Defiance ETFs Launches First 2X Short PLTR ETF

• Defiance ETFs has introduced the Defiance Daily Target 2X Short PLTR ETF (PLTZ), offering a unique way to bet against Palantir Technologies Inc. with 2X leverage.
• The PLTZ ETF is designed for experienced investors, providing a tool for expressing bearish views on Palantir's stock without the need for margin accounts or complex derivatives.
• Despite the potential for significant returns, the PLTZ fund carries high risks, including derivatives risk, counterparty risk, and the effects of market volatility, making it unsuitable for all investors.

Defiance ETFs has introduced the Defiance Daily Target 2X Short PLTR ETF, trading under the ticker PLTZ. This ETF is the first of its kind, offering a 2X short single-stock exposure to Palantir Technologies Inc. This provides active traders a tool to express bearish views on Palantir's short-term movements without needing margin accounts or complex derivatives.

Palantir Technologies, established in 2003, is known for its software solutions in complex data environments, serving both public and private sectors. The company is recognized for its advanced data analytics and artificial intelligence capabilities. Despite its growth potential, the PLTZ fund is not a direct investment in Palantir. It carries risks such as derivatives risk, counterparty risk, and market volatility risk, which investors should consider.

The PLTZ fund is designed for knowledgeable investors who understand the risks of leverage and short exposure. It is not suitable for all investors, as it magnifies the inverse performance of Palantir, making it riskier than non-leveraged alternatives.

As of June 2, 2025, Goldman Sachs maintained a Neutral rating for Palantir, recommending holding the stock. At that time, Palantir's stock price was $132.04. Currently, the stock trades at $127.72, with a recent price increase of $7.81, or 6.51%. The stock has fluctuated between $121.92 and $128.13 today, with a market capitalization of approximately $289 billion.

Defiance ETFs, founded in 2018, is known for its innovative ETF offerings, including thematic, income, and leveraged ETFs. The PLTZ fund is sponsored by Defiance ETFs LLC, with Tidal Investments, LLC as the investment adviser. Investors are advised to carefully consider the fund's investment objectives, risks, charges, and expenses before investing.