PLTA vs. VALG

Last updated Jul 21, 2026

PLTA (ProShares Ultra PLTR) and VALG (Leverage Shares 2X Long VALE Daily ETF) are both Leveraged Equities funds. PLTA is actively managed, while VALG is passively managed. At a 0.09 correlation, their price movements are largely independent.

Performance

PLTA vs. VALG - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTA achieves a -55.02% return, which is significantly lower than VALG's 1.64% return.

PLTA

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

VALG

• 1D: -1.42%
• 1M: -18.11%
• 6M: -18.28%
• YTD: 1.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

PLTA vs. VALG - Yearly Performance Comparison

	2026 (YTD)	2025
PLTA ProShares Ultra PLTR	-55.02%	-0.38%
VALG Leverage Shares 2X Long VALE Daily ETF	1.64%	1.57%

Correlation

The correlation between PLTA and VALG is 0.09, 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 (All Time) Calculated using the full available price history since Dec 18, 2025	0.09

Return for Risk

PLTA vs. VALG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra PLTR (PLTA) and Leverage Shares 2X Long VALE Daily ETF (VALG). 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.

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

Drawdowns

PLTA vs. VALG - Drawdown Comparison

The maximum PLTA drawdown since its inception was -80.03%, which is greater than VALG's maximum drawdown of -41.17%. Use the drawdown chart below to compare losses from any high point for PLTA and VALG.

Drawdown Indicators

	PLTA	VALG	Difference
Max Drawdown Largest peak-to-trough decline	-80.03%	-41.17%	-38.86%
Current Drawdown Current decline from peak	-69.15%	-41.17%	-27.98%
Average Drawdown Average peak-to-trough decline	-43.95%	-16.13%	-27.82%

Volatility

Volatility by Period

	PLTA	VALG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	104.76%	73.08%	+31.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.76%	73.08%	+31.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.76%	73.08%	+31.68%

Dividends

PLTA vs. VALG - Dividend Comparison

PLTA's dividend yield for the trailing twelve months is around 3.26%, while VALG has not paid dividends to shareholders.

Position	TTM	2025
PLTA ProShares Ultra PLTR	3.26%	0.75%
VALG Leverage Shares 2X Long VALE Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLTA and VALG in my portfolio?

PLTA and VALG have a correlation of 0.09, 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 VALG?

PLTA has the higher dividend yield at 3.26%, compared with 0.00% for VALG.

What is the main difference between PLTA and VALG?

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