CGBL vs. PLTR
CGBL (Capital Group Core Balanced ETF) is Diversified Portfolio fund actively managed by Capital Group, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, CGBL returned 16.11% vs 6.85% for PLTR. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
CGBL vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, CGBL achieves a 5.41% return, which is significantly higher than PLTR's -23.22% return.
CGBL
- 1D
- 0.24%
- 1M
- -0.56%
- YTD
- 5.41%
- 6M
- 6.40%
- 1Y
- 16.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- 0.69%
- 1M
- -0.97%
- YTD
- -23.22%
- 6M
- -24.81%
- 1Y
- 6.85%
- 3Y*
- 108.67%
- 5Y*
- 41.37%
- 10Y*
- —
CGBL vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CGBL Capital Group Core Balanced ETF | 5.41% | 15.33% | 16.64% | 9.80% |
PLTR Palantir Technologies Inc. | -23.22% | 135.03% | 340.48% | 8.88% |
Correlation
The correlation between CGBL and PLTR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2023 | 0.51 |
The correlation between CGBL and PLTR shifts across timeframes, from 0.38 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CGBL vs. PLTR — Risk / Return Rank
CGBL
PLTR
CGBL vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Core Balanced ETF (CGBL) 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.
| CGBL | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.07 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 0.18 | +1.87 |
| Martin ratioReturn relative to average drawdown | 9.04 | 0.33 | +8.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CGBL | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 0.14 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.62 | 0.86 | +0.76 |
Drawdowns
CGBL vs. PLTR - Drawdown Comparison
The maximum CGBL drawdown since its inception was -11.66%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for CGBL and PLTR.
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Drawdown Indicators
| CGBL | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.66% | -84.62% | +72.96% |
Max Drawdown (1Y)Largest decline over 1 year | -7.88% | -38.19% | +30.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -40.61% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -79.14% | — |
Current DrawdownCurrent decline from peak | -2.50% | -34.13% | +31.63% |
Average DrawdownAverage peak-to-trough decline | -1.29% | -40.29% | +39.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 20.71% | -18.92% |
Volatility
CGBL vs. PLTR - Volatility Comparison
The current volatility for Capital Group Core Balanced ETF (CGBL) is 3.53%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.24%. This indicates that CGBL 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
| CGBL | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 17.24% | -13.71% |
Volatility (6M)Calculated over the trailing 6-month period | 8.17% | 38.35% | -30.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.88% | 50.93% | -41.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.09% | 65.44% | -54.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.09% | 69.81% | -58.72% |
Dividends
CGBL vs. PLTR - Dividend Comparison
CGBL's dividend yield for the trailing twelve months is around 1.89%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGBL Capital Group Core Balanced ETF | 1.89% | 1.98% | 1.92% | 0.48% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CGBL and PLTR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (17.24%) compared to CGBL (3.53%). In terms of maximum drawdown, CGBL dropped -11.66% vs PLTR's -84.62%.
CGBL currently has the higher Sharpe Ratio (1.64 vs 0.14), 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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