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Launched

GraniteShares 2x Long PLTR Daily ETF

PTIRNasdaqGraniteSharesCThis 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.

$13.80−3.36 (−19.58%)

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

C51/ 100

Rank 5 of 7 in 2x Long Palantir (PLTR)

C51/100Rank 5 of 7in2x Long Palantir (PLTR)
Intraday session: down, 79 prints from 17.16 to 13.80. Range 13.65 to 15.69. Use the arrow keys to read each point.15.0016.0010 AM12 PM2 PM4 PM
Expense ratio
1.58%*
Fund size
$243M
1Y total return
−56.1%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
3.93M sh
52W range
low $7.84high $35.33
Launched

*After a fee waiver that ends Dec 31, 2027. Without it: 1.60%.

The ETF.net PTIR Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
2x Long Palantir (PLTR)⁠
Rank
5 of 7
Six-pillar profile for PTIR. Scores out of 100: Cost 8, Risk 40, Mission 88, Tradability 84, Holdings not scored, Durability 71. Strongest: Mission (88). Weakest: Cost (8). Based on 5 of 6 pillars.

Score 51 of 100 falls in the C 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.
    F8 out of 100
    Rank 7 of 7

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A88 out of 100
    Rank 5 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.
    A84 out of 100
    Rank 1 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.
    A71 out of 100
    Rank 2 of 7

Our read on PTIR

ETF.net Research

In short

CA single-stock speed dial: PTIR aims to deliver twice Palantir's daily move, then resets each morning. GraniteShares has run it since 2024, and it trades heavily for a leveraged single-stock fund.

Stated mandate

The Fund seeks daily investment results equal to twice the daily percentage change of Palantir Technologies Inc., before fees and expenses.

Why people hold it

  • Built for one job: match twice PLTR's daily percentage change. Its day-to-day tracking of that target has been among the tighter marks in the 2x Palantir group.
  • Heavily traded for a single-stock leveraged fund, which is what you want in a product designed to be judged one session at a time.
  • Live since 2024 with real scale behind it, in a corner of the market where thin, short-lived listings are common.

Worth knowing

  • Compounding, not multiplication. Hold past a day and the result depends on PLTR's path, and choppy stretches can leave you short of 2x.
  • The 1.04% fee is the middle of the 2x PLTR pack. PLTG (0.75%) and PLTU (0.97%) run the same daily 2x mandate for less.
  • One stock, doubled. There is no diversification here, so a rough Palantir session lands twice as hard.

PTIR Performance

Launched Sep 3, 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.
PTIR$4,385
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. PTIR $4,385. 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 PTIR. Periods over one year show the average yearly return.
PeriodPTIR
Year to date−48.4%
1 month−36.0%
3 months−12.9%
1 year−56.1%
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 PTIR
YearReturn barPTIR
2026 YTD−48.4%
2025+222.0%
2024+427.1%

History from Sep 4, 2024

PTIR in the news

PTIR Dividends

Last payment
$1.55 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 29, 2025 $1.55. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 31, 2025$1.55

$10,000 in PTIR 1 year ago paid $542 in dividends.

PTIR 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.
147.1%
Annualised · 25 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.
1.22
vs 3-month T-bills · 25 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.
−79.3%
26 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.
2.34
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.

PTIR Cost

Compare PTIR and PLTL

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

$23,249

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

  • PTIR 1.58%

    $27,404

  • PLTL 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • PTIR 1.58%
  • PLTL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530PTIR $27,404PLTL $4,155

Year by year

YearPTIRPLTLOverpaying
10$2,719$365$2,354
20$9,959$1,421$8,538
30$27,404$4,155$23,249
How the 1.58% is worked out

Full fee 1.60%− waiver 0.02%= you pay 1.58%

The waiver ends Dec 31, 2027. After that the fee is 1.60% unless GraniteShares renews it. Source: prospectus, Oct 2026.

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