PLTR vs. SHLD
PLTR (Palantir Technologies Inc.) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, PLTR returned -5.33% vs 10.40% for SHLD. At a 0.47 correlation, their price movements are largely independent.
Performance
PLTR vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, PLTR achieves a -27.99% return, which is significantly lower than SHLD's -1.50% return.
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
SHLD
- 1D
- -2.04%
- 1M
- 0.05%
- YTD
- -1.50%
- 6M
- -1.03%
- 1Y
- 10.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 10.13% |
SHLD Global X Defense Tech ETF | -1.50% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between PLTR and SHLD is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2023 | 0.47 |
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Return for Risk
PLTR vs. SHLD — Risk / Return Rank
PLTR
SHLD
PLTR vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Global X Defense Tech ETF (SHLD). 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 | SHLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.09 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.52 | -0.66 |
| Martin ratioReturn relative to average drawdown | -0.25 | 1.28 | -1.53 |
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Drawdowns
PLTR vs. SHLD - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for PLTR and SHLD.
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Drawdown Indicators
| PLTR | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -20.10% | -64.52% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -20.10% | -18.12% |
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 | -38.22% | -18.20% | -20.02% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -3.34% | -36.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 8.12% | +13.11% |
Volatility
PLTR vs. SHLD - Volatility Comparison
Palantir Technologies Inc. (PLTR) has a higher volatility of 17.16% compared to Global X Defense Tech ETF (SHLD) at 9.05%. This indicates that PLTR's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 9.05% | +8.11% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 19.94% | +18.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 24.55% | +26.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 21.29% | +44.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 21.29% | +48.46% |
Dividends
PLTR vs. SHLD - Dividend Comparison
PLTR has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
PLTR and SHLD have a correlation of 0.50, 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 SHLD (9.05%). In terms of maximum drawdown, PLTR dropped -84.62% vs SHLD's -20.10%.
SHLD currently has the higher Sharpe Ratio (0.43 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.
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