PLTZ ETF — Defiance Daily Target 2x Short PLTR ETF

Defiance Daily Target 2x Short PLTR ETF (PLTZ)

PLTZ is an ETF linked to Palantir Technologies (PLTR). its expense ratio is 1.31%. Total return is -87.2% over the past 1.3 years, 126.3 points behind PLTR at 39.1%.

Defiance Daily Target 2x Short PLTR is an actively managed ETF that seeks to deliver twice the inverse daily performance of Palantir Technologies stock through derivatives such as swap agreements and listed options contracts; it is a non-diversified fund designed for tactical short exposure rather than buy-and-hold investing. The fund does not currently distribute income to shareholders and carries an expense ratio of 1.31%. This ETF appeals primarily to sophisticated traders seeking leveraged bearish exposure to Palantir on a daily basis, not to income investors or long-term holders.

PLTZ performance versus PLTR

Price and return data through 2026-09-18.

Total return is -87.2% over the past 1.3 years, 126.3 points behind PLTR at 39.1%. Its deepest 1-year drawdown was 80.4%.

PLTZ key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

06/05/2025

Expense ratio

1.31%

Distribution frequency

None

Last close

$8.89 (as of 2026-09-18)

NAV

$9.23

Premium / discount

3.68% discount

AUM

$35,861,019

Average volume

3037800.0

Last ex-dividend date

12/30/2025

Next payment date

12/31/2026

Beta

-4.1352

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Defiance ETFs or company page; Index: Palantir Technologies (PLTR); 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.

PLTZ risks and drawbacks

Total return has trailed PLTR over the available window. The deepest 1-year drawdown on record here is 80.4%.

Who may consider PLTZ — and who may not

It is a weaker fit for investors who need monthly cash flow (PLTZ does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching PLTR total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Defiance ETFs.