MU.TO vs. PLTR

Last updated Jul 21, 2026

MU.TO (Micron CDR (CAD Hedged)) and PLTR (Palantir Technologies Inc.) are both stocks. Both are in the Technology sector — MU.TO in Semiconductors, PLTR in Software - Infrastructure. At a 0.13 correlation, their price movements are largely independent.

Performance

MU.TO vs. PLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Micron CDR (CAD Hedged) (MU.TO) and Palantir Technologies Inc. (PLTR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MU.TO is traded in CAD, while PLTR is traded in USD. To make them comparable, the PLTR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MU.TO achieves a 198.92% return, which is significantly higher than PLTR's -22.34% return.

MU.TO

• 1D: 2.23%
• 1M: -24.90%
• 6M: 131.45%
• YTD: 198.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PLTR

• 1D: 1.74%
• 1M: 4.37%
• 6M: -20.38%
• YTD: -22.34%
• 1Y: -10.35%
• 3Y*: 105.94%
• 5Y*: 45.95%
• 10Y*: —
• ALL TIME*: 57.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MU.TO vs. PLTR - Yearly Performance Comparison

	2026 (YTD)	2025
MU.TO Micron CDR (CAD Hedged)	198.92%	48.43%
PLTR Palantir Technologies Inc.	-22.34%	-3.53%

Correlation

The correlation between MU.TO and PLTR is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.13

Fundamentals

Market Cap MU.TO : CA$1.31T PLTR : $309.63B

Return for Risk

MU.TO vs. PLTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MU.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PLTR

PLTR Risk / Return Rank: 35
PLTR Sharpe Ratio Rank: 35
PLTR Sortino Ratio Rank: 34
PLTR Omega Ratio Rank: 34
PLTR Calmar Ratio Rank: 37
PLTR Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MU.TO vs. PLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Micron CDR (CAD Hedged) (MU.TO) 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.

	MU.TO	PLTR	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.20	—
Sortino ratio: Return per unit of downside risk	—	0.06	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.22	—
Martin ratio: Return relative to average drawdown	—	-0.41	—

Drawdowns

MU.TO vs. PLTR - Drawdown Comparison

The maximum MU.TO drawdown since its inception was -30.34%, smaller than the maximum PLTR drawdown of -83.57%. Use the drawdown chart below to compare losses from any high point for MU.TO and PLTR.

Drawdown Indicators

	MU.TO	PLTR	Difference
Max Drawdown Largest peak-to-trough decline	-30.34%	-83.57%	+53.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-47.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.89%	—
Current Drawdown Current decline from peak	-28.79%	-34.89%	+6.10%
Average Drawdown Average peak-to-trough decline	-6.61%	-39.51%	+32.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.08%	—

Volatility

Volatility by Period

	MU.TO	PLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	82.42%	51.31%	+31.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.42%	65.59%	+16.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.42%	69.56%	+12.86%

Dividends

MU.TO vs. PLTR - Dividend Comparison

MU.TO's dividend yield for the trailing twelve months is around 0.05%, while PLTR has not paid dividends to shareholders.

Position	TTM	2025
MU.TO Micron CDR (CAD Hedged)	0.05%	0.04%
PLTR Palantir Technologies Inc.	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MU.TO and PLTR in my portfolio?

MU.TO and PLTR have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.