PLTW vs. THTA

Last updated Jun 24, 2026

PLTW (PLTR WeeklyPay™ ETF) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. Both are actively managed. Over the past year, PLTW returned -26.59% vs 16.54% for THTA. At a 0.26 correlation, their price movements are largely independent. PLTW charges 0.99%/yr vs 0.49%/yr for THTA.

Performance

PLTW vs. THTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PLTR WeeklyPay™ ETF (PLTW) and SoFi Enhanced Yield ETF (THTA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTW achieves a -42.11% return, which is significantly lower than THTA's 7.57% return.

PLTW

• 1D: -3.23%
• 1M: -18.15%
• YTD: -42.11%
• 6M: -48.01%
• 1Y: -26.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

THTA

• 1D: -0.06%
• 1M: 0.77%
• YTD: 7.57%
• 6M: 8.24%
• 1Y: 16.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTW vs. THTA - Yearly Performance Comparison

	2026 (YTD)	2025
PLTW PLTR WeeklyPay™ ETF	-42.11%	28.26%
THTA SoFi Enhanced Yield ETF	7.57%	-11.64%

Correlation

The correlation between PLTW and THTA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.26

Return for Risk

PLTW vs. THTA — Risk / Return Rank

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

PLTW

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

THTA

THTA Risk / Return Rank: 94
THTA Sharpe Ratio Rank: 90
THTA Sortino Ratio Rank: 93
THTA Omega Ratio Rank: 96
THTA Calmar Ratio Rank: 93
THTA Martin Ratio Rank: 98

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. THTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PLTR WeeklyPay™ ETF (PLTW) and SoFi Enhanced Yield ETF (THTA). 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	THTA	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	2.90	-3.34
Sortino ratio: Return per unit of downside risk	-0.26	4.29	-4.55
Omega ratio: Gain probability vs. loss probability	0.97	1.77	-0.80
Calmar ratio: Return relative to maximum drawdown	-0.51	6.30	-6.81
Martin ratio: Return relative to average drawdown	-0.98	52.38	-53.36

PLTW vs. THTA - Sharpe Ratio Comparison

The current PLTW Sharpe Ratio is -0.43, which is lower than the THTA Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of PLTW and THTA, 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. THTA - Drawdown Comparison

The maximum PLTW drawdown since its inception was -52.65%, which is greater than THTA's maximum drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for PLTW and THTA.

Drawdown Indicators

	PLTW	THTA	Difference
Max Drawdown Largest peak-to-trough decline	-52.65%	-31.41%	-21.24%
Max Drawdown (1Y) Largest decline over 1 year	-52.65%	-2.64%	-50.01%
Current Drawdown Current decline from peak	-52.65%	-6.17%	-46.48%
Average Drawdown Average peak-to-trough decline	-23.35%	-7.49%	-15.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.25%	0.32%	+26.93%

Volatility

PLTW vs. THTA - Volatility Comparison

PLTR WeeklyPay™ ETF (PLTW) has a higher volatility of 23.13% compared to SoFi Enhanced Yield ETF (THTA) at 0.96%. This indicates that PLTW's price experiences larger fluctuations and is considered to be riskier than THTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTW	THTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.13%	0.96%	+22.17%
Volatility (6M) Calculated over the trailing 6-month period	46.72%	4.07%	+42.65%
Volatility (1Y) Calculated over the trailing 1-year period	61.56%	5.72%	+55.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.29%	20.04%	+54.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.29%	20.04%	+54.25%

PLTW vs. THTA - Expense Ratio Comparison

PLTW has a 0.99% expense ratio, which is higher than THTA's 0.49% expense ratio.

Dividends

PLTW vs. THTA - Dividend Comparison

PLTW's dividend yield for the trailing twelve months is around 151.83%, more than THTA's 11.15% yield.

Position	TTM	2025	2024	2023
PLTW PLTR WeeklyPay™ ETF	151.83%	72.40%	0.00%	0.00%
THTA SoFi Enhanced Yield ETF	11.15%	12.66%	12.44%	0.58%

Frequently Asked Questions

Can I hold both PLTW and THTA in my portfolio?

PLTW and THTA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTW or THTA?

PLTW has higher volatility (23.13%) compared to THTA (0.96%). In terms of maximum drawdown, PLTW dropped -52.65% vs THTA's -31.41%.

Which ETF is better, PLTW or THTA?

On 1-year performance, THTA leads with 16.54% vs -26.59% for PLTW. On fees, THTA is cheaper at 0.49% per year. On volatility, THTA has been the lower-risk option at 0.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTW or THTA?

Over the 1-year period, THTA has performed better with a 16.54% return vs -26.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTW or THTA?

THTA is cheaper with a 0.49% expense ratio, compared with 0.99% for PLTW.

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

PLTW has the higher dividend yield at 151.83%, compared with 11.15% for THTA.

What is the main difference between PLTW and THTA?

They also come from different issuers: Roundhill and SoFi. Their fees differ too: 0.99% for PLTW and 0.49% for THTA.

Which has better risk-adjusted returns?

THTA currently has the higher Sharpe Ratio (2.90 vs -0.43), 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.