PLTY vs XTAP
YieldMax PLTR Option Income Strategy ETF vs Innovator US Equity Accelerated Plus ETF - April
Which is better, PLTY or XTAP?
Each has led over a different period.
XTAP has a lower expense ratio. PLTY led over the full window, XTAP 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 | PLTY | XTAP |
|---|---|---|
| Expense Ratio | 1.07% | 0.79%Best |
| AUM | $387M | $19M |
| Dividend Yield | 79.70% | 0.00% |
| Holdings | 34 | 21 |
| YTD Return | +20.52%Best | +15.35% |
| 1Y Return | +13.11% | +18.72%Best |
| 3Y Return (annualized) | - | +17.99% |
| 5Y Return (annualized) | - | +11.00% |
| Volatility (annualized) | 53.0% | 5.8%Best |
| Max Drawdown | -41.4% | -11.8%Best |
| $10,000 over 2 years | $30,405Best | $13,936 |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 7, 2024 | Mar 31, 2021 |
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 14, 2026 (2 years).
PLTY vs XTAP 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 covers the 2 years both funds cover.
PLTY vs XTAP Performance
YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF from YieldMax ETF and Innovator US Equity Accelerated Plus ETF - April (XTAP) is an ETF from Innovator ETFs Trust. Over the past year PLTY returned +13.11% while XTAP returned +18.72%. Year to date, PLTY is up 20.52% versus a gain of 15.35% for XTAP.
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 5.8% for XTAP. 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 -11.8% for XTAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.12. They move largely independently of each other.
Fees and Cost Over Time
PLTY charges 1.07% per year while XTAP 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 XTAP.
Holdings Overlap
We hold position weights for 1 holding in PLTY and 1 in XTAP, totalling 40.5% and 102.5% 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 PLTY and 1 in XTAP, against full books of 34 and 21.
You are not choosing between two funds in isolation.
Whichever of PLTY and XTAP 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 XTAP?
PLTY has an expense ratio of 1.07% while XTAP charges 0.79%. XTAP is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, PLTY or XTAP?
Over the past year PLTY returned +13.11% vs +18.72% for XTAP, so XTAP leads on 1-year performance. Over the longest common window we track (2 years), PLTY annualized +74.37% vs +18.05% for XTAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PLTY or XTAP?
PLTY has been the more volatile fund at 53.0% annualized versus 5.8% for XTAP. Worst drawdown: PLTY -41.4% vs XTAP -11.8%.
Should I hold both PLTY and XTAP?
PLTY and XTAP have a monthly-return correlation of 0.12, 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 XTAP?
PLTY yields 79.70% while XTAP yields 0.00%, so PLTY currently pays the higher dividend yield.
Is XTAP better than PLTY?
XTAP has a lower expense ratio. PLTY led over the full window, XTAP over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.