PLTR vs. PLTY
PLTR (Palantir Technologies Inc.) is a stock, while PLTY (YieldMax PLTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, PLTR returned 8.99% vs 5.94% for PLTY. With a 0.98 correlation, they move nearly in lockstep.
Performance
PLTR vs. PLTY - Performance Comparison
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Returns By Period
In the year-to-date period, PLTR achieves a -20.28% return, which is significantly lower than PLTY's -13.94% return.
PLTR
- 1D
- -0.35%
- 1M
- 4.26%
- YTD
- -20.28%
- 6M
- -20.36%
- 1Y
- 8.99%
- 3Y*
- 110.28%
- 5Y*
- 42.60%
- 10Y*
- —
PLTY
- 1D
- -0.46%
- 1M
- 5.06%
- YTD
- -13.94%
- 6M
- -15.13%
- 1Y
- 5.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. PLTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTR Palantir Technologies Inc. | -20.28% | 135.03% | 82.46% |
PLTY YieldMax PLTR Option Income Strategy ETF | -13.94% | 78.06% | 49.98% |
Correlation
The correlation between PLTR and PLTY is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2024 | 0.98 |
The correlation between PLTR and PLTY has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
PLTR vs. PLTY — Risk / Return Rank
PLTR
PLTY
PLTR vs. PLTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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 | PLTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.06 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.17 | +0.06 |
| Martin ratioReturn relative to average drawdown | 0.44 | 0.33 | +0.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLTR | PLTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | 0.14 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.88 | 1.25 | -0.37 |
Drawdowns
PLTR vs. PLTY - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than PLTY's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for PLTR and PLTY.
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Drawdown Indicators
| PLTR | PLTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -36.61% | -48.01% |
Max Drawdown (1Y)Largest decline over 1 year | -38.19% | -34.41% | -3.78% |
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 | -31.61% | -25.36% | -6.25% |
Average DrawdownAverage peak-to-trough decline | -40.30% | -12.80% | -27.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.49% | 17.79% | +2.70% |
Volatility
PLTR vs. PLTY - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 16.84% compared to YieldMax PLTR Option Income Strategy ETF (PLTY) at 14.16%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than PLTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | PLTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.84% | 14.16% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 38.26% | 32.34% | +5.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.70% | 43.49% | +8.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.41% | 52.88% | +12.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.83% | 52.88% | +16.95% |
Dividends
PLTR vs. PLTY - Dividend Comparison
PLTR has not paid dividends to shareholders, while PLTY's dividend yield for the trailing twelve months is around 112.23%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 112.23% | 112.44% | 7.85% |
Frequently Asked Questions
With a correlation of 0.99, PLTR and PLTY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PLTR has higher volatility (16.84%) compared to PLTY (14.16%). In terms of maximum drawdown, PLTR dropped -84.62% vs PLTY's -36.61%.
PLTR currently has the higher Sharpe Ratio (0.17 vs 0.14), 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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