FXAIX vs. PLTR
FXAIX (Fidelity 500 Index Fund) is S&P 500 fund tracking the S&P 500 Index, while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, FXAIX returned 13.34%/yr vs 39.00%/yr for PLTR. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
FXAIX vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, FXAIX achieves a 8.59% return, which is significantly higher than PLTR's -27.99% return.
FXAIX
- 1D
- 1.76%
- 1M
- -0.55%
- YTD
- 8.59%
- 6M
- 8.94%
- 1Y
- 23.79%
- 3Y*
- 21.06%
- 5Y*
- 13.34%
- 10Y*
- 15.44%
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
FXAIX vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 8.59% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 13.07% |
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
Correlation
The correlation between FXAIX and PLTR is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.52 |
The correlation between FXAIX and PLTR shifts across timeframes, from 0.47 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FXAIX vs. PLTR — Risk / Return Rank
FXAIX
PLTR
FXAIX vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity 500 Index Fund (FXAIX) 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.
| FXAIX | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.08 | ||
| Sortino ratioReturn per unit of downside risk | +2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.03 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | -0.14 | +2.88 |
| Martin ratioReturn relative to average drawdown | 12.46 | -0.25 | +12.71 |
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Drawdowns
FXAIX vs. PLTR - Drawdown Comparison
The maximum FXAIX drawdown since its inception was -33.79%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for FXAIX and PLTR.
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Drawdown Indicators
| FXAIX | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.79% | -84.62% | +50.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -38.22% | +29.33% |
Max Drawdown (3Y)Largest decline over 3 years | -18.76% | -40.61% | +21.85% |
Max Drawdown (5Y)Largest decline over 5 years | -24.50% | -79.14% | +54.64% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | — | — |
Current DrawdownCurrent decline from peak | -2.79% | -38.22% | +35.43% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -40.27% | +36.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 21.23% | -19.28% |
Volatility
FXAIX vs. PLTR - Volatility Comparison
The current volatility for Fidelity 500 Index Fund (FXAIX) is 4.44%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that FXAIX 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
| FXAIX | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 17.16% | -12.72% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 38.32% | -28.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.37% | 50.83% | -38.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 65.44% | -48.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 69.75% | -51.65% |
Dividends
FXAIX vs. PLTR - Dividend Comparison
FXAIX's dividend yield for the trailing twelve months is around 1.06%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXAIX Fidelity 500 Index Fund | 1.06% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
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
FXAIX and PLTR have a correlation of 0.47, 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 FXAIX (4.44%). In terms of maximum drawdown, FXAIX dropped -33.79% vs PLTR's -84.62%.
FXAIX currently has the higher Sharpe Ratio (1.97 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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