PLTG vs. QTAP

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Innovator Growth Accelerated Plus ETF - April (QTAP).

PLTG and QTAP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTG is an actively managed fund by Leverage Shares. It was launched on Apr 25, 2025. QTAP is an actively managed fund by Innovator. It was launched on Apr 1, 2021.

Performance

PLTG vs. QTAP - Performance Comparison

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

PLTG vs. QTAP - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-39.51%	86.53%
QTAP Innovator Growth Accelerated Plus ETF - April	1.26%	18.22%

Returns By Period

In the year-to-date period, PLTG achieves a -39.51% return, which is significantly lower than QTAP's 1.26% return.

PLTG

• 1D: 12.51%
• 1M: 9.40%
• YTD: -39.51%
• 6M: -48.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTAP

• 1D: -0.51%
• 1M: 0.09%
• YTD: 1.26%
• 6M: 3.74%
• 1Y: 19.73%
• 3Y*: 18.89%
• 5Y*: —
• 10Y*: —

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

PLTG vs. QTAP - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than QTAP's 0.79% expense ratio.

QTAP

Innovator Growth Accelerated Plus ETF - April

PLTG

Leverage Shares 2X Long PLTR Daily ETF

Return for Risk

PLTG vs. QTAP — Risk / Return Rank

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

QTAP

QTAP Risk / Return Rank: 80
QTAP Sharpe Ratio Rank: 69
QTAP Sortino Ratio Rank: 76
QTAP Omega Ratio Rank: 95
QTAP Calmar Ratio Rank: 68
QTAP Martin Ratio Rank: 91

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. QTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Innovator Growth Accelerated Plus ETF - April (QTAP). 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.

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

Sharpe Ratios by Period

	PLTG	QTAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.62	-0.49

Correlation

The correlation between PLTG and QTAP is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PLTG vs. QTAP - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 29.99%, while QTAP has not paid dividends to shareholders.

	TTM	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	29.99%	18.14%
QTAP Innovator Growth Accelerated Plus ETF - April	0.00%	0.00%

Drawdowns

PLTG vs. QTAP - Drawdown Comparison

The maximum PLTG drawdown since its inception was -66.84%, which is greater than QTAP's maximum drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for PLTG and QTAP.

Drawdown Indicators

	PLTG	QTAP	Difference
Max Drawdown Largest peak-to-trough decline	-66.84%	-29.44%	-37.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.04%	—
Current Drawdown Current decline from peak	-58.89%	-0.51%	-58.38%
Average Drawdown Average peak-to-trough decline	-24.16%	-5.21%	-18.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	PLTG	QTAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	104.60%	16.31%	+88.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.60%	19.02%	+85.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.60%	19.02%	+85.58%