GraniteShares 2x Short PLTR Daily ETF (PLTD) ETF Price, Holdings & News

Technical Score (1D)

SELL

News Sentiment

BULLISH

What's happening to PLTD today?

PLTD’s most recent activity is driven by a sharp institutional sell‑off of Palantir (PLTR) shares, with Leeward Financial Partners LLC trimming its stake by 74.9 % in Q2, leaving only $609 k of exposure. The move signals a bearish reassessment of PLTR’s valuation amid a broader institutional rebalancing, even as other funds such as Prospect Hill and ABN AMRO are adding positions, underscoring a split view on the AI‑software play. Technical traders note that PLTR is hovering just above a key buy zone, suggesting short‑term bullish momentum, but resistance near the current price could temper gains if the breakout fails to hold. The company’s latest earnings report—showing a 149 % jump in U.S. commercial revenue and $1.06 B GAAP net income—provides a strong earnings backdrop, yet consensus upside remains modest at 9 % versus a 21 % independent model, reflecting uncertainty over sustaining the high growth trajectory. Revenue and margin expansion (93 % revenue growth, 47 % GAAP operating margin, 63 % adjusted free‑cash‑flow margin) reinforce Palantir’s premium valuation, but the 155 % Rule‑of‑40 score also highlights the need for continued margin discipline. Meanwhile, a £140 million merger between Arcturis Data and Akrivia Health is poised to challenge Palantir’s NHS data contracts, potentially diverting revenue and increasing pricing pressure in the UK market. The regulatory approval timeline for that deal and any subsequent contract wins will be a key catalyst for PLTD’s sector exposure over the next 1–10 trading days. Traders should monitor PLTR’s next earnings release for signs of sustained U.S. commercial growth, watch for a breakout or reversal at the current resistance level, and keep an eye on the UK merger’s regulatory status and early contract outcomes.

News Sentiment Analysis

Sentiment gathered from recent headlines

73/100

Strong NegativeNeutralStrong Positive

BULLISH

Recent News Coverage (Top ETF Holdings)

ETF: PLTD

0+ articles

Last updated: April 9, 2026

Understanding GraniteShares 2x Short PLTR Daily ETF

The GraniteShares 2x Short PLTR Daily ETF (PLTD) is designed to offer investors a daily inverse leveraged exposure to Palantir Technologies (PLTR). Its primary mechanism involves investing in financial instruments like swap agreements and options to achieve a return that is twice the inverse of PLTR's daily performance. The fund's structure explicitly targets short-term, daily objectives, meaning performance over longer than one-day periods can deviate substantially due to compounding effects.

This ETF is characterized by extreme concentration, holding a 100% weight in Palantir Technologies Inc (Inverse Leveraged Exposure) according to its top holdings data. Such a construction means PLTD's performance is inextricably linked to the daily price movements of a single underlying company. This lack of diversification amplifies both potential gains and losses, making it a highly specific tool rather than a broad market expression.

PLTD is best suited for sophisticated traders and investors with a strong conviction on the short-term downside of Palantir Technologies. Its leveraged, inverse, and highly concentrated nature makes it inappropriate for buy-and-hold strategies or investors seeking broad market diversification. The fund's utility lies in tactical, short-duration bearish bets against PLTR, requiring active monitoring and precise timing.

Single-Stock Concentration

PLTD's holdings are 100% concentrated in Palantir Technologies Inc (Inverse Leveraged Exposure). This extreme focus means the ETF's performance is directly tied to PLTR's daily price action.

This level of concentration eliminates diversification benefits and exposes investors to significant single-stock risk. Any adverse movement in PLTR will have a magnified impact on PLTD's value.

Investors must have a high degree of confidence in their short-term bearish outlook on Palantir to consider this ETF, as there are no other holdings to mitigate potential losses.

Daily Inverse Leverage

The ETF aims to deliver twice the inverse of Palantir's daily performance, utilizing financial instruments like swaps and options.

This leveraged and inverse structure is designed for short-term trading. Compounding effects mean that returns over periods longer than one day can differ significantly from the stated objective.

Frequent rebalancing is inherent in its structure to maintain the daily target, which can incur costs and tracking discrepancies over time.

Tactical Bearish Strategy

PLTD is a specialized instrument intended for tactical bearish positioning against Palantir Technologies.

It is not designed for long-term investment due to the potential for significant divergence from its stated objective over longer holding periods.

Its use case is limited to sophisticated traders who understand the risks of leveraged inverse ETFs and have a clear, short-term bearish thesis.

Structural Costs

While the expense ratio is not provided in the data, leveraged and inverse ETFs typically carry higher fees due to their complex structures and active management.

Investors should treat the expense ratio as a critical due diligence item. Higher fees can erode returns, especially for short-term trades where the profit margins may be slim.

The costs associated with swap agreements and other derivatives used to achieve the inverse leveraged exposure can also contribute to the overall cost of ownership.

Positioning PLTD

PLTD should only be considered for very short-term tactical trades, ideally held for less than a single trading day. Sizing should reflect the high-risk nature of a leveraged, single-stock inverse ETF, potentially as a small hedge against a long position in PLTR or a related sector. Re-evaluation of the position is critical at the end of each trading day, as holding overnight magnifies tracking error and introduces significant compounding risk.

What Influences PLTD?

PLTD's performance is directly tied to the daily price movements of Palantir Technologies (PLTR), aiming for a 1x inverse return. The ETF's objective means its gains or losses are a mirror of PLTR's daily performance, amplified by its inverse structure.

Palantir Daily Moves

As a 1x inverse ETF, PLTD's primary driver is the daily price change of its sole underlying asset, Palantir Technologies (PLTR). The fund seeks to deliver the opposite of PLTR's daily performance, meaning a 1% rise in PLTR results in approximately a 1% loss for PLTD, and vice-versa.

This direct relationship means that any news, analyst ratings, or market sentiment shifts specifically impacting Palantir will directly influence PLTD's value. The effectiveness of this inverse exposure is reset daily, making it sensitive to intraday volatility and short-term price swings in PLTR.

Inverse Structure Effects

PLTD employs financial instruments like swaps and options to achieve its daily inverse exposure to Palantir. These derivatives are designed to magnify the daily price changes of PLTR in the opposite direction. This structure is crucial for understanding the fund's behavior over longer periods.

The daily reset mechanism means that compounding effects can lead to significant divergence from a simple inverse of PLTR's performance over multiple days. For instance, if PLTR has a volatile week with small net gains, PLTD could experience substantial losses due to the nature of daily rebalancing and inverse leverage.

Concentration Risk

PLTD is a non-diversified fund, with its strategy entirely dependent on the performance of a single stock, Palantir Technologies. This extreme concentration means that any adverse event affecting PLTR can have a devastating impact on the ETF's value.

The fund's top holding, Palantir Technologies Inc (Inverse Leveraged Exposure), represents 100% of its net assets. This singular focus amplifies the risks associated with Palantir's specific business operations, competitive landscape, and regulatory environment.

Key insight: PLTD's trajectory is almost entirely dictated by the daily price action of Palantir Technologies. Investors should understand the implications of the daily reset and the inherent risks of a single-stock, inverse leveraged strategy.

Key Metrics for PLTD

Risk Factors to Monitor

Frequently Asked Questions

News Sentiment Analysis

Sentiment gathered from recent headlines

73/100

Strong NegativeNeutralStrong Positive

BULLISH

Recent News Coverage (Top ETF Holdings)

ETF: PLTD

0+ articles

Last updated: April 9, 2026

Understanding GraniteShares 2x Short PLTR Daily ETF

Single-Stock Concentration

PLTD's holdings are 100% concentrated in Palantir Technologies Inc (Inverse Leveraged Exposure). This extreme focus means the ETF's performance is directly tied to PLTR's daily price action.

This level of concentration eliminates diversification benefits and exposes investors to significant single-stock risk. Any adverse movement in PLTR will have a magnified impact on PLTD's value.

Investors must have a high degree of confidence in their short-term bearish outlook on Palantir to consider this ETF, as there are no other holdings to mitigate potential losses.

Daily Inverse Leverage

The ETF aims to deliver twice the inverse of Palantir's daily performance, utilizing financial instruments like swaps and options.

This leveraged and inverse structure is designed for short-term trading. Compounding effects mean that returns over periods longer than one day can differ significantly from the stated objective.

Frequent rebalancing is inherent in its structure to maintain the daily target, which can incur costs and tracking discrepancies over time.

Tactical Bearish Strategy

PLTD is a specialized instrument intended for tactical bearish positioning against Palantir Technologies.

It is not designed for long-term investment due to the potential for significant divergence from its stated objective over longer holding periods.

Its use case is limited to sophisticated traders who understand the risks of leveraged inverse ETFs and have a clear, short-term bearish thesis.

Structural Costs

While the expense ratio is not provided in the data, leveraged and inverse ETFs typically carry higher fees due to their complex structures and active management.

Investors should treat the expense ratio as a critical due diligence item. Higher fees can erode returns, especially for short-term trades where the profit margins may be slim.

The costs associated with swap agreements and other derivatives used to achieve the inverse leveraged exposure can also contribute to the overall cost of ownership.

PLTD·GraniteShares 2x Short PLTR Daily ETF

What's happening to PLTD today?

News Sentiment Analysis

Recent News Coverage (Top ETF Holdings)

Discover More

Understanding GraniteShares 2x Short PLTR Daily ETF

Single-Stock Concentration

Daily Inverse Leverage

Tactical Bearish Strategy

Structural Costs

Positioning PLTD

What Influences PLTD?

Palantir Daily Moves

Inverse Structure Effects

Concentration Risk

Key Metrics for PLTD

Risk Factors to Monitor

Frequently Asked Questions

News Sentiment Analysis

Recent News Coverage (Top ETF Holdings)

Discover More

Understanding GraniteShares 2x Short PLTR Daily ETF

Single-Stock Concentration

Daily Inverse Leverage

Tactical Bearish Strategy

Structural Costs

Positioning PLTD

What Influences PLTD?

Palantir Daily Moves

Inverse Structure Effects

Concentration Risk

Key Metrics for PLTD

Risk Factors to Monitor

Frequently Asked Questions