PLTR vs. GLD
PLTR (Palantir Technologies Inc.) is a stock, while GLD (SPDR Gold Shares) is Gold fund tracking the LBMA Gold Price PM. Over the past 5 years, PLTR returned 39.00%/yr vs 17.08%/yr for GLD. At a 0.08 correlation, their price movements are largely independent.
Performance
PLTR vs. GLD - 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 GLD's -2.47% return.
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
GLD
- 1D
- 0.06%
- 1M
- -7.37%
- YTD
- -2.47%
- 6M
- -2.25%
- 1Y
- 22.21%
- 3Y*
- 28.89%
- 5Y*
- 17.08%
- 10Y*
- 12.15%
PLTR vs. GLD - 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% |
GLD SPDR Gold Shares | -2.47% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 0.10% |
Correlation
The correlation between PLTR and GLD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.08 |
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Return for Risk
PLTR vs. GLD — Risk / Return Rank
PLTR
GLD
PLTR vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and SPDR Gold Shares (GLD). 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 | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.18 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.98 | -1.12 |
| Martin ratioReturn relative to average drawdown | -0.25 | 2.81 | -3.06 |
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Drawdowns
PLTR vs. GLD - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for PLTR and GLD.
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Drawdown Indicators
| PLTR | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -45.56% | -39.06% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -24.46% | -13.76% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -24.46% | -16.15% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -24.46% | -54.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.46% | — |
Current DrawdownCurrent decline from peak | -38.22% | -22.05% | -16.17% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -16.16% | -24.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 8.49% | +12.74% |
Volatility
PLTR vs. GLD - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to SPDR Gold Shares (GLD) at 7.79%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 7.79% | +9.37% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 24.10% | +14.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 27.37% | +23.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 18.22% | +47.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 16.08% | +53.67% |
Dividends
PLTR vs. GLD - Dividend Comparison
Neither PLTR nor GLD has paid dividends to shareholders.
Frequently Asked Questions
PLTR and GLD have a correlation of 0.12, 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 GLD (7.79%). In terms of maximum drawdown, PLTR dropped -84.62% vs GLD's -45.56%.
GLD currently has the higher Sharpe Ratio (0.87 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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