GPIX vs. PLTR
GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, GPIX returned 23.85% vs -6.85% for PLTR. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
GPIX vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, GPIX achieves a 8.64% return, which is significantly higher than PLTR's -27.99% return.
GPIX
- 1D
- 0.55%
- 1M
- 0.57%
- YTD
- 8.64%
- 6M
- 9.22%
- 1Y
- 23.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
GPIX vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.64% | 16.25% | 21.77% | 13.04% |
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 10.13% |
Correlation
The correlation between GPIX and PLTR is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.54 |
The correlation between GPIX and PLTR has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
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Return for Risk
GPIX vs. PLTR — Risk / Return Rank
GPIX
PLTR
GPIX vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs S&P 500 Premium Income ETF (GPIX) 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.
| GPIX | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.03 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | -0.14 | +3.11 |
| Martin ratioReturn relative to average drawdown | 14.51 | -0.25 | +14.77 |
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Drawdowns
GPIX vs. PLTR - Drawdown Comparison
The maximum GPIX drawdown since its inception was -17.50%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for GPIX and PLTR.
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Drawdown Indicators
| GPIX | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.50% | -84.62% | +67.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -38.22% | +30.51% |
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 | -1.63% | -38.22% | +36.59% |
Average DrawdownAverage peak-to-trough decline | -1.49% | -40.27% | +38.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 21.23% | -19.66% |
Volatility
GPIX vs. PLTR - Volatility Comparison
The current volatility for Goldman Sachs S&P 500 Premium Income ETF (GPIX) is 3.77%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that GPIX 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
| GPIX | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.77% | 17.16% | -13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 38.32% | -29.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.62% | 50.83% | -40.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.86% | 65.44% | -51.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.86% | 69.75% | -55.89% |
Dividends
GPIX vs. PLTR - Dividend Comparison
GPIX's dividend yield for the trailing twelve months is around 8.09%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.09% | 8.01% | 7.45% | 1.40% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GPIX and PLTR have a correlation of 0.46, 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 GPIX (3.77%). In terms of maximum drawdown, GPIX dropped -17.50% vs PLTR's -84.62%.
GPIX currently has the higher Sharpe Ratio (2.15 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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