PLTU vs. IBTI
PLTU (Direxion Daily PLTR Bull 2X ETF) and IBTI (iShares iBonds Dec 2028 Term Treasury ETF) are both exchange-traded funds - PLTU is a Leveraged Equities fund actively managed by Direxion, while IBTI is a Government Bonds fund tracking the ICE 2028 Maturity US Treasury Index. PLTU is actively managed, while IBTI is passively managed. Over the past year, PLTU returned -45.63% vs 2.69% for IBTI. Their -0.13 correlation means they have often moved in opposite directions in the past. PLTU charges 0.86%/yr vs 0.07%/yr for IBTI.
Performance
PLTU vs. IBTI - Performance Comparison
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Returns By Period
In the year-to-date period, PLTU achieves a -41.29% return, which is significantly lower than IBTI's 0.80% return.
PLTU
- 1D
- -5.09%
- 1M
- 31.95%
- 6M
- 0.05%
- YTD
- -41.29%
- 1Y
- -45.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 60.34%
IBTI
- 1D
- -0.02%
- 1M
- 0.20%
- 6M
- 0.67%
- YTD
- 0.80%
- 1Y
- 2.69%
- 3Y*
- 4.13%
- 5Y*
- 0.01%
- 10Y*
- —
- ALL TIME*
- 0.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.16M | $9.65M | $9.25M | |
| $128.32M | $105.18M | $113.60M |
PLTU vs. IBTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTU Direxion Daily PLTR Bull 2X ETF | -41.29% | 223.17% | 14.77% |
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 0.80% | 6.15% | -0.33% |
Correlation
The correlation between PLTU and IBTI is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024 | -0.13 |
The correlation between PLTU and IBTI shifts across timeframes, from -0.13 (all time) to -0.01 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLTU vs. IBTI — Risk / Return Rank
PLTU
IBTI
PLTU vs. IBTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X ETF (PLTU) and iShares iBonds Dec 2028 Term Treasury ETF (IBTI). 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 | IBTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.33 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 2.46 | -3.04 |
| Martin ratioReturn relative to average drawdown | -0.93 | 7.76 | -8.70 |
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Drawdowns
PLTU vs. IBTI - Drawdown Comparison
The maximum PLTU drawdown since its inception was -79.43%, which is greater than IBTI's maximum drawdown of -18.45%. Use the drawdown chart below to compare losses from any high point for PLTU and IBTI.
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Drawdown Indicators
| PLTU | IBTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.43% | -18.45% | -60.98% |
Max Drawdown (1Y)Largest decline over 1 year | -79.43% | -1.10% | -78.33% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.72% | — |
Current DrawdownCurrent decline from peak | -59.18% | -3.44% | -55.74% |
Average DrawdownAverage peak-to-trough decline | -35.85% | -8.13% | -27.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.98% | 0.35% | +48.63% |
Volatility
PLTU vs. IBTI - Volatility Comparison
Direxion Daily PLTR Bull 2X ETF (PLTU) has a higher volatility of 53.82% compared to iShares iBonds Dec 2028 Term Treasury ETF (IBTI) at 0.37%. This indicates that PLTU's price experiences larger fluctuations and is considered to be riskier than IBTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTU | IBTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.82% | 0.37% | +53.45% |
Volatility (6M)Calculated over the trailing 6-month period | 92.81% | 1.15% | +91.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 119.30% | 1.52% | +117.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 132.75% | 4.96% | +127.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 132.75% | 5.11% | +127.64% |
PLTU vs. IBTI - Expense Ratio Comparison
PLTU has a 0.86% expense ratio, which is higher than IBTI's 0.07% expense ratio.
Dividends
PLTU vs. IBTI - Dividend Comparison
PLTU's dividend yield for the trailing twelve months is around 40.61%, more than IBTI's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 3.77% | 3.87% | 3.92% | 3.27% | 1.70% | 0.90% | 0.56% |
PLTU Direxion Daily PLTR Bull 2X ETF | 40.61% | 23.29% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTU and IBTI have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTU has higher volatility (53.82%) compared to IBTI (0.37%). In terms of maximum drawdown, PLTU dropped -79.43% vs IBTI's -18.45%.
On 1-year performance, IBTI leads with 2.69% vs -45.63% for PLTU. On fees, IBTI is cheaper at 0.07% per year. On volatility, IBTI has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBTI has performed better with a 2.69% return vs -45.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBTI is cheaper with a 0.07% expense ratio, compared with 0.86% for PLTU.
PLTU has the higher dividend yield at 40.61%, compared with 3.77% for IBTI.
PLTU is categorized as Leveraged Equities, while IBTI is Government Bonds. They also come from different issuers: Direxion and iShares. Their fees differ too: 0.86% for PLTU and 0.07% for IBTI.
IBTI currently has the higher Sharpe Ratio (1.77 vs -0.39), 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.
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