PLTR vs. TSLL
PLTR (Palantir Technologies Inc.) is a stock, while TSLL (Direxion Daily TSLA Bull 2X ETF) is Leveraged Equities fund actively managed by Direxion. Over the past 3 years, PLTR returned 99.99%/yr vs -3.31%/yr for TSLL. At a 0.45 correlation, their price movements are largely independent.
Performance
PLTR vs. TSLL - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PLTR having a -27.99% return and TSLL slightly lower at -28.34%.
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
TSLL
- 1D
- 3.58%
- 1M
- -9.76%
- YTD
- -28.34%
- 6M
- -32.14%
- 1Y
- 13.30%
- 3Y*
- -3.31%
- 5Y*
- —
- 10Y*
- —
PLTR vs. TSLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 167.45% | -34.62% |
TSLL Direxion Daily TSLA Bull 2X ETF | -28.34% | -26.80% | 99.63% | 139.86% | -74.99% |
Correlation
The correlation between PLTR and TSLL is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022 | 0.45 |
The correlation between PLTR and TSLL shifts across timeframes, from 0.32 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PLTR vs. TSLL — Risk / Return Rank
PLTR
TSLL
PLTR vs. TSLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and Direxion Daily TSLA Bull 2X ETF (TSLL). 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 | TSLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.10 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.32 | -0.46 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.65 | -0.90 |
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Drawdowns
PLTR vs. TSLL - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, roughly equal to the maximum TSLL drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for PLTR and TSLL.
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Drawdown Indicators
| PLTR | TSLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -82.88% | -1.74% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -54.75% | +16.53% |
Max Drawdown (3Y)Largest decline over 3 years | -40.61% | -82.88% | +42.27% |
Max Drawdown (5Y)Largest decline over 5 years | -79.14% | — | — |
Current DrawdownCurrent decline from peak | -38.22% | -63.81% | +25.59% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -53.85% | +13.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 27.01% | -5.78% |
Volatility
PLTR vs. TSLL - Volatility Comparison
The current volatility for Palantir Technologies Inc. (PLTR) is 17.16%, while Direxion Daily TSLA Bull 2X ETF (TSLL) has a volatility of 28.50%. This indicates that PLTR experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | TSLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 28.50% | -11.34% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 57.37% | -19.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 88.62% | -37.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 107.00% | -41.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 107.00% | -37.25% |
Dividends
PLTR vs. TSLL - Dividend Comparison
PLTR has not paid dividends to shareholders, while TSLL's dividend yield for the trailing twelve months is around 7.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSLL Direxion Daily TSLA Bull 2X ETF | 7.14% | 5.00% | 2.47% | 4.44% | 1.57% |
Frequently Asked Questions
PLTR and TSLL have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLL has higher volatility (28.50%) compared to PLTR (17.16%). In terms of maximum drawdown, PLTR dropped -84.62% vs TSLL's -82.88%.
TSLL currently has the higher Sharpe Ratio (0.20 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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