# PLTU (Direxion Daily PLTR Bull 2X ETF)

Direxion · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: PLTU returned +93.9% where its own daily promise gave +98.7%, 4.7 points short.

## Key facts

- PLTU, what PLTR did: +48.8%, as of Sep 30, 2026.
- PLTU, what 2 times a day gives: +98.7%, as of Sep 30, 2026.
- PLTU, what the fund returned: +93.9%, as of Sep 30, 2026.
- PLTU, the fund itself cost: −4.7 pts, as of Sep 30, 2026.
- PLTU, net assets: $439m (issuer page, as of Sep 30, 2026).
- PLTU, expense ratio: 0.97% (485BPOS XBRL, Feb 26, 2026).

## PLTU over each window to Sep 30, 2026

| Window | Fund | PLTR | +2x the move | Difference | PLTR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −1.7% | +0.4% | +0.7% | −2.4 pts | 46% |
| 3 months | +93.9% | +48.8% | +97.5% | −3.6 pts | 75% |
| 6 months | +27.8% | +27.7% | +55.4% | −27.6 pts | 68% |
| 1 year | −32.7% | +2.5% | +5.1% | −37.8 pts | 60% |
| Since launch | +164.7% | +158.0% | not meaningful over this window | not meaningful over this window | 65% |

## 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 | +1.93 times, against +2 stated | ETFIQ |
| Underlying | PLTR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $439m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 0.97% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Dec 11, 2024 | ETFIQ |
| Underlying volatility over the window | 75% annualized | ETFIQ |

## Questions

### Did PLTU return +2 times PLTR?

Over the window to Sep 30, 2026, PLTR moved +48.8% and PLTU returned +93.9%. 2 times that move is +97.5%, so the fund came out 3.6 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 figure itself.


## Cite this page

ETFIQ, PLTU, data as of Sep 30, 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