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 4.70% vs -26.59% for PLTW. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
TSLW vs. PLTW - Performance Comparison
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Returns By Period
In the year-to-date period, TSLW achieves a -20.26% return, which is significantly higher than PLTW's -42.11% return.
TSLW
- 1D
- -7.13%
- 1M
- -12.88%
- YTD
- -20.26%
- 6M
- -27.32%
- 1Y
- 4.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTW
- 1D
- -3.23%
- 1M
- -18.15%
- YTD
- -42.11%
- 6M
- -48.01%
- 1Y
- -26.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. PLTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -20.26% | 35.28% |
PLTW PLTR WeeklyPay™ ETF | -42.11% | 36.30% |
Correlation
The correlation between TSLW and PLTW is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.36 |
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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 | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.97 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.51 | +0.64 |
| Martin ratioReturn relative to average drawdown | 0.29 | -0.98 | +1.27 |
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Drawdowns
TSLW vs. PLTW - Drawdown Comparison
The maximum TSLW drawdown since its inception was -35.80%, smaller than the maximum PLTW drawdown of -52.65%. Use the drawdown chart below to compare losses from any high point for TSLW and PLTW.
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Drawdown Indicators
| TSLW | PLTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -52.65% | +16.85% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | -52.65% | +16.85% |
Current DrawdownCurrent decline from peak | -28.14% | -52.65% | +24.51% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -23.35% | +9.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.51% | 27.25% | -10.74% |
Volatility
TSLW vs. PLTW - Volatility Comparison
The current volatility for Roundhill TSLA WeeklyPay™ ETF (TSLW) is 17.21%, while PLTR WeeklyPay™ ETF (PLTW) has a volatility of 23.13%. This indicates that TSLW experiences smaller price fluctuations and is considered to be less risky than PLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLW | PLTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.21% | 23.13% | -5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 34.09% | 46.72% | -12.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.51% | 61.56% | -8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.04% | 74.29% | -18.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.04% | 74.29% | -18.25% |
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 96.06%, less than PLTW's 151.83% yield.
| Position | TTM | 2025 |
|---|---|---|
PLTW PLTR WeeklyPay™ ETF | 151.83% | 72.40% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 96.06% | 49.31% |
Frequently Asked Questions
TSLW and PLTW have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTW has higher volatility (23.13%) compared to TSLW (17.21%). In terms of maximum drawdown, TSLW dropped -35.80% vs PLTW's -52.65%.
On 1-year performance, TSLW leads with 4.70% vs -26.59% for PLTW. Both ETFs have the same 0.99% expense ratio. On volatility, TSLW has been the lower-risk option at 17.21%. 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 4.70% return vs -26.59%. 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 151.83%, compared with 96.06% for TSLW.
TSLW currently has the higher Sharpe Ratio (0.09 vs -0.43), 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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