PLTU
Direxion Daily PLTR Bull 2X Shares·NASDAQ
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Key Stats
Assets Under Management
464.29MUSD
Fund Flows (1Y)
120.96MUSD
Dividend Yield
22.98%
Discount/Premium to NAV
-0.07%
Shares Outstanding
6.70M
Expense Ratio
0.97%
About Direxion Daily PLTR Bull 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Dec 11, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
PLTU is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Palantir Technologies (PLTR) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Application Software
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Sector
Technology
100.00%
Technology
100.00%
Asset
Holdings
Symbol
Ratio
PALANTIR TECHNOLOGIES INC-A SWAP
84.40%
GOLDMAN SACHS FIN GOV 465 INSTITUT
35.15%
DREYFUS GOVT CASH MAN INS
33.48%
PALANTIR TECHNOLOGIES INC-A SWAP-1
31.30%
GOLDMAN FINL SQ TRSRY INST 506
26.05%
PALANTIR TECHNOLOGIES INC-A SWAP-2
24.39%
Symbol
Ratio
PALANTIR TECHNOLOGIES INC-A SWAP-3
23.27%
PALANTIR TECHNOLOGIES INC-A SWAP-4
22.24%
PLTR
Palantir
14.40%
DREYFUS TRSRY SECURITIES CASH MGMT
10.22%
Top 10 Weight 304.9%
10 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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