PLTA vs. IFED

Last updated Jun 30, 2026

PLTA (ProShares Ultra PLTR) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds. PLTA is actively managed, while IFED is passively managed. At a 0.46 correlation, their price movements are largely independent.

Performance

PLTA vs. IFED - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra PLTR (PLTA) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTA achieves a -66.27% return, which is significantly lower than IFED's -4.30% return.

PLTA

• 1D: 5.08%
• 1M: -47.59%
• YTD: -66.27%
• 6M: -68.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IFED

• 1D: 0.70%
• 1M: -1.69%
• YTD: -4.30%
• 6M: -5.28%
• 1Y: -0.79%
• 3Y*: 14.83%
• 5Y*: —
• 10Y*: —

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

PLTA vs. IFED - Yearly Performance Comparison

	2026 (YTD)	2025
PLTA ProShares Ultra PLTR	-66.27%	4.92%
IFED ETRACS IFED Invest with the Fed TR Index ETN	-4.30%	0.59%

Correlation

The correlation between PLTA and IFED is 0.46, 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 Sep 10, 2025	0.46

Return for Risk

PLTA vs. IFED — Risk / Return Rank

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

PLTA

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

IFED

IFED Risk / Return Rank: 9
IFED Sharpe Ratio Rank: 9
IFED Sortino Ratio Rank: 8
IFED Omega Ratio Rank: 8
IFED Calmar Ratio Rank: 9
IFED Martin Ratio Rank: 9

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.

PLTA vs. IFED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra PLTR (PLTA) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.

	PLTA	IFED	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.04	—
Sortino ratio: Return per unit of downside risk	—	0.06	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.05	—
Martin ratio: Return relative to average drawdown	—	-0.13	—

Drawdowns

PLTA vs. IFED - Drawdown Comparison

The maximum PLTA drawdown since its inception was -80.03%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for PLTA and IFED.

Drawdown Indicators

	PLTA	IFED	Difference
Max Drawdown Largest peak-to-trough decline	-80.03%	-22.36%	-57.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.36%	—
Current Drawdown Current decline from peak	-76.86%	-6.26%	-70.60%
Average Drawdown Average peak-to-trough decline	-42.07%	-5.83%	-36.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.93%	—

Volatility

Volatility by Period

	PLTA	IFED	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	105.70%	17.89%	+87.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.70%	20.09%	+85.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.70%	20.09%	+85.61%

Dividends

PLTA vs. IFED - Dividend Comparison

PLTA's dividend yield for the trailing twelve months is around 4.34%, while IFED has not paid dividends to shareholders.

Position	TTM	2025
IFED ETRACS IFED Invest with the Fed TR Index ETN	0.00%	0.00%
PLTA ProShares Ultra PLTR	4.34%	0.75%

Frequently Asked Questions

Can I hold both PLTA and IFED in my portfolio?

PLTA and IFED have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

PLTA has the higher dividend yield at 4.34%, compared with 0.00% for IFED.

What is the main difference between PLTA and IFED?

They also come from different issuers: ProShares and UBS.