PLTU vs. BAMU

Last updated Jun 23, 2026

PLTU (Direxion Daily PLTR Bull 2X Shares) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - PLTU is a Leveraged Equities fund actively managed by Direxion, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, PLTU returned -47.93% vs 2.91% for BAMU. At a 0.03 correlation, their price movements are largely independent. PLTU charges 0.97%/yr vs 1.09%/yr for BAMU.

Performance

PLTU vs. BAMU - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTU achieves a -63.06% return, which is significantly lower than BAMU's 1.18% return.

PLTU

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

BAMU

• 1D: 0.02%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	-63.06%	223.17%	14.77%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	0.25%

Correlation

The correlation between PLTU and BAMU is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	0.03

The correlation between PLTU and BAMU shifts across timeframes, from -0.10 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PLTU vs. BAMU — Risk / Return Rank

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

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

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

PLTU vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	PLTU	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	5.01	-5.48
Sortino ratio: Return per unit of downside risk	-0.15	8.84	-8.99
Omega ratio: Gain probability vs. loss probability	0.98	2.43	-1.45
Calmar ratio: Return relative to maximum drawdown	-0.65	24.72	-25.37
Martin ratio: Return relative to average drawdown	-1.14	97.90	-99.03

PLTU vs. BAMU - Sharpe Ratio Comparison

The current PLTU Sharpe Ratio is -0.47, which is lower than the BAMU Sharpe Ratio of 5.01. The chart below compares the historical Sharpe Ratios of PLTU and BAMU, 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

PLTU vs. BAMU - Drawdown Comparison

The maximum PLTU drawdown since its inception was -74.31%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for PLTU and BAMU.

Drawdown Indicators

	PLTU	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-74.31%	-0.36%	-73.95%
Max Drawdown (1Y) Largest decline over 1 year	-74.31%	-0.12%	-74.19%
Current Drawdown Current decline from peak	-74.31%	0.00%	-74.31%
Average Drawdown Average peak-to-trough decline	-32.96%	-0.02%	-32.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.16%	0.03%	+42.13%

Volatility

PLTU vs. BAMU - Volatility Comparison

Direxion Daily PLTR Bull 2X Shares (PLTU) has a higher volatility of 37.84% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that PLTU's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTU	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.84%	0.09%	+37.75%
Volatility (6M) Calculated over the trailing 6-month period	78.30%	0.40%	+77.90%
Volatility (1Y) Calculated over the trailing 1-year period	102.79%	0.58%	+102.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.55%	0.87%	+125.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.55%	0.87%	+125.68%

PLTU vs. BAMU - Expense Ratio Comparison

PLTU has a 0.97% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

PLTU vs. BAMU - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 64.37%, more than BAMU's 3.05% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%
PLTU Direxion Daily PLTR Bull 2X Shares	64.37%	23.29%	0.12%	0.00%

Frequently Asked Questions

Can I hold both PLTU and BAMU in my portfolio?

PLTU and BAMU have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTU or BAMU?

PLTU has higher volatility (37.84%) compared to BAMU (0.09%). In terms of maximum drawdown, PLTU dropped -74.31% vs BAMU's -0.36%.

Which ETF is better, PLTU or BAMU?

On 1-year performance, BAMU leads with 2.91% vs -47.93% for PLTU. On fees, PLTU is cheaper at 0.97% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTU or BAMU?

Over the 1-year period, BAMU has performed better with a 2.91% return vs -47.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTU or BAMU?

PLTU is cheaper with a 0.97% expense ratio, compared with 1.09% for BAMU.

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

PLTU has the higher dividend yield at 64.37%, compared with 3.05% for BAMU.

What is the main difference between PLTU and BAMU?

PLTU is categorized as Leveraged Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Direxion and Brookstone. Their fees differ too: 0.97% for PLTU and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (5.01 vs -0.47), 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.