AIO vs. PLTR
Compare and contrast key facts about Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) and Palantir Technologies Inc. (PLTR).
AIO is managed by Virtus. It was launched on Oct 29, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIO or PLTR.
Correlation
The correlation between AIO and PLTR is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AIO vs. PLTR - Performance Comparison
Key characteristics
AIO:
0.79
PLTR:
6.44
AIO:
1.15
PLTR:
4.96
AIO:
1.17
PLTR:
1.69
AIO:
0.68
PLTR:
9.87
AIO:
2.48
PLTR:
33.00
AIO:
8.24%
PLTR:
14.11%
AIO:
26.08%
PLTR:
72.47%
AIO:
-44.88%
PLTR:
-84.62%
AIO:
-14.16%
PLTR:
-0.27%
Returns By Period
In the year-to-date period, AIO achieves a -10.42% return, which is significantly lower than PLTR's 64.33% return.
AIO
-10.42%
4.02%
0.85%
18.92%
17.57%
N/A
PLTR
64.33%
42.12%
196.47%
451.13%
N/A
N/A
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Risk-Adjusted Performance
AIO vs. PLTR — Risk-Adjusted Performance Rank
AIO
PLTR
AIO vs. PLTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) and Palantir Technologies Inc. (PLTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AIO vs. PLTR - Dividend Comparison
AIO's dividend yield for the trailing twelve months is around 8.37%, while PLTR has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 8.37% | 7.30% | 10.34% | 11.12% | 19.97% | 9.30% | 0.54% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AIO vs. PLTR - Drawdown Comparison
The maximum AIO drawdown since its inception was -44.88%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for AIO and PLTR. For additional features, visit the drawdowns tool.
Volatility
AIO vs. PLTR - Volatility Comparison
The current volatility for Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) is 16.54%, while Palantir Technologies Inc. (PLTR) has a volatility of 27.88%. This indicates that AIO experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with AIO or PLTR
Recent discussions
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
Screener
michael
Going forward performance roughly coinciding with historically optimized portfolios on this site?
I'm quite new to the site, but I am concerned that a portfolio optimized with past data may have no bearing at all on its future performance. Has anyone been around long enough to speak to this concern. Have you outperformed a relevant benchmark with actual invested money?
Also, if you've been here awhile, what tools on the site do you find most useful?
Thanks for reading!
Bob Peticolas