TSLW vs. PLTW
TSLW (Roundhill TSLA WeeklyPay™ ETF) and PLTW (PLTR WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, TSLW returned 18.45% vs -20.56% for PLTW. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
TSLW vs. PLTW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TSLW achieves a -18.26% return, which is significantly higher than PLTW's -31.68% return.
TSLW
- 1D
- -1.30%
- 1M
- -4.59%
- 6M
- -15.42%
- YTD
- -18.26%
- 1Y
- 18.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTW
- 1D
- 0.42%
- 1M
- 0.62%
- 6M
- -31.01%
- YTD
- -31.68%
- 1Y
- -20.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. PLTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -18.26% | 35.28% |
PLTW PLTR WeeklyPay™ ETF | -31.68% | 36.30% |
Correlation
The correlation between TSLW and PLTW is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.35 |
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
TSLW vs. PLTW — Risk / Return Rank
TSLW
PLTW
TSLW vs. PLTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and PLTR WeeklyPay™ ETF (PLTW). 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.
| TSLW | PLTW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.99 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | -0.36 | +0.88 |
| Martin ratioReturn relative to average drawdown | 1.08 | -0.69 | +1.77 |
Loading charts...
Drawdowns
TSLW vs. PLTW - Drawdown Comparison
The maximum TSLW drawdown since its inception was -35.80%, smaller than the maximum PLTW drawdown of -57.27%. Use the drawdown chart below to compare losses from any high point for TSLW and PLTW.
Loading charts...
Drawdown Indicators
| TSLW | PLTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -57.27% | +21.47% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | -57.27% | +21.47% |
Current DrawdownCurrent decline from peak | -26.34% | -44.12% | +17.78% |
Average DrawdownAverage peak-to-trough decline | -13.98% | -24.49% | +10.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.15% | 29.84% | -12.69% |
Volatility
TSLW vs. PLTW - Volatility Comparison
Roundhill TSLA WeeklyPay™ ETF (TSLW) has a higher volatility of 19.92% compared to PLTR WeeklyPay™ ETF (PLTW) at 18.73%. This indicates that TSLW's price experiences larger fluctuations and is considered to be riskier than PLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TSLW | PLTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.92% | 18.73% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.31% | 48.03% | -10.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.47% | 61.70% | -8.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.97% | 73.81% | -16.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.97% | 73.81% | -16.84% |
TSLW vs. PLTW - Expense Ratio Comparison
Both TSLW and PLTW have an expense ratio of 0.99%.
Dividends
TSLW vs. PLTW - Dividend Comparison
TSLW's dividend yield for the trailing twelve months is around 92.33%, less than PLTW's 126.22% yield.
| Position | TTM | 2025 |
|---|---|---|
PLTW PLTR WeeklyPay™ ETF | 126.22% | 72.40% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 92.33% | 49.31% |
Frequently Asked Questions
TSLW and PLTW have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLW has higher volatility (19.92%) compared to PLTW (18.73%). In terms of maximum drawdown, TSLW dropped -35.80% vs PLTW's -57.27%.
On 1-year performance, TSLW leads with 18.45% vs -20.56% for PLTW. Both ETFs have the same 0.99% expense ratio. On volatility, PLTW has been the lower-risk option at 18.73%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TSLW has performed better with a 18.45% return vs -20.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TSLW and PLTW have the same expense ratio: 0.99% per year.
PLTW has the higher dividend yield at 126.22%, compared with 92.33% for TSLW.
TSLW currently has the higher Sharpe Ratio (0.35 vs -0.33), 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.
Find the right allocation for TSLW and PLTW
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