PLUL vs. ISUL

Last updated Jun 4, 2026

PLUL (Leverage Shares 2X Long PLUG Daily ETF) and ISUL (GraniteShares 2X Long ISRG Daily ETF) are both Leveraged Equities funds. PLUL is passively managed, while ISUL is actively managed. At a 0.08 correlation, their price movements are largely independent. PLUL charges 0.75%/yr vs 1.50%/yr for ISUL.

Performance

PLUL vs. ISUL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PLUG Daily ETF (PLUL) and GraniteShares 2X Long ISRG Daily ETF (ISUL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PLUL

• 1D: -19.28%
• 1M: 27.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ISUL

• 1D: 2.45%
• 1M: -20.59%
• YTD: -52.15%
• 6M: -53.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLUL vs. ISUL - Yearly Performance Comparison

	2026 (YTD)
PLUL Leverage Shares 2X Long PLUG Daily ETF	76.52%
ISUL GraniteShares 2X Long ISRG Daily ETF	-51.07%

Correlation

The correlation between PLUL and ISUL is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.08

Return for Risk

PLUL vs. ISUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLUG Daily ETF (PLUL) and GraniteShares 2X Long ISRG Daily ETF (ISUL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PLUL	ISUL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	-0.54	+2.32

Drawdowns

PLUL vs. ISUL - Drawdown Comparison

The maximum PLUL drawdown since its inception was -55.44%, roughly equal to the maximum ISUL drawdown of -57.20%. Use the drawdown chart below to compare losses from any high point for PLUL and ISUL.

Drawdown Indicators

	PLUL	ISUL	Difference
Max Drawdown Largest peak-to-trough decline	-55.44%	-57.20%	+1.76%
Current Drawdown Current decline from peak	-21.67%	-56.15%	+34.48%
Average Drawdown Average peak-to-trough decline	-23.90%	-24.10%	+0.20%

Volatility

Volatility by Period

	PLUL	ISUL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	191.06%	66.65%	+124.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	191.06%	66.65%	+124.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	191.06%	66.65%	+124.41%

PLUL vs. ISUL - Expense Ratio Comparison

PLUL has a 0.75% expense ratio, which is lower than ISUL's 1.50% expense ratio.

Dividends

PLUL vs. ISUL - Dividend Comparison

Neither PLUL nor ISUL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PLUL and ISUL in my portfolio?

PLUL and ISUL have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLUL or ISUL?

On fees, PLUL is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLUL or ISUL?

PLUL is cheaper with a 0.75% expense ratio, compared with 1.50% for ISUL.

Which ETF pays a higher dividend yield, PLUL or ISUL?

PLUL and ISUL have nearly identical dividend yields, around 0.00%.

What is the main difference between PLUL and ISUL?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for PLUL and 1.50% for ISUL.