PLTZ Daily Target 2X Short PLTR ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 7.02 | Day Range | 6.28 – 7.04 |
| 52-Week Range | 6.27 – 43.79 | Volume | 9.54M |
| Avg Volume | 2.61M | AUM | $32.4M (Oct 10, 2026) |
| Expense Ratio | 1.31% | Yield (TTM) | — |
| NAV | 7.01 | Premium/Discount | -10.41% indicative |
| Inception | Jun 05, 2025 | Holdings | 8 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Leveraged | Index Tracked | Not stated in source data |
| CUSIP | 88636W254 | ISIN | US88636W2540 |
| Structure | Leveraged -2x Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The Defiance Daily Target 2X Short PLTR ETF, referred to as "the Fund," is engineered to deliver daily returns that correspond to two times the inverse movement (-200%) of the daily performance of Palantir Technologies Inc. (NYSE: PLTR) shares, before factoring in fees and expenses. Its unique strategy of seeking daily inverse leveraged returns sets it apart from typical exchange-traded funds. Consequently, there's no assurance it will consistently achieve its stated objective. It's crucial to understand that this Fund's design is strictly for single-day performance; investors should not expect its cumulative return over periods longer than one trading day to simply be -200% of PLTR's total return, due to the effects of daily compounding.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -36.11% | -78.90% | -83.01% | -74.67% | -76.81% | — | — | — | -90.98% |
| Total return | -36.11% | -78.90% | -83.01% | -74.67% | -76.81% | — | — | — | -90.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.31% | Annual cost of a $10,000 investment | $131.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 8 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 244.57% | 67.93M | $67.9M |
| 2 | United States Treasury Bill 11/19/2026 | — | 52.06% | 14.52M | $14.5M |
| 3 | First American Government Obligations Fund… | — | 3.21% | 891.70K | $891.7K |
| 4 | PALANTIR TECHNOLOGIES SWAP BMOB-S | — | -10.39% | -13.80K | -$2.9M |
| 5 | PALANTIR TECHNOLOGIES INC SWAP CANTOR-S | — | -44.84% | -59.58K | -$12.5M |
| 6 | PALANTIR TECHNOLOGIES SWAP CS-S | — | -45.27% | -60.15K | -$12.6M |
| 7 | PALANTIR TECHNOLOGIES INC SWAP MAREX - S | — | -46.66% | -62.00K | -$13.0M |
| 8 | PALANTIR TECHNOLOGIES SWAP NOMURA-S | — | -52.68% | -70.00K | -$14.6M |
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Sector Exposure
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 120.09% / — | Sharpe 1Y / 3Y | -0.464 / — |
| Max drawdown 1Y / 3Y | -85.45% / — | Sortino 1Y | -0.589 |
| Beta vs S&P 500 (3Y) | -3.72 | Correlation vs S&P 500 (1Y) | -0.43 |
| Downside deviation 1Y | 94.51% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 9.54M | Average volume | 2.61M |
| AUM | $32.4M | Premium/Discount | -10.41% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$2.7M | -7.60% | $35.0M → $32.4M |
| 1 Month | $2.4M | +5.05% | $48.1M → $32.4M |
| 1 Week | $3.1M | +8.61% | $36.3M → $32.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for PLTZ
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.