PLTG vs. ADBG

Last updated Aug 2, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, PLTG returned -58.52% vs -61.06% for ADBG. Their 0.22 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

PLTG vs. ADBG - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTG achieves a -63.05% return, which is significantly lower than ADBG's -58.12% return.

PLTG

• 1D: 1.90%
• 1M: -11.61%
• 6M: -44.23%
• YTD: -63.05%
• 1Y: -58.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -21.05%

ADBG

• 1D: 1.66%
• 1M: 24.78%
• 6M: -39.12%
• YTD: -58.12%
• 1Y: -61.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -59.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADBG Leverage Shares 2X Long ADBE Daily ETF	$29.29M	$27.94M	$25.65M
PLTG Leverage Shares 2X Long PLTR Daily ETF	$2.36M	$3.34M	$5.05M

PLTG vs. ADBG - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-63.05%	100.70%
ADBG Leverage Shares 2X Long ADBE Daily ETF	-58.12%	-18.15%

Correlation

The correlation between PLTG and ADBG is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025	0.22

Return for Risk

PLTG vs. ADBG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PLTG

PLTG Risk / Return Rank: 4
PLTG Sharpe Ratio Rank: 4
PLTG Sortino Ratio Rank: 6
PLTG Omega Ratio Rank: 5
PLTG Calmar Ratio Rank: 3
PLTG Martin Ratio Rank: 3

ADBG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PLTG vs. ADBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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.

	PLTG	ADBG	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	-0.82	+0.24
Sortino ratio: Return per unit of downside risk	-0.49	-1.23	+0.74
Omega ratio: Gain probability vs. loss probability	0.94	0.86	+0.09
Calmar ratio: Return relative to maximum drawdown	-0.76	-0.82	+0.06
Martin ratio: Return relative to average drawdown	-1.23	-1.37	+0.14

PLTG vs. ADBG - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.58, which is comparable to the ADBG Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of PLTG and ADBG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLTG vs. ADBG - Drawdown Comparison

The maximum PLTG drawdown since its inception was -80.11%, roughly equal to the maximum ADBG drawdown of -84.14%. Use the drawdown chart below to compare losses from any high point for PLTG and ADBG.

Drawdown Indicators

	PLTG	ADBG	Difference
Max Drawdown Largest peak-to-trough decline	-80.11%	-84.14%	+4.03%
Max Drawdown (1Y) Largest decline over 1 year	-80.11%	-77.58%	-2.53%
Current Drawdown Current decline from peak	-74.89%	-74.57%	-0.32%
Average Drawdown Average peak-to-trough decline	-35.51%	-45.89%	+10.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.28%	46.03%	+3.25%

Volatility

PLTG vs. ADBG - Volatility Comparison

The current volatility for Leverage Shares 2X Long PLTR Daily ETF (PLTG) is 27.31%, while Leverage Shares 2X Long ADBE Daily ETF (ADBG) has a volatility of 32.51%. This indicates that PLTG experiences smaller price fluctuations and is considered to be less risky than ADBG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	ADBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.31%	32.51%	-5.20%
Volatility (6M) Calculated over the trailing 6-month period	82.19%	66.46%	+15.73%
Volatility (1Y) Calculated over the trailing 1-year period	104.68%	76.96%	+27.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.88%	72.72%	+33.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.88%	72.72%	+33.16%

PLTG vs. ADBG - Expense Ratio Comparison

Both PLTG and ADBG have an expense ratio of 0.75%.

Dividends

PLTG vs. ADBG - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 49.09%, while ADBG has not paid dividends to shareholders.

Position	TTM	2025
ADBG Leverage Shares 2X Long ADBE Daily ETF	0.00%	0.00%
PLTG Leverage Shares 2X Long PLTR Daily ETF	49.09%	18.14%

Frequently Asked Questions

Can I hold both PLTG and ADBG in my portfolio?

PLTG and ADBG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTG or ADBG?

ADBG has higher volatility (32.51%) compared to PLTG (27.31%). In terms of maximum drawdown, PLTG dropped -80.11% vs ADBG's -84.14%.

Which ETF is better, PLTG or ADBG?

On 1-year performance, PLTG leads with -58.52% vs -61.06% for ADBG. Both ETFs have the same 0.75% expense ratio. On volatility, PLTG has been the lower-risk option at 27.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or ADBG?

Over the 1-year period, PLTG has performed better with a -58.52% return vs -61.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or ADBG?

PLTG and ADBG have the same expense ratio: 0.75% per year.

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

PLTG has the higher dividend yield at 49.09%, compared with 0.00% for ADBG.

Which has better risk-adjusted returns?

PLTG currently has the higher Sharpe Ratio (-0.58 vs -0.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.