ProShares Ultra PLTR (PLTA)

ProShares Ultra PLTR (PLTA) is a leveraged single-stock ETF from ProShares, a Bethesda, Maryland based sponsor of geared funds. It seeks daily investment results equal to two times the daily performance of Palantir Technologies stock.

The fund achieves its leverage primarily through swap agreements and resets exposure each day. Because the 2x target applies to one-day returns only, performance over longer periods can deviate significantly from twice Palantir's return as a result of compounding.

PLTA trades on NYSE Arca.