PLTR vs. GPIX
PLTR (Palantir Technologies Inc.) is a stock, while GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs. Over the past year, PLTR returned -6.85% vs 23.85% for GPIX. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
PLTR vs. GPIX - 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 GPIX's 8.64% return.
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
GPIX
- 1D
- 0.55%
- 1M
- 0.57%
- YTD
- 8.64%
- 6M
- 9.22%
- 1Y
- 23.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. GPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 10.13% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.64% | 16.25% | 21.77% | 13.04% |
Correlation
The correlation between PLTR and GPIX is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.54 |
The correlation between PLTR and GPIX has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
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Return for Risk
PLTR vs. GPIX — Risk / Return Rank
PLTR
GPIX
PLTR vs. GPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Goldman Sachs S&P 500 Premium Income ETF (GPIX). 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 | GPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.41 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.97 | -3.11 |
| Martin ratioReturn relative to average drawdown | -0.25 | 14.51 | -14.77 |
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Drawdowns
PLTR vs. GPIX - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for PLTR and GPIX.
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Drawdown Indicators
| PLTR | GPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -17.50% | -67.12% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -7.71% | -30.51% |
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 | -38.22% | -1.63% | -36.59% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -1.49% | -38.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 1.57% | +19.66% |
Volatility
PLTR vs. GPIX - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 3.77%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | GPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 3.77% | +13.39% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 8.51% | +29.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 10.62% | +40.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 13.86% | +51.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 13.86% | +55.89% |
Dividends
PLTR vs. GPIX - Dividend Comparison
PLTR has not paid dividends to shareholders, while GPIX's dividend yield for the trailing twelve months is around 8.09%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.09% | 8.01% | 7.45% | 1.40% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTR and GPIX have a correlation of 0.46, 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 GPIX (3.77%). In terms of maximum drawdown, PLTR dropped -84.62% vs GPIX's -17.50%.
GPIX currently has the higher Sharpe Ratio (2.15 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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