PLTY vs. PLTW
PLTY (YieldMax PLTR Option Income Strategy ETF) and PLTW (PLTR WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Over the past year, PLTY returned -16.47% vs -30.37% for PLTW. Their 0.98 correlation means they have historically moved very closely together. Both charge a 0.99% expense ratio.
Performance
PLTY vs. PLTW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTY achieves a -23.00% return, which is significantly higher than PLTW's -38.54% return.
PLTY
- 1D
- 1.10%
- 1M
- -2.83%
- 6M
- -8.14%
- YTD
- -23.00%
- 1Y
- -16.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 50.31%
PLTW
- 1D
- 0.96%
- 1M
- -5.95%
- 6M
- -21.93%
- YTD
- -38.54%
- 1Y
- -30.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -15.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.46M | $2.75M | $3.76M | |
| $4.74M | $3.96M | $6.06M |
PLTY vs. PLTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | -23.00% | 20.48% |
PLTW PLTR WeeklyPay™ ETF | -38.54% | 28.26% |
Correlation
The correlation between PLTY and PLTW is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 0.98 |
The correlation between PLTY and PLTW has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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. PLTW — Risk / Return Rank
PLTY
PLTW
PLTY vs. PLTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and PLTR WeeklyPay™ ETF (PLTW). 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 | PLTW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.95 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.56 | +0.13 |
| Martin ratioReturn relative to average drawdown | -0.83 | -1.02 | +0.19 |
Loading charts...
Drawdowns
PLTY vs. PLTW - Drawdown Comparison
The maximum PLTY drawdown since its inception was -41.36%, smaller than the maximum PLTW drawdown of -57.27%. Use the drawdown chart below to compare losses from any high point for PLTY and PLTW.
Loading charts...
Drawdown Indicators
| PLTY | PLTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.36% | -57.27% | +15.91% |
Max Drawdown (1Y)Largest decline over 1 year | -41.36% | -57.27% | +15.91% |
Current DrawdownCurrent decline from peak | -33.22% | -49.73% | +16.51% |
Average DrawdownAverage peak-to-trough decline | -14.41% | -25.20% | +10.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.78% | 31.48% | -9.70% |
Volatility
PLTY vs. PLTW - Volatility Comparison
The current volatility for YieldMax PLTR Option Income Strategy ETF (PLTY) is 11.37%, while PLTR WeeklyPay™ ETF (PLTW) has a volatility of 15.73%. This indicates that PLTY experiences smaller price fluctuations and is considered to be less risky than PLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTY | PLTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 15.73% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 48.95% | -14.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.02% | 62.54% | -18.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.23% | 73.53% | -21.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.23% | 73.53% | -21.30% |
PLTY vs. PLTW - Expense Ratio Comparison
Both PLTY and PLTW have an expense ratio of 0.99%.
Dividends
PLTY vs. PLTW - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 123.19%, less than PLTW's 138.40% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTW PLTR WeeklyPay™ ETF | 138.40% | 72.40% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 123.19% | 112.44% | 7.85% |
Frequently Asked Questions
With a correlation of 0.99, PLTY and PLTW 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.
PLTW has higher volatility (15.73%) compared to PLTY (11.37%). In terms of maximum drawdown, PLTY dropped -41.36% vs PLTW's -57.27%.
On 1-year performance, PLTY leads with -16.47% vs -30.37% for PLTW. Both ETFs have the same 0.99% expense ratio. On volatility, PLTY has been the lower-risk option at 11.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PLTY has performed better with a -16.47% return vs -30.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTY and PLTW have the same expense ratio: 0.99% per year.
PLTW has the higher dividend yield at 138.40%, compared with 123.19% for PLTY.
They also come from different issuers: YieldMax and Roundhill.
PLTY currently has the higher Sharpe Ratio (-0.41 vs -0.52), 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 PLTW
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