PTIR vs. LVHD

Last updated Jul 17, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and LVHD (Franklin U.S. Low Volatility High Dividend Index ETF) are both exchange-traded funds - PTIR is a Leveraged Equities fund tracking the Palantir Technologies Inc. (200%), while LVHD is a Dividend fund tracking the Franklin U.S. Low Volatility High Dividend Index. Both are passively managed. Over the past year, PTIR returned -45.06% vs 16.67% for LVHD. At a correlation of -0.01, they often move in opposite directions. PTIR charges 1.04%/yr vs 0.27%/yr for LVHD.

Performance

PTIR vs. LVHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -53.98% return, which is significantly lower than LVHD's 14.62% return.

PTIR

• 1D: 0.99%
• 1M: -1.36%
• 6M: -53.13%
• YTD: -53.98%
• 1Y: -45.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LVHD

• 1D: 2.24%
• 1M: 3.49%
• 6M: 10.72%
• YTD: 14.62%
• 1Y: 16.67%
• 3Y*: 10.97%
• 5Y*: 7.75%
• 10Y*: 8.26%

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

PTIR vs. LVHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-53.98%	221.36%	425.36%
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	14.62%	7.50%	-2.36%

Correlation

The correlation between PTIR and LVHD is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	-0.01

The correlation between PTIR and LVHD shifts across timeframes, from -0.13 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

PTIR vs. LVHD - Sectors Allocation Comparison

Sectors	PTIR	LVHD
Technology	100.0%	3.1%
Basic Materials	-	-
Communication Services	-	2.6%
Consumer Cyclical	-	7.4%
Consumer Defensive	-	21.8%
Energy	-	7.4%
Financial Services	-	8.2%
Healthcare	-	4.4%
Industrials	-	4.9%
Real Estate	-	15.4%
Utilities	-	24.8%

Return for Risk

PTIR vs. LVHD — Risk / Return Rank

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

PTIR

PTIR Risk / Return Rank: 6
PTIR Sharpe Ratio Rank: 6
PTIR Sortino Ratio Rank: 7
PTIR Omega Ratio Rank: 7
PTIR Calmar Ratio Rank: 5
PTIR Martin Ratio Rank: 5

LVHD

LVHD Risk / Return Rank: 60
LVHD Sharpe Ratio Rank: 60
LVHD Sortino Ratio Rank: 65
LVHD Omega Ratio Rank: 55
LVHD Calmar Ratio Rank: 67
LVHD Martin Ratio Rank: 50

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. LVHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD). 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	LVHD	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	1.61	-2.05
Sortino ratio: Return per unit of downside risk	-0.09	2.42	-2.51
Omega ratio: Gain probability vs. loss probability	0.99	1.28	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.57	2.71	-3.28
Martin ratio: Return relative to average drawdown	-0.98	6.72	-7.70

PTIR vs. LVHD - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.44, which is lower than the LVHD Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PTIR and LVHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PTIR vs. LVHD - Drawdown Comparison

The maximum PTIR drawdown since its inception was -79.40%, which is greater than LVHD's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for PTIR and LVHD.

Drawdown Indicators

	PTIR	LVHD	Difference
Max Drawdown Largest peak-to-trough decline	-79.40%	-37.32%	-42.08%
Max Drawdown (1Y) Largest decline over 1 year	-79.40%	-6.17%	-73.23%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.32%	—
Current Drawdown Current decline from peak	-68.29%	0.00%	-68.29%
Average Drawdown Average peak-to-trough decline	-30.09%	-4.02%	-26.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.17%	2.49%	+43.68%

Volatility

PTIR vs. LVHD - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 31.47% compared to Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) at 4.92%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than LVHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	LVHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.47%	4.92%	+26.55%
Volatility (6M) Calculated over the trailing 6-month period	79.66%	8.10%	+71.56%
Volatility (1Y) Calculated over the trailing 1-year period	102.55%	10.44%	+92.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.96%	13.02%	+114.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.96%	15.56%	+112.40%

PTIR vs. LVHD - Expense Ratio Comparison

PTIR has a 1.04% expense ratio, which is higher than LVHD's 0.27% expense ratio.

Dividends

PTIR vs. LVHD - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 12.63%, more than LVHD's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LVHD Franklin U.S. Low Volatility High Dividend Index ETF	3.17%	3.35%	4.23%	3.55%	3.30%	2.56%	3.27%	3.30%	3.82%	3.33%	2.48%
PTIR GraniteShares 2x Long PLTR Daily ETF	12.63%	5.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PTIR and LVHD in my portfolio?

PTIR and LVHD have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTIR or LVHD?

PTIR has higher volatility (31.47%) compared to LVHD (4.92%). In terms of maximum drawdown, PTIR dropped -79.40% vs LVHD's -37.32%.

Which ETF is better, PTIR or LVHD?

On 1-year performance, LVHD leads with 16.67% vs -45.06% for PTIR. On fees, LVHD is cheaper at 0.27% per year. On volatility, LVHD has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or LVHD?

Over the 1-year period, LVHD has performed better with a 16.67% return vs -45.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or LVHD?

LVHD is cheaper with a 0.27% expense ratio, compared with 1.04% for PTIR.

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

PTIR has the higher dividend yield at 12.63%, compared with 3.17% for LVHD.

What is the main difference between PTIR and LVHD?

PTIR is categorized as Leveraged Equities, while LVHD is Dividend. PTIR tracks Palantir Technologies Inc. (200%), while LVHD tracks Franklin U.S. Low Volatility High Dividend Index. They also come from different issuers: GraniteShares and Franklin Templeton. Their fees differ too: 1.04% for PTIR and 0.27% for LVHD.

Which has better risk-adjusted returns?

LVHD currently has the higher Sharpe Ratio (1.61 vs -0.44), 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.