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

Over the window to Sep 30, 2026, PLTG finished 5.3 points from what its multiple implies and PLTU finished 3.6 points from its own, so PLTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are PLTG and PLTU levered on the same thing?

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

Which one decays faster, PLTG or PLTU?

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

Can I hold PLTG or PLTU 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, PLTG or PLTU?

PLTG charges 0.78% a year and PLTU charges 0.97%, so PLTG is cheaper. Fees come from each fund's prospectus.

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PLTG vs PLTU: which held to its multiple?

Over the days both have traded, PLTG finished 5.3 points from its stated multiple and PLTU 3.6. Leverage Shares 2X Long PLTR Daily ETF and Direxion Daily PLTR Bull 2X ETF.

+92.2%

PLTG returned, 3 months

+93.9%

PLTU returned, 3 months

−5.3 pts

PLTG from its stated multiple

−3.6 pts

PLTU from its stated multiple

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%

PLTU · 3 months to Sep 30, 20263.6 pts short of its stated multiple

PLTU returned +93.9% while 2 times PLTR's move would have been +97.5%

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

PLTG 7.8

PLTU 15.4

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	PLTG	PLTU	PLTG	PLTU	PLTG	PLTU
1 month	−2.3%	−1.7%	+0.7%	+0.7%	−3.0 pts	−2.4 pts
3 months	+92.2%	+93.9%	+97.5%	+97.5%	−5.3 pts	−3.6 pts
6 months	+25.5%	+27.8%	+55.4%	+55.4%	−29.8 pts	−27.6 pts
1 year	−34.4%	−32.7%	+5.1%	+5.1%	−39.5 pts	−37.8 pts
Since launch PLTG Apr 2025 · PLTU Dec 2024	+43.1%	+164.7%	+131.7%	not meaningful	−88.6 pts	not meaningful

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

On the same fields

PLTG

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

PLTU

Direxion Daily PLTR Bull 2X ETF · Aims to return twice the daily move of Palantir Technologies (PLTR)

Issuer Leverage Shares Direxion

Sets out to return +2x +2x

Underlying asset PLTR PLTR

Segment company company

Fund returned, 3 months or since launch +92.2% +93.9%

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 −5.3 pts −3.6 pts

Fund returned, 1 year or since launch −34.4% −32.7%

Difference from stated, over that window −39.5 pts −37.8 pts

Underlying volatility 75% 75%

Difference over the days both have traded −5.3 pts −3.6 pts

Expense ratio 0.78% 0.97%

Launched Apr 25, 2025 Dec 11, 2024

Net assets $27m $439m

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

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. 1.1 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. PLTG 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.

PLTU in plain words

Three months to Sep 30, 2026: PLTU returned +93.9% where its own daily promise gave +98.7%, 4.7 points short. Read the multiple against the whole window instead and 2 times PLTR's 48.8% implies +97.5%, which makes PLTU look 3.6 points short. PLTU aims to return +2 times PLTR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, PLTG or PLTU?: Over the window to Sep 30, 2026, PLTG finished 5.3 points from what its multiple implies and PLTU finished 3.6 points from its own, so PLTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are PLTG and PLTU levered on the same thing?: Yes. Both are levered on Palantir Technologies, PLTG at +2 times and PLTU at +2 times the daily move.
Which one decays faster, PLTG or PLTU?: Decay follows how much the underlying moves about. Over this window PLTG’s moved at 75% annualized and PLTU’s at 75%, so PLTG has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold PLTG or PLTU 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, PLTG or PLTU?: PLTG charges 0.78% a year and PLTU charges 0.97%, so PLTG is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

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

Where these figures came from

PLTG filings on SEC EDGAR ↗PLTG prospectus with the expense ratio (SEC) ↗Leverage Shares website ↗PLTU filings on SEC EDGAR ↗PLTU prospectus with the expense ratio (SEC) ↗Direxion 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, PLTG against PLTU, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/pltg-vs-pltu

Open data

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