PLTZ vs. USOY

Last updated Aug 2, 2026

PLTZ (Defiance Daily Target 2X Short PLTR ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - PLTZ is a Inverse Equities fund actively managed by Defiance, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, PLTZ returned -31.77% vs 41.94% for USOY. Their 0.02 correlation means their historical movements had little consistent relationship. PLTZ charges 1.29%/yr vs 1.22%/yr for USOY.

Performance

PLTZ vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Short PLTR ETF (PLTZ) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTZ achieves a 21.54% return, which is significantly lower than USOY's 51.25% return.

PLTZ

• 1D: -1.50%
• 1M: 4.58%
• 6M: -13.72%
• YTD: 21.54%
• 1Y: -31.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -54.90%

USOY

• 1D: 1.10%
• 1M: 18.05%
• 6M: 38.09%
• YTD: 51.25%
• 1Y: 41.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PLTZ Defiance Daily Target 2X Short PLTR ETF	$11.99M	$15.04M	$15.41M
USOY Defiance Oil Enhanced Options Income ETF	$3.02M	$3.27M	$3.42M

PLTZ vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
PLTZ Defiance Daily Target 2X Short PLTR ETF	21.54%	-67.07%
USOY Defiance Oil Enhanced Options Income ETF	51.25%	-3.01%

Correlation

The correlation between PLTZ and USOY is 0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.00
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.02

Return for Risk

PLTZ vs. USOY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PLTZ

PLTZ Risk / Return Rank: 9
PLTZ Sharpe Ratio Rank: 7
PLTZ Sortino Ratio Rank: 13
PLTZ Omega Ratio Rank: 13
PLTZ Calmar Ratio Rank: 5
PLTZ Martin Ratio Rank: 5

USOY

USOY Risk / Return Rank: 44
USOY Sharpe Ratio Rank: 46
USOY Sortino Ratio Rank: 43
USOY Omega Ratio Rank: 47
USOY Calmar Ratio Rank: 43
USOY Martin Ratio Rank: 41

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PLTZ vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short PLTR ETF (PLTZ) and Defiance Oil Enhanced Options Income ETF (USOY). 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	USOY	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	1.12	-1.39
Sortino ratio: Return per unit of downside risk	0.30	1.59	-1.29
Omega ratio: Gain probability vs. loss probability	1.03	1.22	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.53	1.53	-2.07
Martin ratio: Return relative to average drawdown	-0.84	4.54	-5.37

PLTZ vs. USOY - Sharpe Ratio Comparison

The current PLTZ Sharpe Ratio is -0.27, which is lower than the USOY Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of PLTZ and USOY, 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. USOY - Drawdown Comparison

The maximum PLTZ drawdown since its inception was -72.51%, which is greater than USOY's maximum drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for PLTZ and USOY.

Drawdown Indicators

	PLTZ	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-72.51%	-25.51%	-47.00%
Max Drawdown (1Y) Largest decline over 1 year	-53.15%	-25.51%	-27.64%
Current Drawdown Current decline from peak	-59.97%	-11.50%	-48.47%
Average Drawdown Average peak-to-trough decline	-56.02%	-7.16%	-48.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.87%	8.81%	+25.06%

Volatility

PLTZ vs. USOY - Volatility Comparison

Defiance Daily Target 2X Short PLTR ETF (PLTZ) has a higher volatility of 27.39% compared to Defiance Oil Enhanced Options Income ETF (USOY) at 15.28%. This indicates that PLTZ's price experiences larger fluctuations and is considered to be riskier than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTZ	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.39%	15.28%	+12.11%
Volatility (6M) Calculated over the trailing 6-month period	80.71%	32.32%	+48.39%
Volatility (1Y) Calculated over the trailing 1-year period	104.74%	34.89%	+69.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.47%	28.20%	+74.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.47%	28.20%	+74.27%

PLTZ vs. USOY - Expense Ratio Comparison

PLTZ has a 1.29% expense ratio, which is higher than USOY's 1.22% expense ratio.

Dividends

PLTZ vs. USOY - Dividend Comparison

PLTZ has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 56.58%.

Position	TTM	2025	2024
PLTZ Defiance Daily Target 2X Short PLTR ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	56.58%	104.32%	48.60%

Frequently Asked Questions

Can I hold both PLTZ and USOY in my portfolio?

PLTZ and USOY have a correlation of 0.00, 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 USOY?

PLTZ has higher volatility (27.39%) compared to USOY (15.28%). In terms of maximum drawdown, PLTZ dropped -72.51% vs USOY's -25.51%.

Which ETF is better, PLTZ or USOY?

On 1-year performance, USOY leads with 41.94% vs -31.77% for PLTZ. On fees, USOY is cheaper at 1.22% per year. On volatility, USOY has been the lower-risk option at 15.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTZ or USOY?

Over the 1-year period, USOY has performed better with a 41.94% return vs -31.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTZ or USOY?

USOY is cheaper with a 1.22% expense ratio, compared with 1.29% for PLTZ.

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

USOY has the higher dividend yield at 56.58%, compared with 0.00% for PLTZ.

What is the main difference between PLTZ and USOY?

PLTZ is categorized as Inverse Equities, while USOY is Derivative Income. Their fees differ too: 1.29% for PLTZ and 1.22% for USOY.

Which has better risk-adjusted returns?

USOY currently has the higher Sharpe Ratio (1.12 vs -0.27), 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.