PLTZ
Defiance Daily Target 2X Short PLTR ETF
Distribution Rate *
Distribution Frequency
30-Day SEC Yield **
Defiance Daily Target 2X Short PLTR ETF
The Defiance Daily Target 2X Short PLTR ETF (the “Fund”) seeks daily investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Palantir Technologies Inc. (NASDAQ: PLTR) (the “Underlying Security” or “PLTR”).
PLTZ does not invest directly in PLTR. Because the Fund seeks daily -200% inverse leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage or short strategies. There is no guarantee that the Fund will meet its stated objective. The return of the Fund for a period longer than a trading day will be the result of each trading day’s compounded return over the period, which will very likely differ from -200% of the return of the Underlying Security for that period.
Underlying Stock: Palantir Technologies Inc. (NASDAQ: PLTR)
Palantir Technologies Inc. develops software that enables organizations to integrate and utilize their data, decisions, and operations at scale. Founded in 2003, the company initially built software for U.S. intelligence agencies to support counterterrorism efforts and later expanded to serve commercial enterprises facing similar data challenges. PLTR is currently listed on The Nasdaq Stock Market LLC (“NASDAQ”), however, it was previously listed on the New York Stock Exchange (“NYSE”). According to Palantir Technologies Inc.’s most recent Form 10-K filing, the aggregate market value of the common stock held by non-affiliates of PLTR, based on the closing price of the shares of Class A common stock on June 28, 2024 as reported by the NYSE on such date was approximately $51.5 billion.
The Fund may not achieve investment results, before fees and expenses, that correspond to -2 times the daily performance of the Underlying Security, and may return substantially less during such periods. During such periods, the Fund’s actual inverse exposure may differ substantially from its intended target, both intraday and at the close of trading, potentially resulting in significantly lower or more volatile returns.
PLTZMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -26.93% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -26.95% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
Fund Details
Data as of 07/15/2025Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Cash & Other | Cash&Other | $1.00 | 282.69% | 31,553,658 | $31,553,658 |
| First American Government Obligations Fund 12/01/2031 | FGXXX | $100.00 | 17.19% | 1,918,525 | $1,918,525 |
| Palantir Technologies Inc Swap Marex | 69608A108-TRS-07/06/26-S | $148.58 | -199.89% | -150,161 | $-22,310,921 |
| Download Fund Documents |
|---|
Distributions
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| 12/30/2025 | 12/31/2025 | 12/31/2025 | 1/2/2026 | — |
| Distribution Rate *
Payable As of — |
-% |
| Distribution Frequency | Monthly |
| 30-Day SEC Yield ** As of — |
-% |
