PLTG vs. DLLL

Last updated Jun 4, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and DLLL (GraniteShares 2x Long DELL Daily ETF) are both Leveraged Equities funds. PLTG is actively managed, while DLLL is passively managed. Over the past year, PLTG returned -24.67% vs 850.63% for DLLL. At a 0.28 correlation, their price movements are largely independent. PLTG charges 0.75%/yr vs 1.50%/yr for DLLL.

Performance

PLTG vs. DLLL - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTG achieves a -47.23% return, which is significantly lower than DLLL's 757.76% return.

PLTG

• 1D: -13.32%
• 1M: -9.50%
• YTD: -47.23%
• 6M: -47.68%
• 1Y: -24.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLLL

• 1D: -6.45%
• 1M: 245.92%
• YTD: 757.76%
• 6M: 648.38%
• 1Y: 850.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTG vs. DLLL - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-47.23%	86.53%
DLLL GraniteShares 2x Long DELL Daily ETF	757.76%	50.56%

Correlation

The correlation between PLTG and DLLL is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.28

Return for Risk

PLTG vs. DLLL — Risk / Return Rank

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

PLTG

PLTG Risk / Return Rank: 8
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 11
PLTG Omega Ratio Rank: 11
PLTG Calmar Ratio Rank: 6
PLTG Martin Ratio Rank: 6

DLLL

DLLL Risk / Return Rank: 95
DLLL Sharpe Ratio Rank: 99
DLLL Sortino Ratio Rank: 94
DLLL Omega Ratio Rank: 91
DLLL Calmar Ratio Rank: 98
DLLL Martin Ratio Rank: 95

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.

PLTG vs. DLLL - Risk-Adjusted Trends Comparison

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

	PLTG	DLLL	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	6.65	-6.89
Sortino ratio: Return per unit of downside risk	0.34	4.81	-4.47
Omega ratio: Gain probability vs. loss probability	1.04	1.60	-0.55
Calmar ratio: Return relative to maximum drawdown	-0.36	15.02	-15.38
Martin ratio: Return relative to average drawdown	-0.62	31.34	-31.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTG vs. DLLL - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.24, which is lower than the DLLL Sharpe Ratio of 6.65. The chart below compares the historical Sharpe Ratios of PLTG and DLLL, 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

	PLTG	DLLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	6.65	-6.89
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	3.16	-3.17

Drawdowns

PLTG vs. DLLL - Drawdown Comparison

The maximum PLTG drawdown since its inception was -69.02%, roughly equal to the maximum DLLL drawdown of -68.58%. Use the drawdown chart below to compare losses from any high point for PLTG and DLLL.

Drawdown Indicators

	PLTG	DLLL	Difference
Max Drawdown Largest peak-to-trough decline	-69.02%	-68.58%	-0.44%
Max Drawdown (1Y) Largest decline over 1 year	-69.02%	-57.19%	-11.83%
Current Drawdown Current decline from peak	-64.14%	-18.86%	-45.28%
Average Drawdown Average peak-to-trough decline	-30.36%	-25.91%	-4.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.15%	27.36%	+12.79%

Volatility

PLTG vs. DLLL - Volatility Comparison

The current volatility for Leverage Shares 2X Long PLTR Daily ETF (PLTG) is 36.64%, while GraniteShares 2x Long DELL Daily ETF (DLLL) has a volatility of 69.39%. This indicates that PLTG experiences smaller price fluctuations and is considered to be less risky than DLLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	DLLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.64%	69.39%	-32.75%
Volatility (6M) Calculated over the trailing 6-month period	77.89%	102.08%	-24.19%
Volatility (1Y) Calculated over the trailing 1-year period	103.03%	129.28%	-26.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.00%	130.55%	-24.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.00%	130.55%	-24.55%

PLTG vs. DLLL - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than DLLL's 1.50% expense ratio.

Dividends

PLTG vs. DLLL - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 34.37%, while DLLL has not paid dividends to shareholders.

Position	TTM	2025
DLLL GraniteShares 2x Long DELL Daily ETF	0.00%	0.00%
PLTG Leverage Shares 2X Long PLTR Daily ETF	34.37%	18.14%

Frequently Asked Questions

Can I hold both PLTG and DLLL in my portfolio?

PLTG and DLLL have a correlation of 0.28, 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 DLLL?

DLLL has higher volatility (69.39%) compared to PLTG (36.64%). In terms of maximum drawdown, PLTG dropped -69.02% vs DLLL's -68.58%.

Which ETF is better, PLTG or DLLL?

On 1-year performance, DLLL leads with 850.63% vs -24.67% for PLTG. On fees, PLTG is cheaper at 0.75% per year. On volatility, PLTG has been the lower-risk option at 36.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or DLLL?

Over the 1-year period, DLLL has performed better with a 850.63% return vs -24.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or DLLL?

PLTG is cheaper with a 0.75% expense ratio, compared with 1.50% for DLLL.

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

PLTG has the higher dividend yield at 34.37%, compared with 0.00% for DLLL.

What is the main difference between PLTG and DLLL?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for PLTG and 1.50% for DLLL.

Which has better risk-adjusted returns?

DLLL currently has the higher Sharpe Ratio (6.65 vs -0.24), 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.