PLTG vs. PLTU

Last updated Jun 23, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and PLTU (Direxion Daily PLTR Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. Over the past year, PLTG returned -50.52% vs -47.93% for PLTU. With a 1.00 correlation, they move nearly in lockstep. PLTG charges 0.75%/yr vs 0.97%/yr for PLTU.

Performance

PLTG vs. PLTU - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with PLTG having a -63.47% return and PLTU slightly higher at -63.06%.

PLTG

• 1D: -14.03%
• 1M: -27.19%
• YTD: -63.47%
• 6M: -69.73%
• 1Y: -50.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTU

• 1D: -13.93%
• 1M: -26.90%
• YTD: -63.06%
• 6M: -69.13%
• 1Y: -47.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTG vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-63.47%	100.70%
PLTU Direxion Daily PLTR Bull 2X Shares	-63.06%	112.31%

Correlation

The correlation between PLTG and PLTU is 1.00 - 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	1.00
Correlation (All Time) Calculated using the full available price history since Apr 25, 2025	1.00

The correlation between PLTG and PLTU has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

PLTG vs. PLTU — Risk / Return Rank

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

PLTG

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

PLTU

PLTU Risk / Return Rank: 5
PLTU Sharpe Ratio Rank: 5
PLTU Sortino Ratio Rank: 6
PLTU Omega Ratio Rank: 6
PLTU Calmar Ratio Rank: 3
PLTU 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.

PLTG vs. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Direxion Daily PLTR Bull 2X Shares (PLTU). 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	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	-0.47	-0.02
Sortino ratio: Return per unit of downside risk	-0.22	-0.15	-0.06
Omega ratio: Gain probability vs. loss probability	0.97	0.98	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.67	-0.65	-0.03
Martin ratio: Return relative to average drawdown	-1.18	-1.14	-0.04

PLTG vs. PLTU - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.49, which is comparable to the PLTU Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of PLTG and PLTU, 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. PLTU - Drawdown Comparison

The maximum PLTG drawdown since its inception was -75.18%, roughly equal to the maximum PLTU drawdown of -74.31%. Use the drawdown chart below to compare losses from any high point for PLTG and PLTU.

Drawdown Indicators

	PLTG	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-75.18%	-74.31%	-0.87%
Max Drawdown (1Y) Largest decline over 1 year	-75.18%	-74.31%	-0.87%
Current Drawdown Current decline from peak	-75.18%	-74.31%	-0.87%
Average Drawdown Average peak-to-trough decline	-31.87%	-32.96%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.89%	42.16%	+0.73%

Volatility

PLTG vs. PLTU - Volatility Comparison

Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Direxion Daily PLTR Bull 2X Shares (PLTU) have volatilities of 37.95% and 37.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.95%	37.84%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	79.00%	78.30%	+0.70%
Volatility (1Y) Calculated over the trailing 1-year period	102.87%	102.79%	+0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.90%	126.55%	-20.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.90%	126.55%	-20.65%

PLTG vs. PLTU - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than PLTU's 0.97% expense ratio.

Dividends

PLTG vs. PLTU - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 49.65%, less than PLTU's 64.37% yield.

Position	TTM	2025	2024
PLTG Leverage Shares 2X Long PLTR Daily ETF	49.65%	18.14%	0.00%
PLTU Direxion Daily PLTR Bull 2X Shares	64.37%	23.29%	0.12%

Frequently Asked Questions

Can I hold both PLTG and PLTU in my portfolio?

With a correlation of 1.00, PLTG and PLTU 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 is riskier, PLTG or PLTU?

PLTG has higher volatility (37.95%) compared to PLTU (37.84%). In terms of maximum drawdown, PLTG dropped -75.18% vs PLTU's -74.31%.

Which ETF is better, PLTG or PLTU?

On 1-year performance, PLTU leads with -47.93% vs -50.52% for PLTG. On fees, PLTG is cheaper at 0.75% per year. On volatility, PLTU has been the lower-risk option at 37.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or PLTU?

Over the 1-year period, PLTU has performed better with a -47.93% return vs -50.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or PLTU?

PLTG is cheaper with a 0.75% expense ratio, compared with 0.97% for PLTU.

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

PLTU has the higher dividend yield at 64.37%, compared with 49.65% for PLTG.

What is the main difference between PLTG and PLTU?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for PLTG and 0.97% for PLTU.

Which has better risk-adjusted returns?

PLTU currently has the higher Sharpe Ratio (-0.47 vs -0.49), 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.