PLTY vs UNOV
YieldMax PLTR Option Income Strategy ETF vs Innovator US Equity Ultra Buffer ETF - November
Which is better, PLTY or UNOV?
PLTY has been ahead.
UNOV 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 | PLTY | UNOV |
|---|---|---|
| Expense Ratio | 1.07% | 0.79%Best |
| AUM | $387M | $107M |
| Dividend Yield | 79.70% | 0.00% |
| Holdings | 34 | 18 |
| YTD Return | +21.33%Best | +9.35% |
| 1Y Return | +13.89%Best | +11.03% |
| 3Y Return (annualized) | - | +10.42% |
| 5Y Return (annualized) | - | +7.35% |
| Volatility (annualized) | 53.0% | 6.1%Best |
| Max Drawdown | -41.4% | -9.1%Best |
| $10,000 over 2 years | $30,562Best | $12,270 |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 7, 2024 | Nov 1, 2019 |
Not shown on this pair: 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 15, 2026 (2 years).
PLTY vs UNOV 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.
PLTY vs UNOV Performance
YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF from YieldMax ETF and Innovator US Equity Ultra Buffer ETF - November (UNOV) is an ETF from Innovator ETFs Trust. Over the past year PLTY returned +13.89% while UNOV returned +11.03%. Year to date, PLTY is up 21.33% versus a gain of 9.35% for UNOV.
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 6.1% for UNOV. 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 -41.4% for PLTY and -9.1% for UNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
PLTY charges 1.07% per year while UNOV charges 0.79%. On a $10,000 position that is $107 vs $79 annually, a gap of $28 per year that compounds over a long holding period. On income, PLTY currently yields 79.70% against 0.00% for UNOV.
You are not choosing between two funds in isolation.
Whichever of PLTY and UNOV 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, PLTY or UNOV?
PLTY has an expense ratio of 1.07% while UNOV charges 0.79%. UNOV is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, PLTY or UNOV?
Over the past year PLTY returned +13.89% vs +11.03% for UNOV, so PLTY leads on 1-year performance. Over the longest common window we track (2 years), PLTY annualized +74.82% vs +10.77% for UNOV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PLTY or UNOV?
PLTY has been the more volatile fund at 53.0% annualized versus 6.1% for UNOV. Worst drawdown: PLTY -41.4% vs UNOV -9.1%.
Should I hold both PLTY and UNOV?
PLTY and UNOV have a monthly-return correlation of 0.18, 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, PLTY or UNOV?
PLTY yields 79.70% while UNOV yields 0.00%, so PLTY currently pays the higher dividend yield.
Is UNOV better than PLTY?
UNOV 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.