PLTA ETF — ProShares Ultra PLTR

ProShares Ultra PLTR (PLTA)

Updated October 16, 2026.

PLTA is an ETF. its distribution rate is 2.43%, its trailing-12-month yield is 2.60%, its expense ratio is 0.95%. Dividend Vision Distribution Safety Score™ is 41/100 (Unproven). Total return is -25.2% over the past 1.1 years, 43.8 points behind SPY at 18.6%.

ProShares Ultra PLTR is a leveraged ETF that seeks to deliver twice the daily returns of Palantir Technologies stock through financial instruments designed to track this target. The fund distributes quarterly income at a modest rate and carries an expense ratio of 0.95%. It appeals to active traders and experienced investors seeking leveraged equity exposure rather than buy-and-hold dividend income seekers, given the daily reset mechanics of leveraged funds.

PLTA performance versus SPY

Price and return data through 2026-10-16.

Total return is -25.2% over the past 1.1 years, 43.8 points behind SPY at 18.6%. Its deepest 1-year drawdown was 80.0%.

PLTA key facts

Distribution Safety Score™

41 · Unproven

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

09/08/2025

Expense ratio

0.95%

Distribution rate

2.43%

Distribution frequency

Quarterly

Trailing yield

2.60%

Last close

$20.73 (as of 2026-10-16)

AUM

$7,666,695

Average volume

17564.0

Dividend

$0.126

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

3.6129

How Dividend Vision calculates yield and returns

Distribution rate (2.43%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.60%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PLTA risks and drawbacks

PLTA's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 80.0%.

Who may consider PLTA — and who may not

PLTA may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PLTA pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PLTA

• All tickers starting with P

Tagged: Leverage.

Frequently asked questions

More securities from ProShares.