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Launched

Daily Target 2X Long PL ETF

PLUCboeDefianceDThis 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.

$2.62−0.19 (−6.93%)

At close: Nov 2, 2026, 4:00 PM ET

D31/ 100

Rank 317 of 380 in Single-Stock Long Leveraged

D31/100Rank 317 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 2.81 to 2.62. Range 2.59 to 2.86. Use the arrow keys to read each point.2.652.702.752.8510 AM12 PM2 PM4 PM
Expense ratio
1.42%
Fund size
$5M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
9
Avg volume · 30D
217K sh
52W range
low $2.58high $71.00
Launched

The ETF.net PLU Grade

Based on 5 of 6 pillars

D

Score 31 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
317 of 380
Six-pillar profile for PLU. Scores out of 100: Cost 20, Risk 34, Mission 93, Tradability 44, Holdings not scored, Durability 56. Strongest: Mission (93). Weakest: Cost (20). Based on 5 of 6 pillars.

Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
31
This cap took
0
Published Score
31 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F20 out of 100
    Rank 303 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 53 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 258 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 224 of 380

  • 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.
    B56 out of 100
    Rank 150 of 380

Our read on PLU

ETF.net Research

In short

DThe first 2X daily ETF on Planet Labs, the satellite outfit that photographs the whole Earth every day. It aims for twice PL's daily percentage move and resets at every close, one trading day at a time.

Stated mandate

The Fund seeks daily investment results equal to two times the daily percentage change in Planet Labs PBC’s share price, before fees and expenses. It is designed for short-term use and does not target results over periods longer than one trading day.

Why people hold it

  • Packages 2X daily exposure to Planet Labs in plain ETF shares, so a geospatial-data trade needs no margin account and no options chain.nasdaq.com
  • Does what it says on the tin: swaps sized to twice PL's daily percentage change, and the fund has tracked that one-day target closely since launch.defianceetfs.com
  • Built in the standard 1940 Act ETF wrapper, so the position trades in an ordinary brokerage account through the day like any other share.defianceetfs.com

Worth knowing

  • The 1.42% fee sits above the category median and well above 2X single-stock peers like TSMG at 0.76% and OKTG at 0.75%.
  • Daily reset means multi-day results depend on the path PL takes, not just the destination; choppy stretches can grind value down even if the stock round-trips.defianceetfs.com
  • Young fund (2026 launch), small asset base, moderate trading volume, and a single small-cap reference: no diversification cushion here.

PLU Performance

Launched Jan 6, 2026

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.Not enough history yet.Not enough history yet.
PLU$3,251
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,093
Jul 31, 2026 to Nov 2, 2026. PLU $3,251. SPY $10,093. Use the arrow keys to read each point.$5,000$10,000Jul 2026Sep 2026Nov 2026

Jul 31, 2026 – Nov 2, 2026

Returns run to the Nov 2, 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 PLU. Periods over one year show the average yearly return.
PeriodPLU
Year to dateFund launched this yearNo data
1 month−49.2%
3 months−67.5%
1 yearFund is under 1 year oldNo data
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 PLU
YearReturn barPLU
2026 YTD−87.9%

History from Jan 7, 2026

PLU in the news

PLU 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 2, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Jan 2026. No distributions yet.

PLU Risk

Risk pillarD34 out of 100Rank 258 of 368 in Single-Stock Long Leveraged

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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
Launched Jan 2026; fills in after 12 months
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.
6.70
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.

PLU Cost

Compare PLU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$20,982

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

  • PLU 1.42%

    $25,137

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • PLU 1.42%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530PLU $25,137GOGL $4,155

Year by year

YearPLUGOGLOverpaying
10$2,460$365$2,095
20$9,074$1,421$7,653
30$25,137$4,155$20,982

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