TARK vs. PTIR

Last updated Jun 3, 2026

TARK (Tradr 2X Long Innovation ETF) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, TARK returned 58.98% vs -8.22% for PTIR. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 1.15% expense ratio.

Performance

TARK vs. PTIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Innovation ETF (TARK) 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, TARK achieves a -1.67% return, which is significantly higher than PTIR's -38.16% return.

TARK

• 1D: -3.51%
• 1M: 6.42%
• YTD: -1.67%
• 6M: -5.56%
• 1Y: 58.98%
• 3Y*: 22.58%
• 5Y*: —
• 10Y*: —

PTIR

• 1D: -10.60%
• 1M: 7.69%
• YTD: -38.16%
• 6M: -34.27%
• 1Y: -8.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TARK vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TARK Tradr 2X Long Innovation ETF	-1.67%	41.00%	63.67%
PTIR GraniteShares 2x Long PLTR Daily ETF	-38.16%	221.36%	425.36%

Correlation

The correlation between TARK and PTIR is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024	0.61

The correlation between TARK and PTIR has been stable across timeframes, ranging from 0.59 to 0.61 - a consistent structural relationship.

Return for Risk

TARK vs. PTIR — Risk / Return Rank

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

TARK

TARK Risk / Return Rank: 24
TARK Sharpe Ratio Rank: 24
TARK Sortino Ratio Rank: 28
TARK Omega Ratio Rank: 26
TARK Calmar Ratio Rank: 24
TARK Martin Ratio Rank: 19

PTIR

PTIR Risk / Return Rank: 10
PTIR Sharpe Ratio Rank: 8
PTIR Sortino Ratio Rank: 14
PTIR Omega Ratio Rank: 14
PTIR Calmar Ratio Rank: 8
PTIR Martin Ratio Rank: 7

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.

TARK vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) 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.

	TARK	PTIR	Difference
Sharpe ratio Return per unit of total volatility	0.83	-0.08	+0.91
Sortino ratio Return per unit of downside risk	1.50	0.60	+0.90
Omega ratio Gain probability vs. loss probability	1.17	1.08	+0.10
Calmar ratio Return relative to maximum drawdown	1.11	-0.12	+1.23
Martin ratio Return relative to average drawdown	2.19	-0.20	+2.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TARK vs. PTIR - Sharpe Ratio Comparison

The current TARK Sharpe Ratio is 0.83, which is higher than the PTIR Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of TARK 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.

Sharpe Ratios by Period

	TARK	PTIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	-0.08	+0.91
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	2.23	-2.30

Drawdowns

TARK vs. PTIR - Drawdown Comparison

The maximum TARK drawdown since its inception was -77.82%, which is greater than PTIR's maximum drawdown of -69.10%. Use the drawdown chart below to compare losses from any high point for TARK and PTIR.

Drawdown Indicators

	TARK	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-77.82%	-69.10%	-8.72%
Max Drawdown (1Y) Largest decline over 1 year	-57.57%	-68.11%	+10.54%
Max Drawdown (3Y) Largest decline over 3 years	-65.55%	—	—
Current Drawdown Current decline from peak	-35.30%	-57.38%	+22.08%
Average Drawdown Average peak-to-trough decline	-51.00%	-27.38%	-23.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.21%	39.35%	-10.14%

Volatility

TARK vs. PTIR - Volatility Comparison

The current volatility for Tradr 2X Long Innovation ETF (TARK) is 17.93%, while GraniteShares 2x Long PLTR Daily ETF (PTIR) has a volatility of 34.02%. This indicates that TARK 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

	TARK	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.93%	34.02%	-16.09%
Volatility (6M) Calculated over the trailing 6-month period	50.05%	75.99%	-25.94%
Volatility (1Y) Calculated over the trailing 1-year period	71.71%	102.25%	-30.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.60%	129.30%	-38.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.60%	129.30%	-38.70%

TARK vs. PTIR - Expense Ratio Comparison

Both TARK and PTIR have an expense ratio of 1.15%.

Dividends

TARK vs. PTIR - Dividend Comparison

TARK's dividend yield for the trailing twelve months is around 30.51%, more than PTIR's 9.40% yield.

Position	TTM	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	9.40%	5.81%	0.00%
TARK Tradr 2X Long Innovation ETF	30.51%	30.00%	0.59%

Frequently Asked Questions

Can I hold both TARK and PTIR in my portfolio?

TARK and PTIR have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TARK or PTIR?

PTIR has higher volatility (34.02%) compared to TARK (17.93%). In terms of maximum drawdown, TARK dropped -77.82% vs PTIR's -69.10%.

Which ETF is better, TARK or PTIR?

On 1-year performance, TARK leads with 58.98% vs -8.22% for PTIR. Both ETFs have the same 1.15% expense ratio. On volatility, TARK has been the lower-risk option at 17.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TARK or PTIR?

Over the 1-year period, TARK has performed better with a 58.98% return vs -8.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TARK or PTIR?

TARK and PTIR have the same expense ratio: 1.15% per year.

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

TARK has the higher dividend yield at 30.51%, compared with 9.40% for PTIR.

What is the main difference between TARK and PTIR?

They also come from different issuers: AXS and GraniteShares.

Which has better risk-adjusted returns?

TARK currently has the higher Sharpe Ratio (0.83 vs -0.08), 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.