PTIR vs. PLTY
Compare and contrast key facts about GraniteShares 2x Long PLTR Daily ETF (PTIR) and YieldMax PLTR Option Income Strategy ETF (PLTY).
PTIR and PLTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PTIR is an actively managed fund by GraniteShares. It was launched on Sep 3, 2024. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTIR or PLTY.
Correlation
The correlation between PTIR and PLTY is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PTIR vs. PLTY - Performance Comparison
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Key characteristics
PTIR:
161.06%
PLTY:
66.63%
PTIR:
-69.10%
PLTY:
-36.61%
PTIR:
-16.16%
PLTY:
-4.13%
Returns By Period
In the year-to-date period, PTIR achieves a 106.62% return, which is significantly higher than PLTY's 41.69% return.
PTIR
106.62%
59.44%
219.60%
N/A
N/A
N/A
PLTY
41.69%
24.63%
75.88%
N/A
N/A
N/A
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PTIR vs. PLTY - Expense Ratio Comparison
PTIR has a 1.15% expense ratio, which is higher than PLTY's 0.99% expense ratio.
Risk-Adjusted Performance
PTIR vs. PLTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.
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Dividends
PTIR vs. PLTY - Dividend Comparison
PTIR has not paid dividends to shareholders, while PLTY's dividend yield for the trailing twelve months is around 39.42%.
| TTM | 2024 | |
|---|---|---|
PTIR GraniteShares 2x Long PLTR Daily ETF | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 39.42% | 7.85% |
Drawdowns
PTIR vs. PLTY - Drawdown Comparison
The maximum PTIR drawdown since its inception was -69.10%, which is greater than PLTY's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for PTIR and PLTY. For additional features, visit the drawdowns tool.
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Volatility
PTIR vs. PLTY - Volatility Comparison
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