Frequently Asked Questions About PLTA

What does PLTA invest in?

The ProShares Ultra PLTR fund is structured to provide daily returns that are double (2x) the daily performance of Palantir Technologies Inc.'s (NASDAQ: PLTR) Class A common stock. This objective is measured before the deduction of any fees or expenses.

What is the expense ratio of PLTA?

ProShares - Ultra PLTR (PLTA) charges an expense ratio of 1.88%. This is the annual fee deducted from fund assets to cover management and operations.

Is PLTA a good long-term hold?

PLTA is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does PLTA's daily reset work?

PLTA rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is PLTA?

ProShares - Ultra PLTR (PLTA) manages $6.4M 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 PLTA actively managed or an index fund?

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

PLTA

ProShares - Ultra PLTR

AMEX·Asset Management, Leveraged · Financial Services

$22.92$1.35−5.58%

After hours·$22.99+0.30%

Market closed·Oct 22 3:59 PM EDT

Price Chart

$22.92−$1.35 (−5.58%)today

−19.41%CAGR −17.57%

Select date range

FromTo

Sep 10, 2025Sep 10, 2025 → Oct 23, 2026· 1.1 yrsOct 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.50

Distribution Yield (FWD)2.19%

Annual Distribution (TTM)$0.54

Distribution Yield (TTM)2.35%

Distribution Growth (5Y)—

FrequencyQuarterly

Most Recent$0.13

Ex-Dividend DateSep 23

Payment DateSep 29

Cost & RiskExpenses Tab

Expense Ratio1.88%

Cost per 10k Invested$188

AUM$6.42M

Avg Daily Volume56.05K

Price$22.92

NAV$22.92

Premium / Discount+0.00%

52-Week Range$8.13 – $41.93

Beta0.54

Fund Overview

Cost Verdict

Is PLTA's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: ProShares
Asset Class: Equity
Strategy: Leveraged
Inception: September 8, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US74349Y3817
CUSIP: 74349Y381
Website: www.proshares.com/our-etfs/leveraged-and-inverse/plta

Peers

Innovator Emerging Markets 10 Buffer ETF

Cap

$13.1M

GWILX

Glenmede SMID Core Equity Advisor

Cap

$5.5M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About PLTA

What does PLTA invest in?: The ProShares Ultra PLTR fund is structured to provide daily returns that are double (2x) the daily performance of Palantir Technologies Inc.'s (NASDAQ: PLTR) Class A common stock. This objective is measured before the deduction of any fees or expenses.
What is the expense ratio of PLTA?: ProShares - Ultra PLTR (PLTA) charges an expense ratio of 1.88%. This is the annual fee deducted from fund assets to cover management and operations.
Is PLTA a good long-term hold?: PLTA is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does PLTA's daily reset work?: PLTA rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is PLTA?: ProShares - Ultra PLTR (PLTA) manages $6.4M 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 PLTA actively managed or an index fund?: PLTA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.