{"url":"https://etfiq.com/compare/leverage/plta-vs-pltz","section":"compare","title":"PLTA vs PLTZ: which held to its multiple? | ETFIQ","description":"PLTA sets out to return +2 times PLTR each day and PLTZ -2 times. Over the three months to Sep 30, 2026 they finished \u22125.0 pts and +23.5 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, PLTA or PLTZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, PLTA finished 5.0 points from what its multiple implies and PLTZ finished 23.5 points from its own, so PLTA came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are PLTA and PLTZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Palantir Technologies, PLTA at +2 times and PLTZ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, PLTA or PLTZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window PLTA\u2019s moved at 75% annualized and PLTZ\u2019s at 75%, so PLTA has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold PLTA or PLTZ for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, PLTA or PLTZ?","acceptedAnswer":{"@type":"Answer","text":"PLTA charges 0.95% a year and PLTZ charges 1.31%, so PLTA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"PLTA vs PLTZ","item":"https://etfiq.com/compare/leverage/plta-vs-pltz"}]},{"@type":"WebPage","name":"PLTA vs PLTZ: which held to its multiple?","description":"PLTA sets out to return +2 times PLTR each day and PLTZ -2 times. Over the three months to Sep 30, 2026 they finished \u22125.0 pts and +23.5 pts away.","url":"https://etfiq.com/compare/leverage/plta-vs-pltz","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, PLTA finished 6.1 points short and PLTZ 0.1 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of PLTA and PLTZ","description":"PLTA sets out to return +2 times PLTR each day and PLTZ -2 times. Over the three months to Sep 30, 2026 they finished \u22125.0 pts and +23.5 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/plta-vs-pltz","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7153,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / PLTA vs PLTZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n PLTA vs PLTZ: which held to its multiple?\n\n Over three months against its own daily promise, PLTA finished 6.1 points short and PLTZ 0.1 points short.\n Copy this for sharing \n \n ProShares Ultra PLTR and Defiance Daily Target 2X Short PLTR ETF.\n\n Download as PDF \n\n +92.5% PLTA returned, 3 months \n \u221274.0% PLTZ returned, 3 months \n \u22125.0 pts PLTA from its stated multiple \n +23.5 pts PLTZ from its stated multiple \n\n ETFIQ Decay Resistance Score: PLTZ scores higher\n Did it kee","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/plta-vs-pltz","a":{"ticker":"PLTA","name":"ProShares Ultra PLTR","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: PLTA returned +92.5% where its own daily promise gave +98.7%, 6.1 points short.","url":"https://etfiq.com/funds/plta","key_facts":[{"label":"What PLTR did","value":"+48.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+98.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+92.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22126.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$7m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"PLTZ","name":"Defiance Daily Target 2X Short PLTR ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: PLTZ returned \u221274.0% where its own daily promise gave \u221273.9%, 0.1 points short.","url":"https://etfiq.com/funds/pltz","key_facts":[{"label":"What PLTR did","value":"+48.8%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221273.9%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221274.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22120.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$39m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/plta-vs-pltz"}