PTIR vs. PLTU

Last updated Jun 23, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and PLTU (Direxion Daily PLTR Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. Over the past year, PTIR returned -47.83% vs -47.93% for PLTU. With a 1.00 correlation, they move nearly in lockstep. PTIR charges 1.15%/yr vs 0.97%/yr for PLTU.

Performance

PTIR vs. PLTU - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with PTIR having a -62.70% return and PLTU slightly lower at -63.06%.

PTIR

• 1D: -13.98%
• 1M: -26.91%
• YTD: -62.70%
• 6M: -68.83%
• 1Y: -47.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTU

• 1D: -13.93%
• 1M: -26.90%
• YTD: -63.06%
• 6M: -69.13%
• 1Y: -47.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-62.70%	221.36%	11.57%
PLTU Direxion Daily PLTR Bull 2X Shares	-63.06%	223.17%	14.77%

Correlation

The correlation between PTIR and PLTU is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024	1.00

The correlation between PTIR and PLTU has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

PTIR vs. PLTU - Sectors Allocation Comparison

Sectors	PTIR	PLTU
Technology	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PTIR vs. PLTU — 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: 4
PTIR Martin Ratio Rank: 3

PLTU

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

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. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Direxion Daily PLTR Bull 2X Shares (PLTU). 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	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	-0.47	0.00
Sortino ratio: Return per unit of downside risk	-0.15	-0.15	0.00
Omega ratio: Gain probability vs. loss probability	0.98	0.98	0.00
Calmar ratio: Return relative to maximum drawdown	-0.65	-0.65	0.00
Martin ratio: Return relative to average drawdown	-1.13	-1.14	0.00

PTIR vs. PLTU - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.47, which is comparable to the PLTU Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of PTIR and PLTU, 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. PLTU - Drawdown Comparison

The maximum PTIR drawdown since its inception was -74.29%, roughly equal to the maximum PLTU drawdown of -74.31%. Use the drawdown chart below to compare losses from any high point for PTIR and PLTU.

Drawdown Indicators

	PTIR	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-74.29%	-74.31%	+0.02%
Max Drawdown (1Y) Largest decline over 1 year	-74.29%	-74.31%	+0.02%
Current Drawdown Current decline from peak	-74.29%	-74.31%	+0.02%
Average Drawdown Average peak-to-trough decline	-28.49%	-32.96%	+4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.25%	42.16%	+0.09%

Volatility

PTIR vs. PLTU - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) and Direxion Daily PLTR Bull 2X Shares (PLTU) have volatilities of 37.83% and 37.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.83%	37.84%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	78.25%	78.30%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	102.76%	102.79%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.87%	126.55%	+2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.87%	126.55%	+2.32%

PTIR vs. PLTU - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than PLTU's 0.97% expense ratio.

Dividends

PTIR vs. PLTU - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 15.58%, less than PLTU's 64.37% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	64.37%	23.29%	0.12%
PTIR GraniteShares 2x Long PLTR Daily ETF	15.58%	5.81%	0.00%

Frequently Asked Questions

Can I hold both PTIR and PLTU in my portfolio?

With a correlation of 1.00, PTIR and PLTU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PTIR or PLTU?

PLTU has higher volatility (37.84%) compared to PTIR (37.83%). In terms of maximum drawdown, PTIR dropped -74.29% vs PLTU's -74.31%.

Which ETF is better, PTIR or PLTU?

On 1-year performance, PTIR leads with -47.83% vs -47.93% for PLTU. On fees, PLTU is cheaper at 0.97% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or PLTU?

Over the 1-year period, PTIR has performed better with a -47.83% return vs -47.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or PLTU?

PLTU is cheaper with a 0.97% expense ratio, compared with 1.15% for PTIR.

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

PLTU has the higher dividend yield at 64.37%, compared with 15.58% for PTIR.

What is the main difference between PTIR and PLTU?

They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.15% for PTIR and 0.97% for PLTU.

Which has better risk-adjusted returns?

PTIR currently has the higher Sharpe Ratio (-0.47 vs -0.47), 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.