PLTZ vs. MSTZ
PLTZ (Defiance Daily Target 2X Short PLTR ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both Inverse Equities funds. Both are actively managed. Over the past year, PLTZ returned -35.88% vs 138.79% for MSTZ. At a 0.42 correlation, their price movements are largely independent. PLTZ charges 1.29%/yr vs 1.05%/yr for MSTZ.
Performance
PLTZ vs. MSTZ - Performance Comparison
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Returns By Period
In the year-to-date period, PLTZ achieves a 48.68% return, which is significantly higher than MSTZ's -28.57% return.
PLTZ
- 1D
- 4.41%
- 1M
- 22.41%
- YTD
- 48.68%
- 6M
- 76.10%
- 1Y
- -35.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTZ
- 1D
- 10.06%
- 1M
- 102.15%
- YTD
- -28.57%
- 6M
- -23.10%
- 1Y
- 138.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTZ vs. MSTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLTZ Defiance Daily Target 2X Short PLTR ETF | 48.68% | -67.07% |
MSTZ T-REX 2X Inverse MSTR Daily Target ETF | -28.57% | 233.01% |
Correlation
The correlation between PLTZ and MSTZ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025 | 0.42 |
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Return for Risk
PLTZ vs. MSTZ — Risk / Return Rank
PLTZ
MSTZ
PLTZ vs. MSTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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 | MSTZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.25 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 1.64 | -2.18 |
| Martin ratioReturn relative to average drawdown | -0.70 | 3.27 | -3.98 |
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Drawdowns
PLTZ vs. MSTZ - Drawdown Comparison
The maximum PLTZ drawdown since its inception was -72.51%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for PLTZ and MSTZ.
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Drawdown Indicators
| PLTZ | MSTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.51% | -99.38% | +26.87% |
Max Drawdown (1Y)Largest decline over 1 year | -67.51% | -84.89% | +17.38% |
Current DrawdownCurrent decline from peak | -51.04% | -97.57% | +46.53% |
Average DrawdownAverage peak-to-trough decline | -55.64% | -94.45% | +38.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.01% | 42.87% | +8.14% |
Volatility
PLTZ vs. MSTZ - Volatility Comparison
The current volatility for Defiance Daily Target 2X Short PLTR ETF (PLTZ) is 39.87%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 42.31%. This indicates that PLTZ experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTZ | MSTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.87% | 42.31% | -2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 76.47% | 127.64% | -51.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.92% | 143.71% | -40.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.96% | 169.81% | -67.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 101.96% | 169.81% | -67.85% |
PLTZ vs. MSTZ - Expense Ratio Comparison
PLTZ has a 1.29% expense ratio, which is higher than MSTZ's 1.05% expense ratio.
Dividends
PLTZ vs. MSTZ - Dividend Comparison
Neither PLTZ nor MSTZ has paid dividends to shareholders.
Frequently Asked Questions
PLTZ and MSTZ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTZ has higher volatility (42.31%) compared to PLTZ (39.87%). In terms of maximum drawdown, PLTZ dropped -72.51% vs MSTZ's -99.38%.
On 1-year performance, MSTZ leads with 138.79% vs -35.88% for PLTZ. On fees, MSTZ is cheaper at 1.05% per year. On volatility, PLTZ has been the lower-risk option at 39.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MSTZ has performed better with a 138.79% return vs -35.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MSTZ is cheaper with a 1.05% expense ratio, compared with 1.29% for PLTZ.
PLTZ and MSTZ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and REX. Their fees differ too: 1.29% for PLTZ and 1.05% for MSTZ.
MSTZ currently has the higher Sharpe Ratio (0.97 vs -0.35), 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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