PLTR vs. ARKX
PLTR (Palantir Technologies Inc.) is a stock, while ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK. Over the past 5 years, PLTR returned 39.00%/yr vs 10.38%/yr for ARKX. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
PLTR vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, PLTR achieves a -27.99% return, which is significantly lower than ARKX's 16.56% return.
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
ARKX
- 1D
- -1.94%
- 1M
- -2.96%
- YTD
- 16.56%
- 6M
- 17.78%
- 1Y
- 52.99%
- 3Y*
- 31.55%
- 5Y*
- 10.38%
- 10Y*
- —
PLTR vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -64.74% | -16.20% |
ARKX ARK Space Exploration & Innovation ETF | 16.56% | 48.46% | 26.67% | 24.37% | -34.27% | -8.05% |
Correlation
The correlation between PLTR and ARKX is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021 | 0.65 |
The correlation between PLTR and ARKX shifts across timeframes, from 0.53 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PLTR vs. ARKX — Risk / Return Rank
PLTR
ARKX
PLTR vs. ARKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and ARK Space Exploration & Innovation ETF (ARKX). 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.
| PLTR | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.26 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.61 | -2.75 |
| Martin ratioReturn relative to average drawdown | -0.25 | 6.87 | -7.12 |
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Drawdowns
PLTR vs. ARKX - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for PLTR and ARKX.
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Drawdown Indicators
| PLTR | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -43.61% | -41.01% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -20.42% | -17.80% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -25.47% | -15.14% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -43.61% | -35.53% |
Current DrawdownCurrent decline from peak | -38.22% | -10.49% | -27.73% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -19.92% | -20.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 7.74% | +13.49% |
Volatility
PLTR vs. ARKX - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to ARK Space Exploration & Innovation ETF (ARKX) at 12.77%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 12.77% | +4.39% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 26.51% | +11.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 33.50% | +17.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 28.02% | +37.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 27.65% | +42.10% |
Dividends
PLTR vs. ARKX - Dividend Comparison
Neither PLTR nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
PLTR and ARKX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (17.16%) compared to ARKX (12.77%). In terms of maximum drawdown, PLTR dropped -84.62% vs ARKX's -43.61%.
ARKX currently has the higher Sharpe Ratio (1.59 vs -0.11), 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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