PTIR

GraniteShares 2x Long PLTR Daily ETF

$27.84

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The GraniteShares 2x Long PLTR Daily ETF (PTIR) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Palantir Technologies Inc. (PLTR).

Overview

ETF tracking GraniteShares 2x Long PLTR Daily ETF

Category Leveraged

Issuer Other

Inception Date 2024-09-04

Market Cap $704.4M

Average Volume N/A

Dividend Yield N/A

52-Week Range $5.98 - $40.78

VWAP $26.91

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to obtain its 2x leveraged exposure to PLTR. It does not invest directly in the underlying stock.

✨ Key Features

Provides 2x the daily performance of Palantir Technologies Inc. stock
Utilizes derivatives to achieve its leveraged exposure
Resets its leverage daily, which can lead to compounding effects over longer holding periods
Has a very low expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily losses that can compound over time
Tracking error risk as the fund may not perfectly match 2x the daily PLTR return
Counterparty risk associated with the derivative instruments used

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term, speculative exposure to Palantir Technologies' stock performance. It is not suitable for long-term or conservative investors.