PTIR vs. COTG

Last updated Jun 5, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.04, they often move in opposite directions. PTIR charges 1.15%/yr vs 0.75%/yr for COTG.

Performance

PTIR vs. COTG - Performance Comparison

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

Returns By Period

In the year-to-date period, PTIR achieves a -46.69% return, which is significantly lower than COTG's 20.04% return.

PTIR

• 1D: -0.90%
• 1M: 4.86%
• YTD: -46.69%
• 6M: -47.81%
• 1Y: -18.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COTG

• 1D: 2.32%
• 1M: -9.84%
• YTD: 20.04%
• 6M: 10.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. COTG - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-46.69%	-8.37%
COTG Leverage Shares 2X Long COST Daily ETF	20.04%	-21.71%

Correlation

The correlation between PTIR and COTG is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025	-0.04

Return for Risk

PTIR vs. COTG — Risk / Return Rank

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

PTIR

PTIR Risk / Return Rank: 9
PTIR Sharpe Ratio Rank: 7
PTIR Sortino Ratio Rank: 12
PTIR Omega Ratio Rank: 13
PTIR Calmar Ratio Rank: 7
PTIR Martin Ratio Rank: 7

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. COTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Leverage Shares 2X Long COST Daily ETF (COTG). 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	COTG	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	—	—
Sortino ratio: Return per unit of downside risk	0.45	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	-0.27	—	—
Martin ratio: Return relative to average drawdown	-0.46	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PTIR	COTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.96	-0.21	+2.17

Drawdowns

PTIR vs. COTG - Drawdown Comparison

The maximum PTIR drawdown since its inception was -69.10%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for PTIR and COTG.

Drawdown Indicators

	PTIR	COTG	Difference
Max Drawdown Largest peak-to-trough decline	-69.10%	-25.69%	-43.41%
Max Drawdown (1Y) Largest decline over 1 year	-68.11%	—	—
Current Drawdown Current decline from peak	-63.26%	-21.71%	-41.55%
Average Drawdown Average peak-to-trough decline	-27.55%	-8.42%	-19.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.74%	—	—

Volatility

Volatility by Period

	PTIR	COTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	103.09%	40.63%	+62.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	129.44%	40.63%	+88.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	129.44%	40.63%	+88.81%

PTIR vs. COTG - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than COTG's 0.75% expense ratio.

Dividends

PTIR vs. COTG - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 10.90%, while COTG has not paid dividends to shareholders.

Position	TTM	2025
COTG Leverage Shares 2X Long COST Daily ETF	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	10.90%	5.81%

Frequently Asked Questions

Can I hold both PTIR and COTG in my portfolio?

PTIR and COTG have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PTIR or COTG?

On fees, COTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PTIR or COTG?

COTG is cheaper with a 0.75% expense ratio, compared with 1.15% for PTIR.

Which ETF pays a higher dividend yield, PTIR or COTG?

PTIR has the higher dividend yield at 10.90%, compared with 0.00% for COTG.

What is the main difference between PTIR and COTG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.15% for PTIR and 0.75% for COTG.