IBMR vs. PLTU
IBMR (iShares iBonds Dec 2029 Term Muni Bond ETF) and PLTU (Direxion Daily PLTR Bull 2X ETF) are both exchange-traded funds - IBMR is a Municipal Bonds fund tracking the S&P AMT-Free Municipal Series Callable-Adjusted 2029 Index, while PLTU is a Leveraged Equities fund actively managed by Direxion. IBMR is passively managed, while PLTU is actively managed. Over the past year, IBMR returned 1.72% vs -54.58% for PLTU. Their -0.06 correlation means they have often moved in opposite directions in the past. IBMR charges 0.18%/yr vs 0.86%/yr for PLTU.
Performance
IBMR vs. PLTU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBMR achieves a 0.49% return, which is significantly higher than PLTU's -60.82% return.
IBMR
- 1D
- 0.05%
- 1M
- -0.46%
- 6M
- -0.33%
- YTD
- 0.49%
- 1Y
- 1.72%
- 3Y*
- 3.25%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.61%
PLTU
- 1D
- 4.72%
- 1M
- -7.46%
- 6M
- -41.94%
- YTD
- -60.82%
- 1Y
- -54.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 25.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.30M | $1.37M | $1.46M | |
| $67.83M | $79.33M | $107.65M |
IBMR vs. PLTU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBMR iShares iBonds Dec 2029 Term Muni Bond ETF | 0.49% | 4.45% | -0.91% |
PLTU Direxion Daily PLTR Bull 2X ETF | -60.82% | 223.17% | 14.77% |
Correlation
The correlation between IBMR and PLTU is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024 | -0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBMR vs. PLTU — Risk / Return Rank
IBMR
PLTU
IBMR vs. PLTU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) and Direxion Daily PLTR Bull 2X ETF (PLTU). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBMR | PLTU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.96 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | -0.69 | +1.80 |
| Martin ratioReturn relative to average drawdown | 2.67 | -1.12 | +3.79 |
Loading charts...
Drawdowns
IBMR vs. PLTU - Drawdown Comparison
The maximum IBMR drawdown since its inception was -4.83%, smaller than the maximum PLTU drawdown of -79.43%. Use the drawdown chart below to compare losses from any high point for IBMR and PLTU.
Loading charts...
Drawdown Indicators
| IBMR | PLTU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.83% | -79.43% | +74.60% |
Max Drawdown (1Y)Largest decline over 1 year | -1.55% | -79.43% | +77.88% |
Max Drawdown (3Y)Largest decline over 3 years | -3.63% | — | — |
Current DrawdownCurrent decline from peak | -0.90% | -72.76% | +71.86% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -35.74% | +34.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 48.71% | -48.07% |
Volatility
IBMR vs. PLTU - Volatility Comparison
The current volatility for iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is 0.43%, while Direxion Daily PLTR Bull 2X ETF (PLTU) has a volatility of 27.21%. This indicates that IBMR experiences smaller price fluctuations and is considered to be less risky than PLTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBMR | PLTU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.43% | 27.21% | -26.78% |
Volatility (6M)Calculated over the trailing 6-month period | 1.10% | 81.43% | -80.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.62% | 104.67% | -103.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.00% | 125.14% | -122.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.00% | 125.14% | -122.14% |
IBMR vs. PLTU - Expense Ratio Comparison
IBMR has a 0.18% expense ratio, which is lower than PLTU's 0.86% expense ratio.
Dividends
IBMR vs. PLTU - Dividend Comparison
IBMR's dividend yield for the trailing twelve months is around 2.54%, less than PLTU's 60.85% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBMR iShares iBonds Dec 2029 Term Muni Bond ETF | 2.54% | 2.55% | 2.53% | 1.27% |
PLTU Direxion Daily PLTR Bull 2X ETF | 60.85% | 23.29% | 0.12% | 0.00% |
Frequently Asked Questions
IBMR and PLTU have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTU has higher volatility (27.21%) compared to IBMR (0.43%). In terms of maximum drawdown, IBMR dropped -4.83% vs PLTU's -79.43%.
On 1-year performance, IBMR leads with 1.72% vs -54.58% for PLTU. On fees, IBMR is cheaper at 0.18% per year. On volatility, IBMR has been the lower-risk option at 0.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBMR has performed better with a 1.72% return vs -54.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBMR is cheaper with a 0.18% expense ratio, compared with 0.86% for PLTU.
PLTU has the higher dividend yield at 60.85%, compared with 2.54% for IBMR.
IBMR is categorized as Municipal Bonds, while PLTU is Leveraged Equities. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.18% for IBMR and 0.86% for PLTU.
IBMR currently has the higher Sharpe Ratio (1.07 vs -0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IBMR and PLTU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer