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 -18.55% vs -15.35% for PLTY. Their 0.99 correlation means they have historically moved very closely together.
Performance
PLTR vs. PLTY - Performance Comparison
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Returns By Period
In the year-to-date period, PLTR achieves a -29.31% return, which is significantly lower than PLTY's -21.97% return.
PLTR
- 1D
- 2.10%
- 1M
- -2.82%
- 6M
- -14.96%
- YTD
- -29.31%
- 1Y
- -18.55%
- 3Y*
- 90.41%
- 5Y*
- 41.31%
- 10Y*
- —
- ALL TIME*
- 54.25%
PLTY
- 1D
- 1.34%
- 1M
- -1.53%
- 6M
- -7.13%
- YTD
- -21.97%
- 1Y
- -15.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 51.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.24B | $4.57B | $5.31B | |
| $4.73M | $4.00M | $5.86M |
PLTR vs. PLTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTR Palantir Technologies Inc. | -29.31% | 135.03% | 94.47% |
PLTY YieldMax PLTR Option Income Strategy ETF | -21.97% | 78.06% | 52.50% |
Correlation
The correlation between PLTR and PLTY is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2024 | 0.99 |
The correlation between PLTR and PLTY has been stable across timeframes, ranging from 0.99 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.
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 | PLTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.97 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | -0.37 | -0.01 |
| Martin ratioReturn relative to average drawdown | -0.72 | -0.70 | -0.02 |
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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 -41.36%. 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% | -41.36% | -43.26% |
Max Drawdown (1Y)Largest decline over 1 year | -48.22% | -41.36% | -6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -48.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | — | — |
Current DrawdownCurrent decline from peak | -39.35% | -32.33% | -7.02% |
Average DrawdownAverage peak-to-trough decline | -40.24% | -14.45% | -25.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.63% | 21.87% | +3.76% |
Volatility
PLTR vs. PLTY - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 13.49% compared to YieldMax PLTR Option Income Strategy ETF (PLTY) at 11.17%. 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 | 13.49% | 11.17% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 40.44% | 33.99% | +6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.47% | 44.10% | +8.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.77% | 52.18% | +13.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.44% | 52.18% | +17.26% |
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 121.57%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 121.57% | 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 (13.49%) compared to PLTY (11.17%). In terms of maximum drawdown, PLTR dropped -84.62% vs PLTY's -41.36%.
PLTY currently has the higher Sharpe Ratio (-0.35 vs -0.36), 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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