TLA vs. PLTM
TLA (GraniteShares Autocallable TSLA ETF) and PLTM (GraniteShares Platinum Trust) are both exchange-traded funds - TLA is a Derivative Income fund actively managed by GraniteShares, while PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt). TLA is actively managed, while PLTM is passively managed. Their 0.38 correlation means their historical movements had little consistent relationship. TLA charges 1.07%/yr vs 0.50%/yr for PLTM.
Performance
TLA vs. PLTM - Performance Comparison
Loading charts...
Returns By Period
TLA
- 1D
- 0.68%
- 1M
- -7.40%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
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 | |
| $81.43K | $70.64K | $69.71K |
TLA vs. PLTM - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TLA GraniteShares Autocallable TSLA ETF | -2.43% |
PLTM GraniteShares Platinum Trust | -22.81% |
Correlation
The correlation between TLA and PLTM is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026 | 0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TLA vs. PLTM — Risk / Return Rank
TLA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PLTM
TLA vs. PLTM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable TSLA ETF (TLA) 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.
| TLA | PLTM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.14 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.62 | — |
| Martin ratioReturn relative to average drawdown | — | 1.20 | — |
Loading charts...
Drawdowns
TLA vs. PLTM - Drawdown Comparison
The maximum TLA drawdown since its inception was -11.80%, smaller than the maximum PLTM drawdown of -44.07%. Use the drawdown chart below to compare losses from any high point for TLA and PLTM.
Loading charts...
Drawdown Indicators
| TLA | PLTM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.80% | -44.07% | +32.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -44.07% | — |
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 | -8.79% | -40.58% | +31.79% |
Average DrawdownAverage peak-to-trough decline | -1.78% | -18.95% | +17.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 22.75% | — |
Volatility
TLA vs. PLTM - Volatility Comparison
Loading charts...
Volatility by Period
| TLA | PLTM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.19% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 38.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.63% | 50.54% | -33.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.63% | 33.15% | -16.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.63% | 31.14% | -14.51% |
TLA vs. PLTM - Expense Ratio Comparison
TLA has a 1.07% expense ratio, which is higher than PLTM's 0.50% expense ratio.
Dividends
TLA vs. PLTM - Dividend Comparison
TLA's dividend yield for the trailing twelve months is around 8.86%, while PLTM has not paid dividends to shareholders.
| Position | TTM |
|---|---|
PLTM GraniteShares Platinum Trust | 0.00% |
TLA GraniteShares Autocallable TSLA ETF | 8.86% |
Frequently Asked Questions
TLA and PLTM have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PLTM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PLTM is cheaper with a 0.50% expense ratio, compared with 1.07% for TLA.
TLA has the higher dividend yield at 8.86%, compared with 0.00% for PLTM.
TLA is categorized as Derivative Income, while PLTM is Precious Metals. Their fees differ too: 1.07% for TLA and 0.50% for PLTM.
Find the right allocation for TLA and PLTM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer