Skip to content

PLTU

GradeBNASDAQ

Direxion Daily PLTR Bull 2X Shares

Leveraged · Single-Stock Leveraged · Direxion · Inception 2024-12-11

This 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.

$58.86+3.66 (+6.63%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Dec 11, 2024.
Intraday session: up, 59 prints from 55.20 to 58.86. Range 55.65 to 60.05. Use the arrow keys to read each point.$56.00$57.00$58.00$60.0010 AM12 PM2 PM4 PM
Expense ratio
0.97%
Fund size
$426M
1Y return
−32.0%
Yield · Last 12 months
31.69%
Volume · 30D
2.5M sh
NAV per share
$50.47
52W range
low $21.04high $128.03

The ETF.net PLTU Grade

B

67/ 100

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

Confidence Medium

Six-pillar profile for PLTU. Scores out of 100: Cost 63, Risk 40, Mission 88, Tradability 66, Holdings not scored, Durability 76. Strongest: Mission (88). Weakest: Risk (40). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 63
    Category rank3/7 · top 43%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 88
    Category rank5/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank5/7 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 66
    Category rank2/7 · top 29%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 76
    Category rank1/7 · top 14%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on PLTU

ETF.net Research

BPalantir with the volume turned up. PLTU aims for 200% of PLTR's daily move and resets every night, so it behaves like a trading tool rather than a buy-and-hold sleeve, and it charges less than the median 2x PLTR fund.

Stated mandate

The fund seeks daily investment results equal to 200% of the performance of Palantir Technologies Inc. common shares, before fees and expenses.

Why people hold it

  1. 01Mechanically simple: 200% of Palantir's daily move, before fees, reset each session. Direxion runs the matching bear side (PLTD) if you want the other direction.direxion.com
  2. 020.97% expense ratio, below the median for the 2x PLTR shelf. Cheap is relative in leveraged land, but the gap matters most to people who trade it often.
  3. 03Has tracked its stated 200%-of-daily target closely, one of the stronger implementations among the Palantir leverage funds we cover.
  4. 04Several hundred million dollars in assets and one of the more actively traded names in the PLTR leverage group, which generally supports tighter spreads.

Worth knowing

  1. 01Daily reset means path matters. Hold through choppy stretches and the result can drift well away from twice Palantir's return over that same span.direxion.com
  2. 02One stock, doubled. A 10% down day in PLTR is roughly a 20% down day here, and there is no diversification anywhere in the wrapper.
  3. 03PLTG lists a lower fee (0.75%) on the same 2x PLTR exposure, and this one launched in December 2024, so the track record is still short.

PLTU Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
Top-10 weight
100%
Largest holding
PLTR SWAP ASSET LEG (PLTRMLL)38.7%

Sectors

  • Technology100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PLTR SWAP ASSET LEG (PLTRMLL)38.73%2,677,138$490M1
002PLTR SWAP ASSET LEG (PLTRBCL)16.62%1,148,822$210M1
003GOLDMAN FINL SQ TRSRY INST 50613.56%171,648,258$172M100
004PLTR SWAP ASSET LEG (PLTRGSL)8.83%610,387$112M1
005PLTRPALANTIR TECHNOLOGIES INC-A6.76%467,499$86M503
006DREYFUS GOVT CASH MAN INS6.34%80,260,264$80M108
007GOLDMAN SACHS FIN GOV 465 INSTITUT4.84%61,230,000$61M75
008DREYFUS TRSRY SECURITIES CASH MGMT2.87%36,323,881$36M82
009PLTR SWAP ASSET LEG (PLTRBPL)0.72%50,000$9M1
010PLTR SWAP ASSET LEG (PLTRCTL)0.72%50,000$9M1

Showing 1–10 of 10 holdings

PLTU Performance

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

PLTU$6,805
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. PLTU $6,805. SPY $11,723. Use the arrow keys to read each point.$1,874$7,370$12,865Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 PLTU. Periods over one year show the average yearly return.
PeriodPLTU
Year to date−23.4%
1 month+2.9%
3 months+107.1%
1 year−32.0%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, 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 PLTU
YearReturn barPLTU
2026 YTD−23.4%
2025+219.0%
2024+6.4%

Since listing, Dec 11, 2024

PLTU in the news

ETF.net Research hasn’t filed on PLTU yet — coverage lands here as it’s written.

PLTU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
31.69%Last 12 months
Payout per share
$17.49Last 12 months
Upcoming payment
$0.22 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 9 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.03; Mar 25, 2025 $0.11; Jun 24, 2025 $0.32; Sep 23, 2025 $0.36; Dec 10, 2025 $15.78; Dec 23, 2025 $0.56; Mar 24, 2026 $0.36; Jun 23, 2026 $0.22; Sep 22, 2026 $0.22. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.22
Jun 23, 2026Jun 30, 2026$0.22
Mar 24, 2026Mar 31, 2026$0.36
Dec 23, 2025Dec 31, 2025$0.56
Dec 10, 2025Dec 17, 2025$15.78
Sep 23, 2025Sep 30, 2025$0.36
Jun 24, 2025Jul 1, 2025$0.32
Mar 25, 2025Apr 1, 2025$0.11
Dec 23, 2024Dec 31, 2024$0.03

PLTU Risk

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.
127.4%
Annualised · 20 months to Aug 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.
0.91
vs 3-month T-bills · 20 months to Aug 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.
−79.7%
21 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.
0.85
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.

PLTU Cost

Expense ratio0.97%
  • The middle half of 2x Long Palantir (PLTR) funds
  • Median 0.99%

2 of the 7 2x Long Palantir (PLTR) funds charge less.

PLTU costs $97.00 a year on $10,000. The median 2x Long Palantir (PLTR) fund costs $99.00.