(PLTG) Leverage Shares 2X Long - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 40m USD | Total Return: -11.5% in 12m
Avg Turnover: 4.00M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Leverage Shares 2X Long PLTR Daily ETF (PLTG) is a non-diversified exchange-traded fund designed to provide 200% of the daily price performance of Palantir Technologies Inc. To achieve this objective, the fund invests at least 80% of its net assets in financial instruments, including derivatives and borrowings, that create leveraged exposure to the underlying stock.
Palantir operates within the enterprise software sector, specializing in big data analytics platforms that integrate disparate data sets for deep-pattern analysis. The company utilizes a land and expand business model, initially deploying software through high-touch pilot programs before scaling across government and commercial organizations. Investors can examine detailed valuation metrics on ValueRay to better understand these growth drivers.
- Palantir commercial revenue growth accelerates through AIP adoption and enterprise scaling
- Expansion of US government defense contracts drives long-term backlog stability
- Rising interest rates increase financing costs for leveraged derivative positions
- High volatility in PLTR shares triggers significant daily compounding tracking error
- Federal procurement shifts impact high-margin government software deployment cycles
As of May 29, 2026, the stock is trading at USD 14.27 with a total of 503,917 shares traded.
Over the past week, the price has changed by +8.27%,
over one month by -0.42%,
over three months by -1.38% and
over the past year by -11.50%.
Leverage Shares 2X Long has no consensus analysts rating.