PLTW vs. PLTU

Last updated Jun 23, 2026

PLTW (PLTR WeeklyPay™ ETF) and PLTU (Direxion Daily PLTR Bull 2X Shares) are both exchange-traded funds - PLTW is a Derivative Income fund actively managed by Roundhill, while PLTU is a Leveraged Equities fund actively managed by Direxion. Both are actively managed. Over the past year, PLTW returned -22.36% vs -47.93% for PLTU. With a 0.99 correlation, they move nearly in lockstep. PLTW charges 0.99%/yr vs 0.97%/yr for PLTU.

Performance

PLTW vs. PLTU - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTW achieves a -40.18% return, which is significantly higher than PLTU's -63.06% return.

PLTW

• 1D: -7.91%
• 1M: -15.42%
• YTD: -40.18%
• 6M: -46.07%
• 1Y: -22.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTU

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

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

PLTW vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025
PLTW PLTR WeeklyPay™ ETF	-40.18%	28.26%
PLTU Direxion Daily PLTR Bull 2X Shares	-63.06%	31.42%

Correlation

The correlation between PLTW and PLTU 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 19, 2025	0.99

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

PLTW vs. PLTU - Sectors Allocation Comparison

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

Return for Risk

PLTW vs. PLTU — Risk / Return Rank

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

PLTW

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

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

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. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PLTR WeeklyPay™ ETF (PLTW) and Direxion Daily PLTR Bull 2X Shares (PLTU). 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.

	PLTW	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	-0.36	-0.47	+0.10
Sortino ratio: Return per unit of downside risk	-0.14	-0.15	+0.01
Omega ratio: Gain probability vs. loss probability	0.98	0.98	0.00
Calmar ratio: Return relative to maximum drawdown	-0.44	-0.65	+0.21
Martin ratio: Return relative to average drawdown	-0.83	-1.14	+0.31

PLTW vs. PLTU - Sharpe Ratio Comparison

The current PLTW Sharpe Ratio is -0.36, which is comparable to the PLTU Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of PLTW and PLTU, 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

PLTW vs. PLTU - Drawdown Comparison

The maximum PLTW drawdown since its inception was -51.72%, smaller than the maximum PLTU drawdown of -74.31%. Use the drawdown chart below to compare losses from any high point for PLTW and PLTU.

Drawdown Indicators

	PLTW	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-51.72%	-74.31%	+22.59%
Max Drawdown (1Y) Largest decline over 1 year	-51.07%	-74.31%	+23.24%
Current Drawdown Current decline from peak	-51.07%	-74.31%	+23.24%
Average Drawdown Average peak-to-trough decline	-23.26%	-32.96%	+9.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.04%	42.16%	-15.12%

Volatility

PLTW vs. PLTU - Volatility Comparison

The current volatility for PLTR WeeklyPay™ ETF (PLTW) is 23.03%, while Direxion Daily PLTR Bull 2X Shares (PLTU) has a volatility of 37.84%. This indicates that PLTW experiences smaller price fluctuations and is considered to be less risky than PLTU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTW	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.03%	37.84%	-14.81%
Volatility (6M) Calculated over the trailing 6-month period	46.93%	78.30%	-31.37%
Volatility (1Y) Calculated over the trailing 1-year period	61.60%	102.79%	-41.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.35%	126.55%	-52.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.35%	126.55%	-52.20%

PLTW vs. PLTU - Expense Ratio Comparison

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

Dividends

PLTW vs. PLTU - Dividend Comparison

PLTW's dividend yield for the trailing twelve months is around 150.91%, more than PLTU's 64.37% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	64.37%	23.29%	0.12%
PLTW PLTR WeeklyPay™ ETF	150.91%	72.40%	0.00%

Frequently Asked Questions

Can I hold both PLTW and PLTU in my portfolio?

With a correlation of 0.99, PLTW and PLTU 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, PLTW or PLTU?

PLTU has higher volatility (37.84%) compared to PLTW (23.03%). In terms of maximum drawdown, PLTW dropped -51.72% vs PLTU's -74.31%.

Which ETF is better, PLTW or PLTU?

On 1-year performance, PLTW leads with -22.36% vs -47.93% for PLTU. On fees, PLTU is cheaper at 0.97% per year. On volatility, PLTW has been the lower-risk option at 23.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTW or PLTU?

Over the 1-year period, PLTW has performed better with a -22.36% return vs -47.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTW or PLTU?

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

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

PLTW has the higher dividend yield at 150.91%, compared with 64.37% for PLTU.

What is the main difference between PLTW and PLTU?

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

Which has better risk-adjusted returns?

PLTW currently has the higher Sharpe Ratio (-0.36 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.