BEXIX vs. PLTR

Last updated Jun 13, 2026

BEXIX (Baron Emerging Markets Fund) is Emerging Markets Diversified fund managed by Baron Capital Group, Inc., while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, BEXIX returned 3.19%/yr vs 39.00%/yr for PLTR. At a 0.41 correlation, their price movements are largely independent.

Performance

BEXIX vs. PLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Emerging Markets Fund (BEXIX) and Palantir Technologies Inc. (PLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEXIX achieves a 16.52% return, which is significantly higher than PLTR's -27.99% return.

BEXIX

• 1D: 4.45%
• 1M: 0.59%
• YTD: 16.52%
• 6M: 18.20%
• 1Y: 32.38%
• 3Y*: 18.65%
• 5Y*: 3.19%
• 10Y*: 8.45%

PLTR

• 1D: -2.36%
• 1M: -4.48%
• YTD: -27.99%
• 6M: -30.28%
• 1Y: -6.85%
• 3Y*: 99.99%
• 5Y*: 39.00%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BEXIX vs. PLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BEXIX Baron Emerging Markets Fund	16.52%	30.11%	7.91%	8.29%	-25.82%	-6.06%	22.88%
PLTR Palantir Technologies Inc.	-27.99%	135.03%	340.48%	167.45%	-64.74%	-22.68%	135.50%

Correlation

The correlation between BEXIX and PLTR is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020	0.41

The correlation between BEXIX and PLTR shifts across timeframes, from 0.26 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BEXIX vs. PLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEXIX

BEXIX Risk / Return Rank: 42
BEXIX Sharpe Ratio Rank: 38
BEXIX Sortino Ratio Rank: 34
BEXIX Omega Ratio Rank: 43
BEXIX Calmar Ratio Rank: 52
BEXIX Martin Ratio Rank: 43

PLTR

PLTR Risk / Return Rank: 38
PLTR Sharpe Ratio Rank: 39
PLTR Sortino Ratio Rank: 37
PLTR Omega Ratio Rank: 36
PLTR Calmar Ratio Rank: 39
PLTR Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEXIX vs. PLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Emerging Markets Fund (BEXIX) 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.

	BEXIX	PLTR	Difference
Sharpe ratio: Return per unit of total volatility	1.48	-0.11	+1.58
Sortino ratio: Return per unit of downside risk	2.00	0.20	+1.80
Omega ratio: Gain probability vs. loss probability	1.29	1.03	+0.26
Calmar ratio: Return relative to maximum drawdown	2.33	-0.14	+2.47
Martin ratio: Return relative to average drawdown	7.77	-0.25	+8.02

BEXIX vs. PLTR - Sharpe Ratio Comparison

The current BEXIX Sharpe Ratio is 1.48, which is higher than the PLTR Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of BEXIX and PLTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BEXIX vs. PLTR - Drawdown Comparison

The maximum BEXIX drawdown since its inception was -45.58%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for BEXIX and PLTR.

Drawdown Indicators

	BEXIX	PLTR	Difference
Max Drawdown Largest peak-to-trough decline	-45.58%	-84.62%	+39.04%
Max Drawdown (1Y) Largest decline over 1 year	-13.32%	-38.22%	+24.90%
Max Drawdown (3Y) Largest decline over 3 years	-16.63%	-40.61%	+23.98%
Max Drawdown (5Y) Largest decline over 5 years	-41.65%	-79.14%	+37.49%
Max Drawdown (10Y) Largest decline over 10 years	-45.58%	—	—
Current Drawdown Current decline from peak	-4.95%	-38.22%	+33.27%
Average Drawdown Average peak-to-trough decline	-13.76%	-40.27%	+26.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	21.23%	-17.24%

Volatility

BEXIX vs. PLTR - Volatility Comparison

The current volatility for Baron Emerging Markets Fund (BEXIX) is 10.87%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that BEXIX 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.

Volatility by Period

	BEXIX	PLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.87%	17.16%	-6.29%
Volatility (6M) Calculated over the trailing 6-month period	18.26%	38.32%	-20.06%
Volatility (1Y) Calculated over the trailing 1-year period	21.05%	50.83%	-29.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.87%	65.44%	-47.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	69.75%	-51.59%

Dividends

BEXIX vs. PLTR - Dividend Comparison

BEXIX's dividend yield for the trailing twelve months is around 1.75%, while PLTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BEXIX Baron Emerging Markets Fund	1.75%	2.04%	0.81%	0.69%	0.00%	1.88%	0.35%	0.46%	0.49%	0.45%	0.76%	0.39%
PLTR Palantir Technologies Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BEXIX and PLTR in my portfolio?

BEXIX and PLTR have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BEXIX or PLTR?

PLTR has higher volatility (17.16%) compared to BEXIX (10.87%). In terms of maximum drawdown, BEXIX dropped -45.58% vs PLTR's -84.62%.

Which has better risk-adjusted returns?

BEXIX currently has the higher Sharpe Ratio (1.48 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.