Data as of .
PLTA vs PLTL: which held to its multiple?
Over the days both have traded, PLTA finished 2.9 points from its stated multiple and PLTL 2.5.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| PLTA | PLTL | PLTA | PLTL | PLTA | PLTL | |
| 1 month | −7.4% | −7.0% | −4.5% | −4.5% | −2.9 pts | −2.5 pts |
| 3 months | +45.7% | not published | +61.3% | not published | −15.6 pts | not published |
| 6 months | −6.2% | not published | +21.6% | not published | −27.8 pts | not published |
| 1 year | −36.0% | not published | +3.5% | not published | −39.5 pts | not published |
| Since launch | −37.8% | +81.1% | +0.6% | +86.7% | −38.3 pts | −5.6 pts |
| PLTA ProShares Ultra PLTR Aims to return twice the daily move of Palantir Technologies (PLTR) | PLTL Corgi PLTR 2x Daily ETF Aims to return twice the daily move of Palantir Technologies (PLTR) | |
|---|---|---|
| Issuer | ProShares | Corgi |
| Sets out to return | +2x | +2x |
| On | PLTR | PLTR |
| Segment | company | company |
| Fund returned, 3 months | +45.7% | −7.0% |
| Underlying returned, 3 months | +30.7% | −2.2% |
| What the stated multiple implies, 3 months | +61.3% | −4.5% |
| Difference from stated, 3 months | −15.6 pts | −2.5 pts |
| Fund returned, 1 year or since launch | −36.0% | +81.1% |
| Difference from stated, over that window | −39.5 pts | −5.6 pts |
| Underlying volatility | 81% | 52% |
| Difference over the days both have traded | −2.9 pts | −2.5 pts |
| Expense ratio | 0.95% | not published |
| Launched | Sep 10, 2025 | Jun 30, 2026 |
PLTA in plain words
Three months to Sep 11, 2026: PLTA returned +45.7% where its own daily promise gave +50.5%, 4.8 points short. Read the multiple against the whole window instead and +2 times PLTR's 30.7% implies +61.3%, which makes PLTA look 15.6 points short. 10.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. PLTA aims to return +2 times PLTR's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. PLTR moved at 81% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
PLTL in plain words
One month to Sep 11, 2026: PLTL returned −7.0% where its own daily promise gave −6.5%, 0.5 points short. Read the multiple against the whole window instead and +2 times PLTR's −2.2% implies −4.5%, which makes PLTL look 2.5 points short. 2.0 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. PLTL aims to return +2 times PLTR's move each day, then resets. PLTR moved at 52% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, PLTA or PLTL?
- Over the window to Sep 11, 2026, PLTA finished 15.6 points from what its multiple implies and PLTL finished 2.5 points from its own, so PLTL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are PLTA and PLTL levered on the same thing?
- Yes. Both are levered on Palantir Technologies, PLTA at +2 times and PLTL at +2 times the daily move.
- Which one decays faster, PLTA or PLTL?
- Decay follows how much the underlying moves about. Over this window PLTA’s moved at 81% annualized and PLTL’s at 52%, so PLTA has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold PLTA or PLTL for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, PLTA against PLTL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/PLTA-PLTL Free to use with attribution; the underlying files are at Open data.