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 -20.76% vs -18.63% 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 -36.15% return, which is significantly lower than PLTY's -28.89% return.
PLTR
- 1D
- -2.74%
- 1M
- -17.08%
- YTD
- -36.15%
- 6M
- -41.55%
- 1Y
- -20.76%
- 3Y*
- 100.75%
- 5Y*
- 33.49%
- 10Y*
- —
PLTY
- 1D
- -2.69%
- 1M
- -14.45%
- YTD
- -28.89%
- 6M
- -34.55%
- 1Y
- -18.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. PLTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTR Palantir Technologies Inc. | -36.15% | 135.03% | 94.47% |
PLTY YieldMax PLTR Option Income Strategy ETF | -28.89% | 78.06% | 52.50% |
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 8, 2024 | 0.99 |
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.
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 | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.96 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.49 | +0.03 |
| Martin ratioReturn relative to average drawdown | -0.93 | -0.97 | +0.04 |
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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 -38.32%. 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% | -38.32% | -46.30% |
Max Drawdown (1Y)Largest decline over 1 year | -45.22% | -38.32% | -6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -45.22% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | — | — |
Current DrawdownCurrent decline from peak | -45.22% | -38.32% | -6.90% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -13.33% | -26.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.24% | 19.15% | +3.09% |
Volatility
PLTR vs. PLTY - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 19.25% compared to YieldMax PLTR Option Income Strategy ETF (PLTY) at 16.51%. 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 | 19.25% | 16.51% | +2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 38.42% | 32.64% | +5.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.53% | 43.40% | +8.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.60% | 52.65% | +12.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.71% | 52.65% | +17.06% |
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 128.80%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 128.80% | 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 (19.25%) compared to PLTY (16.51%). In terms of maximum drawdown, PLTR dropped -84.62% vs PLTY's -38.32%.
PLTR currently has the higher Sharpe Ratio (-0.40 vs -0.43), 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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