TYD vs. PLTG

Last updated Jun 3, 2026

TYD (Direxion Daily 7-10 Year Treasury Bull 3X) and PLTG (Leverage Shares 2X Long PLTR Daily ETF) are both exchange-traded funds - TYD is a Leveraged Bonds fund tracking the NYSE 7-10 Year Treasury Bond Index, while PLTG is a Leveraged Equities fund actively managed by Leverage Shares. TYD is passively managed, while PLTG is actively managed. Over the past year, TYD returned 1.17% vs -11.74% for PLTG. At a 0.01 correlation, their price movements are largely independent. TYD charges 1.09%/yr vs 0.75%/yr for PLTG.

Performance

TYD vs. PLTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily 7-10 Year Treasury Bull 3X (TYD) 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, TYD achieves a -5.40% return, which is significantly higher than PLTG's -39.12% return.

TYD

• 1D: 0.13%
• 1M: -1.42%
• YTD: -5.40%
• 6M: -7.08%
• 1Y: 1.17%
• 3Y*: -4.80%
• 5Y*: -12.47%
• 10Y*: -4.63%

PLTG

• 1D: -10.19%
• 1M: 7.35%
• YTD: -39.12%
• 6M: -35.96%
• 1Y: -11.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TYD vs. PLTG - Yearly Performance Comparison

	2026 (YTD)	2025
TYD Direxion Daily 7-10 Year Treasury Bull 3X	-5.40%	3.59%
PLTG Leverage Shares 2X Long PLTR Daily ETF	-39.12%	86.53%

Correlation

The correlation between TYD and PLTG is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.01

Return for Risk

TYD vs. PLTG — Risk / Return Rank

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

TYD

TYD Risk / Return Rank: 9
TYD Sharpe Ratio Rank: 10
TYD Sortino Ratio Rank: 9
TYD Omega Ratio Rank: 9
TYD Calmar Ratio Rank: 9
TYD Martin Ratio Rank: 9

PLTG

PLTG Risk / Return Rank: 9
PLTG Sharpe Ratio Rank: 7
PLTG Sortino Ratio Rank: 13
PLTG Omega Ratio Rank: 13
PLTG Calmar Ratio Rank: 7
PLTG 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.

TYD vs. PLTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) 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.

	TYD	PLTG	Difference
Sharpe ratio Return per unit of total volatility	0.08	-0.12	+0.20
Sortino ratio Return per unit of downside risk	0.22	0.55	-0.33
Omega ratio Gain probability vs. loss probability	1.02	1.07	-0.05
Calmar ratio Return relative to maximum drawdown	0.02	-0.17	+0.19
Martin ratio Return relative to average drawdown	0.05	-0.30	+0.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TYD vs. PLTG - Sharpe Ratio Comparison

The current TYD Sharpe Ratio is 0.08, which is higher than the PLTG Sharpe Ratio of -0.12. The chart below compares the historical Sharpe Ratios of TYD and PLTG, 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

	TYD	PLTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	-0.12	+0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.23	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.12	-0.06

Drawdowns

TYD vs. PLTG - Drawdown Comparison

The maximum TYD drawdown since its inception was -64.28%, smaller than the maximum PLTG drawdown of -69.02%. Use the drawdown chart below to compare losses from any high point for TYD and PLTG.

Drawdown Indicators

	TYD	PLTG	Difference
Max Drawdown Largest peak-to-trough decline	-64.28%	-69.02%	+4.74%
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	-69.02%	+55.48%
Max Drawdown (3Y) Largest decline over 3 years	-25.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.28%	—	—
Current Drawdown Current decline from peak	-58.89%	-58.63%	-0.26%
Average Drawdown Average peak-to-trough decline	-21.94%	-30.24%	+8.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.92%	39.94%	-35.02%

Volatility

TYD vs. PLTG - Volatility Comparison

The current volatility for Direxion Daily 7-10 Year Treasury Bull 3X (TYD) is 4.26%, while Leverage Shares 2X Long PLTR Daily ETF (PLTG) has a volatility of 33.74%. This indicates that TYD experiences smaller price fluctuations and is considered to be less risky than PLTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYD	PLTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	33.74%	-29.48%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	76.63%	-66.96%
Volatility (1Y) Calculated over the trailing 1-year period	14.13%	102.15%	-88.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.98%	105.39%	-82.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.37%	105.39%	-85.02%

TYD vs. PLTG - Expense Ratio Comparison

TYD has a 1.09% expense ratio, which is higher than PLTG's 0.75% expense ratio.

Dividends

TYD vs. PLTG - Dividend Comparison

TYD's dividend yield for the trailing twelve months is around 3.20%, less than PLTG's 29.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLTG Leverage Shares 2X Long PLTR Daily ETF	29.79%	18.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.20%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%

Frequently Asked Questions

Can I hold both TYD and PLTG in my portfolio?

TYD and PLTG have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TYD or PLTG?

PLTG has higher volatility (33.74%) compared to TYD (4.26%). In terms of maximum drawdown, TYD dropped -64.28% vs PLTG's -69.02%.

Which ETF is better, TYD or PLTG?

On 1-year performance, TYD leads with 1.17% vs -11.74% for PLTG. On fees, PLTG is cheaper at 0.75% per year. On volatility, TYD has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TYD or PLTG?

Over the 1-year period, TYD has performed better with a 1.17% return vs -11.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TYD or PLTG?

PLTG is cheaper with a 0.75% expense ratio, compared with 1.09% for TYD.

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

PLTG has the higher dividend yield at 29.79%, compared with 3.20% for TYD.

What is the main difference between TYD and PLTG?

TYD is categorized as Leveraged Bonds, while PLTG is Leveraged Equities. They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.09% for TYD and 0.75% for PLTG.

Which has better risk-adjusted returns?

TYD currently has the higher Sharpe Ratio (0.08 vs -0.12), 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.