PLTU vs. Q

Last updated Jun 14, 2026

PLTU (Direxion Daily PLTR Bull 2X Shares) is Leveraged Equities fund actively managed by Direxion, while Q (Qnity Electronics, Inc) is a stock. At a 0.21 correlation, their price movements are largely independent.

Performance

PLTU vs. Q - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTU achieves a -57.19% return, which is significantly lower than Q's 84.72% return.

PLTU

• 1D: -4.72%
• 1M: -11.89%
• YTD: -57.19%
• 6M: -60.46%
• 1Y: -39.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

Q

• 1D: 1.03%
• 1M: -4.14%
• YTD: 84.72%
• 6M: 91.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTU vs. Q - Yearly Performance Comparison

	2026 (YTD)	2025
PLTU Direxion Daily PLTR Bull 2X Shares	-57.19%	-25.64%
Q Qnity Electronics, Inc	84.72%	-16.62%

Correlation

The correlation between PLTU and Q is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.21

Return for Risk

PLTU vs. Q — Risk / Return Rank

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

PLTU

PLTU Risk / Return Rank: 7
PLTU Sharpe Ratio Rank: 6
PLTU Sortino Ratio Rank: 9
PLTU Omega Ratio Rank: 9
PLTU Calmar Ratio Rank: 5
PLTU Martin Ratio Rank: 5

Q

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. Q - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily PLTR Bull 2X Shares (PLTU) and Qnity Electronics, Inc (Q). 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	Q	Difference
Sharpe ratio: Return per unit of total volatility	-0.37	—	—
Sortino ratio: Return per unit of downside risk	0.06	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.54	—	—
Martin ratio: Return relative to average drawdown	-0.92	—	—

Drawdowns

PLTU vs. Q - Drawdown Comparison

The maximum PLTU drawdown since its inception was -70.23%, which is greater than Q's maximum drawdown of -27.12%. Use the drawdown chart below to compare losses from any high point for PLTU and Q.

Drawdown Indicators

	PLTU	Q	Difference
Max Drawdown Largest peak-to-trough decline	-70.23%	-27.12%	-43.11%
Max Drawdown (1Y) Largest decline over 1 year	-70.23%	—	—
Current Drawdown Current decline from peak	-70.23%	-10.47%	-59.76%
Average Drawdown Average peak-to-trough decline	-32.47%	-8.90%	-23.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.00%	—	—

Volatility

Volatility by Period

	PLTU	Q	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	101.37%	56.27%	+45.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	126.48%	56.27%	+70.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.48%	56.27%	+70.21%

Dividends

PLTU vs. Q - Dividend Comparison

PLTU's dividend yield for the trailing twelve months is around 55.54%, more than Q's 0.15% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	55.54%	23.29%	0.12%
Q Qnity Electronics, Inc	0.15%	0.07%	0.00%

Frequently Asked Questions

Can I hold both PLTU and Q in my portfolio?

PLTU and Q have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.