- CUSIP
- 38747R710
- Issuer
- GraniteShares
- Inception Date
- Sep 3, 2024
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Palantir Technologies Inc. (200%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mega-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $271M
Highlights
- Avg. Volume (1M)
- 4M
- Avg. Volume Value (1M)
- $50.90M
Share Price Chart
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Performance
PTIR Performance Chart
GraniteShares 2x Long PLTR Daily ETF (PTIR) is down 62.2% since the beginning of the year. PTIR is currently trading at $10 per share.
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Returns By Period
GraniteShares 2x Long PLTR Daily ETF (PTIR) has returned -62.18% so far this year and -56.45% over the past 12 months.
GraniteShares 2x Long PLTR Daily ETF
- 1D
- 1.20%
- 1M
- -11.63%
- 6M
- -43.20%
- YTD
- -62.18%
- 1Y
- -56.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 164.95%
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%
PTIR Monthly Returns History
Based on dividend-adjusted daily data since Sep 4, 2024, PTIR's average daily return is +0.70%, while the average monthly return is +14.02%. At this rate, an investment would double in approximately 0.4 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2024 with a return of +142.5%, while the worst month was Jun 2026 at -46.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.
On a daily basis, PTIR closed higher 54% of trading days. The best single day was Feb 4, 2025 with a return of +47.2%, while the worst single day was May 6, 2025 at -24.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -33.41% | -16.57% | 10.24% | -12.52% | 22.77% | -46.64% | 7.78% | -62.18% | |||||
| 2025 | 14.57% | -3.91% | -7.92% | 81.51% | 17.29% | 3.06% | 32.50% | -5.43% | 33.16% | 17.44% | -32.30% | 8.93% | 221.36% |
| 2024 | 44.38% | 21.86% | 142.50% | 23.14% | 425.36% |
Benchmark Metrics
GraniteShares 2x Long PLTR Daily ETF has an annualized alpha of 194.67%, beta of 3.96, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since September 04, 2024.
- This ETF captured 535.45% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -236.65%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.26 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
- 194.67%
- Beta
- 3.96
- R²
- 0.26
- Upside Capture
- 535.45%
- Downside Capture
- -236.65%
Expense Ratio
PTIR has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PTIR ranks 5 for risk / return — above 5% 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 GraniteShares 2x Long PLTR Daily ETF (PTIR) 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.
| PTIR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.98 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.25 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 2.00 | -2.75 |
| Martin ratioReturn relative to average drawdown | -1.21 | 8.49 | -9.70 |
Dividends
Dividend History
GraniteShares 2x Long PLTR Daily ETF provided a 15.36% dividend yield over the last twelve months, with an annual payout of $1.55 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.55 | $1.55 |
Dividend yield | 15.36% | 5.81% |
Monthly Dividends
The table displays the monthly dividend distributions for GraniteShares 2x Long PLTR Daily ETF. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $1.55 | $1.55 |
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 GraniteShares 2x Long PLTR Daily ETF. 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 GraniteShares 2x Long PLTR Daily ETF was 79.40%, occurring on Jun 25, 2026. The portfolio has not yet recovered.
The current GraniteShares 2x Long PLTR Daily ETF drawdown is 73.93%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-79.40%Jun 2026 | 7mo 23d | — | 9mo 1dNov 2025 - now | — |
-69.10%Apr 2025 | 1mo 14d | 2mo 21d | 4mo 5dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-39.33%Jan 2025 | 18d | 22d | 1mo 10dDec 2024 - Feb 2025 | — |
-34.60%Sep 2025 | 25d | 1mo 24d | 2mo 19dAug 2025 - Oct 2025 | — |
-19.26%Jul 2025 | 4d | 13d | 17dJun 2025 - Jul 2025 | — |
Drawdown Indicators
| PTIR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.40% | -56.78% | -22.62% |
Max Drawdown (1Y)Largest decline over 1 year | -79.40% | -9.10% | -70.30% |
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 | -73.93% | -1.58% | -72.35% |
Average DrawdownAverage peak-to-trough decline | -31.05% | -10.70% | -20.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.56% | 2.14% | +46.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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