MDT vs. PLTR
MDT (Medtronic plc) and PLTR (Palantir Technologies Inc.) are both stocks. MDT operates in Medical Devices (Healthcare), while PLTR operates in Software - Infrastructure (Technology). Over the past 5 years, MDT returned -5.25%/yr vs 41.37%/yr for PLTR. At a 0.15 correlation, their price movements are largely independent.
Performance
MDT vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -15.31% return, which is significantly higher than PLTR's -23.22% return.
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
PLTR
- 1D
- 0.69%
- 1M
- -0.97%
- YTD
- -23.22%
- 6M
- -24.81%
- 1Y
- 6.85%
- 3Y*
- 108.67%
- 5Y*
- 41.37%
- 10Y*
- —
MDT vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 13.28% |
PLTR Palantir Technologies Inc. | -23.22% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 147.89% |
Correlation
The correlation between MDT and PLTR is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2020 | 0.15 |
The correlation between MDT and PLTR shifts across timeframes, from 0.06 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDT:
$103.94B
PLTR:
$350.85B
MDT:
$3.58
PLTR:
$0.89
MDT:
22.52
PLTR:
153.57
MDT:
2.03
PLTR:
0.89
MDT:
2.93
PLTR:
67.07
MDT:
$35.48B
PLTR:
$5.22B
MDT:
$5.78B
PLTR:
$4.39B
MDT:
$7.11B
PLTR:
$2.01B
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Return for Risk
MDT vs. PLTR — Risk / Return Rank
MDT
PLTR
MDT vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) 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.
| MDT | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.07 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 0.18 | -0.35 |
| Martin ratioReturn relative to average drawdown | -0.43 | 0.33 | -0.76 |
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
| MDT | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 0.14 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 0.64 | -0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.86 | -0.39 |
Drawdowns
MDT vs. PLTR - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for MDT and PLTR.
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Drawdown Indicators
| MDT | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -84.62% | +26.99% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -38.19% | +9.29% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -40.61% | +11.71% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -79.14% | +34.04% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | — | — |
Current DrawdownCurrent decline from peak | -30.81% | -34.13% | +3.32% |
Average DrawdownAverage peak-to-trough decline | -16.54% | -40.29% | +23.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.17% | 20.71% | -9.54% |
Volatility
MDT vs. PLTR - Volatility Comparison
The current volatility for Medtronic plc (MDT) is 10.04%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.24%. This indicates that MDT 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
| MDT | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 17.24% | -7.20% |
Volatility (6M)Calculated over the trailing 6-month period | 16.19% | 38.35% | -22.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.95% | 50.93% | -29.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 65.44% | -43.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.24% | 69.81% | -46.57% |
Dividends
MDT vs. PLTR - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.52%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
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% |
Financials
MDT vs. PLTR - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc and Palantir Technologies Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
MDT and PLTR have a correlation of 0.06, 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 MDT (10.04%). In terms of maximum drawdown, MDT dropped -57.63% vs PLTR's -84.62%.
PLTR currently has the higher Sharpe Ratio (0.14 vs -0.23), 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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