PTIR vs. BAR

Last updated Apr 1, 2026

Compare and contrast key facts about GraniteShares 2x Long PLTR Daily ETF (PTIR) and GraniteShares Gold Trust (BAR).

PTIR and BAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTIR is an actively managed fund by GraniteShares. It was launched on Sep 3, 2024. BAR is a passively managed fund by GraniteShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Aug 31, 2017.

Performance

PTIR vs. BAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and GraniteShares Gold Trust (BAR). The values are adjusted to include any dividend payments, if applicable.

PTIR vs. BAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-38.76%	221.36%	425.36%
BAR GraniteShares Gold Trust	8.57%	64.12%	5.12%

Returns By Period

In the year-to-date period, PTIR achieves a -38.76% return, which is significantly lower than BAR's 8.57% return.

PTIR

• 1D: 12.66%
• 1M: 10.24%
• YTD: -38.76%
• 6M: -46.96%
• 1Y: 94.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAR

• 1D: 3.76%
• 1M: -11.05%
• YTD: 8.57%
• 6M: 21.20%
• 1Y: 49.58%
• 3Y*: 33.22%
• 5Y*: 21.84%
• 10Y*: —

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

PTIR vs. BAR - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than BAR's 0.17% expense ratio.

PTIR

GraniteShares 2x Long PLTR Daily ETF

BAR

GraniteShares Gold Trust

Return for Risk

PTIR vs. BAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTIR

PTIR Risk / Return Rank: 54
PTIR Sharpe Ratio Rank: 48
PTIR Sortino Ratio Rank: 70
PTIR Omega Ratio Rank: 64
PTIR Calmar Ratio Rank: 56
PTIR Martin Ratio Rank: 34

BAR

BAR Risk / Return Rank: 87
BAR Sharpe Ratio Rank: 88
BAR Sortino Ratio Rank: 86
BAR Omega Ratio Rank: 86
BAR Calmar Ratio Rank: 88
BAR Martin Ratio Rank: 87

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.

PTIR vs. BAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and GraniteShares Gold Trust (BAR). 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.

	PTIR	BAR	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.80	-0.98
Sortino ratio Return per unit of downside risk	1.71	2.24	-0.53
Omega ratio Gain probability vs. loss probability	1.23	1.33	-0.11
Calmar ratio Return relative to maximum drawdown	1.33	2.70	-1.37
Martin ratio Return relative to average drawdown	2.91	9.99	-7.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTIR vs. BAR - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is 0.82, which is lower than the BAR Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of PTIR and BAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PTIR	BAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.80	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.65	0.97	+1.68

Correlation

The correlation between PTIR and BAR is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

PTIR vs. BAR - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 9.49%, while BAR has not paid dividends to shareholders.

	TTM	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	9.49%	5.81%
BAR GraniteShares Gold Trust	0.00%	0.00%

Drawdowns

PTIR vs. BAR - Drawdown Comparison

The maximum PTIR drawdown since its inception was -69.10%, which is greater than BAR's maximum drawdown of -21.53%. Use the drawdown chart below to compare losses from any high point for PTIR and BAR.

Drawdown Indicators

	PTIR	BAR	Difference
Max Drawdown Largest peak-to-trough decline	-69.10%	-21.53%	-47.57%
Max Drawdown (1Y) Largest decline over 1 year	-66.10%	-19.19%	-46.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.91%	—
Current Drawdown Current decline from peak	-57.79%	-13.22%	-44.57%
Average Drawdown Average peak-to-trough decline	-23.58%	-6.29%	-17.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.14%	5.19%	+24.95%

Volatility

PTIR vs. BAR - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 29.23% compared to GraniteShares Gold Trust (BAR) at 11.01%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than BAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	BAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.23%	11.01%	+18.22%
Volatility (6M) Calculated over the trailing 6-month period	76.19%	24.13%	+52.06%
Volatility (1Y) Calculated over the trailing 1-year period	115.15%	27.63%	+87.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	131.12%	17.65%	+113.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	131.12%	16.30%	+114.82%