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PLTA is a 2x leveraged single-stock ETF designed to deliver twice the DAILY return of Palantir Technologies (PLTR), before fees and expenses. It uses financial instruments to target that daily multiple, which means results can drift materially from 2x PLTR if held longer than a day due to daily reset compounding.
This fund is a turbo-charged version of Palantir’s stock that tries to move about 2x as much each day. You don’t own Palantir shares directly—you own a fund that uses market instruments to mimic 2x of PLTR’s daily moves.
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2.00x leverage. Resets daily. Designed for short-term trading.
Concentrated single-asset exposure. Higher volatility.
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