PTIR
GraniteShares 2x Long PLTR Daily ETF·NASDAQ
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Key Stats
Assets Under Management
613.17MUSD
Fund Flows (1Y)
744.77MUSD
Dividend Yield
5.81%
Discount/Premium to NAV
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Shares Outstanding
24.10M
Expense Ratio
1.04%
About GraniteShares 2x Long PLTR Daily ETF
Issuer
GraniteShares Advisors LLC
Brand
GraniteShares
Inception Date
Sep 3, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
PTIR is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of PLTR stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Application Software
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Sector
Technology
100.00%
Technology
100.00%
Asset
No data available
Holdings
Symbol
Ratio
PLTR
200.13%
US Dollars
100.00%
Symbol
Ratio
No holdings data
Top 10 Weight 300.13%
2 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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