PLYY vs. PLTY

Last updated Jun 24, 2026

PLYY (GraniteShares YieldBoost PLTR ETF) and PLTY (YieldMax PLTR Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. PLYY charges 1.07%/yr vs 0.99%/yr for PLTY.

Performance

PLYY vs. PLTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost PLTR ETF (PLYY) and YieldMax PLTR Option Income Strategy ETF (PLTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLYY achieves a -29.16% return, which is significantly lower than PLTY's -26.92% return.

PLYY

• 1D: -0.56%
• 1M: -8.02%
• YTD: -29.16%
• 6M: -35.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTY

• 1D: -2.42%
• 1M: -12.09%
• YTD: -26.92%
• 6M: -32.83%
• 1Y: -14.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLYY vs. PLTY - Yearly Performance Comparison

	2026 (YTD)	2025
PLYY GraniteShares YieldBoost PLTR ETF	-29.16%	-3.83%
PLTY YieldMax PLTR Option Income Strategy ETF	-26.92%	-0.23%

Correlation

The correlation between PLYY and PLTY is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	0.89

Return for Risk

PLYY vs. PLTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

PLTY

PLTY Risk / Return Rank: 6
PLTY Sharpe Ratio Rank: 6
PLTY Sortino Ratio Rank: 6
PLTY Omega Ratio Rank: 6
PLTY Calmar Ratio Rank: 5
PLTY Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLYY vs. PLTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost PLTR ETF (PLYY) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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	PLTY	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.35	—
Sortino ratio: Return per unit of downside risk	—	-0.21	—
Omega ratio: Gain probability vs. loss probability	—	0.97	—
Calmar ratio: Return relative to maximum drawdown	—	-0.41	—
Martin ratio: Return relative to average drawdown	—	-0.79	—

Drawdowns

PLYY vs. PLTY - Drawdown Comparison

The maximum PLYY drawdown since its inception was -38.49%, which is greater than PLTY's maximum drawdown of -36.62%. Use the drawdown chart below to compare losses from any high point for PLYY and PLTY.

Drawdown Indicators

	PLYY	PLTY	Difference
Max Drawdown Largest peak-to-trough decline	-38.49%	-36.62%	-1.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-36.62%	—
Current Drawdown Current decline from peak	-38.49%	-36.62%	-1.87%
Average Drawdown Average peak-to-trough decline	-19.20%	-13.27%	-5.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.00%	—

Volatility

Volatility by Period

	PLYY	PLTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.07%	43.35%	-14.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.07%	52.67%	-23.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.07%	52.67%	-23.60%

PLYY vs. PLTY - Expense Ratio Comparison

PLYY has a 1.07% expense ratio, which is higher than PLTY's 0.99% expense ratio.

Dividends

PLYY vs. PLTY - Dividend Comparison

PLYY's dividend yield for the trailing twelve months is around 126.49%, which matches PLTY's 125.34% yield.

Position	TTM	2025	2024
PLTY YieldMax PLTR Option Income Strategy ETF	125.34%	112.44%	7.85%
PLYY GraniteShares YieldBoost PLTR ETF	126.49%	32.14%	0.00%

Frequently Asked Questions

Can I hold both PLYY and PLTY in my portfolio?

PLYY and PLTY have a correlation of 0.89, 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 PLTY?

On fees, PLTY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLYY or PLTY?

PLTY is cheaper with a 0.99% expense ratio, compared with 1.07% for PLYY.

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

PLYY has the higher dividend yield at 126.49%, compared with 125.34% for PLTY.

What is the main difference between PLYY and PLTY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for PLYY and 0.99% for PLTY.