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 -9.09% vs -10.77% for PLTR. With a 0.99 correlation, they move nearly in lockstep.
Performance
PLTY vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, PLTY achieves a -21.18% return, which is significantly higher than PLTR's -28.67% return.
PLTY
- 1D
- -1.12%
- 1M
- -2.53%
- 6M
- -20.99%
- YTD
- -21.18%
- 1Y
- -9.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- -1.74%
- 1M
- -0.94%
- 6M
- -28.56%
- YTD
- -28.67%
- 1Y
- -10.77%
- 3Y*
- 97.37%
- 5Y*
- 40.34%
- 10Y*
- —
PLTY vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | -21.18% | 78.06% | 52.50% |
PLTR Palantir Technologies Inc. | -28.67% | 135.03% | 94.47% |
Correlation
The correlation between PLTY and PLTR 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 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 | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.01 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | -0.23 | +0.01 |
| Martin ratioReturn relative to average drawdown | -0.45 | -0.46 | +0.02 |
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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 | -31.64% | -38.80% | +7.16% |
Average DrawdownAverage peak-to-trough decline | -13.83% | -40.27% | +26.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.39% | 23.76% | -3.37% |
Volatility
PLTY vs. PLTR - Volatility Comparison
The current volatility for YieldMax PLTR Option Income Strategy ETF (PLTY) is 14.06%, while Palantir Technologies Inc. (PLTR) has a volatility of 16.38%. 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 | 14.06% | 16.38% | -2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 33.43% | 39.49% | -6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.20% | 51.53% | -8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.53% | 65.63% | -13.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.53% | 69.63% | -17.10% |
Dividends
PLTY vs. PLTR - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 122.02%, 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 | 122.02% | 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 (16.38%) compared to PLTY (14.06%). In terms of maximum drawdown, PLTY dropped -41.36% vs PLTR's -84.62%.
PLTY currently has the higher Sharpe Ratio (-0.21 vs -0.21), 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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