PLTZ ETF — Holdings & Analysis

The Defiance Daily Target 2X Short PLTR ETF (PLTZ) is a leveraged equity ETF seeking to generate twice the inverse of the daily performance of Palantir Technologies Inc. (PLTR).

With an expense ratio of 1.29% and $0.05 billion in assets under management, PLTZ is designed for short-term tactical trading rather than long-term investment. The fund's leveraged and inverse strategy makes it a unique, high-risk option compared to traditional ETFs, and it should not be expected to provide -200% of the cumulative return of PLTR for periods greater than a single trading day.

Daily Target 2X Short PLTR ETF (PLTZ) ETF — Price, Holdings & Analysis

The Defiance Daily Target 2X Short PLTR ETF (PLTZ) is a leveraged equity ETF seeking to generate twice the inverse of the daily performance of Palantir Technologies Inc. (PLTR). With an expense ratio of 1.29% and $0.05 billion in assets under management, PLTZ is designed for short-term tactical trading rather than long-term investment. The fund's leveraged and inverse strategy makes it a unique, high-risk option compared to traditional ETFs, and it should not be expected to provide -200% of the cumulative return of PLTR for periods greater than a single trading day.

ETF Overview

The Defiance Daily Target 2X Short PLTR ETF (the “Fund”) seeks daily investment results, before fees and expenses, of two times the inverse (-200%) of the daily percentage change in the share price of Palantir Technologies Inc. (NYSE: PLTR). Because the Fund seeks daily inverse leveraged investment results, it is very different from most other exchange-traded funds and there is no guarantee that the Fund will meet its stated objective. The Fund should not be expected to provide -200% of the cumulative return of PLTR for periods greater than a single trading day.

PLTZ aims to provide daily investment results that correspond to two times the inverse (-200%) of the daily percentage change in the share price of Palantir Technologies Inc. (PLTR). This is achieved through a combination of financial instruments designed to magnify and invert the daily returns of PLTR. The fund's holdings are primarily in cash and money market instruments, with a significant portion in First American Government Obligs X (FGXXX) at 3.07%, reflecting its need for liquidity and collateral management to support its leveraged strategy. Given its structure, PLTZ is intended for sophisticated investors who actively monitor their positions and understand the risks associated with leveraged and inverse ETFs. It is not suitable for buy-and-hold investors or those seeking long-term capital appreciation. The fund's sector allocation is entirely in Cash & Others (100.0%), highlighting its focus on managing the derivatives and leverage required to achieve its daily target.

Risk Metrics

PLTZ carries substantial risks due to its leveraged and inverse nature. Its objective is to deliver twice the inverse of the daily performance of a single stock, Palantir Technologies Inc. (PLTR), which can lead to significant losses if PLTR's price moves against the fund's position. The high expense ratio of 1.29% further erodes returns, especially if the fund is held for longer periods. The fund's concentration in a single stock also introduces significant concentration risk. The fund's beta is currently 0.00, but this is less relevant for a leveraged, inverse product. Investors should be aware that PLTZ is designed for very short-term trading and is not appropriate for long-term investment strategies. Past performance does not guarantee future results.

Expense Ratio

1.29%

What does PLTZ hold?

Holding	Weight
First American Government Obligs X (FGXXX)	3.07%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Daily Target 2X Long RKLB ETF (RKLX) (Equity) — 1.31% expense ratio
Daily Target 2X Long SOFI ETF (SOFX) (Equity) — 1.29% expense ratio
Daily Target 2X Long OKLO ETF (OKLL) (Equity) — 1.31% expense ratio
S&P 500 Weekly Distribution ETF (WDTE) (Equity) — 1.03% expense ratio
Daily Target 2X Short LLY ETF (LLYZ) (Equity) — 1.29% expense ratio
Defiance BMNR Option Income ETF (YBMN) (Equity) — 0.85% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is PLTZ and what does it track?

The Defiance Daily Target 2X Short PLTR ETF (PLTZ) is an exchange-traded fund designed to provide twice the inverse (-200%) of the daily percentage change in the share price of Palantir Technologies Inc. (PLTR).

This means that the fund aims to increase in value when PLTR's stock price decreases and vice versa, with a leverage factor of two.

What is the expense ratio for PLTZ?

The expense ratio for PLTZ is 1.29%. This means that for every $10,000 invested in the fund, $129 is used to cover the fund's operating expenses annually.

This is significantly higher than the average expense ratio for equity ETFs, which is around 0.44%. The higher expense ratio reflects the complexity of managing a leveraged and inverse ETF, which requires active trading and sophisticated risk management strategies.

What are the top holdings in PLTZ?

As of 2026-03-15, the top holding in PLTZ is First American Government Obligs X (FGXXX), comprising 3.07% of the fund's portfolio. The remaining portion of the fund is allocated to other holdings related to the fund's leveraged strategy.

The fund's investment strategy focuses on derivatives and other financial instruments to achieve its daily leveraged inverse target, rather than holding a diversified portfolio of stocks.

Is PLTZ a good long-term investment?

PLTZ is generally not considered a suitable long-term investment due to its leveraged and inverse nature. The fund is designed to deliver twice the inverse of the daily performance of Palantir Technologies Inc.

(PLTR), which means its returns can be highly volatile and unpredictable over longer periods.

How does PLTZ compare to similar ETFs?

PLTZ is unique in its specific focus on providing twice the inverse daily performance of Palantir Technologies Inc. (PLTR). While there are other leveraged and inverse ETFs available, most track broader market indices or different individual stocks.

PLTZ's expense ratio of 1.29% is relatively high compared to non-leveraged ETFs.

Does PLTZ pay dividends?

According to the provided data, PLTZ has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders.

The fund's investment strategy, which focuses on leveraged and inverse exposure to Palantir Technologies Inc. (PLTR), does not typically generate dividend income. Therefore, investors seeking dividend income should consider other investment options.