IBIT vs. PLTR
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, IBIT returned -39.44% vs 6.85% for PLTR. At a 0.32 correlation, their price movements are largely independent.
Performance
IBIT vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -27.71% return, which is significantly lower than PLTR's -23.22% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 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*
- —
IBIT vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
PLTR Palantir Technologies Inc. | -23.22% | 135.03% | 350.45% |
Correlation
The correlation between IBIT and PLTR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.32 |
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Return for Risk
IBIT vs. PLTR — Risk / Return Rank
IBIT
PLTR
IBIT vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) 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.
| IBIT | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.07 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.18 | -0.94 |
| Martin ratioReturn relative to average drawdown | -1.36 | 0.33 | -1.69 |
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
| IBIT | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 0.14 | -1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.86 | -0.60 |
Drawdowns
IBIT vs. PLTR - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for IBIT and PLTR.
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Drawdown Indicators
| IBIT | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -84.62% | +32.51% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -38.19% | -13.92% |
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 | -49.66% | -34.13% | -15.53% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -40.29% | +24.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 20.71% | +8.26% |
Volatility
IBIT vs. PLTR - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 11.85%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.24%. This indicates that IBIT 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
| IBIT | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 17.24% | -5.39% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 38.35% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 50.93% | -6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 65.44% | -15.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 69.81% | -19.49% |
Dividends
IBIT vs. PLTR - Dividend Comparison
Neither IBIT nor PLTR has paid dividends to shareholders.
Frequently Asked Questions
IBIT and PLTR have a correlation of 0.35, 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 IBIT (11.85%). In terms of maximum drawdown, IBIT dropped -52.11% vs PLTR's -84.62%.
PLTR currently has the higher Sharpe Ratio (0.14 vs -0.90), 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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