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Launched

ProShares Ultra PLTR

PLTANYSE ArcaProSharesBThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$18.86−1.14 (−5.70%)

As of Nov 2, 2026, 3:57 PM ET

B64/ 100

Rank 2 of 7 in 2x Long Palantir (PLTR)

B64/100Rank 2 of 7in2x Long Palantir (PLTR)
Intraday session: down, 76 prints from 20.00 to 18.86. Range 18.86 to 20.55. Use the arrow keys to read each point.19.2519.5019.7520.2520.5010 AM12 PM2 PM4 PM
Expense ratio
0.95%*
Fund size
$5M
1Y total return
−47.8%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
56.1K sh
52W range
low $8.13high $41.93
Launched

*After a fee waiver that ends Sep 30, 2027. Without it: 1.88%.

The ETF.net PLTA Grade

Based on 5 of 6 pillars

B

Score 64 out of 100

Category
2x Long Palantir (PLTR)⁠
Rank
2 of 7
Six-pillar profile for PLTA. Scores out of 100: Cost 64, Risk 36, Mission 95, Tradability 50, Holdings not scored, Durability 49. Strongest: Mission (95). Weakest: Risk (36). Based on 5 of 6 pillars.

Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B64 out of 100
    Rank 3 of 7

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 1 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 7 of 7

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 4 of 7

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 4 of 7

Our read on PLTA

ETF.net Research

In short

BThe geared-ETF old guard showing up to the crowded 2x Palantir party: PLTA aims for twice PLTR's daily move, resets every close, and costs 0.95% net of a waiver through September 30, 2027.

Stated mandate

The fund seeks daily results, before fees and expenses, equal to twice the daily performance of Palantir Technologies Inc.'s Class A common stock.

Why people hold it

  • Does one job: twice PLTR's daily move before fees, reset at each close. Among 2x Palantir funds, one of the closer trackers of its own stated mandate.proshares.com
  • 0.95% net of a waiver through September 30, 2027 undercuts Direxion's PLTU (0.97%) and GraniteShares' PTIR (1.04%), and lands near the category median.
  • Magnified exposure from a plain brokerage account: one ticker, no margin agreement, none of the margin-call mechanics that come with borrowing to lever up.proshares.com
  • ProShares bills itself as the world's leader in geared investing; PLTA came in a 2025 batch of 2x single-stock funds alongside Coinbase, Nvidia and Tesla versions.proshares.com

Worth knowing

  • The 2x target is a one-day target. Held longer, daily compounding in a stock as jumpy as PLTR can push results above or below 2x the period move.proshares.com
  • Price is not the edge here: Leverage Shares' PLTG runs the same 2x daily PLTR mandate at 0.78%, with no waiver in the picture.
  • Launched September 2025 and still a small, moderately traded fund, so trading costs and a short track record are part of the deal.

PLTA Holdings

Asset class
Stocks
Holdings
1
Top-10 weight
100%
Largest holding
Net Other Assets (Liabilities)100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataNet Other Assets (Liabilities)100.00%4,803,157$4.8M151

Showing 1–1 of 1 holdings

PLTA Performance

Launched Sep 8, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PLTA$5,221
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PLTA $5,221. SPY $11,199. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PLTA. Periods over one year show the average yearly return.
PeriodPLTA
Year to date−28.6%
1 month−6.3%
3 months+93.6%
1 year−47.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PLTA
YearReturn barPLTA
2026 YTD−28.6%
2025+1.1%

History from Sep 10, 2025

PLTA in the news

PLTA Dividends

Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 24, 2025 $0.22; Mar 25, 2026 $0.13; Jun 24, 2026 $0.07; Sep 23, 2026 $0.13. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 23, 2026Sep 29, 2026$0.13
Jun 24, 2026Jun 30, 2026$0.07
Mar 25, 2026Mar 31, 2026$0.13
Dec 24, 2025Dec 31, 2025$0.22

$10,000 in PLTA 1 year ago paid $137 in dividends.

PLTA Risk

Risk pillarD36 out of 100Rank 7 of 7 in 2x Long Palantir (PLTR)

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
134.4%
Annualised · 13 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.14
vs 3-month T-bills · 13 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−80.0%
13 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.54
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PLTA Cost

Compare PLTA and PLTL

Overpaying vs PLTL, cheapest in 2x Long Palantir (PLTR)

$13,714

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PLTA 0.95%

    $17,869

  • PLTL 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • PLTA 0.95%
  • PLTL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PLTA $17,869PLTL $4,155

Year by year

YearPLTAPLTLOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714
How the 0.95% is worked out

Full fee 1.88%− waiver 0.93%= you pay 0.95%

The waiver ends Sep 30, 2027. After that the fee is 1.88% unless ProShares renews it. Source: prospectus, Sep 2026.

Other funds in 2x Long Palantir (PLTR)

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