PLTU vs. PTIR

Last updated Jun 23, 2026

PLTU (Direxion Daily PLTR Bull 2X Shares) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, PLTU returned -47.93% vs -47.83% for PTIR. With a 1.00 correlation, they move nearly in lockstep. PLTU charges 0.97%/yr vs 1.15%/yr for PTIR.

Performance

PLTU vs. PTIR - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with PLTU having a -63.06% return and PTIR slightly higher at -62.70%.

PLTU

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

PTIR

• 1D: -13.98%
• 1M: -26.91%
• YTD: -62.70%
• 6M: -68.83%
• 1Y: -47.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	-63.06%	223.17%	14.77%
PTIR GraniteShares 2x Long PLTR Daily ETF	-62.70%	221.36%	11.57%

Correlation

The correlation between PLTU and PTIR is 1.00 - 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	1.00
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	1.00

The correlation between PLTU and PTIR has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

PLTU vs. PTIR - Sectors Allocation Comparison

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

Return for Risk

PLTU vs. PTIR — 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

PTIR

PTIR Risk / Return Rank: 5
PTIR Sharpe Ratio Rank: 5
PTIR Sortino Ratio Rank: 6
PTIR Omega Ratio Rank: 6
PTIR Calmar Ratio Rank: 4
PTIR Martin Ratio Rank: 3

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. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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	PTIR	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	-0.47	0.00
Sortino ratio: Return per unit of downside risk	-0.15	-0.15	0.00
Omega ratio: Gain probability vs. loss probability	0.98	0.98	0.00
Calmar ratio: Return relative to maximum drawdown	-0.65	-0.65	0.00
Martin ratio: Return relative to average drawdown	-1.14	-1.13	0.00

PLTU vs. PTIR - Sharpe Ratio Comparison

The current PLTU Sharpe Ratio is -0.47, which is comparable to the PTIR Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of PLTU and PTIR, 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. PTIR - Drawdown Comparison

The maximum PLTU drawdown since its inception was -74.31%, roughly equal to the maximum PTIR drawdown of -74.29%. Use the drawdown chart below to compare losses from any high point for PLTU and PTIR.

Drawdown Indicators

	PLTU	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-74.31%	-74.29%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-74.31%	-74.29%	-0.02%
Current Drawdown Current decline from peak	-74.31%	-74.29%	-0.02%
Average Drawdown Average peak-to-trough decline	-32.96%	-28.49%	-4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.16%	42.25%	-0.09%

Volatility

PLTU vs. PTIR - Volatility Comparison

Direxion Daily PLTR Bull 2X Shares (PLTU) and GraniteShares 2x Long PLTR Daily ETF (PTIR) have volatilities of 37.84% and 37.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTU	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.84%	37.83%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	78.30%	78.25%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	102.79%	102.76%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.55%	128.87%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.55%	128.87%	-2.32%

PLTU vs. PTIR - Expense Ratio Comparison

PLTU has a 0.97% expense ratio, which is lower than PTIR's 1.15% expense ratio.

Dividends

PLTU vs. PTIR - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 64.37%, more than PTIR's 15.58% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	64.37%	23.29%	0.12%
PTIR GraniteShares 2x Long PLTR Daily ETF	15.58%	5.81%	0.00%

Frequently Asked Questions

Can I hold both PLTU and PTIR in my portfolio?

With a correlation of 1.00, PLTU and PTIR 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 PTIR?

PLTU has higher volatility (37.84%) compared to PTIR (37.83%). In terms of maximum drawdown, PLTU dropped -74.31% vs PTIR's -74.29%.

Which ETF is better, PLTU or PTIR?

On 1-year performance, PTIR leads with -47.83% vs -47.93% for PLTU. On fees, PLTU is cheaper at 0.97% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTU or PTIR?

Over the 1-year period, PTIR has performed better with a -47.83% 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 PTIR?

PLTU is cheaper with a 0.97% expense ratio, compared with 1.15% for PTIR.

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

PLTU has the higher dividend yield at 64.37%, compared with 15.58% for PTIR.

What is the main difference between PLTU and PTIR?

They also come from different issuers: Direxion and GraniteShares. Their fees differ too: 0.97% for PLTU and 1.15% for PTIR.

Which has better risk-adjusted returns?

PTIR currently has the higher Sharpe Ratio (-0.47 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.