PTIR vs SPY
GraniteShares 2x Long PLTR Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, PTIR or SPY?
Leverage Strategy against Large Cap Blend.
SPY has a lower expense ratio. PTIR led over the full window, SPY over 1Y.
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 | PTIR | SPY |
|---|---|---|
| Expense Ratio | 1.04% | 0.09%Best |
| AUM | $352M | $804.7B |
| Dividend Yield | 7.25% | 0.98% |
| Holdings | 2 | 505 |
| YTD Return | -6.65% | +12.99%Best |
| 1Y Return | -28.45% | +16.73%Best |
| 3Y Return (annualized) | - | +22.52% |
| 5Y Return (annualized) | - | +13.07% |
| Volatility (annualized) | 149.3% | 12.6%Best |
| Max Drawdown | -79.4% | -18.8%Best |
| $10,000 over 2.1 years | $149,217Best | $14,389 |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Blend |
| Inception | Sep 3, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 4, 2024 to Sep 23, 2026 (2.1 years).
PTIR vs SPY 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.
PTIR vs SPY Performance
GraniteShares 2x Long PLTR Daily ETF (PTIR) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year PTIR returned -28.45% while SPY returned +16.73%. Year to date, PTIR is down 6.65% versus a gain of 12.99% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTIR has been the more volatile fund, with annualized monthly volatility of 149.3% compared with 12.6% for SPY. 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 -79.4% for PTIR and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.23. They move largely independently of each other.
Fees and Cost Over Time
PTIR charges 1.04% per year while SPY charges 0.09%. On a $10,000 position that is $104 vs $9 annually, a gap of $95 per year that compounds over a long holding period. On income, PTIR currently yields 7.25% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of PTIR and SPY 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, PTIR or SPY?
PTIR has an expense ratio of 1.04% while SPY charges 0.09%. SPY is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, PTIR or SPY?
Over the past year PTIR returned -28.45% vs +16.73% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), PTIR annualized +262.21% vs +18.92% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PTIR or SPY?
PTIR has been the more volatile fund at 149.3% annualized versus 12.6% for SPY. Worst drawdown: PTIR -79.4% vs SPY -18.8%.
Should I hold both PTIR and SPY?
PTIR and SPY have a monthly-return correlation of 0.23, 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, PTIR or SPY?
PTIR yields 7.25% while SPY yields 0.98%, so PTIR currently pays the higher dividend yield.
Is SPY better than PTIR?
SPY has a lower expense ratio. PTIR led over the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.