PTIR vs. PLTW

Last updated Jul 12, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and PLTW (PLTR WeeklyPay™ ETF) are both exchange-traded funds - PTIR is a Leveraged Equities fund tracking the Palantir Technologies Inc. (200%), while PLTW is a Derivative Income fund actively managed by Roundhill. PTIR is passively managed, while PLTW is actively managed. Over the past year, PTIR returned -45.02% vs -20.35% for PLTW. With a 0.99 correlation, they move nearly in lockstep. PTIR charges 1.04%/yr vs 0.99%/yr for PLTW.

Performance

PTIR vs. PLTW - Performance Comparison

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

Returns By Period

In the year-to-date period, PTIR achieves a -59.00% return, which is significantly lower than PLTW's -36.12% return.

PTIR

• 1D: -3.61%
• 1M: -5.19%
• 6M: -58.48%
• YTD: -59.00%
• 1Y: -45.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTW

• 1D: -1.88%
• 1M: -1.31%
• 6M: -35.87%
• YTD: -36.12%
• 1Y: -20.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. PLTW - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-59.00%	30.40%
PLTW PLTR WeeklyPay™ ETF	-36.12%	28.26%

Correlation

The correlation between PTIR and PLTW is 0.99 - 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	0.99
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025	0.99

The correlation between PTIR and PLTW has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

PTIR vs. PLTW - Sectors Allocation Comparison

Sectors	PTIR	PLTW
Technology	100.0%	20.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PTIR vs. PLTW — 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

PLTW

PLTW Risk / Return Rank: 7
PLTW Sharpe Ratio Rank: 6
PLTW Sortino Ratio Rank: 7
PLTW Omega Ratio Rank: 7
PLTW Calmar Ratio Rank: 6
PLTW 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. PLTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and PLTR WeeklyPay™ ETF (PLTW). 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	PLTW	Difference
Sharpe ratio: Return per unit of total volatility	-0.44	-0.33	-0.11
Sortino ratio: Return per unit of downside risk	-0.09	-0.09	-0.01
Omega ratio: Gain probability vs. loss probability	0.99	0.99	0.00
Calmar ratio: Return relative to maximum drawdown	-0.57	-0.36	-0.21
Martin ratio: Return relative to average drawdown	-1.00	-0.70	-0.30

PTIR vs. PLTW - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.44, which is lower than the PLTW Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of PTIR and PLTW, 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. PLTW - Drawdown Comparison

The maximum PTIR drawdown since its inception was -79.40%, which is greater than PLTW's maximum drawdown of -57.27%. Use the drawdown chart below to compare losses from any high point for PTIR and PLTW.

Drawdown Indicators

	PTIR	PLTW	Difference
Max Drawdown Largest peak-to-trough decline	-79.40%	-57.27%	-22.13%
Max Drawdown (1Y) Largest decline over 1 year	-79.40%	-57.27%	-22.13%
Current Drawdown Current decline from peak	-71.74%	-47.75%	-23.99%
Average Drawdown Average peak-to-trough decline	-29.75%	-24.25%	-5.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.35%	29.30%	+16.05%

Volatility

PTIR vs. PLTW - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 32.60% compared to PLTR WeeklyPay™ ETF (PLTW) at 19.71%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than PLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	PLTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.60%	19.71%	+12.89%
Volatility (6M) Calculated over the trailing 6-month period	79.40%	47.84%	+31.56%
Volatility (1Y) Calculated over the trailing 1-year period	102.73%	61.81%	+40.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.42%	74.14%	+54.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.42%	74.14%	+54.28%

PTIR vs. PLTW - Expense Ratio Comparison

PTIR has a 1.04% expense ratio, which is higher than PLTW's 0.99% expense ratio.

Dividends

PTIR vs. PLTW - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 14.17%, less than PLTW's 135.07% yield.

Position	TTM	2025
PLTW PLTR WeeklyPay™ ETF	135.07%	72.40%
PTIR GraniteShares 2x Long PLTR Daily ETF	14.17%	5.81%

Frequently Asked Questions

Can I hold both PTIR and PLTW in my portfolio?

With a correlation of 0.99, PTIR and PLTW 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 PLTW?

PTIR has higher volatility (32.60%) compared to PLTW (19.71%). In terms of maximum drawdown, PTIR dropped -79.40% vs PLTW's -57.27%.

Which ETF is better, PTIR or PLTW?

On 1-year performance, PLTW leads with -20.35% vs -45.02% for PTIR. On fees, PLTW is cheaper at 0.99% per year. On volatility, PLTW has been the lower-risk option at 19.71%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or PLTW?

Over the 1-year period, PLTW has performed better with a -20.35% return vs -45.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or PLTW?

PLTW is cheaper with a 0.99% expense ratio, compared with 1.04% for PTIR.

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

PLTW has the higher dividend yield at 135.07%, compared with 14.17% for PTIR.

What is the main difference between PTIR and PLTW?

PTIR is categorized as Leveraged Equities, while PLTW is Derivative Income. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.04% for PTIR and 0.99% for PLTW.

Which has better risk-adjusted returns?

PLTW currently has the higher Sharpe Ratio (-0.33 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.