What is the ISIN of GraniteShares 2x Long PLTR Daily ETF?

The ISIN of GraniteShares 2x Long PLTR Daily ETF is US38747R7109.

What does leveraged daily exposure mean for GraniteShares 2x Long PLTR Daily ETF?

GraniteShares 2x Long PLTR Daily ETF aims to deliver 2 times the daily return of PLTR (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect GraniteShares 2x Long PLTR Daily ETF?

Volatility decay (also called compounding drag) occurs because GraniteShares 2x Long PLTR Daily ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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GraniteShares 2x Long PLTR Daily ETF (PTIR) Price

GraniteShares 2x Long PLTR Daily ETF Price

— EUR

TER1.04 %

AUM424.62 M USD

IndexPalantir Technologies Inc. Class A

CurrencyUSD

Funds Launch9/3/2024

GraniteShares 2x Long PLTR Daily ETF Price

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Underlying

PLTR

PLTR2X Long Daily

PLTR

GraniteShares 2x Long PLTR Daily ETF provides 2X daily exposure to PLTR.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.