PLTA vs. PLTG

Last updated Jul 21, 2026

PLTA (ProShares Ultra PLTR) and PLTG (Leverage Shares 2X Long PLTR Daily ETF) are both Leveraged Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep.

Performance

PLTA vs. PLTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra PLTR (PLTA) and Leverage Shares 2X Long PLTR Daily ETF (PLTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PLTA having a -55.02% return and PLTG slightly higher at -54.74%.

PLTA

• 1D: 3.85%
• 1M: 6.06%
• 6M: -50.59%
• YTD: -55.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PLTG

• 1D: 3.75%
• 1M: 6.52%
• 6M: -50.46%
• YTD: -54.74%
• 1Y: -49.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -7.49%

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

PLTA vs. PLTG - Yearly Performance Comparison

	2026 (YTD)	2025
PLTA ProShares Ultra PLTR	-55.02%	4.92%
PLTG Leverage Shares 2X Long PLTR Daily ETF	-54.74%	6.14%

Correlation

The correlation between PLTA and PLTG is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	1.00

Return for Risk

PLTA vs. PLTG — 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.

PLTG

PLTG Risk / Return Rank: 6
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 8
PLTG Omega Ratio Rank: 7
PLTG Calmar Ratio Rank: 4
PLTG 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.

PLTA vs. PLTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra PLTR (PLTA) and Leverage Shares 2X Long PLTR Daily ETF (PLTG). 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	PLTG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.48	—
Sortino ratio: Return per unit of downside risk	—	-0.18	—
Omega ratio: Gain probability vs. loss probability	—	0.98	—
Calmar ratio: Return relative to maximum drawdown	—	-0.61	—
Martin ratio: Return relative to average drawdown	—	-1.04	—

Drawdowns

PLTA vs. PLTG - Drawdown Comparison

The maximum PLTA drawdown since its inception was -80.03%, roughly equal to the maximum PLTG drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for PLTA and PLTG.

Drawdown Indicators

	PLTA	PLTG	Difference
Max Drawdown Largest peak-to-trough decline	-80.03%	-80.11%	+0.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-80.11%	—
Current Drawdown Current decline from peak	-69.15%	-69.24%	+0.09%
Average Drawdown Average peak-to-trough decline	-43.95%	-34.39%	-9.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	47.27%	—

Volatility

Volatility by Period

	PLTA	PLTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	31.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	80.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	104.76%	102.97%	+1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.76%	105.44%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.76%	105.44%	-0.68%

Dividends

PLTA vs. PLTG - Dividend Comparison

PLTA's dividend yield for the trailing twelve months is around 3.26%, less than PLTG's 40.08% yield.

Position	TTM	2025
PLTA ProShares Ultra PLTR	3.26%	0.75%
PLTG Leverage Shares 2X Long PLTR Daily ETF	40.08%	18.14%

Frequently Asked Questions

Can I hold both PLTA and PLTG in my portfolio?

With a correlation of 1.00, PLTA and PLTG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

PLTG has the higher dividend yield at 40.08%, compared with 3.26% for PLTA.

What is the main difference between PLTA and PLTG?

They also come from different issuers: ProShares and Leverage Shares.