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Launched · SEC filings

Daily Target 2X Short PLTR ETF

PLTZNasdaqBThis 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.

$6.31+0.01 (+0.16%)

At close: Oct 13, 2026, 4:00 PM

B67/ 100

Rank 18 of 58 in Single-Stock Inverse

B67/100Rank 18 of 58inSingle-Stock Inverse
Intraday session: up, 79 prints from 6.30 to 6.31. Range 6.22 to 6.47. Use the arrow keys to read each point.6.256.356.406.4510 AM12 PM2 PM4 PM
Expense ratio
1.31%
Fund size
$26M
1Y total return
−79.0%
Yield · Last 12 months
—
Holdings
3
Avg volume · 30D
2.7M sh
NAV per share
$6.29
52W range
low $6.07high $43.79
Launched
Filings
SEC EDGAR

The ETF.net PLTZ Grade

Based on 5 of 6 pillars

B

Score 67 out of 100

Category
Single-Stock Inverse⁠
Rank
18 of 58
Six-pillar profile for PLTZ. Scores out of 100: Cost 62, Risk 44, Mission 95, Tradability 60, Holdings not scored, Durability 62. Strongest: Mission (95). Weakest: Risk (44). Based on 5 of 6 pillars.

Score 67 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.
    B62 out of 100
    Rank 20 of 58

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 15 of 32

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 30 of 52

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B60 out of 100
    Rank 17 of 58

  • 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.
    B62 out of 100
    Rank 15 of 58

Our read on PLTZ

ETF.net Research

BA one-ticker way to lean against Palantir. PLTZ aims to deliver two times the inverse of PLTR's daily move using swaps and options, no margin account or stock borrow required. Built for the trading day, then reset.

Stated mandate

The Fund seeks daily investment results equal to two times the inverse of the daily percentage change in Palantir Technologies Inc. common stock, using swaps and/or listed options.

Why people hold it

  1. 01Targets two times the inverse of Palantir's daily move via swaps and options, so a leveraged bearish position takes one ticket instead of a margin account and a borrow.defianceetfs.com
  2. 02Day-to-day results have hugged the stated daily target closely, one of the tighter implementations among inverse single-stock funds.
  3. 03The 1.29% expense ratio sits right at the median for leveraged single-stock funds, and it changes hands actively for a fund this small.

Worth knowing

  1. 01The leverage resets every day. Hold longer and compounding takes over: in choppy markets, a multi-week result can look nothing like -2x the stock's move over that stretch.defianceetfs.com
  2. 02Cheaper 2x bear single-stock funds exist on other names (MSTZ at 1.05%, TSDD at 1.13%), so the Palantir wrapper costs a bit more.
  3. 03Launched in 2025 with a small asset base and no distributions, so the track record is short and any return comes from price alone.

PLTZ Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
3
Top-10 weight
300%
Largest holding
Cash & Other249.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cash & Other249.07%75,170,097$75M672
002—United States Treasury Bill 11/19/202647.92%14,520,000$14M56
003—First American Government Obligations Fund 12/01/20312.95%891,701$892K529

Showing 1–3 of 3 holdings

PLTZ Performance

Launched Jun 5, 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.
PLTZ$2,103
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. PLTZ $2,103. SPY $12,044. Use the arrow keys to read each point.$1,154$7,986$14,817Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 PLTZ. Periods over one year show the average yearly return.
PeriodPLTZ
Year to date−74.6%
1 month−37.5%
3 months−78.8%
1 year−79.0%
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 PLTZ
YearReturn barPLTZ
2026 YTD−74.6%
2025−64.4%

History from Jun 6, 2025

PLTZ in the news

Filtered to PLTZ · Single-Stock Inverse

PLTZ Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

PLTZ 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.
113.5%
Annualised · 15 months to Sep 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.
−0.72
vs 3-month T-bills · 15 months to Sep 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.
−91.0%
16 months · trough Oct 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.
−1.36
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.

PLTZ Cost

Expense ratio1.31%
  • The middle half of Single-Stock Inverse funds
  • Median 1.35%

19 of the 43 Single-Stock Inverse funds charge less.

PLTZ costs $131.00 a year on $10,000. The median Single-Stock Inverse fund costs $135.00.

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