Key stats
About Direxion Daily PLTR Bear 1X Shares
Home page
Inception date
Dec 11, 2024
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
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
PLTD is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Palantir Technologies (PLTR) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
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
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PLTD assets under management is 65.92 M USD. It's risen 11.22% over the last month.
PLTD fund flows account for 60.47 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.
Yes, PLTD pays dividends to its holders with the dividend yield of 2.89%. The last dividend (Apr 1, 2025) amounted to 0.16 USD. The dividends are paid quarterly.
PLTD shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Dec 11, 2024, and its management style is Passive.
PLTD expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
PLTD follows the Palantir Technologies Inc. Class A. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PLTD invests in cash.
PLTD price has fallen by −17.75% over the last month, and its yearly performance shows a −58.45% decrease. See more dynamics on PLTD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.88% over the last month, showed a −43.50% decrease in three-month performance and has decreased by −56.19% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.88% over the last month, showed a −43.50% decrease in three-month performance and has decreased by −56.19% in a year.
PLTD trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.