PLTU vs. PLTW

Last updated Jun 3, 2026

PLTU (Direxion Daily PLTR Bull 2X Shares) and PLTW (PLTR WeeklyPay™ ETF) are both exchange-traded funds - PLTU is a Leveraged Equities fund actively managed by Direxion, while PLTW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, PLTU returned -8.24% vs 8.66% for PLTW. With a 0.99 correlation, they move nearly in lockstep. PLTU charges 0.97%/yr vs 0.99%/yr for PLTW.

Performance

PLTU vs. PLTW - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTU achieves a -38.73% return, which is significantly lower than PLTW's -19.95% return.

PLTU

• 1D: -10.57%
• 1M: 7.62%
• YTD: -38.73%
• 6M: -34.09%
• 1Y: -8.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTW

• 1D: -6.41%
• 1M: 6.00%
• YTD: -19.95%
• 6M: -16.70%
• 1Y: 8.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. PLTW - Yearly Performance Comparison

	2026 (YTD)	2025
PLTU Direxion Daily PLTR Bull 2X Shares	-38.73%	64.33%
PLTW PLTR WeeklyPay™ ETF	-19.95%	59.45%

Correlation

The correlation between PLTU and PLTW is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	0.99

The correlation between PLTU and PLTW has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

PLTU vs. PLTW - Sectors Allocation Comparison

Sectors	PLTU	PLTW
Technology	100.0%	20.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PLTU vs. PLTW — Risk / Return Rank

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

PLTU

PLTU Risk / Return Rank: 10
PLTU Sharpe Ratio Rank: 8
PLTU Sortino Ratio Rank: 14
PLTU Omega Ratio Rank: 14
PLTU Calmar Ratio Rank: 8
PLTU Martin Ratio Rank: 7

PLTW

PLTW Risk / Return Rank: 12
PLTW Sharpe Ratio Rank: 11
PLTW Sortino Ratio Rank: 14
PLTW Omega Ratio Rank: 14
PLTW Calmar Ratio Rank: 11
PLTW Martin Ratio Rank: 10

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. PLTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) and PLTR WeeklyPay™ ETF (PLTW). 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	PLTW	Difference
Sharpe ratio Return per unit of total volatility	-0.08	0.14	-0.22
Sortino ratio Return per unit of downside risk	0.60	0.61	-0.01
Omega ratio Gain probability vs. loss probability	1.08	1.08	0.00
Calmar ratio Return relative to maximum drawdown	-0.12	0.20	-0.31
Martin ratio Return relative to average drawdown	-0.20	0.36	-0.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTU vs. PLTW - Sharpe Ratio Comparison

The current PLTU Sharpe Ratio is -0.08, which is lower than the PLTW Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of PLTU and PLTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLTU	PLTW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	0.14	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.29	+0.24

Drawdowns

PLTU vs. PLTW - Drawdown Comparison

The maximum PLTU drawdown since its inception was -69.14%, which is greater than PLTW's maximum drawdown of -46.29%. Use the drawdown chart below to compare losses from any high point for PLTU and PLTW.

Drawdown Indicators

	PLTU	PLTW	Difference
Max Drawdown Largest peak-to-trough decline	-69.14%	-46.29%	-22.85%
Max Drawdown (1Y) Largest decline over 1 year	-68.10%	-46.29%	-21.81%
Current Drawdown Current decline from peak	-57.40%	-34.53%	-22.87%
Average Drawdown Average peak-to-trough decline	-31.81%	-19.50%	-12.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.25%	25.08%	+14.17%

Volatility

PLTU vs. PLTW - Volatility Comparison

Direxion Daily PLTR Bull 2X Shares (PLTU) has a higher volatility of 33.93% compared to PLTR WeeklyPay™ ETF (PLTW) at 20.80%. This indicates that PLTU's price experiences larger fluctuations and is considered to be riskier than PLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTU	PLTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.93%	20.80%	+13.13%
Volatility (6M) Calculated over the trailing 6-month period	76.15%	45.56%	+30.59%
Volatility (1Y) Calculated over the trailing 1-year period	102.23%	61.22%	+41.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.92%	72.61%	+54.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.92%	72.61%	+54.31%

PLTU vs. PLTW - Expense Ratio Comparison

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

Dividends

PLTU vs. PLTW - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 38.81%, less than PLTW's 111.82% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	38.81%	23.29%	0.12%
PLTW PLTR WeeklyPay™ ETF	111.82%	72.40%	0.00%

Frequently Asked Questions

Can I hold both PLTU and PLTW in my portfolio?

With a correlation of 0.99, PLTU and PLTW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PLTU or PLTW?

PLTU has higher volatility (33.93%) compared to PLTW (20.80%). In terms of maximum drawdown, PLTU dropped -69.14% vs PLTW's -46.29%.

Which ETF is better, PLTU or PLTW?

On 1-year performance, PLTW leads with 8.66% vs -8.24% for PLTU. On fees, PLTU is cheaper at 0.97% per year. On volatility, PLTW has been the lower-risk option at 20.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTU or PLTW?

Over the 1-year period, PLTW has performed better with a 8.66% return vs -8.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTU or PLTW?

PLTU is cheaper with a 0.97% expense ratio, compared with 0.99% for PLTW.

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

PLTW has the higher dividend yield at 111.82%, compared with 38.81% for PLTU.

What is the main difference between PLTU and PLTW?

PLTU is categorized as Leveraged Equities, while PLTW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 0.97% for PLTU and 0.99% for PLTW.

Which has better risk-adjusted returns?

PLTW currently has the higher Sharpe Ratio (0.14 vs -0.08), 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.