- ISIN
- US25461A4296
- CUSIP
- 25461A429
- Issuer
- Direxion
- Inception Date
- Dec 11, 2024
- Region
- North America (U.S.)
- Category
- Inverse Equities
- Leveraged
- -1x
- Index Tracked
- Palantir Technologies Inc. (-100%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $41M
Highlights
- Avg. Volume (1M)
- 43M
- Avg. Volume Value (1M)
- $340.03M
Share Price Chart
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Performance
PLTD Performance Chart
Direxion Daily PLTR Bear 1X Shares (PLTD) is up 26.8% since the beginning of the year. PLTD is currently trading at $8 per share.
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Returns By Period
Direxion Daily PLTR Bear 1X Shares (PLTD) has returned 26.78% so far this year and 3.22% over the past 12 months.
Direxion Daily PLTR Bear 1X Shares
- 1D
- -0.72%
- 1M
- 3.64%
- 6M
- 5.36%
- YTD
- 26.78%
- 1Y
- 3.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -46.97%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PLTD Monthly Returns History
Based on dividend-adjusted daily data since Dec 11, 2024, PLTD's average daily return is -0.17%, while the average monthly return is -4.09%.
Historically, 25% of months were positive and 75% were negative. The best month was Jun 2026 with a return of +31.4%, while the worst month was Apr 2025 at -34.0%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 11 months.
On a daily basis, PLTD closed higher 46% of trading days. The best single day was May 6, 2025 with a return of +12.0%, while the worst single day was Feb 4, 2025 at -23.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 20.33% | 3.66% | -7.88% | 3.60% | -12.98% | 31.44% | -6.88% | 26.78% | |||||
| 2025 | -10.14% | -12.24% | -4.33% | -33.97% | -13.12% | -5.32% | -14.12% | -0.37% | -14.47% | -10.06% | 15.79% | -5.62% | -70.53% |
| 2024 | -5.12% | -5.12% |
Benchmark Metrics
Direxion Daily PLTR Bear 1X Shares has an annualized alpha of -14.34%, beta of -1.92, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since December 11, 2024.
- This ETF participated in 241.29% of S&P 500 Index downside but only -76.82% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -1.92 may look defensive, but with R2 of 0.27 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.27 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -14.34%
- Beta
- -1.92
- R²
- 0.27
- Upside Capture
- -76.82%
- Downside Capture
- 241.29%
Expense Ratio
PLTD has a high expense ratio of 0.98%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PLTD ranks 16 for risk / return — above 16% of ETFs peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Direxion Daily PLTR Bear 1X Shares (PLTD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLTD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 2.00 | -1.78 |
| Martin ratioReturn relative to average drawdown | 0.42 | 8.49 | -8.07 |
Dividends
Dividend History
Direxion Daily PLTR Bear 1X Shares provided a 2.76% dividend yield over the last twelve months, with an annual payout of $0.23 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.23 | $0.34 |
Dividend yield | 2.76% | 5.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily PLTR Bear 1X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.10 | |||||
| 2025 | $0.16 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily PLTR Bear 1X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily PLTR Bear 1X Shares was 77.34%, occurring on Nov 3, 2025. The portfolio has not yet recovered.
The current Direxion Daily PLTR Bear 1X Shares drawdown is 67.53%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-77.34%Nov 2025 | 9mo 23d | — | 1y 6moJan 2025 - now | — |
-13.68%Dec 2024 | 5d | 14d | 19dDec 2024 - Jan 2025 | — |
-4.65%Dec 2024 | 1d | 5d | 6dDec 2024 - Dec 2024 | — |
Drawdown Indicators
| PLTD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.34% | -56.78% | -20.56% |
Max Drawdown (1Y)Largest decline over 1 year | -27.95% | -9.10% | -18.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -67.53% | -1.58% | -65.95% |
Average DrawdownAverage peak-to-trough decline | -60.13% | -10.70% | -49.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.70% | 2.14% | +12.56% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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