PLTE.TO vs. PLTY

Last updated Jul 16, 2026

PLTE.TO (Harvest Palantir Enhanced High Income Shares ETF) and PLTY (YieldMax PLTR Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. PLTE.TO charges 0.40%/yr vs 0.99%/yr for PLTY.

Performance

PLTE.TO vs. PLTY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and YieldMax PLTR Option Income Strategy ETF (PLTY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PLTE.TO is traded in CAD, while PLTY is traded in USD. To make them comparable, the PLTY values have been converted to CAD using the latest available exchange rates.

Returns By Period

PLTE.TO

• 1D: -0.19%
• 1M: -0.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTY

• 1D: -0.79%
• 1M: -0.03%
• 6M: -17.19%
• YTD: -15.71%
• 1Y: -6.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTE.TO vs. PLTY - Yearly Performance Comparison

	2026 (YTD)
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	-20.58%
PLTY YieldMax PLTR Option Income Strategy ETF	-13.93%

Correlation

The correlation between PLTE.TO and PLTY is 0.96 - 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 Jan 20, 2026	0.96

Return for Risk

PLTE.TO vs. PLTY — Risk / Return Rank

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

PLTE.TO

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

PLTY

PLTY Risk / Return Rank: 8
PLTY Sharpe Ratio Rank: 7
PLTY Sortino Ratio Rank: 8
PLTY Omega Ratio Rank: 8
PLTY Calmar Ratio Rank: 7
PLTY Martin Ratio Rank: 7

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.

PLTE.TO vs. PLTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.

	PLTE.TO	PLTY	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.14	—
Sortino ratio: Return per unit of downside risk	—	0.10	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.15	—
Martin ratio: Return relative to average drawdown	—	-0.28	—

Drawdowns

PLTE.TO vs. PLTY - Drawdown Comparison

The maximum PLTE.TO drawdown since its inception was -38.62%, roughly equal to the maximum PLTY drawdown of -40.44%. Use the drawdown chart below to compare losses from any high point for PLTE.TO and PLTY.

Drawdown Indicators

	PLTE.TO	PLTY	Difference
Max Drawdown Largest peak-to-trough decline	-38.62%	-40.44%	+1.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-40.44%	—
Current Drawdown Current decline from peak	-21.04%	-28.57%	+7.53%
Average Drawdown Average peak-to-trough decline	-19.08%	-14.39%	-4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.37%	—

Volatility

Volatility by Period

	PLTE.TO	PLTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.43%	42.92%	+20.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.43%	52.14%	+11.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.43%	52.14%	+11.29%

PLTE.TO vs. PLTY - Expense Ratio Comparison

PLTE.TO has a 0.40% expense ratio, which is lower than PLTY's 0.99% expense ratio.

Dividends

PLTE.TO vs. PLTY - Dividend Comparison

PLTE.TO's dividend yield for the trailing twelve months is around 20.89%, less than PLTY's 117.07% yield.

Position	TTM	2025	2024
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	20.89%	0.00%	0.00%
PLTY YieldMax PLTR Option Income Strategy ETF	117.07%	112.44%	7.85%

Frequently Asked Questions

Can I hold both PLTE.TO and PLTY in my portfolio?

With a correlation of 0.96, PLTE.TO and PLTY 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 is better, PLTE.TO or PLTY?

On fees, PLTE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLTE.TO or PLTY?

PLTE.TO is cheaper with a 0.40% expense ratio, compared with 0.99% for PLTY.

What is the main difference between PLTE.TO and PLTY?

They also come from different issuers: Harvest and YieldMax. Their fees differ too: 0.40% for PLTE.TO and 0.99% for PLTY.