PTIR vs. BBDC
PTIR (GraniteShares 2x Long PLTR Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while BBDC (Barings BDC, Inc.) is a stock. Over the past year, PTIR returned -52.03% vs 2.79% for BBDC. At a 0.26 correlation, their price movements are largely independent.
Performance
PTIR vs. BBDC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PTIR achieves a -64.50% return, which is significantly lower than BBDC's -5.76% return.
PTIR
- 1D
- -4.81%
- 1M
- -30.43%
- YTD
- -64.50%
- 6M
- -70.36%
- 1Y
- -52.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBDC
- 1D
- 0.62%
- 1M
- -1.42%
- YTD
- -5.76%
- 6M
- -1.69%
- 1Y
- 2.79%
- 3Y*
- 14.85%
- 5Y*
- 6.01%
- 10Y*
- —
PTIR vs. BBDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PTIR GraniteShares 2x Long PLTR Daily ETF | -64.50% | 221.36% | 425.36% |
BBDC Barings BDC, Inc. | -5.76% | 8.84% | -0.00% |
Correlation
The correlation between PTIR and BBDC is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024 | 0.26 |
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
PTIR vs. BBDC — Risk / Return Rank
PTIR
BBDC
PTIR vs. BBDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Barings BDC, Inc. (BBDC). 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.
| PTIR | BBDC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.04 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 0.23 | -0.92 |
| Martin ratioReturn relative to average drawdown | -1.22 | 0.49 | -1.71 |
Loading charts...
Drawdowns
PTIR vs. BBDC - Drawdown Comparison
The maximum PTIR drawdown since its inception was -75.53%, which is greater than BBDC's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for PTIR and BBDC.
Loading charts...
Drawdown Indicators
| PTIR | BBDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.53% | -48.45% | -27.08% |
Max Drawdown (1Y)Largest decline over 1 year | -75.53% | -12.28% | -63.25% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.51% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.55% | — |
Current DrawdownCurrent decline from peak | -75.53% | -9.21% | -66.32% |
Average DrawdownAverage peak-to-trough decline | -28.60% | -7.98% | -20.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.52% | 5.72% | +36.80% |
Volatility
PTIR vs. BBDC - Volatility Comparison
GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 37.93% compared to Barings BDC, Inc. (BBDC) at 6.61%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than BBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PTIR | BBDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.93% | 6.61% | +31.32% |
Volatility (6M)Calculated over the trailing 6-month period | 77.76% | 15.46% | +62.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.66% | 18.88% | +83.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.79% | 19.45% | +109.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 128.79% | 24.21% | +104.58% |
Dividends
PTIR vs. BBDC - Dividend Comparison
PTIR's dividend yield for the trailing twelve months is around 16.37%, more than BBDC's 13.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBDC Barings BDC, Inc. | 13.39% | 12.96% | 10.87% | 11.89% | 11.66% | 7.44% | 7.07% | 5.25% | 21.24% |
PTIR GraniteShares 2x Long PLTR Daily ETF | 16.37% | 5.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PTIR and BBDC have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTIR has higher volatility (37.93%) compared to BBDC (6.61%). In terms of maximum drawdown, PTIR dropped -75.53% vs BBDC's -48.45%.
BBDC currently has the higher Sharpe Ratio (0.15 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PTIR and BBDC
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