PLTZ vs. AGIX

Last updated Jul 12, 2026

PLTZ (Defiance Daily Target 2X Short PLTR ETF) and AGIX (KraneShares Artificial Intelligence & Technology ETF) are both exchange-traded funds - PLTZ is a Inverse Equities fund actively managed by Defiance, while AGIX is a Technology Equities fund tracking the Solactive Etna Artificial General Intelligence Index. PLTZ is actively managed, while AGIX is passively managed. Over the past year, PLTZ returned -43.98% vs 48.73% for AGIX. At a correlation of -0.51, they often move in opposite directions. PLTZ charges 1.29%/yr vs 1.00%/yr for AGIX.

Performance

PLTZ vs. AGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Short PLTR ETF (PLTZ) and KraneShares Artificial Intelligence & Technology ETF (AGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTZ achieves a 20.05% return, which is significantly lower than AGIX's 25.17% return.

PLTZ

• 1D: 3.51%
• 1M: -5.67%
• 6M: 21.92%
• YTD: 20.05%
• 1Y: -43.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AGIX

• 1D: -0.55%
• 1M: -0.31%
• 6M: 22.58%
• YTD: 25.17%
• 1Y: 48.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTZ vs. AGIX - Yearly Performance Comparison

	2026 (YTD)	2025
PLTZ Defiance Daily Target 2X Short PLTR ETF	20.05%	-67.07%
AGIX KraneShares Artificial Intelligence & Technology ETF	25.17%	23.00%

Correlation

The correlation between PLTZ and AGIX is -0.52, 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	-0.52
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	-0.51

The correlation between PLTZ and AGIX has been stable across timeframes, ranging from -0.52 to -0.51 - a consistent structural relationship.

Return for Risk

PLTZ vs. AGIX — Risk / Return Rank

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

PLTZ

PLTZ Risk / Return Rank: 6
PLTZ Sharpe Ratio Rank: 6
PLTZ Sortino Ratio Rank: 8
PLTZ Omega Ratio Rank: 7
PLTZ Calmar Ratio Rank: 3
PLTZ Martin Ratio Rank: 4

AGIX

AGIX Risk / Return Rank: 57
AGIX Sharpe Ratio Rank: 64
AGIX Sortino Ratio Rank: 59
AGIX Omega Ratio Rank: 56
AGIX Calmar Ratio Rank: 59
AGIX Martin Ratio Rank: 49

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.

PLTZ vs. AGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) and KraneShares Artificial Intelligence & Technology ETF (AGIX). 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.

	PLTZ	AGIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	1.69	-2.11
Sortino ratio: Return per unit of downside risk	-0.07	2.23	-2.30
Omega ratio: Gain probability vs. loss probability	0.99	1.28	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.72	2.36	-3.07
Martin ratio: Return relative to average drawdown	-1.02	6.50	-7.52

PLTZ vs. AGIX - Sharpe Ratio Comparison

The current PLTZ Sharpe Ratio is -0.43, which is lower than the AGIX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of PLTZ and AGIX, 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

PLTZ vs. AGIX - Drawdown Comparison

The maximum PLTZ drawdown since its inception was -72.51%, which is greater than AGIX's maximum drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for PLTZ and AGIX.

Drawdown Indicators

	PLTZ	AGIX	Difference
Max Drawdown Largest peak-to-trough decline	-72.51%	-31.48%	-41.03%
Max Drawdown (1Y) Largest decline over 1 year	-61.05%	-19.85%	-41.20%
Current Drawdown Current decline from peak	-60.47%	-8.02%	-52.45%
Average Drawdown Average peak-to-trough decline	-55.68%	-5.95%	-49.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.10%	7.18%	+35.92%

Volatility

PLTZ vs. AGIX - Volatility Comparison

Defiance Daily Target 2X Short PLTR ETF (PLTZ) has a higher volatility of 33.35% compared to KraneShares Artificial Intelligence & Technology ETF (AGIX) at 10.67%. This indicates that PLTZ's price experiences larger fluctuations and is considered to be riskier than AGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTZ	AGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.35%	10.67%	+22.68%
Volatility (6M) Calculated over the trailing 6-month period	78.60%	23.09%	+55.51%
Volatility (1Y) Calculated over the trailing 1-year period	103.02%	27.73%	+75.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.59%	29.96%	+72.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.59%	29.96%	+72.63%

PLTZ vs. AGIX - Expense Ratio Comparison

PLTZ has a 1.29% expense ratio, which is higher than AGIX's 1.00% expense ratio.

Dividends

PLTZ vs. AGIX - Dividend Comparison

PLTZ has not paid dividends to shareholders, while AGIX's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025	2024
AGIX KraneShares Artificial Intelligence & Technology ETF	0.96%	1.21%	0.77%
PLTZ Defiance Daily Target 2X Short PLTR ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLTZ and AGIX in my portfolio?

PLTZ and AGIX have a correlation of -0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTZ or AGIX?

PLTZ has higher volatility (33.35%) compared to AGIX (10.67%). In terms of maximum drawdown, PLTZ dropped -72.51% vs AGIX's -31.48%.

Which ETF is better, PLTZ or AGIX?

On 1-year performance, AGIX leads with 48.73% vs -43.98% for PLTZ. On fees, AGIX is cheaper at 1.00% per year. On volatility, AGIX has been the lower-risk option at 10.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTZ or AGIX?

Over the 1-year period, AGIX has performed better with a 48.73% return vs -43.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTZ or AGIX?

AGIX is cheaper with a 1.00% expense ratio, compared with 1.29% for PLTZ.

Which ETF pays a higher dividend yield, PLTZ or AGIX?

AGIX has the higher dividend yield at 0.96%, compared with 0.00% for PLTZ.

What is the main difference between PLTZ and AGIX?

PLTZ is categorized as Inverse Equities, while AGIX is Technology Equities. They also come from different issuers: Defiance and Kraneshares. Their fees differ too: 1.29% for PLTZ and 1.00% for AGIX.

Which has better risk-adjusted returns?

AGIX currently has the higher Sharpe Ratio (1.69 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.