PLTR vs. BITU
PLTR (Palantir Technologies Inc.) is a stock, while BITU (Proshares Ultra Bitcoin ETF) is Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. Over the past year, PLTR returned -1.96% vs -71.62% for BITU. At a 0.32 correlation, their price movements are largely independent.
Performance
PLTR vs. BITU - Performance Comparison
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Returns By Period
In the year-to-date period, PLTR achieves a -24.21% return, which is significantly higher than BITU's -51.92% return.
PLTR
- 1D
- 5.25%
- 1M
- 0.54%
- YTD
- -24.21%
- 6M
- -26.49%
- 1Y
- -1.96%
- 3Y*
- 102.18%
- 5Y*
- 40.28%
- 10Y*
- —
BITU
- 1D
- 9.21%
- 1M
- -31.11%
- YTD
- -51.92%
- 6M
- -50.40%
- 1Y
- -71.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. BITU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTR Palantir Technologies Inc. | -24.21% | 135.03% | 230.84% |
BITU Proshares Ultra Bitcoin ETF | -51.92% | -37.07% | 41.85% |
Correlation
The correlation between PLTR and BITU is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | 0.32 |
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Return for Risk
PLTR vs. BITU — Risk / Return Rank
PLTR
BITU
PLTR vs. BITU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Proshares Ultra Bitcoin ETF (BITU). 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 | BITU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.85 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.87 | +0.82 |
| Martin ratioReturn relative to average drawdown | -0.09 | -1.38 | +1.29 |
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Drawdowns
PLTR vs. BITU - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, roughly equal to the maximum BITU drawdown of -82.21%. Use the drawdown chart below to compare losses from any high point for PLTR and BITU.
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Drawdown Indicators
| PLTR | BITU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -82.21% | -2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -82.21% | +43.99% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | — | — |
Current DrawdownCurrent decline from peak | -34.98% | -78.50% | +43.52% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -35.10% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.35% | 51.85% | -30.50% |
Volatility
PLTR vs. BITU - Volatility Comparison
The current volatility for Palantir Technologies Inc. (PLTR) is 17.72%, while Proshares Ultra Bitcoin ETF (BITU) has a volatility of 25.78%. This indicates that PLTR experiences smaller price fluctuations and is considered to be less risky than BITU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | BITU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.72% | 25.78% | -8.06% |
Volatility (6M)Calculated over the trailing 6-month period | 38.70% | 70.18% | -31.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.17% | 88.32% | -37.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.49% | 97.56% | -32.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.76% | 97.56% | -27.80% |
Dividends
PLTR vs. BITU - Dividend Comparison
PLTR has not paid dividends to shareholders, while BITU's dividend yield for the trailing twelve months is around 81.62%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BITU Proshares Ultra Bitcoin ETF | 81.62% | 50.23% | 0.12% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTR and BITU have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITU has higher volatility (25.78%) compared to PLTR (17.72%). In terms of maximum drawdown, PLTR dropped -84.62% vs BITU's -82.21%.
PLTR currently has the higher Sharpe Ratio (-0.04 vs -0.81), 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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