# PLTU (Direxion Daily PLTR Bull 2X ETF)

Direxion · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: PLTU returned +47.0% where its own daily promise gave +50.5%, 3.5 points short.

## Key facts

- PLTU, what PLTR did: +30.7%, as of Sep 11, 2026.
- PLTU, what +2 times a day gives: +50.5%, as of Sep 11, 2026.
- PLTU, what the fund returned: +47.0%, as of Sep 11, 2026.
- PLTU, the fund itself cost: −3.5 pts, as of Sep 11, 2026.
- PLTU, net assets: $487m (source, as filed for Apr 30, 2026).
- PLTU, expense ratio: 0.97% (485BPOS XBRL, Feb 26, 2026).

## PLTU over each window to Sep 11, 2026

| Window | Fund | PLTR | +2x the move | Difference | PLTR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −7.0% | −2.2% | −4.5% | −2.6 pts | 52% |
| 3 months | +47.0% | +30.7% | +61.3% | −14.3 pts | 81% |
| 6 months | −4.9% | +10.8% | +21.6% | −26.5 pts | 69% |
| 1 year | −33.9% | +1.8% | +3.5% | −37.4 pts | 61% |
| Since launch | +113.8% | +130.6% | not meaningful over this window | not meaningful over this window | 66% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of PLTR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.53 times, against +2 stated | ETFIQ |
| Underlying | PLTR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $487m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.97% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Dec 11, 2024 | ETFIQ |
| Underlying volatility over the window | 81% annualized | ETFIQ |

## Questions

### Did PLTU return +2 times PLTR?

Over the window to Sep 11, 2026, PLTR moved +30.7% and PLTU returned +47.0%. 2 times that move is +61.3%, so the fund came out 14.3 points short of it.

### Why does PLTU not return +2 times over a year?

Because it resets daily. PLTU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x PLTR ETF tracked its stated multiple most closely?

5 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, PLTU, data as of Sep 11, 2026. https://etfiq.com/funds/PLTU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/PLTU  ·  JSON: https://etfiq.com/funds/PLTU.json