- What does PLTL invest in?
- Corgi PLTR 2x Daily ETF is an actively managed fund that seeks daily investment results, before fees and expenses, corresponding to two times (2x) the daily performance of the common stock of Palantir Technologies Inc. (NASDAQ: PLTR). The Fund invests directly and through derivatives such as swaps to achieve its leveraged daily target, resetting exposure each trading day. Returns over periods longer than a single day can differ significantly from 2x PLTR's cumulative performance due to daily rebalancing and compounding, particularly in volatile markets.
- What is the expense ratio of PLTL?
- Corgi PLTR 2x Daily ETF (PLTL) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- Is PLTL a good long-term hold?
- PLTL 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 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 PLTL's daily reset work?
- PLTL 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 PLTL?
- Corgi PLTR 2x Daily ETF (PLTL) manages $944,358 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 PLTL actively managed or an index fund?
- PLTL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
