Palantir-Led Upside Continues Amid Volatility: PLTW ETF Surpasses S&P 500 by 20%.

The Roundhill PLTR WeeklyPay ETF, launched in February 2021, has surpassed the S&P 500 by 20% despite volatility. The ETF has accumulated assets over $130 million and is actively managed. It is currently trading at around $55.5.

The Roundhill PLTR WeeklyPay ETF, launched in February 2021, has demonstrated remarkable performance, surpassing the S&P 500 by 20% despite market volatility. The ETF, which seeks to provide calendar week returns that correspond to 1.2 times (120%) the calendar week total return of common shares of Palantir Technologies Inc. (NYSE: PLTR), has accumulated assets of over $130 million. Currently, the ETF is trading at around $55.50 [1].

The Roundhill PLTR WeeklyPay ETF is actively managed and invests in total return swap agreements and common stock to achieve its investment objectives. It is non-diversified, focusing solely on PLTR shares. The fund's strategy involves making weekly distribution payments to shareholders, which has attracted significant interest and contributed to its asset growth [2].

Despite the recent volatility in the financial markets, the ETF has managed to outperform the S&P 500 by a substantial margin. This performance highlights the effectiveness of the fund's strategy in delivering high returns. However, investors should be mindful of the risks associated with non-diversified funds and actively managed ETFs.

References:
[1] https://finance.yahoo.com/quote/PLTW/profile/
[2] https://finviz.com/quote.ashx?ov=chain_strike&s=41&t=PLTW&tt=tt-map&ty=oc