QTOP vs. PLTR
QTOP (iShares Nasdaq Top 30 Stocks ETF) is Nasdaq-100 fund tracking the Nasdaq-100 Top 30 Index, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, QTOP returned 41.42% vs -6.85% for PLTR. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
QTOP vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, QTOP achieves a 18.39% return, which is significantly higher than PLTR's -27.99% return.
QTOP
- 1D
- 0.53%
- 1M
- 0.35%
- YTD
- 18.39%
- 6M
- 19.40%
- 1Y
- 41.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- -2.36%
- 1M
- -4.48%
- YTD
- -27.99%
- 6M
- -30.28%
- 1Y
- -6.85%
- 3Y*
- 99.99%
- 5Y*
- 39.00%
- 10Y*
- —
QTOP vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QTOP iShares Nasdaq Top 30 Stocks ETF | 18.39% | 22.19% | 6.25% |
PLTR Palantir Technologies Inc. | -27.99% | 135.03% | 77.58% |
Correlation
The correlation between QTOP and PLTR 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 Oct 24, 2024 | 0.55 |
The correlation between QTOP and PLTR has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.
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Return for Risk
QTOP vs. PLTR — Risk / Return Rank
QTOP
PLTR
QTOP vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq Top 30 Stocks ETF (QTOP) 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.
| QTOP | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +2.56 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.03 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | -0.14 | +3.23 |
| Martin ratioReturn relative to average drawdown | 11.09 | -0.25 | +11.34 |
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Drawdowns
QTOP vs. PLTR - Drawdown Comparison
The maximum QTOP drawdown since its inception was -23.28%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for QTOP and PLTR.
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Drawdown Indicators
| QTOP | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.28% | -84.62% | +61.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -38.22% | +25.34% |
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 | -3.73% | -38.22% | +34.49% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -40.27% | +36.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | 21.23% | -17.64% |
Volatility
QTOP vs. PLTR - Volatility Comparison
The current volatility for iShares Nasdaq Top 30 Stocks ETF (QTOP) is 7.92%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.16%. This indicates that QTOP 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
| QTOP | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 17.16% | -9.24% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 38.32% | -23.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.65% | 50.83% | -32.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.12% | 65.44% | -42.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 69.75% | -46.63% |
Dividends
QTOP vs. PLTR - Dividend Comparison
QTOP's dividend yield for the trailing twelve months is around 0.33%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% | 0.00% |
QTOP iShares Nasdaq Top 30 Stocks ETF | 0.33% | 0.38% | 0.11% |
Frequently Asked Questions
QTOP and PLTR 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 QTOP (7.92%). In terms of maximum drawdown, QTOP dropped -23.28% vs PLTR's -84.62%.
QTOP currently has the higher Sharpe Ratio (2.14 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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