What this ETF is trying to do

The T-REX 2X LONG PLTR DAILY TARGET ETF (ticker: PLTU) is a specialized fund designed to track the daily performance of Palantir Technologies Inc. This is a "leveraged" single-stock ETF. This means it aims to provide twice the daily movement of Palantir's stock price.

What the numbers show

As of October 7, 2026, the current price of PLTU is $60.45. An estimated price from roughly one year ago was about $100.59.

When looking at how the share price has moved (the price return), the fund has seen a decline. The one-year price return was -39.90%, and the year-to-date (YTD) price return was -17.80%.

The "total return" is different because it includes the value of distributions. The one-year total return was -26.76%, and the YTD total return was -16.17%.

Top Holdings:

• Palantir Technologies Inc (PLTR): 8.61%

Income and distribution explanation

PLTU has a high distribution yield of 28.34%. This represents the cash distributions paid out relative to the ETF's price. The fund usually pays these distributions on a quarterly basis, though it paid five times over the last 12 months. It is important to remember that a very high distribution yield does not mean an investor earned that percentage as their total return.

NAV erosion explanation

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, the fund has a severe erosion-risk flag. This means StockValueFinder screening rules detected substantial price deterioration. The fund also has an erosion score of 30, which is labeled as "significant price erosion." These factors together triggered the severe erosion-risk warning.

Pros

• Provides a high distribution yield of 28.34%.

• Offers a way to gain leveraged exposure to Palantir Technologies Inc.

Cons

• Significant share-price decline over the last year (-39.90%).

• Carries a severe erosion-risk flag due to price trends.

• High risk because it is a single-stock, leveraged ETF.

Beginner takeaway

PLTU is a high-risk tool designed for specific daily movements in Palantir stock. While it offers a high distribution yield, the share price has dropped significantly over the past year. Investors should note that high cash payments can exist even when the share price is falling.