PTIR vs. XBTY

Last updated Jun 24, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and XBTY (GraniteShares YieldBOOST Bitcoin ETF) are both exchange-traded funds - PTIR is a Leveraged Equities fund actively managed by GraniteShares, while XBTY is a Derivative Income fund actively managed by GraniteShares. Both are actively managed. Over the past year, PTIR returned -52.03% vs -39.34% for XBTY. At a 0.33 correlation, their price movements are largely independent. PTIR charges 1.15%/yr vs 0.99%/yr for XBTY.

Performance

PTIR vs. XBTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and GraniteShares YieldBOOST Bitcoin ETF (XBTY). 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 XBTY's -21.52% return.

PTIR

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

XBTY

• 1D: -1.11%
• 1M: -7.99%
• YTD: -21.52%
• 6M: -19.82%
• 1Y: -39.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTIR vs. XBTY - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-64.50%	80.71%
XBTY GraniteShares YieldBOOST Bitcoin ETF	-21.52%	-21.19%

Correlation

The correlation between PTIR and XBTY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 13, 2025	0.33

Return for Risk

PTIR vs. XBTY — 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

XBTY

XBTY Risk / Return Rank: 1
XBTY Sharpe Ratio Rank: 0
XBTY Sortino Ratio Rank: 0
XBTY Omega Ratio Rank: 0
XBTY Calmar Ratio Rank: 2
XBTY 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. XBTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and GraniteShares YieldBOOST Bitcoin ETF (XBTY). 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	XBTY	Difference
Sharpe ratio: Return per unit of total volatility	-0.51	-1.43	+0.92
Sortino ratio: Return per unit of downside risk	-0.26	-2.11	+1.85
Omega ratio: Gain probability vs. loss probability	0.97	0.75	+0.22
Calmar ratio: Return relative to maximum drawdown	-0.69	-0.84	+0.15
Martin ratio: Return relative to average drawdown	-1.22	-1.26	+0.03

PTIR vs. XBTY - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.51, which is higher than the XBTY Sharpe Ratio of -1.43. The chart below compares the historical Sharpe Ratios of PTIR and XBTY, 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. XBTY - Drawdown Comparison

The maximum PTIR drawdown since its inception was -75.53%, which is greater than XBTY's maximum drawdown of -47.01%. Use the drawdown chart below to compare losses from any high point for PTIR and XBTY.

Drawdown Indicators

	PTIR	XBTY	Difference
Max Drawdown Largest peak-to-trough decline	-75.53%	-47.01%	-28.52%
Max Drawdown (1Y) Largest decline over 1 year	-75.53%	-47.01%	-28.52%
Current Drawdown Current decline from peak	-75.53%	-46.83%	-28.70%
Average Drawdown Average peak-to-trough decline	-28.60%	-24.05%	-4.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	42.52%	31.32%	+11.20%

Volatility

PTIR vs. XBTY - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 37.93% compared to GraniteShares YieldBOOST Bitcoin ETF (XBTY) at 4.95%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than XBTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	XBTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.93%	4.95%	+32.98%
Volatility (6M) Calculated over the trailing 6-month period	77.76%	15.69%	+62.07%
Volatility (1Y) Calculated over the trailing 1-year period	102.66%	27.60%	+75.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.79%	27.41%	+101.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.79%	27.41%	+101.38%

PTIR vs. XBTY - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than XBTY's 0.99% expense ratio.

Dividends

PTIR vs. XBTY - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 16.37%, less than XBTY's 226.15% yield.

Position	TTM	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	16.37%	5.81%
XBTY GraniteShares YieldBOOST Bitcoin ETF	226.15%	102.53%

Frequently Asked Questions

Can I hold both PTIR and XBTY in my portfolio?

PTIR and XBTY have a correlation of 0.34, 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 XBTY?

PTIR has higher volatility (37.93%) compared to XBTY (4.95%). In terms of maximum drawdown, PTIR dropped -75.53% vs XBTY's -47.01%.

Which ETF is better, PTIR or XBTY?

On 1-year performance, XBTY leads with -39.34% vs -52.03% for PTIR. On fees, XBTY is cheaper at 0.99% per year. On volatility, XBTY has been the lower-risk option at 4.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or XBTY?

Over the 1-year period, XBTY has performed better with a -39.34% return vs -52.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or XBTY?

XBTY is cheaper with a 0.99% expense ratio, compared with 1.15% for PTIR.

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

XBTY has the higher dividend yield at 226.15%, compared with 16.37% for PTIR.

What is the main difference between PTIR and XBTY?

PTIR is categorized as Leveraged Equities, while XBTY is Derivative Income. Their fees differ too: 1.15% for PTIR and 0.99% for XBTY.

Which has better risk-adjusted returns?

PTIR currently has the higher Sharpe Ratio (-0.51 vs -1.43), 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.