PLTR vs. IH2O.L
PLTR (Palantir Technologies Inc.) is a stock, while IH2O.L (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water TR. Over the past 5 years, PLTR returned 39.00%/yr vs 4.12%/yr for IH2O.L. At a 0.20 correlation, their price movements are largely independent.
Performance
PLTR vs. IH2O.L - Performance Comparison
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Different Trading Currencies
PLTR is traded in USD, while IH2O.L is traded in GBp. To make them comparable, the IH2O.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PLTR achieves a -27.99% return, which is significantly lower than IH2O.L's -1.72% return.
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
IH2O.L
- 1D
- 0.98%
- 1M
- 1.10%
- YTD
- -1.72%
- 6M
- -1.10%
- 1Y
- 3.28%
- 3Y*
- 7.92%
- 5Y*
- 4.12%
- 10Y*
- 9.52%
PLTR vs. IH2O.L - 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% |
IH2O.L iShares Global Water UCITS ETF | -1.72% | 18.03% | 4.26% | 12.99% | -20.80% | 31.05% | 15.33% |
Correlation
The correlation between PLTR and IH2O.L is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.20 |
The correlation between PLTR and IH2O.L shifts across timeframes, from -0.07 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
PLTR vs. IH2O.L — Risk / Return Rank
PLTR
IH2O.L
PLTR vs. IH2O.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and iShares Global Water UCITS ETF (IH2O.L). 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 | IH2O.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.04 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.22 | -0.36 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.54 | -0.79 |
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Drawdowns
PLTR vs. IH2O.L - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than IH2O.L's maximum drawdown of -77.04%. Use the drawdown chart below to compare losses from any high point for PLTR and IH2O.L.
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Drawdown Indicators
| PLTR | IH2O.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -77.04% | -7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -10.67% | -27.55% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -16.25% | -24.36% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | -32.45% | -46.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.94% | — |
Current DrawdownCurrent decline from peak | -38.22% | -9.35% | -28.87% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -30.54% | -9.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 4.41% | +16.82% |
Volatility
PLTR vs. IH2O.L - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to iShares Global Water UCITS ETF (IH2O.L) at 4.03%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than IH2O.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | IH2O.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 4.03% | +13.13% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 10.62% | +27.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 13.41% | +37.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 16.48% | +48.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 16.61% | +53.14% |
Dividends
PLTR vs. IH2O.L - Dividend Comparison
PLTR has not paid dividends to shareholders, while IH2O.L's dividend yield for the trailing twelve months is around 1.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IH2O.L iShares Global Water UCITS ETF | 1.43% | 1.35% | 1.05% | 1.21% | 1.11% | 1.67% | 1.00% | 1.43% | 1.77% | 1.52% | 1.62% | 1.61% |
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLTR and IH2O.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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