PLTU vs. HOOY

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Daily PLTR Bull 2X Shares (PLTU) and YieldMax HOOD Option Income Strategy ETF (HOOY).

PLTU and HOOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTU is an actively managed fund by Direxion. It was launched on Dec 10, 2024. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025.

Performance

PLTU vs. HOOY - Performance Comparison

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

PLTU vs. HOOY - Yearly Performance Comparison

	2026 (YTD)	2025
PLTU Direxion Daily PLTR Bull 2X Shares	-39.10%	79.99%
HOOY YieldMax HOOD Option Income Strategy ETF	-31.63%	64.95%

Returns By Period

In the year-to-date period, PLTU achieves a -39.10% return, which is significantly lower than HOOY's -31.63% return.

PLTU

• 1D: 12.80%
• 1M: 10.11%
• YTD: -39.10%
• 6M: -46.78%
• 1Y: 94.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOY

• 1D: 5.13%
• 1M: -3.78%
• YTD: -31.63%
• 6M: -45.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. HOOY - Expense Ratio Comparison

PLTU has a 0.97% expense ratio, which is lower than HOOY's 0.99% expense ratio.

HOOY

YieldMax HOOD Option Income Strategy ETF

PLTU

Direxion Daily PLTR Bull 2X Shares

Return for Risk

PLTU vs. HOOY — Risk / Return Rank

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

PLTU

PLTU Risk / Return Rank: 55
PLTU Sharpe Ratio Rank: 49
PLTU Sortino Ratio Rank: 70
PLTU Omega Ratio Rank: 64
PLTU Calmar Ratio Rank: 57
PLTU Martin Ratio Rank: 35

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. HOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) and YieldMax HOOD Option Income Strategy ETF (HOOY). 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.

	PLTU	HOOY	Difference
Sharpe ratio Return per unit of total volatility	0.83	—	—
Sortino ratio Return per unit of downside risk	1.71	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.34	—	—
Martin ratio Return relative to average drawdown	2.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLTU	HOOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.27	+0.33

Correlation

The correlation between PLTU and HOOY is 0.55, 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

PLTU vs. HOOY - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 39.05%, less than HOOY's 161.09% yield.

	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	39.05%	23.29%	0.12%
HOOY YieldMax HOOD Option Income Strategy ETF	161.09%	82.87%	0.00%

Drawdowns

PLTU vs. HOOY - Drawdown Comparison

The maximum PLTU drawdown since its inception was -69.14%, which is greater than HOOY's maximum drawdown of -51.54%. Use the drawdown chart below to compare losses from any high point for PLTU and HOOY.

Drawdown Indicators

	PLTU	HOOY	Difference
Max Drawdown Largest peak-to-trough decline	-69.14%	-51.54%	-17.60%
Max Drawdown (1Y) Largest decline over 1 year	-65.96%	—	—
Current Drawdown Current decline from peak	-57.66%	-49.05%	-8.61%
Average Drawdown Average peak-to-trough decline	-27.79%	-15.76%	-12.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.02%	—	—

Volatility

Volatility by Period

	PLTU	HOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	76.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	115.03%	53.40%	+61.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.93%	53.40%	+75.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.93%	53.40%	+75.53%