PLTW vs. TSLW
PLTW (PLTR WeeklyPay™ ETF) and TSLW (Roundhill TSLA WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, PLTW returned -22.07% vs 7.72% for TSLW. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
PLTW vs. TSLW - Performance Comparison
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Returns By Period
In the year-to-date period, PLTW achieves a -31.53% return, which is significantly lower than TSLW's -23.54% return.
PLTW
- 1D
- 2.24%
- 1M
- 5.40%
- 6M
- -28.11%
- YTD
- -31.53%
- 1Y
- -22.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -8.79%
TSLW
- 1D
- -3.56%
- 1M
- -9.65%
- 6M
- -20.90%
- YTD
- -23.54%
- 1Y
- 7.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.04%
PLTW vs. TSLW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLTW PLTR WeeklyPay™ ETF | -31.53% | 36.30% |
TSLW Roundhill TSLA WeeklyPay™ ETF | -23.54% | 35.28% |
Correlation
The correlation between PLTW and TSLW is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.34 |
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Return for Risk
PLTW vs. TSLW — Risk / Return Rank
PLTW
TSLW
PLTW vs. TSLW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PLTR WeeklyPay™ ETF (PLTW) and Roundhill TSLA WeeklyPay™ ETF (TSLW). 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 | TSLW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.07 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 0.22 | -0.60 |
| Martin ratioReturn relative to average drawdown | -0.73 | 0.45 | -1.18 |
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Drawdowns
PLTW vs. TSLW - Drawdown Comparison
The maximum PLTW drawdown since its inception was -57.27%, which is greater than TSLW's maximum drawdown of -35.80%. Use the drawdown chart below to compare losses from any high point for PLTW and TSLW.
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Drawdown Indicators
| PLTW | TSLW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.27% | -35.80% | -21.47% |
Max Drawdown (1Y)Largest decline over 1 year | -57.27% | -35.80% | -21.47% |
Current DrawdownCurrent decline from peak | -44.00% | -31.09% | -12.91% |
Average DrawdownAverage peak-to-trough decline | -24.60% | -14.09% | -10.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.10% | 17.35% | +12.75% |
Volatility
PLTW vs. TSLW - Volatility Comparison
The current volatility for PLTR WeeklyPay™ ETF (PLTW) is 18.74%, while Roundhill TSLA WeeklyPay™ ETF (TSLW) has a volatility of 20.20%. This indicates that PLTW experiences smaller price fluctuations and is considered to be less risky than TSLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTW | TSLW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.74% | 20.20% | -1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 48.11% | 37.55% | +10.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.79% | 53.50% | +8.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.64% | 56.94% | +16.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.64% | 56.94% | +16.70% |
PLTW vs. TSLW - Expense Ratio Comparison
Both PLTW and TSLW have an expense ratio of 0.99%.
Dividends
PLTW vs. TSLW - Dividend Comparison
PLTW's dividend yield for the trailing twelve months is around 128.07%, more than TSLW's 101.07% yield.
| Position | TTM | 2025 |
|---|---|---|
PLTW PLTR WeeklyPay™ ETF | 128.07% | 72.40% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 101.07% | 49.31% |
Frequently Asked Questions
PLTW and TSLW have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLW has higher volatility (20.20%) compared to PLTW (18.74%). In terms of maximum drawdown, PLTW dropped -57.27% vs TSLW's -35.80%.
On 1-year performance, TSLW leads with 7.72% vs -22.07% for PLTW. Both ETFs have the same 0.99% expense ratio. On volatility, PLTW has been the lower-risk option at 18.74%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TSLW has performed better with a 7.72% return vs -22.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTW and TSLW have the same expense ratio: 0.99% per year.
PLTW has the higher dividend yield at 128.07%, compared with 101.07% for TSLW.
TSLW currently has the higher Sharpe Ratio (0.15 vs -0.36), 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.
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