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PTIR

GradeBNASDAQ Global Market

GraniteShares 2x Long PLTR Daily ETF

Leveraged · Single-Stock Leveraged · GraniteShares · Inception 2024-09-03

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.

$22.21+1.57 (+7.61%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Sep 4, 2024.
Intraday session: up, 69 prints from 20.64 to 22.21. Range 20.77 to 22.45. Use the arrow keys to read each point.$21.00$21.50$22.00$22.5010 AM12 PM2 PM4 PM
Expense ratio
1.04%
Fund size
$347M
1Y return
−30.8%
Yield · Last 12 months
Data unavailable
Holdings
2
Volume · 30D
4.8M sh
NAV per share
$20.25
52W range
low $7.84high $40.78

The ETF.net PTIR Grade

B

61/ 100

Rank 4 of 7 in 2x Long Palantir (PLTR)⁠

Confidence Medium

Six-pillar profile for PTIR. Scores out of 100: Cost 38, Risk 40, Mission 88, Tradability 85, Holdings not scored, Durability 69. Strongest: Mission (88). Weakest: Cost (38). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 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.
    DScore 38
    Category rank5/7 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 88
    Category rank4/6 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank6/7 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 85
    Category rank1/7 · top 14%

  • 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.
    BScore 69
    Category rank2/7 · top 29%

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

Our read on PTIR

ETF.net Research

BA 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

  1. 01Built 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.
  2. 02Heavily traded for a single-stock leveraged fund, which is what you want in a product designed to be judged one session at a time.
  3. 03Live since 2024 with real scale behind it, in a corner of the market where thin, short-lived listings are common.

Worth knowing

  1. 01Compounding, not multiplication. Hold past a day and the result depends on PLTR's path, and choppy stretches can leave you short of 2x.
  2. 02The 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.
  3. 03One stock, doubled. There is no diversification here, so a rough Palantir session lands twice as hard.

PTIR Holdings

As of Sep 21, 2026, 4:08 AM
Asset class
Stocks
Holdings
2
Top-10 weight
100%
Largest holding
PLTR SWAP66.7%

Sectors

  • Technology100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—PLTR SWAP66.67%3,706,002$653M1
002—US Dollars33.33%326,506,790$327M85

Showing 1–2 of 2 holdings

PTIR Performance

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

PTIR$6,918
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. PTIR $6,918. SPY $11,723. Use the arrow keys to read each point.$1,855$7,822$13,790Sep 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 PTIR. Periods over one year show the average yearly return.
PeriodPTIR
Year to date−22.8%
1 month+2.8%
3 months+107.0%
1 year−30.8%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 PTIR
YearReturn barPTIR
2026 YTD−22.8%
2025+222.0%
2024+427.1%

History from Sep 4, 2024

PTIR in the news

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

PTIR 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
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

PTIR 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.
152.2%
Annualised · 23 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.
1.31
vs 3-month T-bills · 23 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.
−79.3%
24 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.

PTIR Cost

Expense ratio1.04%
  • The middle half of 2x Long Palantir (PLTR) funds
  • Median 0.99%

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

PTIR costs $104.00 a year on $10,000. The median 2x Long Palantir (PLTR) fund costs $99.00.