SPOG vs. PLTG

Last updated Jun 4, 2026

SPOG (Leverage Shares 2X Long SPOT Daily ETF) and PLTG (Leverage Shares 2X Long PLTR Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SPOG vs. PLTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SPOT Daily ETF (SPOG) and Leverage Shares 2X Long PLTR Daily ETF (PLTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPOG achieves a -41.52% return, which is significantly higher than PLTG's -47.23% return.

SPOG

• 1D: -5.23%
• 1M: 19.81%
• YTD: -41.52%
• 6M: -37.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTG

• 1D: -13.32%
• 1M: -9.50%
• YTD: -47.23%
• 6M: -47.68%
• 1Y: -24.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPOG vs. PLTG - Yearly Performance Comparison

	2026 (YTD)	2025
SPOG Leverage Shares 2X Long SPOT Daily ETF	-41.52%	-19.53%
PLTG Leverage Shares 2X Long PLTR Daily ETF	-47.23%	2.95%

Correlation

The correlation between SPOG and PLTG is 0.34, 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 18, 2025	0.34

Return for Risk

SPOG vs. PLTG — Risk / Return Rank

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

PLTG

PLTG Risk / Return Rank: 8
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 11
PLTG Omega Ratio Rank: 11
PLTG Calmar Ratio Rank: 6
PLTG Martin Ratio Rank: 6

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.

SPOG vs. PLTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SPOT Daily ETF (SPOG) and Leverage Shares 2X Long PLTR Daily ETF (PLTG). 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.

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

Sharpe Ratios by Period

	SPOG	PLTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	-0.01	-0.72

Drawdowns

SPOG vs. PLTG - Drawdown Comparison

The maximum SPOG drawdown since its inception was -64.41%, smaller than the maximum PLTG drawdown of -69.02%. Use the drawdown chart below to compare losses from any high point for SPOG and PLTG.

Drawdown Indicators

	SPOG	PLTG	Difference
Max Drawdown Largest peak-to-trough decline	-64.41%	-69.02%	+4.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.02%	—
Current Drawdown Current decline from peak	-52.94%	-64.14%	+11.20%
Average Drawdown Average peak-to-trough decline	-40.43%	-30.36%	-10.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	40.15%	—

Volatility

Volatility by Period

	SPOG	PLTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	36.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	77.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	103.84%	103.03%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.84%	106.00%	-2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.84%	106.00%	-2.16%

SPOG vs. PLTG - Expense Ratio Comparison

Both SPOG and PLTG have an expense ratio of 0.75%.

Dividends

SPOG vs. PLTG - Dividend Comparison

SPOG has not paid dividends to shareholders, while PLTG's dividend yield for the trailing twelve months is around 34.37%.

Position	TTM	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	34.37%	18.14%
SPOG Leverage Shares 2X Long SPOT Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPOG and PLTG in my portfolio?

SPOG and PLTG 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 ETF is better, SPOG or PLTG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPOG or PLTG?

SPOG and PLTG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, SPOG or PLTG?

PLTG has the higher dividend yield at 34.37%, compared with 0.00% for SPOG.