Which came closer to its stated multiple, PLTA or PLTG?

Over the window to Sep 30, 2026, PLTA finished 5.0 points from what its multiple implies and PLTG finished 5.3 points from its own, so PLTA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are PLTA and PLTG levered on the same thing?

Yes. Both are levered on Palantir Technologies, PLTA at +2 times and PLTG at +2 times the daily move.

Which one decays faster, PLTA or PLTG?

Decay follows how much the underlying moves about. Over this window PLTA’s moved at 75% annualized and PLTG’s at 75%, so PLTA has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold PLTA or PLTG 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, PLTA or PLTG?

PLTA charges 0.95% a year and PLTG charges 0.78%, so PLTG is cheaper. Fees come from each fund's prospectus.

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PLTA vs PLTG: which held to its multiple?

Over the days both have traded, PLTA finished 5.0 points from its stated multiple and PLTG 5.3. ProShares Ultra PLTR and Leverage Shares 2X Long PLTR Daily ETF.

+92.5%

PLTA returned, 3 months

+92.2%

PLTG returned, 3 months

−5.0 pts

PLTA from its stated multiple

−5.3 pts

PLTG from its stated multiple

PLTA · 3 months to Sep 30, 20265 pts short of its stated multiple

PLTA returned +92.5% while 2 times PLTR's move would have been +97.5%

PLTG · 3 months to Sep 30, 20265.3 pts short of its stated multiple

PLTG returned +92.2% while 2 times PLTR's move would have been +97.5%

ETFIQ Decay Resistance Score · PLTA scores higherDid it keep up with its own daily multiple, compounded day by day?

PLTA 8.9

PLTG 7.8

0.1, the lowest in this set99.9, the highest

A percentile among the 470 leveraged ETFs, long, 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

	Total return		Multiple would give		Difference
Window	PLTA	PLTG	PLTA	PLTG	PLTA	PLTG
1 month	−1.7%	−2.3%	+0.7%	+0.7%	−2.4 pts	−3.0 pts
3 months	+92.5%	+92.2%	+97.5%	+97.5%	−5.0 pts	−5.3 pts
6 months	+25.6%	+25.5%	+55.4%	+55.4%	−29.8 pts	−29.8 pts
1 year	−34.6%	−34.4%	+5.1%	+5.1%	−39.7 pts	−39.5 pts
Since launch PLTA Sep 2025 · PLTG Apr 2025	−23.0%	+43.1%	+24.4%	+131.7%	−47.3 pts	−88.6 pts

PLTA and PLTG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

PLTA

ProShares Ultra PLTR · Aims to return twice the daily move of Palantir Technologies (PLTR)

PLTG

Leverage Shares 2X Long PLTR Daily ETF · Aims to return twice the daily move of Palantir Technologies (PLTR)

Issuer ProShares Leverage Shares

Sets out to return +2x +2x

Underlying asset PLTR PLTR

Segment company company

Fund returned, 3 months or since launch +92.5% +92.2%

Underlying returned, over that window +48.8% +48.8%

What the stated multiple implies, over that window +97.5% +97.5%

Difference from stated, over that window −5.0 pts −5.3 pts

Fund returned, 1 year or since launch −34.6% −34.4%

Difference from stated, over that window −39.7 pts −39.5 pts

Underlying volatility 75% 75%

Difference over the days both have traded −5.0 pts −5.3 pts

Expense ratio 0.95% 0.78%

Launched Sep 10, 2025 Apr 25, 2025

Net assets $7m $27m

PLTA and PLTG on the same fields, as of Sep 30, 2026. Source: ETFIQ.

PLTA in plain words

Three months to Sep 30, 2026: PLTA returned +92.5% where its own daily promise gave +98.7%, 6.1 points short. Read the multiple against the whole window instead and 2 times PLTR's 48.8% implies +97.5%, which makes PLTA look 5.0 points short. 1.1 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 75% 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.

PLTG in plain words

Three months to Sep 30, 2026: PLTG returned +92.2% where its own daily promise gave +98.7%, 6.4 points short. Read the multiple against the whole window instead and 2 times PLTR's 48.8% implies +97.5%, which makes PLTG look 5.3 points short. PLTG aims to return +2 times PLTR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, PLTA or PLTG?: Over the window to Sep 30, 2026, PLTA finished 5.0 points from what its multiple implies and PLTG finished 5.3 points from its own, so PLTA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are PLTA and PLTG levered on the same thing?: Yes. Both are levered on Palantir Technologies, PLTA at +2 times and PLTG at +2 times the daily move.
Which one decays faster, PLTA or PLTG?: Decay follows how much the underlying moves about. Over this window PLTA’s moved at 75% annualized and PLTG’s at 75%, so PLTA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold PLTA or PLTG 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, PLTA or PLTG?: PLTA charges 0.95% a year and PLTG charges 0.78%, so PLTG is cheaper. Fees come from each fund's prospectus.

Other comparisons

PLTA vs PLTL PLTA vs PLTU PLTA vs PLTZ PLTA vs PTIR PLTG vs PLTL PLTG vs PLTU PLTG vs PLTZ PLTG vs PTIR

PLTA on its own →PLTG on its own →How every figure is computed →Standards and sources →

Where these figures came from

PLTA filings on SEC EDGAR ↗PLTA prospectus with the expense ratio (SEC) ↗ProShares page for PLTA ↗PLTG filings on SEC EDGAR ↗PLTG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, PLTA against PLTG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/plta-vs-pltg

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.