ.

Which ETF pays a higher dividend yield, GDXD or PLTZ?

GDXD and PLTZ have nearly identical dividend yields, around 0.00%.

What is the main difference between GDXD and PLTZ?

They also come from different issuers: BMO and Defiance. Their fees differ too: 0.95% for GDXD and 1.29% for PLTZ.