PLTU vs. KLAG

Last updated Jul 16, 2026

PLTU (Direxion Daily PLTR Bull 2X ETF) and KLAG (Leverage Shares 2X Long KLAC Daily ETF) are both Leveraged Equities funds. PLTU is actively managed, while KLAG is passively managed. At a correlation of -0.04, they often move in opposite directions. PLTU charges 0.86%/yr vs 0.75%/yr for KLAG.

Performance

PLTU vs. KLAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily PLTR Bull 2X ETF (PLTU) and Leverage Shares 2X Long KLAC Daily ETF (KLAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTU achieves a -54.93% return, which is significantly lower than KLAG's 146.81% return.

PLTU

• 1D: 0.03%
• 1M: -4.64%
• 6M: -54.76%
• YTD: -54.93%
• 1Y: -44.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLAG

• 1D: -5.21%
• 1M: -30.64%
• 6M: 80.56%
• YTD: 146.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. KLAG - Yearly Performance Comparison

	2026 (YTD)	2025
PLTU Direxion Daily PLTR Bull 2X ETF	-54.93%	-0.60%
KLAG Leverage Shares 2X Long KLAC Daily ETF	146.81%	-0.75%

Correlation

The correlation between PLTU and KLAG is -0.04, 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 (All Time) Calculated using the full available price history since Dec 18, 2025	-0.04

Return for Risk

PLTU vs. KLAG — Risk / Return Rank

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

PLTU

PLTU Risk / Return Rank: 6
PLTU Sharpe Ratio Rank: 6
PLTU Sortino Ratio Rank: 8
PLTU Omega Ratio Rank: 8
PLTU Calmar Ratio Rank: 5
PLTU Martin Ratio Rank: 5

KLAG

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

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. KLAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X ETF (PLTU) and Leverage Shares 2X Long KLAC Daily ETF (KLAG). 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	KLAG	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	—	—
Sortino ratio: Return per unit of downside risk	-0.06	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.56	—	—
Martin ratio: Return relative to average drawdown	-0.96	—	—

Drawdowns

PLTU vs. KLAG - Drawdown Comparison

The maximum PLTU drawdown since its inception was -79.43%, which is greater than KLAG's maximum drawdown of -51.10%. Use the drawdown chart below to compare losses from any high point for PLTU and KLAG.

Drawdown Indicators

	PLTU	KLAG	Difference
Max Drawdown Largest peak-to-trough decline	-79.43%	-51.10%	-28.33%
Max Drawdown (1Y) Largest decline over 1 year	-79.43%	—	—
Current Drawdown Current decline from peak	-68.66%	-47.66%	-21.00%
Average Drawdown Average peak-to-trough decline	-34.56%	-16.34%	-18.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.89%	—	—

Volatility

Volatility by Period

	PLTU	KLAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	79.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	102.59%	136.46%	-33.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	125.74%	136.46%	-10.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.74%	136.46%	-10.72%

PLTU vs. KLAG - Expense Ratio Comparison

PLTU has a 0.86% expense ratio, which is higher than KLAG's 0.75% expense ratio.

Dividends

PLTU vs. KLAG - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 52.89%, while KLAG has not paid dividends to shareholders.

Position	TTM	2025	2024
KLAG Leverage Shares 2X Long KLAC Daily ETF	0.00%	0.00%	0.00%
PLTU Direxion Daily PLTR Bull 2X ETF	52.89%	23.29%	0.12%

Frequently Asked Questions

Can I hold both PLTU and KLAG in my portfolio?

PLTU and KLAG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLTU or KLAG?

On fees, KLAG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLTU or KLAG?

KLAG is cheaper with a 0.75% expense ratio, compared with 0.86% for PLTU.

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

PLTU has the higher dividend yield at 52.89%, compared with 0.00% for KLAG.

What is the main difference between PLTU and KLAG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.86% for PLTU and 0.75% for KLAG.