QTUM vs. PTIR

Last updated Aug 1, 2026

QTUM (Defiance Quantum ETF) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both exchange-traded funds - QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index, while PTIR is a Leveraged Equities fund tracking the Palantir Technologies Inc. (200%). Both are passively managed. Over the past year, QTUM returned 55.03% vs -58.75% for PTIR. Their 0.44 correlation means their historical movements had little consistent relationship. QTUM charges 0.40%/yr vs 1.04%/yr for PTIR.

Performance

QTUM vs. PTIR - Performance Comparison

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

Returns By Period

In the year-to-date period, QTUM achieves a 29.28% return, which is significantly higher than PTIR's -62.18% return.

QTUM

• 1D: 0.67%
• 1M: -11.92%
• 6M: 22.33%
• YTD: 29.28%
• 1Y: 55.03%
• 3Y*: 39.51%
• 5Y*: 24.56%
• 10Y*: —
• ALL TIME*: 25.62%

PTIR

• 1D: 1.20%
• 1M: -6.82%
• 6M: -43.20%
• YTD: -62.18%
• 1Y: -58.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 164.95%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PTIR GraniteShares 2x Long PLTR Daily ETF	$34.43M	$50.90M	$65.92M
QTUM Defiance Quantum ETF	$54.21M	$61.13M	$111.15M

QTUM vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QTUM Defiance Quantum ETF	29.28%	36.65%	36.86%
PTIR GraniteShares 2x Long PLTR Daily ETF	-62.18%	221.36%	425.36%

Correlation

The correlation between QTUM and PTIR is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.37
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	0.44

QTUM vs. PTIR - Sectors Allocation Comparison

Sectors	QTUM	PTIR
Technology	81.4%	100.0%
Industrials	8.9%	-
Communication Services	6.6%	-
Consumer Cyclical	2.0%	-
Healthcare	1.2%	-
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

QTUM vs. PTIR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QTUM

QTUM Risk / Return Rank: 74
QTUM Sharpe Ratio Rank: 77
QTUM Sortino Ratio Rank: 71
QTUM Omega Ratio Rank: 70
QTUM Calmar Ratio Rank: 74
QTUM Martin Ratio Rank: 76

PTIR

PTIR Risk / Return Rank: 4
PTIR Sharpe Ratio Rank: 4
PTIR Sortino Ratio Rank: 6
PTIR Omega Ratio Rank: 6
PTIR Calmar Ratio Rank: 3
PTIR Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QTUM vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and GraniteShares 2x Long PLTR Daily ETF (PTIR). 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.

	QTUM	PTIR	Difference
Sharpe ratio: Return per unit of total volatility	1.75	-0.56	+2.31
Sortino ratio: Return per unit of downside risk	2.29	-0.43	+2.72
Omega ratio: Gain probability vs. loss probability	1.29	0.95	+0.34
Calmar ratio: Return relative to maximum drawdown	2.57	-0.74	+3.31
Martin ratio: Return relative to average drawdown	9.41	-1.21	+10.62

QTUM vs. PTIR - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 1.75, which is higher than the PTIR Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of QTUM and PTIR, 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

QTUM vs. PTIR - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum PTIR drawdown of -79.40%. Use the drawdown chart below to compare losses from any high point for QTUM and PTIR.

Drawdown Indicators

	QTUM	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-79.40%	+40.95%
Max Drawdown (1Y) Largest decline over 1 year	-21.51%	-79.40%	+57.89%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Current Drawdown Current decline from peak	-16.16%	-73.93%	+57.77%
Average Drawdown Average peak-to-trough decline	-8.27%	-31.05%	+22.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.87%	48.56%	-42.69%

Volatility

QTUM vs. PTIR - Volatility Comparison

The current volatility for Defiance Quantum ETF (QTUM) is 11.38%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 27.36%. This indicates that QTUM experiences smaller price fluctuations and is considered to be less risky than PTIR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	27.36%	-15.98%
Volatility (6M) Calculated over the trailing 6-month period	26.47%	81.50%	-55.03%
Volatility (1Y) Calculated over the trailing 1-year period	31.67%	104.45%	-72.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.69%	127.66%	-99.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	127.66%	-99.97%

QTUM vs. PTIR - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is lower than PTIR's 1.04% expense ratio.

Dividends

QTUM vs. PTIR - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.83%, less than PTIR's 15.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PTIR GraniteShares 2x Long PLTR Daily ETF	15.36%	5.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.83%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both QTUM and PTIR in my portfolio?

QTUM and PTIR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTUM or PTIR?

PTIR has higher volatility (27.36%) compared to QTUM (11.38%). In terms of maximum drawdown, QTUM dropped -38.45% vs PTIR's -79.40%.

Which ETF is better, QTUM or PTIR?

On 1-year performance, QTUM leads with 55.03% vs -58.75% for PTIR. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 11.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTUM or PTIR?

Over the 1-year period, QTUM has performed better with a 55.03% return vs -58.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTUM or PTIR?

QTUM is cheaper with a 0.40% expense ratio, compared with 1.04% for PTIR.

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

PTIR has the higher dividend yield at 15.36%, compared with 0.83% for QTUM.

What is the main difference between QTUM and PTIR?

QTUM is categorized as Technology Equities, while PTIR is Leveraged Equities. QTUM tracks BlueStar Machine Learning and Quantum Computing Index, while PTIR tracks Palantir Technologies Inc. (200%). They also come from different issuers: Defiance and GraniteShares. Their fees differ too: 0.40% for QTUM and 1.04% for PTIR.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (1.75 vs -0.56), 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.