PTIR vs. NBIS

Last updated Jun 24, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) is Leveraged Equities fund actively managed by GraniteShares, while NBIS (Nebius Group N.V.) is a stock. Over the past year, PTIR returned -52.03% vs 479.72% for NBIS. At a 0.33 correlation, their price movements are largely independent.

Performance

PTIR vs. NBIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and Nebius Group N.V. (NBIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -64.50% return, which is significantly lower than NBIS's 228.83% return.

PTIR

• 1D: -4.81%
• 1M: -30.43%
• YTD: -64.50%
• 6M: -70.36%
• 1Y: -52.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIS

• 1D: -2.95%
• 1M: 28.16%
• YTD: 228.83%
• 6M: 205.73%
• 1Y: 479.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. NBIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-64.50%	221.36%	189.90%
NBIS Nebius Group N.V.	228.83%	202.18%	46.25%

Correlation

The correlation between PTIR and NBIS is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Oct 18, 2024	0.33

Return for Risk

PTIR vs. NBIS — Risk / Return Rank

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

PTIR

PTIR Risk / Return Rank: 5
PTIR Sharpe Ratio Rank: 5
PTIR Sortino Ratio Rank: 6
PTIR Omega Ratio Rank: 6
PTIR Calmar Ratio Rank: 3
PTIR Martin Ratio Rank: 3

NBIS

NBIS Risk / Return Rank: 96
NBIS Sharpe Ratio Rank: 98
NBIS Sortino Ratio Rank: 96
NBIS Omega Ratio Rank: 92
NBIS Calmar Ratio Rank: 98
NBIS Martin Ratio Rank: 97

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. NBIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Nebius Group N.V. (NBIS). 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	NBIS	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	4.62	-5.13
Sortino ratio: Return per unit of downside risk	-0.26	4.20	-4.46
Omega ratio: Gain probability vs. loss probability	0.97	1.47	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.69	10.64	-11.33
Martin ratio: Return relative to average drawdown	-1.22	24.32	-25.55

PTIR vs. NBIS - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.51, which is lower than the NBIS Sharpe Ratio of 4.62. The chart below compares the historical Sharpe Ratios of PTIR and NBIS, 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. NBIS - Drawdown Comparison

The maximum PTIR drawdown since its inception was -75.53%, which is greater than NBIS's maximum drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for PTIR and NBIS.

Drawdown Indicators

	PTIR	NBIS	Difference
Max Drawdown Largest peak-to-trough decline	-75.53%	-58.27%	-17.26%
Max Drawdown (1Y) Largest decline over 1 year	-75.53%	-45.47%	-30.06%
Current Drawdown Current decline from peak	-75.53%	-3.99%	-71.54%
Average Drawdown Average peak-to-trough decline	-28.60%	-18.69%	-9.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.52%	19.85%	+22.67%

Volatility

PTIR vs. NBIS - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 37.93% compared to Nebius Group N.V. (NBIS) at 27.11%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than NBIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	NBIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.93%	27.11%	+10.82%
Volatility (6M) Calculated over the trailing 6-month period	77.76%	71.03%	+6.73%
Volatility (1Y) Calculated over the trailing 1-year period	102.66%	104.65%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.79%	109.87%	+18.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.79%	109.87%	+18.92%

Dividends

PTIR vs. NBIS - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 16.37%, while NBIS has not paid dividends to shareholders.

Position	TTM	2025
NBIS Nebius Group N.V.	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	16.37%	5.81%

Frequently Asked Questions

Can I hold both PTIR and NBIS in my portfolio?

PTIR and NBIS have a correlation of 0.30, 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 NBIS?

PTIR has higher volatility (37.93%) compared to NBIS (27.11%). In terms of maximum drawdown, PTIR dropped -75.53% vs NBIS's -58.27%.

Which has better risk-adjusted returns?

NBIS currently has the higher Sharpe Ratio (4.62 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.