Ticker:
PLOO
2x Capped Accelerated PLTR
Expense Ratio: 0.75%
*Data as of 05/18/2026. Investment involves significant risk.
NAV*
$13.73
Monthly Upside Cap (Gross)*
16.40%
Remaining Cap %*
17.93%
Year-To-Date Change
-17.74%
Overview
What is the PLOO ETF?
The Leverage Shares 2x Capped Accelerated PLTR Monthly ETF (PLOO) is an exchange traded fund (ETF) designed to provide approximately 200% (2x) the monthly upside performance of Palantir Technologies Inc stock (PLTR), up to a published monthly cap, while seeking to provide approximately the same downside exposure as the stock, before fees and expenses. This product allows sophisticated investors and tactical traders to gain accelerated upside exposure to Palantir Technologies Inc through a regulated, liquid ETF structure listed on Cboe.
The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.
The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period, approximately one month. There is no guarantee that the Outcomes for an Outcome Period will be realized or that the Fund will achieve its investment objective. Inventors who purchase shares after the start of an outcome period may be subject to enhanced risks.
An investor who buys Fund shares after the start of an Outcome Period or who sells shares before the end of an Outcome Period may not fully realize the Accelerated Return and may be exposed to greater losses than that of the Underlying Stock. An investment in the Fund is appropriate only for investors willing to bear those losses.
Terms:
- Outcome Period: A full calendar month (e.g., January 1 - January 31)
- Accelerated Return: Approximately twice the share price increase experienced by the Underlying Stock over the Outcome Period.
- Approximate Cap: The approximate upside limit on the Accelerated Return during the Outcome Period, which will reset at the start of each Outcome Period.
Fund Objective
To seek monthly investment results, before fees and expenses, that correspond to approximately 200% (2x) the capped upside of the monthly share price performance of Palantir Technologies Inc (PLTR), with approximately 1x downside exposure over each full calendar month outcome period.
Who is this fund for?
Sophisticated investors and tactical traders seeking defined, accelerated upside exposure to Palantir Technologies Inc over a monthly horizon, without using a margin account.
Key Facts
Key Information
Trading Details
Distributions
As of 05/19/2026
2025 Distribution Schedule
Distribution Schedule (.xlsx)*The 30-day SEC yield is a standardized calculation used for bond funds, specifically those registered with the U.S. Securities and Exchange Commission (SEC). It represents the net investment income (dividends and interest) earned over the last 30 days, after deducting expenses, and expressed as an annualized rate.
Distributions are not guaranteed.
ETF Prices
Holdings & Characteristics
Fund Holdings*
As of 05/18/2026
*Holdings Subject to Change
The Fund is not suitable for all investors. It is intended only for knowledgeable investors who understand single-stock risk and options-based strategies, the monthly cap on upside, and the need to monitor positions frequently. The Fund is not appropriate for investors who do not intend to actively manage their portfolios.
The Fund seeks to provide approximately 200% of the underlying stock’s monthly return up to a cap (gross of fees and expenses), and approximately 100% of the stock’s monthly downside. Gains above the cap will not be captured, while losses are not capped. The cap resets each calendar month and may change from one month to the next as described in the prospectus.
Because the strategy rebalances and compounds over time, the Fund’s return for periods longer than a single month will be the result of each month’s returns compounded over the period and will very likely differ from 200% of the underlying stock’s cumulative return over the same period. The Fund can lose value when the underlying stock is flat or volatile, and it is possible the Fund will lose money over time even if the underlying stock rises over multi-month periods. Returns are path-dependent and can differ materially based on the timing of purchases and sales.
An investor could lose the full principal value of their investment, including within a single month, if the underlying stock declines substantially, and could lose all of their investment if the underlying stock becomes worthless. Always review the prospectus and risk disclosures before investing.
Sector & Country Breakdown
Outcome Period Performance
Current Outcome Period Values
(Current/Net)
As of
Outcome Period Values
Current View
As of
Current figures are net of accrued Outcome Period expenses to date. Net figures include Outcome Period expenses yet to be incurred.
Fund return and current outcome period values assume reinvestment of capital gain distributions, if any. Investors purchasing the fund intra-period will achieve a different defined outcome than those who entered on day one. The remaining cap represents the maximum return the fund can achieve at its current price. The reference asset may need to rise higher or lower than the remaining cap before the remaining cap is realized.
Performance
Performance History
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.
Key Features & Competitive Advantages
Accelerated Upside (Capped)
PLOO aims to deliver approximately 2x the positive return of the underlying stock over a one-month period, up to a predefined cap. This creates a structured payoff profile designed to enhance gains in rising markets.
1:1 Downside Exposure
If the underlying stock declines, the fund tracks those losses on a roughly 1:1 basis. There is no downside buffer, meaning performance remains directly linked to the stock over the monthly outcome period.
Monthly Reset Structure
The strategy resets each month, with a new upside cap set based on prevailing market conditions. Outcomes are designed to provide a clear and repeatable return framework.
ETF Wrapper, Defined Risk
Investors cannot lose more than their initial investment. No margin calls or additional capital are required, offering a defined-risk way to express short-term views.
Frequently Asked Questions about PLOO
PLOO aims to deliver approximately 2x the positive return of the underlying stock over a one-month period, up to a predefined cap. If the cap is reached, returns are limited even if the stock continues to rise.
If the underlying stock declines over the outcome period, the fund tracks those losses on a roughly 1:1 basis.
An investor can lose up to the full value of their investment if the underlying stock declines significantly. However, you cannot lose more than your initial investment, as there are no margin calls.
The fund is designed around a one month outcome period. Investors should consider how the monthly reset and capped structure may affect returns over different holding periods.
At the start of each month, the fund resets its exposure and establishes a new upside cap based on prevailing market conditions. This reset defines the payoff profile for the next outcome period.
Unlike daily leveraged ETFs, which target a multiple of daily returns, PLOO is designed around a one month outcome with a capped upside and 1x downside, creating a more defined return profile over that period.
These ETFs are generally designed for tactical use over shorter horizons. Because returns depend on the monthly reset structure and capped upside, longer holding periods may produce outcomes that differ from expectations.
