PL vs. PSNYX

Last updated Apr 1, 2026

Compare and contrast key facts about Planet Labs PBC (PL) and BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX).

PSNYX is managed by BNY Mellon. It was launched on Dec 30, 1986.

Performance

PL vs. PSNYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Planet Labs PBC (PL) and BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX). The values are adjusted to include any dividend payments, if applicable.

PL vs. PSNYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PL Planet Labs PBC	41.73%	388.12%	63.56%	-43.22%	-29.27%	-37.88%
PSNYX BNY Mellon New York AMT-Free Municipal Bond Fund	-0.56%	3.47%	1.93%	5.66%	-10.84%	1.10%

Returns By Period

In the year-to-date period, PL achieves a 41.73% return, which is significantly higher than PSNYX's -0.56% return.

PL

• 1D: 0.22%
• 1M: 15.78%
• YTD: 41.73%
• 6M: 115.33%
• 1Y: 726.92%
• 3Y*: 92.31%
• 5Y*: —
• 10Y*: —

PSNYX

• 1D: 0.22%
• 1M: -2.55%
• YTD: -0.56%
• 6M: 0.70%
• 1Y: 3.06%
• 3Y*: 2.62%
• 5Y*: 0.17%
• 10Y*: 1.47%

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

Return for Risk

PL vs. PSNYX — Risk / Return Rank

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

PL

PL Risk / Return Rank: 99
PL Sharpe Ratio Rank: 100
PL Sortino Ratio Rank: 99
PL Omega Ratio Rank: 98
PL Calmar Ratio Rank: 100
PL Martin Ratio Rank: 100

PSNYX

PSNYX Risk / Return Rank: 29
PSNYX Sharpe Ratio Rank: 27
PSNYX Sortino Ratio Rank: 22
PSNYX Omega Ratio Rank: 45
PSNYX Calmar Ratio Rank: 29
PSNYX Martin Ratio Rank: 22

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. PSNYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Planet Labs PBC (PL) and BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX). 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.

	PL	PSNYX	Difference
Sharpe ratio Return per unit of total volatility	6.89	0.66	+6.23
Sortino ratio Return per unit of downside risk	5.89	0.92	+4.96
Omega ratio Gain probability vs. loss probability	1.72	1.19	+0.52
Calmar ratio Return relative to maximum drawdown	24.40	0.82	+23.57
Martin ratio Return relative to average drawdown	60.27	2.35	+57.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PL vs. PSNYX - Sharpe Ratio Comparison

The current PL Sharpe Ratio is 6.89, which is higher than the PSNYX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of PL and PSNYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PL	PSNYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.89	0.66	+6.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.91	-0.61

Correlation

The correlation between PL and PSNYX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PL vs. PSNYX - Dividend Comparison

PL has not paid dividends to shareholders, while PSNYX's dividend yield for the trailing twelve months is around 2.93%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PSNYX BNY Mellon New York AMT-Free Municipal Bond Fund	2.93%	3.80%	2.72%	2.12%	2.16%	2.09%	3.15%	3.13%	2.68%	2.63%	2.85%	3.00%

Drawdowns

PL vs. PSNYX - Drawdown Comparison

The maximum PL drawdown since its inception was -85.73%, which is greater than PSNYX's maximum drawdown of -27.64%. Use the drawdown chart below to compare losses from any high point for PL and PSNYX.

Drawdown Indicators

	PL	PSNYX	Difference
Max Drawdown Largest peak-to-trough decline	-85.73%	-27.64%	-58.09%
Max Drawdown (1Y) Largest decline over 1 year	-29.01%	-4.87%	-24.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-15.65%	—
Current Drawdown Current decline from peak	-20.98%	-2.55%	-18.43%
Average Drawdown Average peak-to-trough decline	-51.63%	-3.09%	-48.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.74%	1.71%	+10.03%

Volatility

PL vs. PSNYX - Volatility Comparison

Planet Labs PBC (PL) has a higher volatility of 35.16% compared to BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) at 1.16%. This indicates that PL's price experiences larger fluctuations and is considered to be riskier than PSNYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PL	PSNYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.16%	1.16%	+34.00%
Volatility (6M) Calculated over the trailing 6-month period	65.74%	1.73%	+64.01%
Volatility (1Y) Calculated over the trailing 1-year period	106.56%	5.72%	+100.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.34%	4.11%	+74.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.34%	4.04%	+74.30%