Key stats
About Defiance Daily Target 2x Short PLTR ETF
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Inception date
Jun 5, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
PLTZ aims for daily investment results of -200% of Palantir Technologies Inc.'s share price change, but does not invest directly in PLTR. This Fund uses derivatives, swaps, and options to achieve inverse leveraged results, making it riskier than typical ETFs. The fund's returns for periods longer than a day will differ from its -200% target due to compound effects, and it may not meet its objective if faced with market constraints or derivative availability issues. Actively managed, it seeks to maintain daily short exposure equal to -200% through swap agreements with financial institutions or options if swaps are limited. Despite adjustments and flexibility offered by these derivatives, returns may be significantly lower if leverage levels deviate from the target. While options add flexibility, they are less efficient than swaps, potentially affecting the achievement of the -2X daily goal.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash82.22%
Mutual fund17.78%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PLTZ assets under management is 11.98 M USD. It's risen 62.98% over the last month.
PLTZ fund flows account for 15.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, PLTZ doesn't pay dividends to its holders.
PLTZ shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Jun 5, 2025, and its management style is Active.
PLTZ expense ratio is 1.29% meaning you'd have to pay 1.29% of your investment to help manage the fund.
PLTZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PLTZ invests in cash.
PLTZ trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.