PLTA vs SPY
ProShares Ultra PLTR ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PLTA | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.09% | |
| AUM | $7M | $814.4B | |
| Dividend Yield | 3.98% | 1.01% | |
| Holdings | 5 | 505 | |
| YTD Return | -12.73% | +12.87% | |
| 1Y Return | -21.66% | +21.13% | |
| 3Y Return (annualized) | - | +20.86% | |
| 5Y Return (annualized) | - | +12.69% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -80.0% | -56.5% | |
| Fund Family | ProShares | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Sep 8, 2025 | Jan 22, 1993 |
PLTA vs SPY Performance
ProShares Ultra PLTR ETF (PLTA) is a ETF from ProShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year PLTA returned -21.66% while SPY returned +21.13%. Year to date, PLTA is down 12.73% versus a gain of 12.87% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -80.0% for PLTA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
PLTA charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, PLTA currently yields 3.98% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, PLTA or SPY?
PLTA has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, PLTA or SPY?
Over the past year PLTA returned -21.66% vs +21.13% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
Which pays a higher dividend, PLTA or SPY?
PLTA yields 3.98% while SPY yields 1.01%, so PLTA currently pays the higher dividend yield.
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