GraniteShares 2x Long PLTR Daily ETF

Frequently Asked Questions About PTIR

What does PTIR invest in?

This Fund aims to deliver daily investment performance that, before accounting for fees and expenses, is equivalent to two times (200%) the daily percentage movement of Palantir Technologies Inc.'s common stock (NASDAQ: PLTR). It is important to note that the Fund cannot guarantee it will consistently achieve this objective. Furthermore, for holding periods extending beyond a single day, investors should not anticipate its cumulative return to directly correspond to twice the cumulative return of PLTR.

What is the expense ratio of PTIR?

GraniteShares 2x Long PLTR Daily ETF (PTIR) charges an expense ratio of 1.04%. This is the annual fee deducted from fund assets to cover management and operations.

Is PTIR a good long-term hold?

PTIR 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 PTIR's daily reset work?

PTIR 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 PTIR?

GraniteShares 2x Long PLTR Daily ETF (PTIR) manages $331.5M 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 PTIR actively managed or an index fund?

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