# Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF (PLIB): ETF Facts & Distributions

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- Issuer: Direxion · Asset class: —
- Strategy: Thematic · Inception: 2026-07-29

PLIB aims to generate high income from the stock volatility of Palantir Technologies (NASDAQ: PLTR). The ETF uses swaps to track an index that systematically writes weekly, out-of-the-money call options on PLTR, targeting a specific annualized distribution rate, distributed twice per month. PLIB adds a daily delta hedging strategy, which adjusts PLTR exposure each trading day to offset the negative delta of the short call position. This approach is designed to allow participation in PLTR's upside price movements. The option strike price selection process is formulaic and recalibrated weekly...

## Key Facts

| Metric | Value |
|---|---|
| Price | $33.69 |
| Expense Ratio | 0.99% |
| Assets Under Management | $2.7M |
| NAV | $33.74 |
| Holdings Count | 0 |
| Distribution Yield (TTM) | 12.30% |
| Annual Distribution (TTM) | $4.14 /share |
| Distribution Frequency | Irregular |
| 52-Week Range | $24.38 – $36.80 |
| Beta | 0.00 |

## Latest Distribution

- Amount: $0.3043 /share
- Ex-date: 2026-10-15
- Pay date: 2026-10-16

## Frequently Asked Questions

### What does PLIB invest in?

PLIB aims to generate high income from the stock volatility of Palantir Technologies (NASDAQ: PLTR). The ETF uses swaps to track an index that systematically writes weekly, out-of-the-money call options on PLTR, targeting a specific annualized distribution rate, distributed twice per month. PLIB adds a daily delta hedging strategy, which adjusts PLTR exposure each trading day to offset the negative delta of the short call position. This approach is designed to allow participation in PLTR's upside price movements. The option strike price selection process is formulaic and recalibrated weekly based on PLTR's price and implied volatility. The strategy also includes an options unwind feature that may close an option position early if certain thresholds are met. Distributions are characterized as ordinary income, though investors should note that if the strategy does not generate sufficient income in a given period, distributions may be partially characterized as a return of capital.

### What is the expense ratio of PLIB?

Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF (PLIB) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

### What is PLIB's dividend yield?

PLIB's trailing-twelve-month yield is 12.30%, calculated from the sum of dividends over the past year divided by the current price.

### How big is PLIB?

Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF (PLIB) manages $2.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is PLIB actively managed or an index fund?

PLIB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was PLIB launched?

Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF (PLIB) launched in July 2026 and is managed by Direxion.

### Does PLIB pay a dividend?

Yes, Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF (PLIB) distributes dividends to shareholders. The trailing-twelve-month yield is 12.30%. Full dividend history is on this page.

### How often does PLIB pay dividends?

Direxion Shares ETF Trust - Direxion PLTR Defined Income Boost ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is PLIB's next ex-dividend date?

The most recently announced ex-dividend date for PLIB was 2026-10-15. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page.

### How much will PLIB's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.99% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does PLIB charge its expense ratio?

The expense ratio is deducted in tiny daily slices from PLIB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does PLIB cost more than a fund like VOO?

PLIB's strategy (current expense ratio 0.99%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PLIB sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to PLIB?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PLIB (0.99%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/plib
- Distribution history: https://www.dividenddata.com/funds/plib/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/plib/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/plib/expenses
- Peer comparison: https://www.dividenddata.com/funds/plib/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.