ARKX vs. PLTR
ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK, while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, ARKX returned 10.38%/yr vs 39.00%/yr for PLTR. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
ARKX vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, ARKX achieves a 16.56% return, which is significantly higher than PLTR's -27.99% return.
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
ARKX vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 24.37% | -34.27% | -8.05% |
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -64.74% | -16.20% |
Correlation
The correlation between ARKX and PLTR is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021 | 0.65 |
The correlation between ARKX and PLTR shifts across timeframes, from 0.53 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ARKX vs. PLTR — Risk / Return Rank
ARKX
PLTR
ARKX vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARKX | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.03 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | -0.14 | +2.75 |
| Martin ratioReturn relative to average drawdown | 6.87 | -0.25 | +7.12 |
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Drawdowns
ARKX vs. PLTR - Drawdown Comparison
The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for ARKX and PLTR.
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Drawdown Indicators
| ARKX | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -84.62% | +41.01% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -38.22% | +17.80% |
Max Drawdown (3Y)Largest decline over 3 years | -25.47% | -40.61% | +15.14% |
Max Drawdown (5Y)Largest decline over 5 years | -43.61% | -79.14% | +35.53% |
Current DrawdownCurrent decline from peak | -10.49% | -38.22% | +27.73% |
Average DrawdownAverage peak-to-trough decline | -19.92% | -40.27% | +20.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 21.23% | -13.49% |
Volatility
ARKX vs. PLTR - Volatility Comparison
The current volatility for ARK Space Exploration & Innovation ETF (ARKX) is 12.77%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that ARKX 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.
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Volatility by Period
| ARKX | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.77% | 17.16% | -4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 26.51% | 38.32% | -11.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.50% | 50.83% | -17.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.02% | 65.44% | -37.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 69.75% | -42.10% |
Dividends
ARKX vs. PLTR - Dividend Comparison
Neither ARKX nor PLTR has paid dividends to shareholders.
Frequently Asked Questions
ARKX and PLTR have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (17.16%) compared to ARKX (12.77%). In terms of maximum drawdown, ARKX dropped -43.61% vs PLTR's -84.62%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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