PL vs. PSNYX

In the year-to-date period, PL achieves a -4.95% return, which is significantly lower than PSNYX's -2.55% return.

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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.

The current PL Sharpe Ratio is 1.18, which is higher than the PSNYX Sharpe Ratio of 0.08. 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.

PL has not paid dividends to shareholders, while PSNYX's dividend yield for the trailing twelve months is around 2.61%.

The maximum PL drawdown since its inception was -85.73%, which is greater than PSNYX's maximum drawdown of -15.30%. Use the drawdown chart below to compare losses from any high point for PL and PSNYX.

Planet Labs PBC (PL) has a higher volatility of 13.00% compared to BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) at 0.80%. 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.