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Benzinga
Benzinga
Business
Pooja Rajkumari

Palantir's YTD Returns Surge 298%: Here's How ETFs With Exposure To Alex Karp's Company Have Performed

Palantir Technologies Inc. (NASDAQ:PLTR) has experienced a remarkable rise, achieving a 298.37% year-to-date return as of Thursday morning. This surge has sparked interest in ETFs with significant exposure to Palantir.

According to Benzinga Pro, the Global X Defense Tech ETF (NYSE:SHLD) holds 7.82% of its portfolio in Palantir stock, amounting to $51.85 million across 1.24 million shares. SHLD, which combines Palantir’s defense and intelligence sector presence with other aerospace and defense players, has seen a 40.86% YTD return.

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