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PLTE.TO vs. PLTY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

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.

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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

In the year-to-date period, PLTE.TO achieves a -21.07% return, which is significantly lower than PLTY's -12.44% return.


PLTE.TO

1D
-6.14%
1M
1.02%
YTD
-21.07%
6M
-20.59%
1Y
10.84%
3Y*
5Y*
10Y*

PLTY

1D
-5.15%
1M
2.30%
YTD
-12.44%
6M
-14.58%
1Y
6.03%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLTE.TO vs. PLTY - Yearly Performance Comparison


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 (1Y)
Calculated over the trailing 1-year period

0.96

Correlation (All Time)
Calculated using the full available price history since Jan 17, 2025

0.96

The correlation between PLTE.TO and PLTY has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

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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
PLTE.TO Risk / Return Rank: 1212
Overall Rank
PLTE.TO Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
PLTE.TO Sortino Ratio Rank: 1414
Sortino Ratio Rank
PLTE.TO Omega Ratio Rank: 1414
Omega Ratio Rank
PLTE.TO Calmar Ratio Rank: 1212
Calmar Ratio Rank
PLTE.TO Martin Ratio Rank: 1111
Martin Ratio Rank

PLTY
PLTY Risk / Return Rank: 1010
Overall Rank
PLTY Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
PLTY Sortino Ratio Rank: 1111
Sortino Ratio Rank
PLTY Omega Ratio Rank: 1212
Omega Ratio Rank
PLTY Calmar Ratio Rank: 1010
Calmar Ratio Rank
PLTY Martin Ratio Rank: 1010
Martin Ratio Rank
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.


PLTE.TOPLTYDifference
Sharpe ratioReturn per unit of total volatility

+0.05

Sortino ratioReturn per unit of downside risk

+0.17

Omega ratioGain probability vs. loss probability

1.08

1.06

+0.02

Calmar ratioReturn relative to maximum drawdown

0.26

0.17

+0.10

Martin ratioReturn relative to average drawdown

0.50

0.32

+0.18

PLTE.TO vs. PLTY - Sharpe Ratio Comparison

The current PLTE.TO Sharpe Ratio is 0.19, which is higher than the PLTY Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of PLTE.TO and PLTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


PLTE.TOPLTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.19

0.14

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.99

1.31

-0.32

Drawdowns

PLTE.TO vs. PLTY - Drawdown Comparison

The maximum PLTE.TO drawdown since its inception was -43.92%, which is greater than PLTY's maximum drawdown of -36.47%. Use the drawdown chart below to compare losses from any high point for PLTE.TO and PLTY.


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Drawdown Indicators


PLTE.TOPLTYDifference

Max Drawdown

Largest peak-to-trough decline

-43.92%

-36.47%

-7.45%

Max Drawdown (1Y)

Largest decline over 1 year

-41.32%

-36.24%

-5.08%

Current Drawdown

Current decline from peak

-31.82%

-25.87%

-5.95%

Average Drawdown

Average peak-to-trough decline

-17.25%

-13.40%

-3.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.78%

18.80%

+2.98%

Volatility

PLTE.TO vs. PLTY - Volatility Comparison

Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) has a higher volatility of 18.90% compared to YieldMax PLTR Option Income Strategy ETF (PLTY) at 14.83%. This indicates that PLTE.TO's price experiences larger fluctuations and is considered to be riskier than PLTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PLTE.TOPLTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.90%

14.83%

+4.07%

Volatility (6M)

Calculated over the trailing 6-month period

42.12%

31.65%

+10.47%

Volatility (1Y)

Calculated over the trailing 1-year period

56.11%

42.84%

+13.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

69.55%

52.20%

+17.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

69.55%

52.20%

+17.35%

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 40.53%, less than PLTY's 108.80% yield.


PositionTTM20252024
PLTE.TO
Harvest Palantir Enhanced High Income Shares ETF
40.53%23.70%0.00%
PLTY
YieldMax PLTR Option Income Strategy ETF
108.80%112.44%7.85%

Frequently Asked Questions


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.

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.

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

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

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Find the right allocation for PLTE.TO and PLTY

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