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

Over the window to Sep 30, 2026, PLTA finished 5.0 points from what its multiple implies and PTIR finished 3.4 points from its own, so PTIR came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are PLTA and PTIR levered on the same thing?

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

Which one decays faster, PLTA or PTIR?

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

Can I hold PLTA 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, PLTA or PTIR?

PLTA charges 0.95% a year and PTIR charges 1.04%, so PLTA is cheaper. Fees come from each fund's prospectus.

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PLTA vs PTIR: which held to its multiple?

Over the days both have traded, PLTA finished 5.0 points from its stated multiple and PTIR 3.4. ProShares Ultra PLTR and GraniteShares 2x Long PLTR Daily ETF.

+92.5%

PLTA returned, 3 months

+94.1%

PTIR returned, 3 months

−5.0 pts

PLTA from its stated multiple

−3.4 pts

PTIR 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%

PTIR · 3 months to Sep 30, 20263.4 pts short of its stated multiple

PTIR returned +94.1% while 2 times PLTR's move would have been +97.5%

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

PLTA 8.9

PTIR 17.4

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	PTIR	PLTA	PTIR	PLTA	PTIR
1 month	−1.7%	−1.8%	+0.7%	+0.7%	−2.4 pts	−2.5 pts
3 months	+92.5%	+94.1%	+97.5%	+97.5%	−5.0 pts	−3.4 pts
6 months	+25.6%	+28.3%	+55.4%	+55.4%	−29.8 pts	−27.1 pts
1 year	−34.6%	−31.6%	+5.1%	+5.1%	−39.7 pts	−36.7 pts
Since launch PLTA Sep 2025 · PTIR Sep 2024	−23.0%	+1233.5%	+24.4%	not meaningful	−47.3 pts	not meaningful

PLTA and PTIR 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)

PTIR

GraniteShares 2x Long PLTR Daily ETF · Aims to return twice the daily move of Palantir Technologies (PLTR)

Issuer ProShares GraniteShares

Sets out to return +2x +2x

Underlying asset PLTR PLTR

Segment company company

Fund returned, 3 months or since launch +92.5% +94.1%

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 −3.4 pts

Fund returned, 1 year or since launch −34.6% −31.6%

Difference from stated, over that window −39.7 pts −36.7 pts

Underlying volatility 75% 75%

Difference over the days both have traded −5.0 pts −3.4 pts

Expense ratio 0.95% 1.04%

Launched Sep 10, 2025 Sep 4, 2024

Net assets $7m $339m

PLTA and PTIR 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.

PTIR in plain words

Three months to Sep 30, 2026: PTIR returned +94.1% where its own daily promise gave +98.7%, 4.6 points short. Read the multiple against the whole window instead and 2 times PLTR's 48.8% implies +97.5%, which makes PTIR look 3.4 points short. PTIR aims to return +2 times PLTR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, PLTA or PTIR?: Over the window to Sep 30, 2026, PLTA finished 5.0 points from what its multiple implies and PTIR finished 3.4 points from its own, so PTIR came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are PLTA and PTIR levered on the same thing?: Yes. Both are levered on Palantir Technologies, PLTA at +2 times and PTIR at +2 times the daily move.
Which one decays faster, PLTA or PTIR?: Decay follows how much the underlying moves about. Over this window PLTA’s moved at 75% annualized and PTIR’s at 75%, so PLTA has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold PLTA 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, PLTA or PTIR?: PLTA charges 0.95% a year and PTIR charges 1.04%, so PLTA is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

PLTA on its own →PTIR 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 ↗PTIR filings on SEC EDGAR ↗PTIR prospectus with the expense ratio (SEC) ↗GraniteShares page for PTIR ↗

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 PTIR, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/plta-vs-ptir

Open data

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