PLTW vs. PLT

Last updated Jun 4, 2026

PLTW (PLTR WeeklyPay™ ETF) and PLT (Defiance Leveraged Long + Income PLTR ETF) are both Derivative Income funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. PLTW charges 0.99%/yr vs 1.51%/yr for PLT.

Performance

PLTW vs. PLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PLTR WeeklyPay™ ETF (PLTW) and Defiance Leveraged Long + Income PLTR ETF (PLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTW achieves a -26.21% return, which is significantly lower than PLT's -11.99% return.

PLTW

• 1D: -7.81%
• 1M: -4.39%
• YTD: -26.21%
• 6M: -26.03%
• 1Y: -0.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLT

• 1D: 0.00%
• 1M: 0.00%
• YTD: -11.99%
• 6M: -11.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTW vs. PLT - Yearly Performance Comparison

	2026 (YTD)	2025
PLTW PLTR WeeklyPay™ ETF	-26.21%	11.92%
PLT Defiance Leveraged Long + Income PLTR ETF	-11.99%	13.15%

Correlation

The correlation between PLTW and PLT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.64

Return for Risk

PLTW vs. PLT — Risk / Return Rank

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

PLTW

PLTW Risk / Return Rank: 9
PLTW Sharpe Ratio Rank: 8
PLTW Sortino Ratio Rank: 11
PLTW Omega Ratio Rank: 11
PLTW Calmar Ratio Rank: 8
PLTW Martin Ratio Rank: 8

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.

PLTW vs. PLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PLTR WeeklyPay™ ETF (PLTW) and Defiance Leveraged Long + Income PLTR ETF (PLT). 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.

	PLTW	PLT	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	—	—
Sortino ratio: Return per unit of downside risk	0.41	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	-0.02	—	—
Martin ratio: Return relative to average drawdown	-0.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLTW	PLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	-0.01	+0.20

Drawdowns

PLTW vs. PLT - Drawdown Comparison

The maximum PLTW drawdown since its inception was -46.29%, which is greater than PLT's maximum drawdown of -43.74%. Use the drawdown chart below to compare losses from any high point for PLTW and PLT.

Drawdown Indicators

	PLTW	PLT	Difference
Max Drawdown Largest peak-to-trough decline	-46.29%	-43.74%	-2.55%
Max Drawdown (1Y) Largest decline over 1 year	-46.29%	—	—
Current Drawdown Current decline from peak	-39.64%	-38.06%	-1.58%
Average Drawdown Average peak-to-trough decline	-19.57%	-25.60%	+6.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.21%	—	—

Volatility

Volatility by Period

	PLTW	PLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.73%	60.67%	+1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.85%	60.67%	+12.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.85%	60.67%	+12.18%

PLTW vs. PLT - Expense Ratio Comparison

PLTW has a 0.99% expense ratio, which is lower than PLT's 1.51% expense ratio.

Dividends

PLTW vs. PLT - Dividend Comparison

PLTW's dividend yield for the trailing twelve months is around 121.30%, more than PLT's 38.02% yield.

Position	TTM	2025
PLT Defiance Leveraged Long + Income PLTR ETF	38.02%	29.28%
PLTW PLTR WeeklyPay™ ETF	121.30%	72.40%

Frequently Asked Questions

Can I hold both PLTW and PLT in my portfolio?

PLTW and PLT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLTW or PLT?

On fees, PLTW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLTW or PLT?

PLTW is cheaper with a 0.99% expense ratio, compared with 1.51% for PLT.

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

PLTW has the higher dividend yield at 121.30%, compared with 38.02% for PLT.

What is the main difference between PLTW and PLT?

They also come from different issuers: Roundhill and Defiance. Their fees differ too: 0.99% for PLTW and 1.51% for PLT.