PLTY vs. HDV
PLTY (YieldMax PLTR Option Income Strategy ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - PLTY is a Derivative Income fund actively managed by YieldMax, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. PLTY is actively managed, while HDV is passively managed. Over the past year, PLTY returned -8.96% vs 23.14% for HDV. At a correlation of -0.06, they often move in opposite directions. PLTY charges 0.99%/yr vs 0.08%/yr for HDV.
Performance
PLTY vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTY achieves a -17.59% return, which is significantly lower than HDV's 18.49% return.
PLTY
- 1D
- 0.32%
- 1M
- 0.75%
- 6M
- -17.50%
- YTD
- -17.59%
- 1Y
- -8.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDV
- 1D
- 2.57%
- 1M
- 3.57%
- 6M
- 13.53%
- YTD
- 18.49%
- 1Y
- 23.14%
- 3Y*
- 16.44%
- 5Y*
- 11.92%
- 10Y*
- 9.28%
PLTY vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | -17.59% | 78.06% | 52.50% |
HDV iShares Core High Dividend ETF | 18.49% | 11.90% | -3.81% |
Correlation
The correlation between PLTY and HDV is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2024 | -0.06 |
The correlation between PLTY and HDV shifts across timeframes, from -0.16 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLTY vs. HDV — Risk / Return Rank
PLTY
HDV
PLTY vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and iShares Core High Dividend ETF (HDV). 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.
| PLTY | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.38 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.38 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 4.49 | -4.71 |
| Martin ratioReturn relative to average drawdown | -0.43 | 12.27 | -12.70 |
Loading charts...
Drawdowns
PLTY vs. HDV - Drawdown Comparison
The maximum PLTY drawdown since its inception was -41.36%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for PLTY and HDV.
Loading charts...
Drawdown Indicators
| PLTY | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.36% | -37.04% | -4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -41.36% | -5.18% | -36.18% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -28.52% | 0.00% | -28.52% |
Average DrawdownAverage peak-to-trough decline | -13.97% | -3.07% | -10.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.71% | 1.89% | +18.82% |
Volatility
PLTY vs. HDV - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) has a higher volatility of 13.36% compared to iShares Core High Dividend ETF (HDV) at 5.12%. This indicates that PLTY's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTY | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.36% | 5.12% | +8.24% |
Volatility (6M)Calculated over the trailing 6-month period | 33.51% | 8.63% | +24.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.15% | 10.72% | +32.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.34% | 12.95% | +39.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.34% | 15.77% | +36.57% |
PLTY vs. HDV - Expense Ratio Comparison
PLTY has a 0.99% expense ratio, which is higher than HDV's 0.08% expense ratio.
Dividends
PLTY vs. HDV - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 118.79%, more than HDV's 3.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.11% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
PLTY YieldMax PLTR Option Income Strategy ETF | 118.79% | 112.44% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTY and HDV 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.
PLTY has higher volatility (13.36%) compared to HDV (5.12%). In terms of maximum drawdown, PLTY dropped -41.36% vs HDV's -37.04%.
On 1-year performance, HDV leads with 23.14% vs -8.96% for PLTY. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 5.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, HDV has performed better with a 23.14% return vs -8.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HDV is cheaper with a 0.08% expense ratio, compared with 0.99% for PLTY.
PLTY has the higher dividend yield at 118.79%, compared with 3.11% for HDV.
PLTY is categorized as Derivative Income, while HDV is Dividend. They also come from different issuers: YieldMax and iShares. Their fees differ too: 0.99% for PLTY and 0.08% for HDV.
HDV currently has the higher Sharpe Ratio (2.17 vs -0.21), 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.
Find the right allocation for PLTY and HDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer