Direxion Daily PLTR Bull 2X SharesDirexion Daily PLTR Bull 2X SharesDirexion Daily PLTR Bull 2X Shares

Direxion Daily PLTR Bull 2X Shares

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪407.90 M‬USD
Fund flows (1Y)
‪221.44 M‬USD
Dividend yield (indicated)
0.48%
Discount/Premium to NAV
−0.09%
Shares outstanding
‪6.80 M‬
Expense ratio
0.97%

About Direxion Daily PLTR Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Dec 11, 2024
Structure
Open-Ended Fund
Index tracked
Palantir Technologies Inc. Class A
Replication method
Synthetic
Management style
Passive
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.
PLTU is a short-term tactical tool that aims to deliver 2x 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 2x multiple. Aside from the leverage, 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


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Application software
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PLTU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PLTU trades at 57.27 USD today, its price has risen 1.62% in the past 24 hours. Track more dynamics on PLTU price chart.
PLTU net asset value is 61.00 today — it's risen 9.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PLTU assets under management is ‪407.90 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PLTU price has risen by 19.28% over the last month, and its yearly performance shows a 135.68% increase. See more dynamics on PLTU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.49% over the last month, showed a 78.05% increase in three-month performance and has increased by 119.39% in a year.
PLTU fund flows account for ‪221.44 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PLTU invests in cash. See more details in our Analysis section.
PLTU expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, PLTU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PLTU pays dividends to its holders with the dividend yield of 0.48%.
PLTU trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PLTU shares are issued by Rafferty Asset Management LLC
PLTU follows the Palantir Technologies Inc. Class A. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 11, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.