Why Roundhill PLTR WeeklyPay ETF (PLTW) Is Up +31% in the Last 30 Days
Key Takeaways
- The Roundhill PLTR WeeklyPay ETF (PLTW) climbed roughly +31% over the trailing 30 days, amplifying a sharp rally in its single underlying security, Palantir Technologies (PLTR).
- The move was driven by Palantir's record second-quarter results, which included 93% year-over-year revenue growth and materially raised full-year guidance.
- PLTW is an actively managed, single-stock income ETF that targets approximately 1.2x (120%) of PLTR's weekly total return, primarily through total return swaps.
- Over the trailing quarter, PLTW is up roughly +12%, but the period was highly volatile, including a steep June drawdown and a rapid August recovery.
- Because the fund concentrates leveraged exposure in one security, its ETF performance and drawdowns are materially more volatile than a diversified fund.
Roundhill PLTR WeeklyPay ETF (PLTW) Overview and Portfolio Exposure
PLTW is an actively managed exchange-traded fund (ETF) launched in February 2025 by Roundhill Investments. Its primary objective is to make weekly distribution payments to shareholders; its secondary objective is to deliver calendar-week returns, before fees and expenses, that correspond to approximately 1.2x (120%) of the calendar-week total return of Palantir Technologies common stock. The fund carries a net expense ratio of 0.99% and is classified as non-diversified.
Unlike a broad thematic or sector ETF, PLTW holds a concentrated, single-name portfolio. It combines a direct position in Palantir common stock with total return swap agreements referencing PLTR, so that the aggregate exposure totals roughly 120% of Palantir's weekly return. Short-term U.S. Treasury securities and money market instruments serve as collateral for the swaps. This structure means the fund is effectively a leveraged, single-stock income vehicle concentrated in the software and services industry within the information technology sector.
That construction directly explains the ETF's recent price movement: when Palantir rallies, PLTW is designed to capture an amplified portion of that gain on a weekly basis, while also paying out a weekly distribution that fluctuates with PLTR's recent returns and implied volatility.
Roundhill PLTR WeeklyPay ETF (PLTW) Price Performance: Last 30 Days vs. Quarter
PLTW's latest closing price was approximately $23.84. About 30 calendar days earlier, the fund closed near $18.21, implying a gain of roughly +31% over the period. The advance was not gradual: most of it occurred in a single, sharp up-move in early August, followed by a choppy but generally elevated consolidation.
Over the trailing quarter, the picture is more mixed. Measured from a close near $21.29 roughly three months earlier, PLTW is up about +12%. That headline number understates the volatility, however. The fund rallied into late May and early June, then declined sharply through June to a low near $15 in late June, recovered through July, and then surged again after Palantir's earnings. The quarter has therefore been marked by deep drawdowns and rapid reversals rather than a smooth uptrend.
What Drove PLTW Price in the Last 30 Days
The dominant catalyst was Palantir's second-quarter earnings report. The company posted revenue of $1.935 billion, up 93% year over year, with U.S. commercial revenue rising 149% and U.S. government revenue rising 90%. GAAP net income reached $1.062 billion, and management raised full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from prior guidance near $7.66 billion. Adjusted earnings per share of $0.41 exceeded the roughly $0.35 consensus estimate.
Palantir shares surged about 30% in a single session following the report, and PLTW amplified that move because of its 1.2x weekly exposure. The results reinforced investor confidence in sustained enterprise and government demand for Palantir's artificial-intelligence platforms, and the guidance raise signaled that management expects momentum to continue through year-end. Because PLTW's entire portfolio is tied to one stock, the earnings beat translated almost directly into the fund's 30-day ETF price movement.
What Drove PLTW Performance Over the Last Quarter
The broader three-month trend reflects a rotation in and out of high-multiple AI software names. Early in the quarter, PLTW advanced as Palantir shares gained. A mid-year pullback followed, as investors reassessed valuations across AI-related equities amid an ongoing debate over AI capital expenditure and the sustainability of premium multiples. PLTW's leverage magnified that decline, sending the fund to a multi-month low before a recovery in July.
The August earnings report then reversed the trend decisively. Strong deal activity — including 220 contracts of at least $1 million and rising total contract value — supported the recovery, while raised guidance and expanded operating margins helped restore institutional interest in the single name underlying PLTW. Over the full quarter, these competing forces produced a positive but uneven return, with sector rotation, sentiment swings, and single-stock fundamentals all playing a role.
AI Screener
Tickeron's AI Screener is an AI-powered stock and ETF discovery platform that helps investors scan thousands of securities using technical indicators, fundamentals, volatility metrics, price patterns, industry filters, AI-generated signals, and performance characteristics. By applying customizable criteria, users can more efficiently identify trending securities, breakout candidates, and emerging opportunities than through manual screening. For investors monitoring single-stock vehicles such as PLTW — where exposure, volatility, and catalysts are highly concentrated — the screener offers a structured way to surface comparable opportunities and track shifting market conditions across sectors and industries.
PLTW ETF Outlook: What Investors Should Watch Next
Because PLTW's fortunes are tied to a single underlying security, the most important factor ahead is Palantir's fundamental trajectory. Investors should monitor whether U.S. commercial revenue growth remains above 100% on a larger base, whether government contract momentum holds, and whether the company's next quarterly report supports its raised guidance. Deal flow, remaining deal value, and operating margins will be key indicators.
Broader themes will also matter. The valuation debate around AI software names, interest rate expectations, and the level of enterprise technology spending can all influence sentiment toward Palantir and, in turn, PLTW's amplified performance. The fund's 1.2x exposure and weekly distribution structure mean both upside and downside moves tend to be larger than those of the underlying stock, so volatility itself is a material risk factor. Finally, investors should recognize that a meaningful portion of the fund's distributions may be characterized as return of capital, and that concentrated, leveraged single-stock strategies carry a different risk profile than diversified ETFs.
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
PLTW's RSI Oscillator leaves overbought zone
The 10-day RSI Indicator for PLTW moved out of overbought territory on September 01, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 10 instances where the indicator moved out of the overbought zone. In 10 of the 10 cases the stock moved lower in the days that followed. This puts the odds of a move down at 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 04, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PLTW as a result. In 25 of 26 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.
The Moving Average Convergence Divergence Histogram (MACD) for PLTW turned negative on September 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 12 similar instances when the indicator turned negative. In 11 of the 12 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLTW declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
PLTW broke above its upper Bollinger Band on August 27, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The 10-day moving average for PLTW crossed bullishly above the 50-day moving average on August 06, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 3 of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 75%.
Following a +0.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLTW advanced for three days, in 104 of 108 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
The Aroon Indicator entered an Uptrend today. In 61 of 65 cases where PLTW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.