IETC vs. PLTR
IETC (iShares U.S. Tech Independence Focused ETF) is Technology Equities fund actively managed by iShares, while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, IETC returned 15.73%/yr vs 39.00%/yr for PLTR. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
IETC vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, IETC achieves a 4.48% return, which is significantly higher than PLTR's -27.99% return.
IETC
- 1D
- -0.07%
- 1M
- 0.03%
- YTD
- 4.48%
- 6M
- 4.29%
- 1Y
- 17.62%
- 3Y*
- 25.69%
- 5Y*
- 15.73%
- 10Y*
- —
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
IETC vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 4.48% | 19.56% | 37.57% | 54.35% | -32.78% | 29.73% | 12.98% |
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
Correlation
The correlation between IETC and PLTR is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.61 |
The correlation between IETC and PLTR has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.
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Return for Risk
IETC vs. PLTR — Risk / Return Rank
IETC
PLTR
IETC vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Independence Focused ETF (IETC) 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.
| IETC | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.03 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | -0.14 | +0.98 |
| Martin ratioReturn relative to average drawdown | 2.30 | -0.25 | +2.55 |
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Drawdowns
IETC vs. PLTR - Drawdown Comparison
The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for IETC and PLTR.
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Drawdown Indicators
| IETC | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.48% | -84.62% | +46.14% |
Max Drawdown (1Y)Largest decline over 1 year | -21.19% | -38.22% | +17.03% |
Max Drawdown (3Y)Largest decline over 3 years | -25.17% | -40.61% | +15.44% |
Max Drawdown (5Y)Largest decline over 5 years | -38.48% | -79.14% | +40.66% |
Current DrawdownCurrent decline from peak | -10.32% | -38.22% | +27.90% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -40.27% | +32.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 21.23% | -13.56% |
Volatility
IETC vs. PLTR - Volatility Comparison
The current volatility for iShares U.S. Tech Independence Focused ETF (IETC) is 9.62%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that IETC 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
| IETC | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 17.16% | -7.54% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 38.32% | -20.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 50.83% | -28.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.70% | 65.44% | -40.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 69.75% | -44.31% |
Dividends
IETC vs. PLTR - Dividend Comparison
IETC's dividend yield for the trailing twelve months is around 0.37%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 0.37% | 0.38% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.95% | 1.27% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IETC and PLTR have a correlation of 0.70, 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 IETC (9.62%). In terms of maximum drawdown, IETC dropped -38.48% vs PLTR's -84.62%.
IETC currently has the higher Sharpe Ratio (0.80 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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