IFED vs. PLUL

Last updated Aug 5, 2026

IFED (ETRACS IFED Invest with the Fed TR Index ETN) and PLUL (Leverage Shares 2X Long PLUG Daily ETF) are both Leveraged Equities funds - IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross while PLUL tracks the Plug Power Inc. (PLUG). Both are passively managed. Their 0.19 correlation means their historical movements had little consistent relationship. IFED charges 0.45%/yr vs 0.75%/yr for PLUL.

Performance

IFED vs. PLUL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long PLUG Daily ETF (PLUL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IFED

• 1D: 0.00%
• 1M: 10.34%
• 6M: 12.77%
• YTD: 6.57%
• 1Y: 9.27%
• 3Y*: 18.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.61%

PLUL

• 1D: 7.36%
• 1M: -36.40%
• 6M: -33.31%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IFED ETRACS IFED Invest with the Fed TR Index ETN	$121.94K	$80.88K	$45.76K
PLUL Leverage Shares 2X Long PLUG Daily ETF	$205.26K	$288.38K	$1.33M

IFED vs. PLUL - Yearly Performance Comparison

	2026 (YTD)
IFED ETRACS IFED Invest with the Fed TR Index ETN	5.98%
PLUL Leverage Shares 2X Long PLUG Daily ETF	-45.49%

Correlation

The correlation between IFED and PLUL is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.19

Return for Risk

IFED vs. PLUL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IFED

IFED Risk / Return Rank: 19
IFED Sharpe Ratio Rank: 17
IFED Sortino Ratio Rank: 18
IFED Omega Ratio Rank: 23
IFED Calmar Ratio Rank: 17
IFED Martin Ratio Rank: 20

PLUL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IFED vs. PLUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Leverage Shares 2X Long PLUG Daily ETF (PLUL). 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.

	IFED	PLUL	Difference
Sharpe ratio: Return per unit of total volatility	0.32	—	—
Sortino ratio: Return per unit of downside risk	0.67	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.46	—	—
Martin ratio: Return relative to average drawdown	1.43	—	—

Drawdowns

IFED vs. PLUL - Drawdown Comparison

The maximum IFED drawdown since its inception was -22.36%, smaller than the maximum PLUL drawdown of -81.17%. Use the drawdown chart below to compare losses from any high point for IFED and PLUL.

Drawdown Indicators

	IFED	PLUL	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-81.17%	+58.81%
Max Drawdown (1Y) Largest decline over 1 year	-20.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	—	—
Current Drawdown Current decline from peak	-10.51%	-75.91%	+65.40%
Average Drawdown Average peak-to-trough decline	-5.85%	-36.22%	+30.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.50%	—	—

Volatility

Volatility by Period

	IFED	PLUL	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.47%	174.72%	-145.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.59%	174.72%	-152.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.59%	174.72%	-152.13%

IFED vs. PLUL - Expense Ratio Comparison

IFED has a 0.45% expense ratio, which is lower than PLUL's 0.75% expense ratio.

Dividends

IFED vs. PLUL - Dividend Comparison

Neither IFED nor PLUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IFED and PLUL in my portfolio?

IFED and PLUL 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, IFED or PLUL?

On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFED or PLUL?

IFED is cheaper with a 0.45% expense ratio, compared with 0.75% for PLUL.

Which ETF pays a higher dividend yield, IFED or PLUL?

IFED and PLUL have nearly identical dividend yields, around 0.00%.

What is the main difference between IFED and PLUL?

IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross, while PLUL tracks Plug Power Inc. (PLUG). They also come from different issuers: UBS and Leverage Shares. Their fees differ too: 0.45% for IFED and 0.75% for PLUL.