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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%

Asset

Holdings

Symbol

Ratio

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PALANTIR TECHNOLOGIES INC-A SWAP

84.40%
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GOLDMAN SACHS FIN GOV 465 INSTITUT

35.15%
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DREYFUS GOVT CASH MAN INS

33.48%
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PALANTIR TECHNOLOGIES INC-A SWAP-1

31.30%
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GOLDMAN FINL SQ TRSRY INST 506

26.05%
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PALANTIR TECHNOLOGIES INC-A SWAP-2

24.39%

Symbol

Ratio

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PALANTIR TECHNOLOGIES INC-A SWAP-3

23.27%
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PALANTIR TECHNOLOGIES INC-A SWAP-4

22.24%
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PLTR

Palantir
14.40%
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DREYFUS TRSRY SECURITIES CASH MGMT

10.22%

Top 10 Weight 304.9%

10 Total Holdings

See all holdings

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