PLYY vs. PEPS

Last updated Aug 4, 2026

PLYY (GraniteShares YieldBoost PLTR ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. Their 0.39 correlation means their historical movements had little consistent relationship. PLYY charges 1.07%/yr vs 0.10%/yr for PEPS.

Performance

PLYY vs. PEPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost PLTR ETF (PLYY) and Parametric Equity Plus ETF (PEPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLYY achieves a -28.21% return, which is significantly lower than PEPS's 11.42% return.

PLYY

• 1D: 0.66%
• 1M: 0.24%
• 6M: -20.20%
• YTD: -28.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PEPS

• 1D: 0.80%
• 1M: 1.61%
• 6M: 8.66%
• YTD: 11.42%
• 1Y: 25.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.46%

*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)
PEPS Parametric Equity Plus ETF	$4.87K	$5.83K	$15.17K
PLYY GraniteShares YieldBoost PLTR ETF	$52.81K	$54.69K	$65.16K

PLYY vs. PEPS - Yearly Performance Comparison

	2026 (YTD)	2025
PLYY GraniteShares YieldBoost PLTR ETF	-28.21%	-3.83%
PEPS Parametric Equity Plus ETF	11.42%	3.76%

Correlation

The correlation between PLYY and PEPS is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	0.39

Return for Risk

PLYY vs. PEPS — Risk / Return Rank

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

PLYY

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

PEPS

PEPS Risk / Return Rank: 76
PEPS Sharpe Ratio Rank: 76
PEPS Sortino Ratio Rank: 73
PEPS Omega Ratio Rank: 75
PEPS Calmar Ratio Rank: 72
PEPS Martin Ratio Rank: 82

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.

PLYY vs. PEPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost PLTR ETF (PLYY) and Parametric Equity Plus ETF (PEPS). 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	PEPS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.84	—
Sortino ratio: Return per unit of downside risk	—	2.46	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.64	—
Martin ratio: Return relative to average drawdown	—	11.54	—

Drawdowns

PLYY vs. PEPS - Drawdown Comparison

The maximum PLYY drawdown since its inception was -39.49%, which is greater than PEPS's maximum drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for PLYY and PEPS.

Drawdown Indicators

	PLYY	PEPS	Difference
Max Drawdown Largest peak-to-trough decline	-39.49%	-21.26%	-18.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.80%	—
Current Drawdown Current decline from peak	-37.66%	0.00%	-37.66%
Average Drawdown Average peak-to-trough decline	-21.62%	-2.66%	-18.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.24%	—

Volatility

Volatility by Period

	PLYY	PEPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.68%	14.13%	+13.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.68%	18.09%	+9.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.68%	18.09%	+9.59%

PLYY vs. PEPS - Expense Ratio Comparison

PLYY has a 1.07% expense ratio, which is higher than PEPS's 0.10% expense ratio.

Dividends

PLYY vs. PEPS - Dividend Comparison

PLYY's dividend yield for the trailing twelve months is around 139.63%, more than PEPS's 0.92% yield.

Position	TTM	2025	2024
PEPS Parametric Equity Plus ETF	0.92%	1.00%	0.17%
PLYY GraniteShares YieldBoost PLTR ETF	139.63%	32.14%	0.00%

Frequently Asked Questions

Can I hold both PLYY and PEPS in my portfolio?

PLYY and PEPS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLYY or PEPS?

On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLYY or PEPS?

PEPS is cheaper with a 0.10% expense ratio, compared with 1.07% for PLYY.

Which ETF pays a higher dividend yield, PLYY or PEPS?

PLYY has the higher dividend yield at 139.63%, compared with 0.92% for PEPS.

What is the main difference between PLYY and PEPS?

They also come from different issuers: GraniteShares and Parametric. Their fees differ too: 1.07% for PLYY and 0.10% for PEPS.