PLTD vs. YQQQ

Last updated Apr 17, 2026

PLTD (Direxion Daily PLTR Bear 1X Shares) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds — PLTD is a Inverse Equities fund tracking the Palantir Technologies Inc. (-100%), while YQQQ is a Derivative Income fund actively managed by YieldMax. PLTD is passively managed, while YQQQ is actively managed. Over the past year, PLTD returned -46.69% vs -15.75% for YQQQ. A 0.57 correlation means they provide meaningful diversification when combined. PLTD charges 0.98%/yr vs 0.99%/yr for YQQQ.

Performance

PLTD vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily PLTR Bear 1X Shares (PLTD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTD achieves a 16.59% return, which is significantly higher than YQQQ's 2.06% return.

PLTD

• 1D: -0.39%
• 1M: 5.98%
• YTD: 16.59%
• 6M: 12.76%
• 1Y: -46.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -0.58%
• 1M: -4.96%
• YTD: 2.06%
• 6M: 2.40%
• 1Y: -15.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTD vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTD Direxion Daily PLTR Bear 1X Shares	16.59%	-70.53%	-5.12%
YQQQ YieldMax Short N100 Option Income Strategy ETF	2.06%	-9.97%	2.28%

Correlation

The correlation between PLTD and YQQQ is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.57

The correlation between PLTD and YQQQ has been stable across timeframes, ranging from 0.53 to 0.57 — a consistent structural relationship.

Return for Risk

PLTD vs. YQQQ — Risk / Return Rank

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

PLTD

PLTD Risk / Return Rank: 2
PLTD Sharpe Ratio Rank: 1
PLTD Sortino Ratio Rank: 1
PLTD Omega Ratio Rank: 2
PLTD Calmar Ratio Rank: 2
PLTD Martin Ratio Rank: 2

YQQQ

YQQQ Risk / Return Rank: 2
YQQQ Sharpe Ratio Rank: 1
YQQQ Sortino Ratio Rank: 1
YQQQ Omega Ratio Rank: 1
YQQQ Calmar Ratio Rank: 2
YQQQ Martin Ratio Rank: 3

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.

PLTD vs. YQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bear 1X Shares (PLTD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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.

	PLTD	YQQQ	Difference
Sharpe ratio Return per unit of total volatility	-0.88	-1.18	+0.30
Sortino ratio Return per unit of downside risk	-1.32	-1.56	+0.24
Omega ratio Gain probability vs. loss probability	0.85	0.82	+0.04
Calmar ratio Return relative to maximum drawdown	-0.78	-0.58	-0.20
Martin ratio Return relative to average drawdown	-1.00	-0.78	-0.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTD vs. YQQQ - Sharpe Ratio Comparison

The current PLTD Sharpe Ratio is -0.88, which is comparable to the YQQQ Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of PLTD and YQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLTD	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.88	-1.18	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	-0.89	-0.45	-0.44

Drawdowns

PLTD vs. YQQQ - Drawdown Comparison

The maximum PLTD drawdown since its inception was -77.34%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for PLTD and YQQQ.

Drawdown Indicators

	PLTD	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-77.34%	-24.85%	-52.49%
Max Drawdown (1Y) Largest decline over 1 year	-60.37%	-23.07%	-37.30%
Current Drawdown Current decline from peak	-70.14%	-19.49%	-50.65%
Average Drawdown Average peak-to-trough decline	-58.39%	-13.42%	-44.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.14%	17.08%	+30.06%

Volatility

PLTD vs. YQQQ - Volatility Comparison

Direxion Daily PLTR Bear 1X Shares (PLTD) has a higher volatility of 17.67% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 6.06%. This indicates that PLTD's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTD	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.67%	6.06%	+11.61%
Volatility (6M) Calculated over the trailing 6-month period	37.67%	9.96%	+27.71%
Volatility (1Y) Calculated over the trailing 1-year period	53.58%	13.73%	+39.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.34%	16.44%	+47.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.34%	16.44%	+47.90%

PLTD vs. YQQQ - Expense Ratio Comparison

PLTD has a 0.98% expense ratio, which is lower than YQQQ's 0.99% expense ratio.

Dividends

PLTD vs. YQQQ - Dividend Comparison

PLTD's dividend yield for the trailing twelve months is around 3.17%, less than YQQQ's 28.86% yield.

	TTM	2025	2024
PLTD Direxion Daily PLTR Bear 1X Shares	3.17%	5.17%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	28.86%	31.71%	7.88%