PL vs. ASTS
PL (Planet Labs PBC) and ASTS (AST SpaceMobile, Inc.) are both stocks. PL operates in Aerospace & Defense (Industrials), while ASTS operates in Communication Equipment (Technology). Over the past 5 years, PL returned 25.63%/yr vs 51.99%/yr for ASTS. At a 0.43 correlation, their price movements are largely independent.
Performance
PL vs. ASTS - Performance Comparison
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Returns By Period
In the year-to-date period, PL achieves a 57.96% return, which is significantly higher than ASTS's 13.47% return.
PL
- 1D
- -8.84%
- 1M
- -23.54%
- YTD
- 57.96%
- 6M
- 70.78%
- 1Y
- 470.51%
- 3Y*
- 106.65%
- 5Y*
- 25.63%
- 10Y*
- —
ASTS
- 1D
- -15.53%
- 1M
- 10.16%
- YTD
- 13.47%
- 6M
- 7.44%
- 1Y
- 123.21%
- 3Y*
- 140.29%
- 5Y*
- 51.99%
- 10Y*
- —
PL vs. ASTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PL Planet Labs PBC | 57.96% | 388.12% | 63.56% | -43.22% | -29.27% | -37.24% |
ASTS AST SpaceMobile, Inc. | 13.47% | 244.22% | 249.92% | 25.10% | -39.29% | -16.33% |
Correlation
The correlation between PL and ASTS is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2021 | 0.43 |
The correlation between PL and ASTS shifts across timeframes, from 0.43 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PL:
$10.76B
ASTS:
$23.96B
PL:
-$1.17
ASTS:
-$1.84
PL:
29.61
ASTS:
257.48
PL:
24.26
ASTS:
9.00
PL:
$335.61M
ASTS:
$84.94M
PL:
$186.28M
ASTS:
-$22.93M
PL:
-$125.70M
ASTS:
-$536.80M
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Return for Risk
PL vs. ASTS — Risk / Return Rank
PL
ASTS
PL vs. ASTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Planet Labs PBC (PL) and AST SpaceMobile, Inc. (ASTS). 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.
| PL | ASTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.23 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 11.79 | 2.60 | +9.19 |
| Martin ratioReturn relative to average drawdown | 36.80 | 5.06 | +31.74 |
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Drawdowns
PL vs. ASTS - Drawdown Comparison
The maximum PL drawdown since its inception was -85.73%, roughly equal to the maximum ASTS drawdown of -85.57%. Use the drawdown chart below to compare losses from any high point for PL and ASTS.
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Drawdown Indicators
| PL | ASTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.73% | -85.57% | -0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -40.23% | -47.69% | +7.46% |
Max Drawdown (3Y)Largest decline over 3 years | -55.17% | -70.66% | +15.49% |
Max Drawdown (5Y)Largest decline over 5 years | -85.73% | -85.57% | -0.16% |
Current DrawdownCurrent decline from peak | -39.40% | -38.08% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -49.90% | -40.51% | -9.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.88% | 24.42% | -11.54% |
Volatility
PL vs. ASTS - Volatility Comparison
Planet Labs PBC (PL) and AST SpaceMobile, Inc. (ASTS) have volatilities of 39.48% and 41.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PL | ASTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.48% | 41.20% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 78.71% | 85.03% | -6.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.61% | 105.98% | -3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.98% | 109.52% | -28.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.91% | 111.00% | -31.09% |
Dividends
PL vs. ASTS - Dividend Comparison
Neither PL nor ASTS has paid dividends to shareholders.
Financials
PL vs. ASTS - Financials Comparison
This section allows you to compare key financial metrics between Planet Labs PBC and AST SpaceMobile, 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
PL and ASTS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASTS has higher volatility (41.20%) compared to PL (39.48%). In terms of maximum drawdown, PL dropped -85.73% vs ASTS's -85.57%.
PL currently has the higher Sharpe Ratio (4.62 vs 1.17), 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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