PTIR vs. LULG

Last updated Jun 26, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and LULG (Leverage Shares 2X Long LULU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. PTIR charges 1.15%/yr vs 0.75%/yr for LULG.

Performance

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

Returns By Period

In the year-to-date period, PTIR achieves a -70.11% return, which is significantly higher than LULG's -75.54% return.

PTIR

• 1D: -10.83%
• 1M: -41.16%
• YTD: -70.11%
• 6M: -75.03%
• 1Y: -61.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LULG

• 1D: -1.81%
• 1M: -25.41%
• YTD: -75.54%
• 6M: -76.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. LULG - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-70.11%	-17.78%
LULG Leverage Shares 2X Long LULU Daily ETF	-75.54%	55.59%

Correlation

The correlation between PTIR and LULG is 0.22, 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 Nov 5, 2025	0.22

Return for Risk

PTIR vs. LULG — Risk / Return Rank

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

PTIR

PTIR Risk / Return Rank: 4
PTIR Sharpe Ratio Rank: 5
PTIR Sortino Ratio Rank: 5
PTIR Omega Ratio Rank: 5
PTIR Calmar Ratio Rank: 3
PTIR Martin Ratio Rank: 2

LULG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. LULG - 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 LULU Daily ETF (LULG). 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	LULG	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	—	—
Sortino ratio: Return per unit of downside risk	-0.52	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.77	—	—
Martin ratio: Return relative to average drawdown	-1.42	—	—

Drawdowns

PTIR vs. LULG - Drawdown Comparison

The maximum PTIR drawdown since its inception was -79.40%, roughly equal to the maximum LULG drawdown of -79.88%. Use the drawdown chart below to compare losses from any high point for PTIR and LULG.

Drawdown Indicators

	PTIR	LULG	Difference
Max Drawdown Largest peak-to-trough decline	-79.40%	-79.88%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	-79.40%	—	—
Current Drawdown Current decline from peak	-79.40%	-77.35%	-2.05%
Average Drawdown Average peak-to-trough decline	-28.82%	-37.21%	+8.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.08%	—	—

Volatility

Volatility by Period

	PTIR	LULG	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	78.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	103.20%	88.29%	+14.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.88%	88.29%	+40.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.88%	88.29%	+40.59%

PTIR vs. LULG - Expense Ratio Comparison

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

Dividends

PTIR vs. LULG - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 19.44%, while LULG has not paid dividends to shareholders.

Position	TTM	2025
LULG Leverage Shares 2X Long LULU Daily ETF	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	19.44%	5.81%

Frequently Asked Questions

Can I hold both PTIR and LULG in my portfolio?

PTIR and LULG 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.

Which ETF is better, PTIR or LULG?

On fees, LULG 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 LULG?

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

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

PTIR has the higher dividend yield at 19.44%, compared with 0.00% for LULG.

What is the main difference between PTIR and LULG?

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