EALT vs PLTY
Innovator US Equity 5 to 15 Buffer ETF - Quarterly vs YieldMax PLTR Option Income Strategy ETF
Which is better, EALT or PLTY?
PLTY has been ahead.
EALT has a lower expense ratio. PLTY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EALT | PLTY |
|---|---|---|
| Expense Ratio | 0.69%Best | 1.07% |
| AUM | $182M | $374M |
| Dividend Yield | 0.00% | 78.09% |
| Holdings | 23 | 34 |
| YTD Return | +4.54% | +24.09%Best |
| 1Y Return | +6.42% | +13.56%Best |
| 3Y Return (annualized) | +12.67% | - |
| Volatility (annualized) | 8.9%Best | 53.0% |
| Max Drawdown | -14.8%Best | -41.4% |
| $10,000 over 2 years | $11,705 | $31,545Best |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Oct 7, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 8, 2024 to Oct 9, 2026 (2 years).
EALT vs PLTY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
EALT vs PLTY Performance
Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) is an ETF from Innovator ETFs Trust and YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF from YieldMax ETF. Over the past year EALT returned +6.42% while PLTY returned +13.56%. Year to date, EALT is up 4.54% versus a gain of 24.09% for PLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PLTY has been the more volatile fund, with annualized monthly volatility of 53.0% compared with 8.9% for EALT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.8% for EALT and -41.4% for PLTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
EALT charges 0.69% per year while PLTY charges 1.07%. On a $10,000 position that is $69 vs $107 annually, a gap of $38 per year that compounds over a long holding period. On income, EALT currently yields 0.00% against 78.09% for PLTY.
Holdings Overlap
We hold position weights for 1 holding in EALT and 2 in PLTY, totalling 99.8% and 27.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in EALT and 2 in PLTY, against full books of 23 and 34.
You are not choosing between two funds in isolation.
Whichever of EALT and PLTY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EALT or PLTY?
EALT has an expense ratio of 0.69% while PLTY charges 1.07%. EALT is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, EALT or PLTY?
Over the past year EALT returned +6.42% vs +13.56% for PLTY, so PLTY leads on 1-year performance. Over the longest common window we track (2 years), EALT annualized +8.19% vs +77.61% for PLTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EALT or PLTY?
PLTY has been the more volatile fund at 53.0% annualized versus 8.9% for EALT. Worst drawdown: EALT -14.8% vs PLTY -41.4%.
Should I hold both EALT and PLTY?
EALT and PLTY have a monthly-return correlation of 0.21, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EALT or PLTY?
EALT yields 0.00% while PLTY yields 78.09%, so PLTY currently pays the higher dividend yield.
Is PLTY better than EALT?
EALT has a lower expense ratio. PLTY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.