RVNL vs. PLTM
RVNL (GraniteShares 2x Long RIVN Daily ETF) and PLTM (GraniteShares Platinum Trust) are both exchange-traded funds - RVNL is a Leveraged Equities fund actively managed by GraniteShares, while PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt). RVNL is actively managed, while PLTM is passively managed. Over the past year, RVNL returned -18.13% vs 24.86% for PLTM. Their 0.17 correlation means their historical movements had little consistent relationship. RVNL charges 1.15%/yr vs 0.50%/yr for PLTM.
Performance
RVNL vs. PLTM - Performance Comparison
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Returns By Period
In the year-to-date period, RVNL achieves a -59.36% return, which is significantly lower than PLTM's -19.56% return.
RVNL
- 1D
- -19.28%
- 1M
- -39.48%
- 6M
- -25.62%
- YTD
- -59.36%
- 1Y
- -18.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -11.97%
PLTM
- 1D
- -0.13%
- 1M
- 2.06%
- 6M
- -22.81%
- YTD
- -19.56%
- 1Y
- 24.86%
- 3Y*
- 20.37%
- 5Y*
- 8.97%
- 10Y*
- —
- ALL TIME*
- 5.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.27M | $1.47M | $3.03M | |
| $2.76M | $4.10M | $2.75M |
RVNL vs. PLTM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RVNL GraniteShares 2x Long RIVN Daily ETF | -59.36% | 109.17% |
PLTM GraniteShares Platinum Trust | -19.56% | 111.47% |
Correlation
The correlation between RVNL and PLTM is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 2025 | 0.17 |
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Return for Risk
RVNL vs. PLTM — Risk / Return Rank
RVNL
PLTM
RVNL vs. PLTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long RIVN Daily ETF (RVNL) and GraniteShares Platinum Trust (PLTM). 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.
| RVNL | PLTM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.14 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.62 | -0.96 |
| Martin ratioReturn relative to average drawdown | -0.55 | 1.20 | -1.75 |
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Drawdowns
RVNL vs. PLTM - Drawdown Comparison
The maximum RVNL drawdown since its inception was -72.92%, which is greater than PLTM's maximum drawdown of -44.07%. Use the drawdown chart below to compare losses from any high point for RVNL and PLTM.
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Drawdown Indicators
| RVNL | PLTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.92% | -44.07% | -28.85% |
Max Drawdown (1Y)Largest decline over 1 year | -72.92% | -44.07% | -28.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -44.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.07% | — |
Current DrawdownCurrent decline from peak | -68.83% | -40.58% | -28.25% |
Average DrawdownAverage peak-to-trough decline | -42.42% | -18.95% | -23.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.41% | 22.75% | +22.66% |
Volatility
RVNL vs. PLTM - Volatility Comparison
GraniteShares 2x Long RIVN Daily ETF (RVNL) has a higher volatility of 62.71% compared to GraniteShares Platinum Trust (PLTM) at 9.19%. This indicates that RVNL's price experiences larger fluctuations and is considered to be riskier than PLTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RVNL | PLTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 62.71% | 9.19% | +53.52% |
Volatility (6M)Calculated over the trailing 6-month period | 107.27% | 38.75% | +68.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 141.47% | 50.54% | +90.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 131.75% | 33.15% | +98.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 131.75% | 31.14% | +100.61% |
RVNL vs. PLTM - Expense Ratio Comparison
RVNL has a 1.15% expense ratio, which is higher than PLTM's 0.50% expense ratio.
Dividends
RVNL vs. PLTM - Dividend Comparison
Neither RVNL nor PLTM has paid dividends to shareholders.
Frequently Asked Questions
RVNL and PLTM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RVNL has higher volatility (62.71%) compared to PLTM (9.19%). In terms of maximum drawdown, RVNL dropped -72.92% vs PLTM's -44.07%.
On 1-year performance, PLTM leads with 24.86% vs -18.13% for RVNL. On fees, PLTM is cheaper at 0.50% per year. On volatility, PLTM has been the lower-risk option at 9.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PLTM has performed better with a 24.86% return vs -18.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTM is cheaper with a 0.50% expense ratio, compared with 1.15% for RVNL.
RVNL and PLTM have nearly identical dividend yields, around 0.00%.
RVNL is categorized as Leveraged Equities, while PLTM is Precious Metals. Their fees differ too: 1.15% for RVNL and 0.50% for PLTM.
PLTM currently has the higher Sharpe Ratio (0.54 vs -0.17), 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.
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