PLTW vs PLYY

PLTWBRoundhill PLTR WeeklyPay ETF

PLYYDGraniteShares YieldBOOST PLTR ETF

In short

PLTW Most PLTR bull funds go 2x and reset daily. PLTW dials the amplification down to 1.2x, resets by the calendar week, and turns Palantir's volatility into a weekly cash payout instead of a capped options trade.

PLYY Most PLTR funds chase the stock's move. PLYY goes sideways: it sells put options tied to 2x long PLTR exposure and pays the premium out monthly. Income first, with the downside of a leveraged Palantir bet still in the seat.

Stated mandate

PLTW PLTW seeks weekly distributions and calendar-week returns equal to 1.2 times the calendar-week total return of Palantir common shares, before fees and expenses.

PLYY The Fund seeks current income through options strategies, primarily selling put options on leveraged ETFs tracking a 2x long PLTR exposure.

Why people hold it

• PLTW The gentlest leverage in the PLTR bull group: 1.2x the calendar-week move, against the 2x daily resets at PLTU, PTIR and PLTA.
• Cash on a weekly rhythm, set by a formula that reads Palantir's recent return and implied volatility. No covered calls selling the upside away.roundhillinvestments.com
• 0.99% expense ratio, a touch under the median for leveraged PLTR funds.
• Exposure resets once a calendar week rather than every session, and the fund tracks that weekly mandate closely.roundhillinvestments.com

• PLYY The income angle in a cohort built for amplified upside: PLYY sells puts on 2x long PLTR exposure and distributes on a monthly schedule.graniteshares.com
• One ticker does the options work. No margin account, no contracts to roll, no assignment to manage.graniteshares.com
• At 1.07%, it costs about what the straight 2x PLTR funds do (cohort median 1.04%), so the options overlay isn't priced at a premium.
• Run by GraniteShares, which also operates the 2x long PLTR fund (PTIR) the strategy is built around, so the underlying exposure is in-house.graniteshares.com

Worth knowing

• PLTW Leverage runs both directions: a 1% weekly decline in PLTR shares becomes about 1.2%, before fees. Each week compounds off a new base, so longer holds drift from 1.2x.roundhillinvestments.com
• Roundhill expects a significant portion of the payout to be return of capital, which reduces your cost basis rather than landing as taxable income that year.roundhillinvestments.com
• A 2025 launch and moderate trading volume: short history to judge, and spreads deserve a limit order rather than a market one.

• PLYY Selling puts swaps upside for premium. If Palantir rips, you collect option income rather than the run, while the downside of 2x exposure still comes through.
• Launched in 2025, and smaller and less traded than the flagship leveraged PLTR funds, so spreads can be wider. Limit orders matter here.
• Premiums rise and fall with Palantir's volatility, so the monthly payout is variable by design rather than a fixed coupon.

Full PLTW profile⁠

Full PLYY profile⁠