ProShares Ultra PLTR (PLTA) Performance
PLTA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −17.8% since Dec 31, 2025
- 1 year
- −26.3% total return
- Since first price
- −16.8% since 2025
PLTA trailing returns vs SPY, QQQ, AGG
| Period | PLTA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.5% | +2.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +119.6% | +118.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +50.3% | +48.4% | +7.8% | +8.4% | −1.5% |
| YTD | −17.8% | −19.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −26.3% | −28.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 10, 2025 | −16.8% | −19.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PLTA vs SPY
From Sep 10, 2025: PLTA grew to $8,316, SPY to $11,811.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PLTA returns by calendar year
2026 is year to date.
PLTA annual returns table
| Year | PLTA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −17.8% | −71.8% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PLTA largest drawdowns
Now 43.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 3, 2025 | −80.0% | Jun 25, 2026 | not yet | 8 months | 12 months so far |
| Oct 2, 2025 | −14.5% | Oct 3, 2025 | Oct 27, 2025 | 1 days | 25 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PLTA risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −34.6% |
| Volatility (annualized) | 140.1% |
| Sharpe ratio | 0.20 |
| Sortino ratio | 0.40 |
| Best month | +110.2% |
| Worst month | −46.8% |
| Best 12 months | −34.6% |
| Worst 12 months | −34.6% |
| Positive months | 50% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PLTA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | −39.8% | −37.2% | −34.6% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
PLTA performance overview
ProShares Ultra PLTR (PLTA) returned −26.3% over the past year, with distributions reinvested. Since its first recorded price on Sep 10, 2025 it has returned −16.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −80.0%, from Nov 3, 2025 to Jun 25, 2026; the fund has not yet regained that high. Volatility has been 140.1% a year.
Related: PLTA chart, PLTA dividends. See the PLTA overview for the latest quote and fund facts.
PLTA performance FAQ
What is the PLTA return over the past year?
PLTA returned −26.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 28.2%.
How much would $10,000 invested in PLTA be worth?
$10,000 invested in PLTA at its first recorded close on September 10, 2025 would be worth about $8,316 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of PLTA?
The largest peak-to-trough decline was −80.0% between November 3, 2025 and June 25, 2026. It has not yet recovered to that high; it is 43.6% below its peak.
How volatile is PLTA?
Over the past history PLTA had an annualized volatility of 140.1% and a Sharpe ratio of 0.20 (excess return over 1–3 month T-bills per unit of risk).