PLYY vs. BUYW
PLYY (GraniteShares YieldBoost PLTR ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. PLYY charges 1.07%/yr vs 1.29%/yr for BUYW.
Performance
PLYY vs. BUYW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLYY achieves a -29.16% return, which is significantly lower than BUYW's 3.75% return.
PLYY
- 1D
- -0.56%
- 1M
- -8.02%
- YTD
- -29.16%
- 6M
- -35.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BUYW
- 1D
- 0.35%
- 1M
- 0.35%
- YTD
- 3.75%
- 6M
- 4.11%
- 1Y
- 9.91%
- 3Y*
- 8.68%
- 5Y*
- —
- 10Y*
- —
PLYY vs. BUYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLYY GraniteShares YieldBoost PLTR ETF | -29.16% | -3.83% |
BUYW Main Buywrite ETF | 3.75% | 2.89% |
Correlation
The correlation between PLYY and BUYW is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025 | 0.34 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLYY vs. BUYW — Risk / Return Rank
PLYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BUYW
PLYY vs. BUYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost PLTR ETF (PLYY) and Main Buywrite ETF (BUYW). 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.
| PLYY | BUYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.84 | — |
| Martin ratioReturn relative to average drawdown | — | 20.54 | — |
Loading charts...
Drawdowns
PLYY vs. BUYW - Drawdown Comparison
The maximum PLYY drawdown since its inception was -38.49%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for PLYY and BUYW.
Loading charts...
Drawdown Indicators
| PLYY | BUYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.49% | -9.36% | -29.13% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.36% | — |
Current DrawdownCurrent decline from peak | -38.49% | 0.00% | -38.49% |
Average DrawdownAverage peak-to-trough decline | -19.20% | -0.60% | -18.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.48% | — |
Volatility
PLYY vs. BUYW - Volatility Comparison
Loading charts...
Volatility by Period
| PLYY | BUYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.21% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.07% | 4.84% | +24.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 8.43% | +20.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 8.43% | +20.64% |
PLYY vs. BUYW - Expense Ratio Comparison
PLYY has a 1.07% expense ratio, which is lower than BUYW's 1.29% expense ratio.
Dividends
PLYY vs. BUYW - Dividend Comparison
PLYY's dividend yield for the trailing twelve months is around 126.49%, more than BUYW's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 5.89% | 5.89% | 5.93% | 5.95% | 0.50% |
PLYY GraniteShares YieldBoost PLTR ETF | 126.49% | 32.14% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLYY and BUYW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PLYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PLYY is cheaper with a 1.07% expense ratio, compared with 1.29% for BUYW.
PLYY has the higher dividend yield at 126.49%, compared with 5.89% for BUYW.
They also come from different issuers: GraniteShares and Main Funds. Their fees differ too: 1.07% for PLYY and 1.29% for BUYW.
Find the right allocation for PLYY and BUYW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer