PLTR vs. IETC
PLTR (Palantir Technologies Inc.) is a stock, while IETC (iShares U.S. Tech Independence Focused ETF) is Technology Equities fund actively managed by iShares. Over the past 5 years, PLTR returned 39.00%/yr vs 15.73%/yr for IETC. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
PLTR vs. IETC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTR achieves a -27.99% return, which is significantly lower than IETC's 4.48% return.
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
IETC
- 1D
- -0.07%
- 1M
- 0.03%
- YTD
- 4.48%
- 6M
- 4.29%
- 1Y
- 17.62%
- 3Y*
- 25.69%
- 5Y*
- 15.73%
- 10Y*
- —
PLTR vs. IETC - 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% |
IETC iShares U.S. Tech Independence Focused ETF | 4.48% | 19.56% | 37.57% | 54.35% | -32.78% | 29.73% | 12.98% |
Correlation
The correlation between PLTR and IETC is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.61 |
The correlation between PLTR and IETC has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.
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. IETC — Risk / Return Rank
PLTR
IETC
PLTR vs. IETC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and iShares U.S. Tech Independence Focused ETF (IETC). 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 | IETC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.15 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.84 | -0.98 |
| Martin ratioReturn relative to average drawdown | -0.25 | 2.30 | -2.55 |
Loading charts...
Drawdowns
PLTR vs. IETC - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than IETC's maximum drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for PLTR and IETC.
Loading charts...
Drawdown Indicators
| PLTR | IETC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -38.48% | -46.14% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -21.19% | -17.03% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -25.17% | -15.44% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -38.48% | -40.66% |
Current DrawdownCurrent decline from peak | -38.22% | -10.32% | -27.90% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -8.14% | -32.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 7.67% | +13.56% |
Volatility
PLTR vs. IETC - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to iShares U.S. Tech Independence Focused ETF (IETC) at 9.62%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTR | IETC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 9.62% | +7.54% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 17.85% | +20.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 22.11% | +28.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 24.70% | +40.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 25.44% | +44.31% |
Dividends
PLTR vs. IETC - Dividend Comparison
PLTR has not paid dividends to shareholders, while IETC's dividend yield for the trailing twelve months is around 0.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IETC iShares U.S. Tech Independence Focused ETF | 0.37% | 0.38% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.95% | 1.27% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTR and IETC have a correlation of 0.70, 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 IETC (9.62%). In terms of maximum drawdown, PLTR dropped -84.62% vs IETC's -38.48%.
IETC currently has the higher Sharpe Ratio (0.80 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.
Find the right allocation for PLTR and IETC
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