PLU
Defiance Daily Target 2X Long PL ETF
Distribution Rate *
Distribution Frequency
30-Day SEC Yield **
Daily Target 2X Long PL (Planet Labs PBC) ETF
Overview
The Defiance Daily Target 2X Long PL ETF (PLU) provides investors with amplified long exposure to Planet Labs PBC (NYSE: PL), a leading Earth observation and geospatial data company operating one of the world’s largest constellations of imaging satellites. PLU seeks to deliver 200% of the daily performance of Planet Labs’ stock, offering active traders a tactical way to express bullish views on satellite imagery, geospatial intelligence, and data-driven global monitoring—without the need for a margin account.
Investment Objective
The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Planet Labs PBC (NYSE: PL). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.
Underlying Stock: Planet Labs PBC
Planet Labs PBC operates a global fleet of Earth-imaging satellites that deliver frequently updated imagery and geospatial data to commercial and government customers worldwide. The company’s platform supports applications across agriculture, climate and environmental monitoring, mapping, disaster response, national security, and supply chain intelligence. Planet Labs’ performance is influenced by factors including government and commercial demand for geospatial analytics, satellite deployment and operational execution, technological innovation, competitive dynamics within the space and data analytics industries, regulatory developments, and broader macroeconomic and geopolitical conditions.
An investment in the Fund is not an investment in Planet Labs PBC.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of the Underlying Security and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of PL over the same period. It is possible investors could lose their entire principal within a single trading day.
PLUMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 23.87% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 24.20% |
| 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 02/17/2026Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Planet Labs Pbc Swap Cantor-l | 72703X106-TRS-09/08/28-L-PLU | $23.74 | 56.46% | 139,939 | $3,322,152 |
| Planet Labs Pbc Swap Marex-l | 72703X106-TRS-01/08/29-L-PLU | $23.74 | 55.22% | 136,850 | $3,248,819 |
| Planet Labs Pbc Swap Cs-l | 72703X106-TRS-02/22/28-L-PLU | $23.74 | 45.90% | 113,752 | $2,700,472 |
| Planet Labs Swap Nbc-l | 72703X106-TRS-02/25/27-L-PLU | $23.74 | 42.37% | 105,000 | $2,492,700 |
| First American Government Obligations Fund 12/01/2031 | FGXXX | $100.00 | 11.60% | 682,736 | $682,736 |
| United States Treasury Bill 03/19/2026 | 912797PV3 | $99.72 | 4.75% | 280,000 | $279,212 |
| United States Treasury Bill 02/19/2026 | 912797PM3 | $100.00 | 2.55% | 150,000 | $150,000 |
| Cash & Other | Cash&Other | $1.00 | -118.92% | -6,996,605 | $-6,996,605 |
| Download Fund Documents |
|---|
Distributions
Declaration Date |
Ex-Div Date |
Record Date |
Payable Date |
Amount ($) |
|---|---|---|---|---|
12/29/2026 |
12/30/2026 |
12/30/2026 |
12/31/2026 |
$– |
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| No records found | |||||
| Distribution Rate *
Payable As of |
-% |
| Distribution Frequency | Monthly |
| 30-Day SEC Yield ** As of — |
-% |
