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PLTZ vs TSDD

Daily Target 2X Short PLTR ETF

PLTZBNasdaq

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.33pt a year

PLTZ1.31%TSDD0.98%

Avg volume · 30D

TSDD 3.1×the volume

PLTZ3.5MTSDD11M

PLTZ vs TSDD Performance

Oct 31, 2025 – Oct 30, 2026

−65.6%PLTZ−24.7%TSDD

Oct 31, 2025 to Oct 30, 2026. PLTZ −65.6%. TSDD −24.7%. Use the arrow keys to read each point.0%50%100%Oct 2025Apr 2026Oct 2026
Expense ratio
PLTZ 1.31%
TSDD 0.98%, better
Fund size
PLTZ $31M
TSDD $31M
1Y total return
PLTZ −65.6%
TSDD −24.7%, better
Yield (12M)
PLTZ No data
TSDD 10.55%
Holdings
PLTZ 3
TSDD 1
Avg volume (30D)
PLTZ 3.5M sh
TSDD 11M sh, better
NAV per share
PLTZ $7.74
TSDD $6.07
52W range

ETF.net Grade

PLTZ: Cost 49, Risk 50, Mission 95, Tradability 64, Holdings not scored, Durability 65. TSDD: Cost 94, Risk 49, Mission 98, Tradability 81, Holdings not scored, Durability 72.
Pillar letters and Scores for PLTZ, TSDD, with each pillar’s weight
PillarPLTZTSDD
Cost30% weightC49A94Higher
Mission25% weightA95A98Higher
Risk15% weightC50HigherC49
Tradability15% weightB64A81Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65A72Higher

Rank among Single-Stock Inverse funds

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

Same Category. PLTZ and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and PLTZ 18th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 17BMSTZT-REX 2X Inverse MSTR Daily Target ETFScore 67
  5. Rank 18BPLTZDaily Target 2X Short PLTR ETFScore 65
  6. Rank 19BNVDQT-REX 2X Inverse NVIDIA Daily Target ETFScore 64

Our read on each fund

ETF.net Research

PLTZBDaily Target 2X Short PLTR ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

PLTZ Palantir's double-dose bear trade. PLTZ aims for two times the inverse of PLTR's daily move using swaps and options, with a daily reset that makes it a short-horizon tool rather than a set-and-forget short.

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

PLTZ The Fund seeks daily investment results equal to two times the inverse of the daily percentage change in Palantir Technologies Inc. common stock, using swaps and/or listed options.

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

  • PLTZ Twice the dose. PLTZ targets -2x Palantir's daily move, while Direxion's Palantir bear fund is built at 1x. Same thesis, double the daily sensitivity.direxion.com
  • Hits what it promises: the fund has tracked its stated -2x daily objective closely, and it stands in the upper half of the single-stock bear group overall.
  • At 1.31% with no waiver in play, the fee lands near the category median. Cheaper 1x bears exist, like SKHZ at 0.75%, but they move one-for-one, not two.
  • It is a 1940-Act fund using swaps and listed options, so the short exposure arrives as a share in a regular brokerage account, with no stock borrow to locate.defianceetfs.com
  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

  • PLTZ The -2x target resets every day. Hold longer and compounding takes over, so multi-day results can drift well away from twice the inverse of PLTR's move.defianceetfs.com
  • One stock, one direction. Everything rides on Palantir, a famously jumpy name, and the 2x multiple magnifies those swings in both directions.
  • Launched in 2025 and still a small fund, it trades actively but has a shorter track record than the 1x bear veterans it competes with.
  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full PLTZ profile⁠

Full TSDD profile⁠

PLTZ vs TSDD 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.

PLTZ vs TSDD Cost

Overpaying PLTZ vs TSDD

$5,157

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

  • PLTZ 1.31%

    $23,519

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • PLTZ 1.31%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530PLTZ $23,519TSDD $18,362

Year by year

YearPLTZTSDDOverpaying
10$2,280$1,729$551
20$8,450$6,504$1,946
30$23,519$18,362$5,157

Expense ratio

  • 1.31%PLTZ
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

PLTZ 27th cheapest of 43 funds

PLTZ vs TSDD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PLTZ No data
TSDD 10.55%
Payout (12M)
PLTZ None
TSDD $0.65
Last payment
PLTZ No data
TSDD $0.65
Ex-dividend
PLTZ No data
TSDD Dec 29, 2025
Paid on
PLTZ No data
TSDD Dec 31, 2025
Frequency
PLTZ No data
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

PLTZAll PLTZ payments⁠

No distribution history available.

TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

PLTZ vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PLTZ 109.7%since Jul 2025TSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
PLTZ −0.72since Jul 2025TSDD −0.87
Worst fallMax drawdown, 5 years
PLTZ −91.0%since Jun 2025TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
PLTZ −1.36TSDD −2.40

Popular comparisons

  • PLTZBvsAAPDA

    Daily Target 2X Short PLTR ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    1.31% · 0.96%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSDDAvsAAPDA

    GraniteShares 2x Short TSLA Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
    0.98% · 0.96%
    Category
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  • PLTZBvsSKHZA

    Daily Target 2X Short PLTR ETF · Leverage Shares 1X Short SK Hynix Daily ETF

    Expense ratio
    1.31% · 0.75%
    Category
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  • TSDDAvsSKHZA

    GraniteShares 2x Short TSLA Daily ETF · Leverage Shares 1X Short SK Hynix Daily ETF

    Expense ratio
    0.98% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PLTZBvsTSLSA

    Daily Target 2X Short PLTR ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    1.31% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSDDAvsTSLSA

    GraniteShares 2x Short TSLA Daily ETF · Direxion Daily TSLA Bear 1X ETF

    Expense ratio
    0.98% · 0.95%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.