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PLTR vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

PLTR vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palantir Technologies Inc. (PLTR) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with PLTR having a -27.40% return and BTC-USD slightly lower at -27.93%.


PLTR

1D
-2.41%
1M
-2.29%
6M
-27.04%
YTD
-27.40%
1Y
-9.84%
3Y*
99.30%
5Y*
40.84%
10Y*

BTC-USD

1D
1.32%
1M
2.22%
6M
-30.73%
YTD
-27.93%
1Y
-43.34%
3Y*
27.51%
5Y*
13.47%
10Y*
57.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLTR vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
PLTR
Palantir Technologies Inc.
-27.40%135.03%340.48%167.45%-64.74%-22.68%135.50%
BTC-USD
Bitcoin
-27.93%-6.27%120.76%155.82%-64.23%59.40%167.42%

Correlation

The correlation between PLTR and BTC-USD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (All Time)
Calculated using the full available price history since Sep 30, 2020

0.23

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Return for Risk

PLTR vs. BTC-USD — Risk / Return Rank

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

PLTR
PLTR Risk / Return Rank: 3737
Overall Rank
PLTR Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
PLTR Sortino Ratio Rank: 3636
Sortino Ratio Rank
PLTR Omega Ratio Rank: 3636
Omega Ratio Rank
PLTR Calmar Ratio Rank: 3838
Calmar Ratio Rank
PLTR Martin Ratio Rank: 3838
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 2020
Overall Rank
BTC-USD Sharpe Ratio Rank: 66
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 2727
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 2222
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 3939
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 77
Martin Ratio Rank
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.

PLTR vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Bitcoin (BTC-USD). 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.


PLTRBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.82

Sortino ratioReturn per unit of downside risk

+1.55

Omega ratioGain probability vs. loss probability

1.01

0.85

+0.16

Calmar ratioReturn relative to maximum drawdown

-0.20

-0.82

+0.61

Martin ratioReturn relative to average drawdown

-0.42

-1.34

+0.93

PLTR vs. BTC-USD - Sharpe Ratio Comparison

The current PLTR Sharpe Ratio is -0.19, which is higher than the BTC-USD Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of PLTR and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PLTR vs. BTC-USD - Drawdown Comparison

The maximum PLTR drawdown since its inception was -84.62%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for PLTR and BTC-USD.


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Drawdown Indicators


PLTRBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-84.62%

-85.30%

+0.68%

Max Drawdown (1Y)

Largest decline over 1 year

-48.22%

-53.08%

+4.86%

Max Drawdown (3Y)

Largest decline over 3 years

-48.22%

-53.08%

+4.86%

Max Drawdown (5Y)

Largest decline over 5 years

-79.14%

-76.67%

-2.47%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-37.72%

-49.44%

+11.72%

Average Drawdown

Average peak-to-trough decline

-40.27%

-42.53%

+2.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.63%

31.20%

-7.57%

Volatility

PLTR vs. BTC-USD - Volatility Comparison

Palantir Technologies Inc. (PLTR) has a higher volatility of 16.60% compared to Bitcoin (BTC-USD) at 9.25%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PLTRBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.60%

9.25%

+7.35%

Volatility (6M)

Calculated over the trailing 6-month period

39.48%

34.87%

+4.61%

Volatility (1Y)

Calculated over the trailing 1-year period

51.56%

35.75%

+15.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

65.65%

43.96%

+21.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

69.65%

56.32%

+13.33%

Frequently Asked Questions


PLTR and BTC-USD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PLTR has higher volatility (16.60%) compared to BTC-USD (9.25%). In terms of maximum drawdown, PLTR dropped -84.62% vs BTC-USD's -85.30%.

PLTR currently has the higher Sharpe Ratio (-0.19 vs -1.01), 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.

Portfolio Optimizer

Find the right allocation for PLTR and BTC-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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