PLTY vs. PTIR

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and GraniteShares 2x Long PLTR Daily ETF (PTIR).

PLTY and PTIR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. PTIR is an actively managed fund by GraniteShares. It was launched on Sep 3, 2024.

Performance

PLTY vs. PTIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax PLTR Option Income Strategy ETF (PLTY) and GraniteShares 2x Long PLTR Daily ETF (PTIR). The values are adjusted to include any dividend payments, if applicable.

PLTY vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PLTY YieldMax PLTR Option Income Strategy ETF	-13.43%	78.06%	49.98%
PTIR GraniteShares 2x Long PLTR Daily ETF	-38.76%	221.36%	195.78%

Returns By Period

In the year-to-date period, PLTY achieves a -13.43% return, which is significantly higher than PTIR's -38.76% return.

PLTY

• 1D: 5.38%
• 1M: 6.96%
• YTD: -13.43%
• 6M: -15.39%
• 1Y: 46.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTIR

• 1D: 12.66%
• 1M: 10.24%
• YTD: -38.76%
• 6M: -46.96%
• 1Y: 94.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTY vs. PTIR - Expense Ratio Comparison

PLTY has a 0.99% expense ratio, which is lower than PTIR's 1.15% expense ratio.

PTIR

GraniteShares 2x Long PLTR Daily ETF

PLTY

YieldMax PLTR Option Income Strategy ETF

Return for Risk

PLTY vs. PTIR — Risk / Return Rank

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

PLTY

PLTY Risk / Return Rank: 55
PLTY Sharpe Ratio Rank: 61
PLTY Sortino Ratio Rank: 61
PLTY Omega Ratio Rank: 58
PLTY Calmar Ratio Rank: 56
PLTY Martin Ratio Rank: 38

PTIR

PTIR Risk / Return Rank: 54
PTIR Sharpe Ratio Rank: 48
PTIR Sortino Ratio Rank: 70
PTIR Omega Ratio Rank: 64
PTIR Calmar Ratio Rank: 56
PTIR Martin Ratio Rank: 34

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.

PLTY vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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.

	PLTY	PTIR	Difference
Sharpe ratio Return per unit of total volatility	1.01	0.82	+0.18
Sortino ratio Return per unit of downside risk	1.47	1.71	-0.24
Omega ratio Gain probability vs. loss probability	1.20	1.23	-0.02
Calmar ratio Return relative to maximum drawdown	1.28	1.33	-0.04
Martin ratio Return relative to average drawdown	3.21	2.91	+0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTY vs. PTIR - Sharpe Ratio Comparison

The current PLTY Sharpe Ratio is 1.01, which is comparable to the PTIR Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of PLTY and PTIR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLTY	PTIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.82	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	2.65	-1.21

Correlation

The correlation between PLTY and PTIR is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PLTY vs. PTIR - Dividend Comparison

PLTY's dividend yield for the trailing twelve months is around 120.04%, more than PTIR's 9.49% yield.

	TTM	2025	2024
PLTY YieldMax PLTR Option Income Strategy ETF	120.04%	112.44%	7.85%
PTIR GraniteShares 2x Long PLTR Daily ETF	9.49%	5.81%	0.00%

Drawdowns

PLTY vs. PTIR - Drawdown Comparison

The maximum PLTY drawdown since its inception was -36.61%, smaller than the maximum PTIR drawdown of -69.10%. Use the drawdown chart below to compare losses from any high point for PLTY and PTIR.

Drawdown Indicators

	PLTY	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-36.61%	-69.10%	+32.49%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	-66.10%	+31.69%
Current Drawdown Current decline from peak	-24.92%	-57.79%	+32.87%
Average Drawdown Average peak-to-trough decline	-11.08%	-23.58%	+12.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.72%	30.14%	-16.42%

Volatility

PLTY vs. PTIR - Volatility Comparison

The current volatility for YieldMax PLTR Option Income Strategy ETF (PLTY) is 11.97%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 29.23%. This indicates that PLTY experiences smaller price fluctuations and is considered to be less risky than PTIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTY	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	29.23%	-17.26%
Volatility (6M) Calculated over the trailing 6-month period	32.39%	76.19%	-43.80%
Volatility (1Y) Calculated over the trailing 1-year period	46.37%	115.15%	-68.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.61%	131.12%	-77.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.61%	131.12%	-77.51%