PLTR vs. TSLR
PLTR (Palantir Technologies Inc.) is a stock, while TSLR (GraniteShares 2x Long TSLA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past year, PLTR returned -5.33% vs 19.41% for TSLR. At a 0.43 correlation, their price movements are largely independent.
Performance
PLTR vs. TSLR - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PLTR having a -27.99% return and TSLR slightly higher at -27.58%.
PLTR
- 1D
- -2.36%
- 1M
- -1.58%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -5.33%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
TSLR
- 1D
- 3.62%
- 1M
- -19.09%
- YTD
- -27.58%
- 6M
- -31.37%
- 1Y
- 19.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR vs. TSLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 340.48% | 18.41% |
TSLR GraniteShares 2x Long TSLA Daily ETF | -27.58% | -25.97% | 67.57% | 1.69% |
Correlation
The correlation between PLTR and TSLR 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 (All Time) Calculated using the full available price history since Aug 22, 2023 | 0.43 |
The correlation between PLTR and TSLR shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PLTR vs. TSLR — Risk / Return Rank
PLTR
TSLR
PLTR vs. TSLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir Technologies Inc. (PLTR) and GraniteShares 2x Long TSLA Daily ETF (TSLR). 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 | TSLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.11 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.36 | -0.50 |
| Martin ratioReturn relative to average drawdown | -0.25 | 0.73 | -0.98 |
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Drawdowns
PLTR vs. TSLR - Drawdown Comparison
The maximum PLTR drawdown since its inception was -84.62%, roughly equal to the maximum TSLR drawdown of -82.80%. Use the drawdown chart below to compare losses from any high point for PLTR and TSLR.
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Drawdown Indicators
| PLTR | TSLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.62% | -82.80% | -1.82% |
Max Drawdown (1Y)Largest decline over 1 year | -38.22% | -54.37% | +16.15% |
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% | -62.94% | +24.72% |
Average DrawdownAverage peak-to-trough decline | -40.27% | -50.31% | +10.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.23% | 26.72% | -5.49% |
Volatility
PLTR vs. TSLR - Volatility Comparison
The current volatility for Palantir Technologies Inc. (PLTR) is 17.16%, while GraniteShares 2x Long TSLA Daily ETF (TSLR) has a volatility of 28.92%. This indicates that PLTR experiences smaller price fluctuations and is considered to be less risky than TSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTR | TSLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 28.92% | -11.76% |
Volatility (6M)Calculated over the trailing 6-month period | 38.32% | 57.66% | -19.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.83% | 89.10% | -38.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.44% | 115.61% | -50.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.75% | 115.61% | -45.86% |
Dividends
PLTR vs. TSLR - Dividend Comparison
Neither PLTR nor TSLR has paid dividends to shareholders.
Frequently Asked Questions
PLTR and TSLR 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.
TSLR has higher volatility (28.92%) compared to PLTR (17.16%). In terms of maximum drawdown, PLTR dropped -84.62% vs TSLR's -82.80%.
TSLR currently has the higher Sharpe Ratio (0.22 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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