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Launched

Direxion Daily PLTR Bull 2X Shares

PLTUNasdaqDirexionBThis 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.

$36.98−9.03 (−19.63%)

At close: Nov 5, 2026, 4:00 PM ET

B62/ 100

Rank 3 of 7 in 2x Long Palantir (PLTR)

B62/100Rank 3 of 7in2x Long Palantir (PLTR)
Intraday session: down, 79 prints from 46.01 to 36.98. Range 36.60 to 42.31. Use the arrow keys to read each point.40.0042.0044.0010 AM12 PM2 PM4 PM
Expense ratio
0.97%
Fund size
$275M
1Y total return
−56.7%
Yield · Last 12 months
46.33%
Holdings
10
Avg volume · 30D
2.36M sh
52W range
low $21.04high $110.23
Launched

The ETF.net PLTU Grade

Based on 5 of 6 pillars

B

Score 62 out of 100

Category
2x Long Palantir (PLTR)⁠
Rank
3 of 7
Six-pillar profile for PLTU. Scores out of 100: Cost 52, Risk 40, Mission 89, Tradability 61, Holdings not scored, Durability 74. Strongest: Mission (89). Weakest: Risk (40). Based on 5 of 6 pillars.

Score 62 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.
    C52 out of 100
    Rank 4 of 7

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 4 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 4 of 7

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 2 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.
    A74 out of 100
    Rank 1 of 7

Our read on PLTU

ETF.net Research

In short

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

  • Mechanically 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
  • 0.97% 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.
  • Has tracked its stated 200%-of-daily target closely, one of the stronger implementations among the Palantir leverage funds we cover.
  • Several 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

  • Daily 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
  • One stock, doubled. A 10% down day in PLTR is roughly a 20% down day here, and there is no diversification anywhere in the wrapper.
  • PLTG 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 Performance

Launched Dec 11, 2024

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.
PLTU$4,333
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. PLTU $4,333. SPY $10,934. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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−48.7%
1 month−35.9%
3 months−12.7%
1 year−56.7%
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 PLTU
YearReturn barPLTU
2026 YTD−48.7%
2025+219.0%
2024+6.4%

Since listing, Dec 11, 2024

PLTU in the news

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 Nov 5, 2026.
46.33%Last 12 months
Payout per share
$17.13Last 12 months
Last payment
$0.22 per share
Paid 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, 2026Sep 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

$10,000 in PLTU 1 year ago paid $1,906 in dividends.

PLTU Risk

Risk pillarC40 out of 100Rank 4 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.
122.0%
Annualised · 22 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.
0.83
vs 3-month T-bills · 22 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.
−79.7%
22 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.

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

PLTU Cost

Compare PLTU and PLTL

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

$14,043

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

  • PLTU 0.97%

    $18,198

  • PLTL 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • PLTU 0.97%
  • 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$20K051015202530PLTU $18,198PLTL $4,155

Year by year

YearPLTUPLTLOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043

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