PLTR vs. IBIT
PLTR (Palantir Technologies Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, PLTR returned 6.85% vs -39.44% for IBIT. At a 0.32 correlation, their price movements are largely independent.
Performance
PLTR vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTR achieves a -23.22% return, which is significantly higher than IBIT's -27.71% return.
PLTR
- 1D
- 0.69%
- 1M
- -0.97%
- YTD
- -23.22%
- 6M
- -24.81%
- 1Y
- 6.85%
- 3Y*
- 108.67%
- 5Y*
- 41.37%
- 10Y*
- —
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTR Palantir Technologies Inc. | -23.22% | 135.03% | 350.45% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
Correlation
The correlation between PLTR and IBIT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLTR vs. IBIT — Risk / Return Rank
PLTR
IBIT
PLTR vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and iShares Bitcoin Trust ETF (IBIT). 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.
| PLTR | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.86 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | -0.76 | +0.94 |
| Martin ratioReturn relative to average drawdown | 0.33 | -1.36 | +1.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PLTR | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | -0.90 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.26 | +0.60 |
Drawdowns
PLTR vs. IBIT - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for PLTR and IBIT.
Loading charts...
Drawdown Indicators
| PLTR | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -52.11% | -32.51% |
Max Drawdown (1Y)Largest decline over 1 year | -38.19% | -52.11% | +13.92% |
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 | -34.13% | -49.66% | +15.53% |
Average DrawdownAverage peak-to-trough decline | -40.29% | -16.19% | -24.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.71% | 28.97% | -8.26% |
Volatility
PLTR vs. IBIT - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.24% compared to iShares Bitcoin Trust ETF (IBIT) at 11.85%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTR | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.24% | 11.85% | +5.39% |
Volatility (6M)Calculated over the trailing 6-month period | 38.35% | 34.60% | +3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.93% | 44.28% | +6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 50.32% | +15.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.81% | 50.32% | +19.49% |
Dividends
PLTR vs. IBIT - Dividend Comparison
Neither PLTR nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
PLTR and IBIT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (17.24%) compared to IBIT (11.85%). In terms of maximum drawdown, PLTR dropped -84.62% vs IBIT's -52.11%.
PLTR currently has the higher Sharpe Ratio (0.14 vs -0.90), 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.
Find the right allocation for PLTR and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer