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PLTA vs PLTU

ProShares Ultra PLTR

PLTABNYSE Arca

Direxion Daily PLTR Bull 2X Shares

PLTUBNasdaq

Overlap

Expense ratio

PLTA −0.02pt a year

PLTA0.95%PLTU0.97%

Avg volume · 30D

PLTU 42.1×the volume

PLTA56.1KPLTU2.36M

PLTA vs PLTU Performance

Oct 31, 2025 – Oct 30, 2026

−47.8%PLTA−46.0%PLTU

Oct 31, 2025 to Oct 30, 2026. PLTA −47.8%. PLTU −46.0%. Use the arrow keys to read each point.−80%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
PLTA 0.95%, better
PLTU 0.97%
Fund size
PLTA $5M
PLTU $375M
1Y total return
PLTA −47.8%
PLTU −46.0%, better
Yield (12M)
PLTA No data
PLTU 32.31%
Holdings
PLTA 1
PLTU 10
Avg volume (30D)
PLTA 56.1K sh
PLTU 2.36M sh, better
NAV per share
PLTA $20.01
PLTU $60.75
52W range

ETF.net Grade

PLTA: Cost 64, Risk 36, Mission 95, Tradability 50, Holdings not scored, Durability 49. PLTU: Cost 52, Risk 41, Mission 89, Tradability 61, Holdings not scored, Durability 77.
Pillar letters and Scores for PLTA, PLTU, with each pillar’s weight
PillarPLTAPLTU
Cost30% weightB64HigherC52
Mission25% weightA95HigherA89
Risk15% weightD36C41Higher
Tradability15% weightC50B61Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49A77Higher

Rank among 2x Long Palantir (PLTR) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PLTA and PLTU are both graded against the same 7 2x Long Palantir (PLTR) funds, so their Grades compare head to head.

2x Long Palantir (PLTR)⁠

Category · 7 funds
See all 7 ›

PLTA ranks 2nd and PLTU 3rd of 7 funds in the 2x Long Palantir (PLTR) Category.

  1. Rank 1APLTGLeverage Shares 2x Long PLTR Daily ETFScore 70
  2. Rank 2BPLTAProShares Ultra PLTRScore 64
  3. Rank 3BPLTUDirexion Daily PLTR Bull 2X SharesScore 63
  4. Rank 4BPLTWRoundhill PLTR WeeklyPay ETFScore 60

Our read on each fund

ETF.net Research

PLTABProShares Ultra PLTR

PLTUBDirexion Daily PLTR Bull 2X Shares

In short

PLTA The geared-ETF old guard showing up to the crowded 2x Palantir party: PLTA aims for twice PLTR's daily move, resets every close, and costs 0.95% net of a waiver through September 30, 2027.

PLTU Palantir 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

PLTA The fund seeks daily results, before fees and expenses, equal to twice the daily performance of Palantir Technologies Inc.'s Class A common stock.

PLTU 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

  • PLTA Does one job: twice PLTR's daily move before fees, reset at each close. Among 2x Palantir funds, one of the closer trackers of its own stated mandate.proshares.com
  • 0.95% net of a waiver through September 30, 2027 undercuts Direxion's PLTU (0.97%) and GraniteShares' PTIR (1.04%), and lands near the category median.
  • Magnified exposure from a plain brokerage account: one ticker, no margin agreement, none of the margin-call mechanics that come with borrowing to lever up.proshares.com
  • ProShares bills itself as the world's leader in geared investing; PLTA came in a 2025 batch of 2x single-stock funds alongside Coinbase, Nvidia and Tesla versions.proshares.com
  • PLTU 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

  • PLTA The 2x target is a one-day target. Held longer, daily compounding in a stock as jumpy as PLTR can push results above or below 2x the period move.proshares.com
  • Price is not the edge here: Leverage Shares' PLTG runs the same 2x daily PLTR mandate at 0.78%, with no waiver in the picture.
  • Launched September 2025 and still a small, moderately traded fund, so trading costs and a short track record are part of the deal.
  • PLTU 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.

Full PLTA profile⁠

Full PLTU profile⁠

PLTA vs PLTU Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PLTA vs PLTU Cost

Overpaying PLTU vs PLTA

$329

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

  • PLTA 0.95%

    $17,869

  • PLTU 0.97%

    $18,198

$10,000
30 years

Cost over time

  • PLTA 0.95%
  • PLTU 0.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PLTU $18,198PLTA $17,869

Year by year

YearPLTAPLTUOverpaying
10$1,678$1,712$34
20$6,322$6,443$121
30$17,869$18,198$329

Expense ratio

  • 0.95%PLTA, cheaper
  • 0.97%PLTU
  • Middle half of 2x Long Palantir (PLTR) funds
  • Median 0.97%

PLTA 3rd cheapest of 7 funds

PLTU 4th cheapest of 7 funds

PLTA vs PLTU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PLTA No data
PLTU 32.31%
Payout (12M)
PLTA No data
PLTU $17.13
Last payment
PLTA $0.13
PLTU $0.22
Ex-dividend
PLTA Sep 23, 2026
PLTU Sep 22, 2026
Paid on
PLTA Sep 29, 2026
PLTU Sep 29, 2026
Frequency
PLTA Quarterly
PLTU Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

PLTAQuarterly · 4 paymentsAll PLTA payments⁠
One bar per payment. 4 payments from 2024 to 2026 YTD. Dec 24, 2025 $0.22; Mar 25, 2026 $0.13; Jun 24, 2026 $0.07; Sep 23, 2026 $0.13. Use the arrow keys to read each point.$0$102026YTD
PLTUQuarterly · 9 paymentsAll PLTU payments⁠
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.$0$102026YTD

PLTA vs PLTU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PLTA 134.4%since Oct 2025PLTU 122.0%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
PLTA 0.14since Oct 2025PLTU 0.83since Jan 2025
Worst fallMax drawdown, 5 years
PLTA −80.0%since Sep 2025PLTU −79.7%since Dec 2024
Market sensitivityBeta, 5 years
PLTA 0.54PLTU 0.85

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