Q vs. PLTU

Last updated Jun 13, 2026

Q (Qnity Electronics, Inc) is a stock, while PLTU (Direxion Daily PLTR Bull 2X Shares) is Leveraged Equities fund actively managed by Direxion. At a 0.21 correlation, their price movements are largely independent.

Performance

Q vs. PLTU - Performance Comparison

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

Returns By Period

In the year-to-date period, Q achieves a 84.72% return, which is significantly higher than PLTU's -57.19% return.

Q

• 1D: 1.03%
• 1M: -4.14%
• YTD: 84.72%
• 6M: 91.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTU

• 1D: -4.72%
• 1M: -11.89%
• YTD: -57.19%
• 6M: -60.46%
• 1Y: -39.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Q vs. PLTU - Yearly Performance Comparison

	2026 (YTD)	2025
Q Qnity Electronics, Inc	84.72%	-16.62%
PLTU Direxion Daily PLTR Bull 2X Shares	-57.19%	-25.64%

Correlation

The correlation between Q and PLTU is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.21

Return for Risk

Q vs. PLTU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

Q

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PLTU

PLTU Risk / Return Rank: 7
PLTU Sharpe Ratio Rank: 6
PLTU Sortino Ratio Rank: 9
PLTU Omega Ratio Rank: 9
PLTU Calmar Ratio Rank: 5
PLTU Martin Ratio Rank: 5

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.

Q vs. PLTU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Qnity Electronics, Inc (Q) 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.

	Q	PLTU	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.37	—
Sortino ratio: Return per unit of downside risk	—	0.06	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.54	—
Martin ratio: Return relative to average drawdown	—	-0.92	—

Drawdowns

Q vs. PLTU - Drawdown Comparison

The maximum Q drawdown since its inception was -27.12%, smaller than the maximum PLTU drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for Q and PLTU.

Drawdown Indicators

	Q	PLTU	Difference
Max Drawdown Largest peak-to-trough decline	-27.12%	-70.23%	+43.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-70.23%	—
Current Drawdown Current decline from peak	-10.47%	-70.23%	+59.76%
Average Drawdown Average peak-to-trough decline	-8.90%	-32.47%	+23.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.00%	—

Volatility

Volatility by Period

	Q	PLTU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	33.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	77.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.27%	101.37%	-45.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.27%	126.48%	-70.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.27%	126.48%	-70.21%

Dividends

Q vs. PLTU - Dividend Comparison

Q's dividend yield for the trailing twelve months is around 0.15%, less than PLTU's 55.54% yield.

Position	TTM	2025	2024
PLTU Direxion Daily PLTR Bull 2X Shares	55.54%	23.29%	0.12%
Q Qnity Electronics, Inc	0.15%	0.07%	0.00%

Frequently Asked Questions

Can I hold both Q and PLTU in my portfolio?

Q and PLTU have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.