IBTI vs. PLTU

Last updated Jul 16, 2026

IBTI (iShares iBonds Dec 2028 Term Treasury ETF) and PLTU (Direxion Daily PLTR Bull 2X ETF) are both exchange-traded funds - IBTI is a Government Bonds fund tracking the ICE 2028 Maturity US Treasury Index, while PLTU is a Leveraged Equities fund actively managed by Direxion. IBTI is passively managed, while PLTU is actively managed. Over the past year, IBTI returned 3.43% vs -44.11% for PLTU. At a correlation of -0.14, they often move in opposite directions. IBTI charges 0.07%/yr vs 0.86%/yr for PLTU.

Performance

IBTI vs. PLTU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2028 Term Treasury ETF (IBTI) and Direxion Daily PLTR Bull 2X ETF (PLTU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBTI achieves a 0.64% return, which is significantly higher than PLTU's -54.93% return.

IBTI

• 1D: 0.07%
• 1M: 0.15%
• 6M: 0.55%
• YTD: 0.64%
• 1Y: 3.43%
• 3Y*: 3.96%
• 5Y*: 0.01%
• 10Y*: —

PLTU

• 1D: 0.03%
• 1M: -4.64%
• 6M: -54.76%
• YTD: -54.93%
• 1Y: -44.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBTI vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBTI iShares iBonds Dec 2028 Term Treasury ETF	0.64%	6.15%	-0.33%
PLTU Direxion Daily PLTR Bull 2X ETF	-54.93%	223.17%	14.77%

Correlation

The correlation between IBTI and PLTU is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	-0.14

Return for Risk

IBTI vs. PLTU — Risk / Return Rank

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

IBTI

IBTI Risk / Return Rank: 80
IBTI Sharpe Ratio Rank: 81
IBTI Sortino Ratio Rank: 90
IBTI Omega Ratio Rank: 86
IBTI Calmar Ratio Rank: 76
IBTI Martin Ratio Rank: 69

PLTU

PLTU Risk / Return Rank: 6
PLTU Sharpe Ratio Rank: 6
PLTU Sortino Ratio Rank: 8
PLTU Omega Ratio Rank: 8
PLTU Calmar Ratio Rank: 5
PLTU Martin Ratio Rank: 5

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.

IBTI vs. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2028 Term Treasury ETF (IBTI) 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.

	IBTI	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	2.05	-0.43	+2.48
Sortino ratio: Return per unit of downside risk	3.36	-0.06	+3.42
Omega ratio: Gain probability vs. loss probability	1.41	0.99	+0.42
Calmar ratio: Return relative to maximum drawdown	3.14	-0.56	+3.70
Martin ratio: Return relative to average drawdown	10.05	-0.96	+11.01

IBTI vs. PLTU - Sharpe Ratio Comparison

The current IBTI Sharpe Ratio is 2.05, which is higher than the PLTU Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of IBTI and PLTU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBTI vs. PLTU - Drawdown Comparison

The maximum IBTI drawdown since its inception was -18.45%, smaller than the maximum PLTU drawdown of -79.43%. Use the drawdown chart below to compare losses from any high point for IBTI and PLTU.

Drawdown Indicators

	IBTI	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-18.45%	-79.43%	+60.98%
Max Drawdown (1Y) Largest decline over 1 year	-1.10%	-79.43%	+78.33%
Max Drawdown (3Y) Largest decline over 3 years	-3.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.18%	—	—
Current Drawdown Current decline from peak	-3.59%	-68.66%	+65.07%
Average Drawdown Average peak-to-trough decline	-8.17%	-34.56%	+26.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	45.89%	-45.55%

Volatility

IBTI vs. PLTU - Volatility Comparison

The current volatility for iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is 0.52%, while Direxion Daily PLTR Bull 2X ETF (PLTU) has a volatility of 32.99%. This indicates that IBTI 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.

Volatility by Period

	IBTI	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	32.99%	-32.47%
Volatility (6M) Calculated over the trailing 6-month period	1.15%	79.69%	-78.54%
Volatility (1Y) Calculated over the trailing 1-year period	1.68%	102.59%	-100.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.98%	125.74%	-120.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.13%	125.74%	-120.61%

IBTI vs. PLTU - Expense Ratio Comparison

IBTI has a 0.07% expense ratio, which is lower than PLTU's 0.86% expense ratio.

Dividends

IBTI vs. PLTU - Dividend Comparison

IBTI's dividend yield for the trailing twelve months is around 3.79%, less than PLTU's 52.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IBTI iShares iBonds Dec 2028 Term Treasury ETF	3.79%	3.87%	3.92%	3.27%	1.70%	0.90%	0.56%
PLTU Direxion Daily PLTR Bull 2X ETF	52.89%	23.29%	0.12%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBTI and PLTU in my portfolio?

IBTI and PLTU have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBTI or PLTU?

PLTU has higher volatility (32.99%) compared to IBTI (0.52%). In terms of maximum drawdown, IBTI dropped -18.45% vs PLTU's -79.43%.

Which ETF is better, IBTI or PLTU?

On 1-year performance, IBTI leads with 3.43% vs -44.11% for PLTU. On fees, IBTI is cheaper at 0.07% per year. On volatility, IBTI has been the lower-risk option at 0.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBTI or PLTU?

Over the 1-year period, IBTI has performed better with a 3.43% return vs -44.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBTI or PLTU?

IBTI is cheaper with a 0.07% expense ratio, compared with 0.86% for PLTU.

Which ETF pays a higher dividend yield, IBTI or PLTU?

PLTU has the higher dividend yield at 52.89%, compared with 3.79% for IBTI.

What is the main difference between IBTI and PLTU?

IBTI is categorized as Government Bonds, while PLTU is Leveraged Equities. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.07% for IBTI and 0.86% for PLTU.

Which has better risk-adjusted returns?

IBTI currently has the higher Sharpe Ratio (2.05 vs -0.43), 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.