
TSE:PLTE
This summary was created by AI, based on 2 opinions in the last 12 months.
The Harvest Palantir Enhanced High Income Shares ETF (PLTE-T) employs a covered call strategy to generate additional yield, which some investors appreciate despite the trade-off of limited upside potential. During 2025, the ETF's total return was less than that of holding the underlying stock, Palantir Technologies Inc. (PLTR). However, investors in the Canadian version of PLTE performed slightly better than those in the U.S. version due to currency effects. While the ETF has been attracting investor attention, sentiments toward both PLTE and Palantir are deemed overly optimistic by some experts. Additionally, the substantial advertised yield comes with tax implications that investors should consider, given that holding just Palantir directly would provide similar returns without the tax burden. Maintaining a balanced position is recommended to mitigate risks associated with significant exposure to a single stock.
Holds a single stock, PLTR, and writes calls to generate monthly cashflow. Applies modest leverage of ~25%. Current yield is advertised as 43% -- please keep in mind that's not the total return.
Compared to PLTR, the ETF pretty much matches the volatility of PLTR exactly. Over the past year, both have returned ~49%. So NAV hasn't degraded due to covered writing. But you've had to pay tax on your distributions; whereas with just PLTR, you'd have the same return but no distributions (and so, no tax).
Be careful. Don't have more than 5-10% of your portfolio in one particular stock. You may want to split your position between the stock itself and the covered-writing ETF.
Harvest Palantir Enhanced High Income Shares ETF is a Canadian stock, trading under the symbol PLTE.TO (previously PLTE-T on Stockchase) on the Toronto Stock Exchange (PLTE-CT). It is usually referred to as TSX:PLTE or PLTE.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on PLTE.TO (previously PLTE-T on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is RISKY. Read the latest stock experts' ratings for Harvest Palantir Enhanced High Income Shares ETF.
Harvest Palantir Enhanced High Income Shares ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Harvest Palantir Enhanced High Income Shares ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Harvest Palantir Enhanced High Income Shares ETF.
Harvest Palantir Enhanced High Income Shares ETF is covered by Stockchase experts and is worth watching.
On 2026-07-03, Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO) stock closed at a price of $15.51.
It uses covered calls to generate extra yield, which he likes, but you give up huge upside. During 2025, the total return of PLTE was lower than owning Palantir itself, though you would have fared slightly better in CAD under the Canadian version of PLTE vs. the American version. Are you holding this in a taxable or registered account? How active are you as an investor? These are considerations. Sentiment is driving money into this and Palantir, but he finds them very overvalued and wouldn't buy them here. PLTE is tradable.