PTIR vs. FUTG

Last updated Jun 4, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. PTIR charges 1.15%/yr vs 0.75%/yr for FUTG.

Performance

PTIR vs. FUTG - 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 FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -46.20% return, which is significantly higher than FUTG's -75.53% return.

PTIR

• 1D: -13.01%
• 1M: -8.99%
• YTD: -46.20%
• 6M: -46.23%
• 1Y: -21.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-46.20%	-9.28%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between PTIR and FUTG is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.31

Return for Risk

PTIR vs. FUTG — Risk / Return Rank

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

PTIR

PTIR Risk / Return Rank: 8
PTIR Sharpe Ratio Rank: 6
PTIR Sortino Ratio Rank: 11
PTIR Omega Ratio Rank: 11
PTIR Calmar Ratio Rank: 6
PTIR Martin Ratio Rank: 6

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. FUTG - 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 FUTU Daily ETF (FUTG). 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	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	—	—
Sortino ratio: Return per unit of downside risk	0.40	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	-0.32	—	—
Martin ratio: Return relative to average drawdown	-0.55	—	—
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	FUTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	-0.66	+2.64

Drawdowns

PTIR vs. FUTG - Drawdown Comparison

The maximum PTIR drawdown since its inception was -69.10%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for PTIR and FUTG.

Drawdown Indicators

	PTIR	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-69.10%	-86.19%	+17.09%
Max Drawdown (1Y) Largest decline over 1 year	-68.11%	—	—
Current Drawdown Current decline from peak	-62.92%	-84.29%	+21.37%
Average Drawdown Average peak-to-trough decline	-27.47%	-40.35%	+12.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.55%	—	—

Volatility

Volatility by Period

	PTIR	FUTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	103.10%	136.01%	-32.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	129.58%	136.01%	-6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	129.58%	136.01%	-6.43%

PTIR vs. FUTG - Expense Ratio Comparison

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

Dividends

PTIR vs. FUTG - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 10.80%, while FUTG has not paid dividends to shareholders.

Position	TTM	2025
FUTG Leverage Shares 2X Long FUTU Daily ETF	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	10.80%	5.81%

Frequently Asked Questions

Can I hold both PTIR and FUTG in my portfolio?

PTIR and FUTG have a correlation of 0.31, 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 FUTG?

On fees, FUTG 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 FUTG?

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

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

PTIR has the higher dividend yield at 10.80%, compared with 0.00% for FUTG.

What is the main difference between PTIR and FUTG?

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