PLTY vs. PLTR
PLTY (YieldMax PLTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, PLTY returned -16.47% vs -22.29% for PLTR. Their 0.99 correlation means they have historically moved very closely together.
Performance
PLTY vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, PLTY achieves a -23.00% return, which is significantly higher than PLTR's -30.77% return.
PLTY
- 1D
- 1.10%
- 1M
- -2.83%
- 6M
- -8.14%
- YTD
- -23.00%
- 1Y
- -16.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 50.31%
PLTR
- 1D
- 0.65%
- 1M
- -2.12%
- 6M
- -16.05%
- YTD
- -30.77%
- 1Y
- -22.29%
- 3Y*
- 83.27%
- 5Y*
- 41.48%
- 10Y*
- —
- ALL TIME*
- 53.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.87B | $4.57B | $5.46B | |
| $4.74M | $3.96M | $6.06M |
PLTY vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | -23.00% | 78.06% | 52.50% |
PLTR Palantir Technologies Inc. | -30.77% | 135.03% | 94.47% |
Correlation
The correlation between PLTY and PLTR 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 PLTY and PLTR has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
PLTY vs. PLTR — Risk / Return Rank
PLTY
PLTR
PLTY vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and Palantir Technologies Inc. (PLTR). 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.
| PLTY | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.96 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.46 | +0.03 |
| Martin ratioReturn relative to average drawdown | -0.83 | -0.87 | +0.05 |
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Drawdowns
PLTY vs. PLTR - Drawdown Comparison
The maximum PLTY drawdown since its inception was -41.36%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for PLTY and PLTR.
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Drawdown Indicators
| PLTY | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.36% | -84.62% | +43.26% |
Max Drawdown (1Y)Largest decline over 1 year | -41.36% | -48.22% | +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 | -33.22% | -40.60% | +7.38% |
Average DrawdownAverage peak-to-trough decline | -14.41% | -40.24% | +25.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.78% | 25.51% | -3.73% |
Volatility
PLTY vs. PLTR - Volatility Comparison
The current volatility for YieldMax PLTR Option Income Strategy ETF (PLTY) is 11.37%, while Palantir Technologies Inc. (PLTR) has a volatility of 13.63%. This indicates that PLTY experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTY | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.37% | 13.63% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 34.16% | 40.52% | -6.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.02% | 52.38% | -8.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.23% | 65.74% | -13.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.23% | 69.46% | -17.23% |
Dividends
PLTY vs. PLTR - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 123.19%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 123.19% | 112.44% | 7.85% |
Frequently Asked Questions
With a correlation of 0.99, PLTY and PLTR 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 (13.63%) compared to PLTY (11.37%). In terms of maximum drawdown, PLTY dropped -41.36% vs PLTR's -84.62%.
PLTY currently has the higher Sharpe Ratio (-0.41 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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