PLTA

Ultra PLTR

PLTA seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of Class A common stock of Palantir Technologies Inc. (NASDAQ: PLTR).

How to Buy
Why PLTA?
Magnified Returns

PLTA targets 2x the daily returns of Palantir (PLTR), a leader in advanced data analytics.

Efficient

PLTA offers 2x exposure with less cash—and without fear of margin calls.

Convenience

Buy and sell leveraged exposure via a single ticker in a brokerage account.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of a single stock (the “Daily Target”).

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

About the Fund
Holdings
Index
Distributions
View fund details

Documents & Downloads

Fund Fact Sheet
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window
Summary Prospectus
Statutory Prospectus
Statement of Add’l Info

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

About the Fund

Snapshot
  • Ticker
    PLTA
  • Intraday Ticker
    PLTA.IV
  • CUSIP
    74349Y381
  • Inception Date
    9/8/25
  • Gross Expense Ratio
    1.08%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 9/30/2025
  • NAV
    $33.53
  • NAV Change
    $+1.28 up caret
  • Market Price
    $33.51
  • Market Price Change
    $+1.27 up caret
  • Trading Volume (M)
    4,728
  • 30-Day Median Bid Ask Spread
    0.34%
  • View Premium / Discount
Snapshot
  • Ticker
    PLTA
  • Intraday Ticker
    PLTA.IV
  • CUSIP
    74349Y381
  • Inception Date
    9/8/25
  • Gross Expense Ratio
    1.08%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
Price
as of 9/30/2025
  • NAV
    $33.53
  • NAV Change
    $+1.28 up caret
  • Market Price
    $33.51
  • Market Price Change
    $+1.27 up caret
  • Trading Volume (M)
    4,728
  • 30-Day Median Bid Ask Spread
    0.34%
  • View Premium / Discount

Expenses with Contractual Waiver through September 30, 2026.

Holdings

as of 9/30/2025

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
97.80% -- PALANTIR TECHNOLOGIES SWAP BANK OF AMERICA NA BANK OF AMERICA NA 11,805,675 -- 64,717 --
84.47% -- PALANTIR TECHNOLOGIES INC (PLTR) SWAP CITIBANK NA CITIBANK NA 10,197,278 -- 55,900 --
17.76% -- PALANTIR TECHNOLOGIES INC (PLTR) SWAP NOMURA NOMURA 2,143,982 -- 11,753 --
-- -- NET OTHER ASSETS (LIABILITIES) -- $12,071,554.52 12,071,555 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Underlying Stock

as of 8/31/2025

  • Sector ClassificationInformation Technology
  • Price/Earnings Ratio522.90
  • Price/Book Ratio62.69
  • Market Capitalization$371.77 billion
Palantir Technologies Inc. (PLTR)

Palantir Technologies Inc. is a company that specializes in software platforms. It builds software platforms for use in counterterrorism investigations and operations, and has expanded to work with commercial enterprises.

Distributions

This fund has not made any distributions.

Get the latest perspectives and updates.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of a single stock (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.  

This Leveraged ETF’s performance depends almost entirely on the performance of a single stock, Palantir Technologies Inc. (PLTR), which involves significant risk and eliminates the benefits of diversification. Before investing, you should carefully consider that high volatility may have a significant negative impact on the Fund’s performance. The ETF’s performance should be measured from one NAV calculation time to the next and does not represent the returns you would receive if you traded shares at other times. PLTR’s stock price can be volatile, and the company may struggle to sustain profitability. PLTR’s business relies heavily on a limited number of customers, long and unpredictable sales cycles, and complex products. Additional risks include intense competition, reputational issues, cybersecurity threats, reliance on third-parties and government contracts, challenges in developing its technology, and regulatory, legal, and geopolitical risks. 

ProShares has derived all disclosures herein regarding PLTR from publicly available sources it deems to be reliable and makes no representation as to their accuracy or completeness. ProShares cannot give any assurance that all relevant events that would affect the trading price of PLTR have been publicly disclosed. Any future developments, whether disclosed or not, could affect the value of PLTR and, in turn, the value of the ETF. The ETF and ProShare Advisors LLC are not affiliated with Palantir Technologies Inc. or its common stock (PLTR).  

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. The ETF's investment exposure is concentrated in the industry in which the underlying stock operates. Narrowly focused investments typically exhibit higher volatility. Investors could potentially lose the full value of their investment within a single day. Please see the summary and full prospectuses at ProShares.com for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.   

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.  

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses at ProShares.com. Read them carefully before investing.   

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.