# Leverage Shares 3x Palantir ETP (3PLT)

**Source:** https://fundology.uk/fund/3plt · ISIN XS2663694680 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, 3PLT (Leverage Shares 3x Palantir ETP, ISIN XS2663694680) closed at £680.25 on the London Stock Exchange. Its ongoing charge is 3.75% a year (about £375 on £10,000). Over the five years to 30/09/2026 its price changed by −66.6%, or −73.6% after UK CPIH inflation.

## Summary

Leverage Shares 3x Palantir ETP is an exchange-traded product from Leverage Shares, launched in 2021. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 3.75% a year — about £375 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£680.25** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3PLT |
| ISIN | XS2663694680 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Tracks | iSTOXX Leveraged 3X PLTR (USD)(NR) |
| Income | Accumulating |
| Ongoing charge | 3.75% a year (£375 per £10,000) |
| Fund size | £15.0m |
| Launched | 2021 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -63.80% | -64.94% | income reinvested |
| 3 years | +2667.92% | +2397.69% | income reinvested |
| 5 years | -66.58% | -73.57% | price only |

Returns: TradingView (delayed data) and Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Leverage Shares 3x Palantir ETP in pounds (price, with income reinvested in the fund): 2022 −99.4%, 2023 +363.6%, 2024 +2681.9%, 2025 +198.3%; 2026 to 30/09/2026 −61.3%. Returns of Leverage Shares 3x Palantir ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −60.5%; to 30/09/2025: +2091.8%; to 30/09/2024: +232.0%; to 30/09/2023: +45.9%; to 30/09/2022: −99.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -99.4% | -99.5% | Price |
| 2023 | +363.6% | +345.1% | Price |
| 2024 | +2681.9% | +2587.2% | Price |
| 2025 | +198.3% | +188.1% | Price |
| 2026 to 30/09/2026 | -61.3% | -62.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 187.96% | -91.70% |
| 3 years | 222.18% | -91.70% |
| 5 years | 215.54% | -99.82% |

## Largest fall

Volatility of Leverage Shares 3x Palantir ETP in pounds, annualised from weekly returns to 30/09/2026: 188.0% over 1 year, 222.2% over 3 years, 215.5% over 5 years. Largest fall in the price of Leverage Shares 3x Palantir ETP since October 2021, in pounds: −99.8% from 05/11/2021 to 05/05/2023. The lowest 12-month return of Leverage Shares 3x Palantir ETP in pounds (price, with income reinvested in the fund) since June 2021 was −99.7% (12 months to 23/09/2022); the highest was +4720.5% (12 months to 01/08/2025). On 30/09/2026 the price of Leverage Shares 3x Palantir ETP was 71.9% below its highest weekly close since October 2021 (05/11/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Leverage Shares 3x Palantir ETP 3.75% a year, as of 01/10/2026: 57 of the 280 other leveraged and inverse products charge more, 0 the same and 223 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **3.75%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.