PLTM vs. PTIR

Last updated Jun 25, 2026

PLTM (GraniteShares Platinum Trust) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both exchange-traded funds - PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while PTIR is a Leveraged Equities fund actively managed by GraniteShares. PLTM is passively managed, while PTIR is actively managed. Over the past year, PLTM returned 18.60% vs -56.69% for PTIR. At a 0.13 correlation, their price movements are largely independent. PLTM charges 0.50%/yr vs 1.15%/yr for PTIR.

Performance

PLTM vs. PTIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Platinum Trust (PLTM) and GraniteShares 2x Long PLTR Daily ETF (PTIR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTM achieves a -23.72% return, which is significantly higher than PTIR's -66.48% return.

PLTM

• 1D: -5.11%
• 1M: -18.52%
• YTD: -23.72%
• 6M: -30.39%
• 1Y: 18.60%
• 3Y*: 18.92%
• 5Y*: 6.61%
• 10Y*: —

PTIR

• 1D: -5.58%
• 1M: -34.31%
• YTD: -66.48%
• 6M: -72.00%
• 1Y: -56.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTM vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTM GraniteShares Platinum Trust	-23.72%	124.46%	-0.04%
PTIR GraniteShares 2x Long PLTR Daily ETF	-66.48%	221.36%	425.36%

Correlation

The correlation between PLTM and PTIR is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	0.13

Return for Risk

PLTM vs. PTIR — Risk / Return Rank

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

PLTM

PLTM Risk / Return Rank: 15
PLTM Sharpe Ratio Rank: 14
PLTM Sortino Ratio Rank: 16
PLTM Omega Ratio Rank: 17
PLTM Calmar Ratio Rank: 14
PLTM Martin Ratio Rank: 14

PTIR

PTIR Risk / Return Rank: 4
PTIR Sharpe Ratio Rank: 5
PTIR Sortino Ratio Rank: 6
PTIR Omega Ratio Rank: 6
PTIR Calmar Ratio Rank: 3
PTIR Martin Ratio Rank: 2

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.

PLTM vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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.

	PLTM	PTIR	Difference
Sharpe ratio: Return per unit of total volatility	0.36	-0.55	+0.92
Sortino ratio: Return per unit of downside risk	0.80	-0.39	+1.19
Omega ratio: Gain probability vs. loss probability	1.11	0.95	+0.16
Calmar ratio: Return relative to maximum drawdown	0.43	-0.74	+1.17
Martin ratio: Return relative to average drawdown	1.00	-1.33	+2.33

PLTM vs. PTIR - Sharpe Ratio Comparison

The current PLTM Sharpe Ratio is 0.36, which is higher than the PTIR Sharpe Ratio of -0.55. The chart below compares the historical Sharpe Ratios of PLTM and PTIR, 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

PLTM vs. PTIR - Drawdown Comparison

The maximum PLTM drawdown since its inception was -43.65%, smaller than the maximum PTIR drawdown of -76.90%. Use the drawdown chart below to compare losses from any high point for PLTM and PTIR.

Drawdown Indicators

	PLTM	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-43.65%	-76.90%	+33.25%
Max Drawdown (1Y) Largest decline over 1 year	-43.65%	-76.90%	+33.25%
Max Drawdown (3Y) Largest decline over 3 years	-43.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.65%	—	—
Current Drawdown Current decline from peak	-43.65%	-76.90%	+33.25%
Average Drawdown Average peak-to-trough decline	-18.67%	-28.71%	+10.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.57%	42.79%	-24.22%

Volatility

PLTM vs. PTIR - Volatility Comparison

The current volatility for GraniteShares Platinum Trust (PLTM) is 12.28%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 38.12%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than PTIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTM	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.28%	38.12%	-25.84%
Volatility (6M) Calculated over the trailing 6-month period	46.22%	77.38%	-31.16%
Volatility (1Y) Calculated over the trailing 1-year period	51.58%	102.75%	-51.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.07%	128.74%	-95.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.14%	128.74%	-97.60%

PLTM vs. PTIR - Expense Ratio Comparison

PLTM has a 0.50% expense ratio, which is lower than PTIR's 1.15% expense ratio.

Dividends

PLTM vs. PTIR - Dividend Comparison

PLTM has not paid dividends to shareholders, while PTIR's dividend yield for the trailing twelve months is around 17.34%.

Position	TTM	2025
PLTM GraniteShares Platinum Trust	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	17.34%	5.81%

Frequently Asked Questions

Can I hold both PLTM and PTIR in my portfolio?

PLTM and PTIR have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTM or PTIR?

PTIR has higher volatility (38.12%) compared to PLTM (12.28%). In terms of maximum drawdown, PLTM dropped -43.65% vs PTIR's -76.90%.

Which ETF is better, PLTM or PTIR?

On 1-year performance, PLTM leads with 18.60% vs -56.69% for PTIR. On fees, PLTM is cheaper at 0.50% per year. On volatility, PLTM has been the lower-risk option at 12.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTM or PTIR?

Over the 1-year period, PLTM has performed better with a 18.60% return vs -56.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTM or PTIR?

PLTM is cheaper with a 0.50% expense ratio, compared with 1.15% for PTIR.

Which ETF pays a higher dividend yield, PLTM or PTIR?

PTIR has the higher dividend yield at 17.34%, compared with 0.00% for PLTM.

What is the main difference between PLTM and PTIR?

PLTM is categorized as Precious Metals, while PTIR is Leveraged Equities. Their fees differ too: 0.50% for PLTM and 1.15% for PTIR.

Which has better risk-adjusted returns?

PLTM currently has the higher Sharpe Ratio (0.36 vs -0.55), 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.