PLTR vs. CVNA
PLTR (Palantir Technologies Inc.) and CVNA (Carvana Co.) are both stocks. PLTR operates in Software - Infrastructure (Technology), while CVNA operates in Internet Retail (Consumer Cyclical). Over the past 5 years, PLTR returned 39.00%/yr vs 3.14%/yr for CVNA. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
PLTR vs. CVNA - 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 CVNA's -24.06% return.
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
CVNA
- 1D
- -5.49%
- 1M
- -8.30%
- YTD
- -24.06%
- 6M
- -29.67%
- 1Y
- 0.49%
- 3Y*
- 138.89%
- 5Y*
- 3.14%
- 10Y*
- —
PLTR vs. CVNA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
CVNA Carvana Co. | -24.06% | 107.52% | 284.13% | 1,016.88% | -97.96% | -3.24% | 5.98% |
Correlation
The correlation between PLTR and CVNA is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.51 |
The correlation between PLTR and CVNA shifts across timeframes, from 0.38 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PLTR:
$329.05B
CVNA:
$9.49B
PLTR:
$0.89
CVNA:
$8.69
PLTR:
144.03
CVNA:
7.37
PLTR:
0.84
CVNA:
0.03
PLTR:
62.90
CVNA:
0.47
PLTR:
38.94
CVNA:
2.55
PLTR:
$5.22B
CVNA:
$22.52B
PLTR:
$4.39B
CVNA:
$4.50B
PLTR:
$2.01B
CVNA:
-$116.00M
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Return for Risk
PLTR vs. CVNA — Risk / Return Rank
PLTR
CVNA
PLTR vs. CVNA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Carvana Co. (CVNA). 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 | CVNA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.05 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.01 | -0.15 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.03 | -0.28 |
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Drawdowns
PLTR vs. CVNA - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, smaller than the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for PLTR and CVNA.
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Drawdown Indicators
| PLTR | CVNA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -98.99% | +14.37% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -41.21% | +2.99% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -53.47% | +12.86% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -98.99% | +19.85% |
Current DrawdownCurrent decline from peak | -38.22% | -33.01% | -5.21% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -38.24% | -2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 18.79% | +2.44% |
Volatility
PLTR vs. CVNA - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to Carvana Co. (CVNA) at 16.26%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than CVNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | CVNA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 16.26% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 42.02% | -3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 60.04% | -9.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 111.17% | -45.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 99.32% | -29.57% |
Dividends
PLTR vs. CVNA - Dividend Comparison
Neither PLTR nor CVNA has paid dividends to shareholders.
Financials
PLTR vs. CVNA - Financials Comparison
This section allows you to compare key financial metrics between Palantir Technologies Inc. and Carvana Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PLTR vs. CVNA - Profitability Comparison
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
CVNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a gross profit of 1.27B and revenue of 6.43B. Therefore, the gross margin over that period was 19.8%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
CVNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported an operating income of 581.00M and revenue of 6.43B, resulting in an operating margin of 9.0%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
CVNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carvana Co. reported a net income of 250.00M and revenue of 6.43B, resulting in a net margin of 3.9%.
Frequently Asked Questions
PLTR and CVNA have a correlation of 0.38, 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 CVNA (16.26%). In terms of maximum drawdown, PLTR dropped -84.62% vs CVNA's -98.99%.
CVNA currently has the higher Sharpe Ratio (0.01 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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