PL vs. KEN

Last updated Jun 13, 2026

PL (Planet Labs PBC) and KEN (Kenon Holdings Ltd.) are both stocks. PL operates in Aerospace & Defense (Industrials), while KEN operates in Utilities - Regulated Electric (Utilities). Over the past 5 years, PL returned 25.63%/yr vs 31.84%/yr for KEN. At a 0.26 correlation, their price movements are largely independent.

Performance

PL vs. KEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Planet Labs PBC (PL) and Kenon Holdings Ltd. (KEN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PL achieves a 57.96% return, which is significantly higher than KEN's 14.26% return.

PL

• 1D: -8.84%
• 1M: -25.16%
• YTD: 57.96%
• 6M: 70.78%
• 1Y: 480.07%
• 3Y*: 106.65%
• 5Y*: 25.63%
• 10Y*: —

KEN

• 1D: 0.54%
• 1M: -17.72%
• YTD: 14.26%
• 6M: 23.62%
• 1Y: 118.60%
• 3Y*: 57.99%
• 5Y*: 31.84%
• 10Y*: 41.88%

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

PL vs. KEN - 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%
KEN Kenon Holdings Ltd.	14.26%	126.18%	62.44%	-19.16%	-23.73%	70.21%

Correlation

The correlation between PL and KEN is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (All Time) Calculated using the full available price history since Apr 26, 2021	0.26

Fundamentals

Market Cap PL : $10.76B KEN : $3.84B
EPS PL : -$1.17 KEN : $1.54
PS Ratio PL : 29.61 KEN : 3.80
PB Ratio PL : 24.26 KEN : 2.56
Total Revenue (TTM) PL : $335.61M KEN : $1.01B
Gross Profit (TTM) PL : $186.28M KEN : $166.82M
EBITDA (TTM) PL : -$125.70M KEN : $339.95M

Return for Risk

PL vs. KEN — Risk / Return Rank

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

PL

PL Risk / Return Rank: 97
PL Sharpe Ratio Rank: 99
PL Sortino Ratio Rank: 96
PL Omega Ratio Rank: 95
PL Calmar Ratio Rank: 98
PL Martin Ratio Rank: 99

KEN

KEN Risk / Return Rank: 93
KEN Sharpe Ratio Rank: 95
KEN Sortino Ratio Rank: 92
KEN Omega Ratio Rank: 91
KEN Calmar Ratio Rank: 91
KEN Martin Ratio Rank: 95

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.

PL vs. KEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Planet Labs PBC (PL) and Kenon Holdings Ltd. (KEN). 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	KEN	Difference
Sharpe ratio: Return per unit of total volatility	4.62	2.96	+1.67
Sortino ratio: Return per unit of downside risk	4.16	3.34	+0.82
Omega ratio: Gain probability vs. loss probability	1.55	1.44	+0.11
Calmar ratio: Return relative to maximum drawdown	11.79	4.42	+7.38
Martin ratio: Return relative to average drawdown	36.80	17.27	+19.53

PL vs. KEN - Sharpe Ratio Comparison

The current PL Sharpe Ratio is 4.62, which is higher than the KEN Sharpe Ratio of 2.96. The chart below compares the historical Sharpe Ratios of PL and KEN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PL vs. KEN - Drawdown Comparison

The maximum PL drawdown since its inception was -85.73%, which is greater than KEN's maximum drawdown of -69.20%. Use the drawdown chart below to compare losses from any high point for PL and KEN.

Drawdown Indicators

	PL	KEN	Difference
Max Drawdown Largest peak-to-trough decline	-85.73%	-69.20%	-16.53%
Max Drawdown (1Y) Largest decline over 1 year	-40.23%	-26.41%	-13.82%
Max Drawdown (3Y) Largest decline over 3 years	-55.17%	-32.27%	-22.90%
Max Drawdown (5Y) Largest decline over 5 years	-85.73%	-69.20%	-16.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.20%	—
Current Drawdown Current decline from peak	-39.40%	-24.16%	-15.24%
Average Drawdown Average peak-to-trough decline	-49.90%	-23.19%	-26.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.88%	6.74%	+6.14%

Volatility

PL vs. KEN - Volatility Comparison

Planet Labs PBC (PL) has a higher volatility of 39.48% compared to Kenon Holdings Ltd. (KEN) at 14.84%. This indicates that PL's price experiences larger fluctuations and is considered to be riskier than KEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PL	KEN	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.48%	14.84%	+24.64%
Volatility (6M) Calculated over the trailing 6-month period	78.71%	30.71%	+48.00%
Volatility (1Y) Calculated over the trailing 1-year period	102.61%	39.55%	+63.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.98%	39.79%	+41.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.91%	41.93%	+37.98%

Dividends

PL vs. KEN - Dividend Comparison

PL has not paid dividends to shareholders, while KEN's dividend yield for the trailing twelve months is around 5.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KEN Kenon Holdings Ltd.	5.31%	7.24%	11.18%	11.46%	25.00%	7.35%	7.41%	5.75%	96.34%	0.00%	0.00%	45.52%
PL Planet Labs PBC	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

Frequently Asked Questions

Can I hold both PL and KEN in my portfolio?

PL and KEN have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PL or KEN?

PL has higher volatility (39.48%) compared to KEN (14.84%). In terms of maximum drawdown, PL dropped -85.73% vs KEN's -69.20%.

Which has better risk-adjusted returns?

PL currently has the higher Sharpe Ratio (4.62 vs 2.96), 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.