PTIR vs. SOXL

Last updated Jun 23, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and SOXL (Direxion Daily Semiconductor Bull 3X ETF) are both Leveraged Equities funds. PTIR is actively managed, while SOXL is passively managed. Over the past year, PTIR returned -47.83% vs 1322.96% for SOXL. At a 0.34 correlation, their price movements are largely independent. PTIR charges 1.15%/yr vs 0.75%/yr for SOXL.

Performance

PTIR vs. SOXL - 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 Semiconductor Bull 3X ETF (SOXL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -62.70% return, which is significantly lower than SOXL's 615.61% return.

PTIR

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

SOXL

• 1D: 7.69%
• 1M: 57.83%
• YTD: 615.61%
• 6M: 595.26%
• 1Y: 1,322.96%
• 3Y*: 141.01%
• 5Y*: 51.34%
• 10Y*: 68.93%

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

PTIR vs. SOXL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-62.70%	221.36%	425.36%
SOXL Direxion Daily Semiconductor Bull 3X ETF	615.61%	54.91%	-8.76%

Correlation

The correlation between PTIR and SOXL is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	0.34

PTIR vs. SOXL - Sectors Allocation Comparison

Sectors	PTIR	SOXL
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. SOXL — 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

SOXL

SOXL Risk / Return Rank: 97
SOXL Sharpe Ratio Rank: 100
SOXL Sortino Ratio Rank: 94
SOXL Omega Ratio Rank: 94
SOXL Calmar Ratio Rank: 99
SOXL Martin Ratio Rank: 99

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. SOXL - 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 Semiconductor Bull 3X ETF (SOXL). 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	SOXL	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	11.72	-12.18
Sortino ratio: Return per unit of downside risk	-0.15	4.57	-4.72
Omega ratio: Gain probability vs. loss probability	0.98	1.65	-0.67
Calmar ratio: Return relative to maximum drawdown	-0.65	30.78	-31.43
Martin ratio: Return relative to average drawdown	-1.13	99.38	-100.52

PTIR vs. SOXL - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.47, which is lower than the SOXL Sharpe Ratio of 11.72. The chart below compares the historical Sharpe Ratios of PTIR and SOXL, 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. SOXL - Drawdown Comparison

The maximum PTIR drawdown since its inception was -74.29%, smaller than the maximum SOXL drawdown of -90.46%. Use the drawdown chart below to compare losses from any high point for PTIR and SOXL.

Drawdown Indicators

	PTIR	SOXL	Difference
Max Drawdown Largest peak-to-trough decline	-74.29%	-90.46%	+16.17%
Max Drawdown (1Y) Largest decline over 1 year	-74.29%	-43.47%	-30.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-87.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-90.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.46%	—
Current Drawdown Current decline from peak	-74.29%	0.00%	-74.29%
Average Drawdown Average peak-to-trough decline	-28.49%	-34.95%	+6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.25%	13.44%	+28.81%

Volatility

PTIR vs. SOXL - Volatility Comparison

The current volatility for GraniteShares 2x Long PLTR Daily ETF (PTIR) is 37.83%, while Direxion Daily Semiconductor Bull 3X ETF (SOXL) has a volatility of 62.02%. This indicates that PTIR experiences smaller price fluctuations and is considered to be less risky than SOXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	SOXL	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.83%	62.02%	-24.19%
Volatility (6M) Calculated over the trailing 6-month period	78.25%	96.02%	-17.77%
Volatility (1Y) Calculated over the trailing 1-year period	102.76%	114.45%	-11.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.87%	109.85%	+19.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.87%	100.50%	+28.37%

PTIR vs. SOXL - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than SOXL's 0.75% expense ratio.

Dividends

PTIR vs. SOXL - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 15.58%, more than SOXL's 0.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PTIR GraniteShares 2x Long PLTR Daily ETF	15.58%	5.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXL Direxion Daily Semiconductor Bull 3X ETF	0.03%	0.34%	1.18%	0.51%	1.07%	0.04%	0.05%	0.38%	1.30%	0.09%	4.84%

Frequently Asked Questions

Can I hold both PTIR and SOXL in my portfolio?

PTIR and SOXL have a correlation of 0.24, 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 SOXL?

SOXL has higher volatility (62.02%) compared to PTIR (37.83%). In terms of maximum drawdown, PTIR dropped -74.29% vs SOXL's -90.46%.

Which ETF is better, PTIR or SOXL?

On 1-year performance, SOXL leads with 1322.96% vs -47.83% for PTIR. On fees, SOXL is cheaper at 0.75% per year. On volatility, PTIR has been the lower-risk option at 37.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or SOXL?

Over the 1-year period, SOXL has performed better with a 1322.96% return vs -47.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or SOXL?

SOXL is cheaper with a 0.75% expense ratio, compared with 1.15% for PTIR.

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

PTIR has the higher dividend yield at 15.58%, compared with 0.03% for SOXL.

What is the main difference between PTIR and SOXL?

They also come from different issuers: GraniteShares and Direxion. Their fees differ too: 1.15% for PTIR and 0.75% for SOXL.

Which has better risk-adjusted returns?

SOXL currently has the higher Sharpe Ratio (11.72 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.