Data as of .
PLTZ vs PTIR: which held to its multiple?
Over three months against its own daily promise, PLTZ finished 0.1 points short and PTIR 3.9 points short.
ETFIQ Decay Resistance Score: PTIR scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 121 inverse ETFs over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| PLTZ | PTIR | PLTZ | PTIR | PLTZ | PTIR | |
| 1 month | −2.0% | −7.3% | +4.5% | −4.5% | −6.5 pts | −2.8 pts |
| 3 months | −68.0% | +46.6% | −61.3% | +61.3% | −6.7 pts | −14.7 pts |
| 6 months | −65.1% | −4.8% | −21.6% | +21.6% | −43.5 pts | −26.4 pts |
| 1 year | −72.0% | −32.9% | −3.5% | +3.5% | −68.5 pts | −36.4 pts |
| Since launch | −85.5% | +973.3% | −61.9% | not meaningful | −23.7 pts | not meaningful |
| PLTZ Defiance Daily Target 2X Short PLTR ETF Aims to return twice the opposite of the daily move of Palantir Technologies (PLTR) | PTIR GraniteShares 2x Long PLTR Daily ETF Aims to return twice the daily move of Palantir Technologies (PLTR) | |
|---|---|---|
| Issuer | Defiance | GraniteShares |
| Sets out to return | -2x | +2x |
| On | PLTR | PLTR |
| Segment | company | company |
| Fund returned, 3 months | −68.0% | +46.6% |
| Underlying returned, 3 months | +30.7% | +30.7% |
| What the stated multiple implies, 3 months | −61.3% | +61.3% |
| Difference from stated, 3 months | −6.7 pts | −14.7 pts |
| Fund returned, 1 year or since launch | −72.0% | −32.9% |
| Difference from stated, over that window | −68.5 pts | −36.4 pts |
| Underlying volatility | 81% | 81% |
| Difference over the days both have traded | no shared window | −2.8 pts |
| Expense ratio | 1.31% | 1.04% |
| Launched | Jun 6, 2025 | Sep 4, 2024 |
PLTZ in plain words
Three months to Sep 11, 2026: PLTZ returned −68.0% where its own daily promise gave −67.9%, 0.1 points short. Read the multiple against the whole window instead and −2 times PLTR's 30.7% implies −61.3%, which makes PLTZ look 6.7 points short. 6.6 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. PLTZ 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.
PTIR in plain words
Three months to Sep 11, 2026: PTIR returned +46.6% where its own daily promise gave +50.5%, 3.9 points short. Read the multiple against the whole window instead and +2 times PLTR's 30.7% implies +61.3%, which makes PTIR look 14.7 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. PTIR aims to return +2 times PLTR's move each day, then resets. 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.
Questions people ask
- Which came closer to its stated multiple, PLTZ or PTIR?
- Over the window to Sep 11, 2026, PLTZ finished 6.7 points from what its multiple implies and PTIR finished 14.7 points from its own, so PLTZ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are PLTZ and PTIR levered on the same thing?
- Yes. Both are levered on Palantir Technologies, PLTZ at -2 times and PTIR at +2 times the daily move.
- Which one decays faster, PLTZ or PTIR?
- Decay follows how much the underlying moves about. Over this window PLTZ’s moved at 81% annualized and PTIR’s at 81%, so PLTZ has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold PLTZ or PTIR 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.
- Which is cheaper, PLTZ or PTIR?
- PLTZ charges 1.31% a year and PTIR charges 1.04%, so PTIR is cheaper. Fees come from each fund's prospectus.
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, PLTZ against PTIR, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/PLTZ-PTIR Free to use with attribution; the underlying files are at Open data.