SWIM vs. PL

Last updated Jun 4, 2026

SWIM (Latham Group, Inc.) and PL (Planet Labs PBC) are both stocks. Both are in the Industrials sector — SWIM in Building Products & Equipment, PL in Aerospace & Defense. Over the past 5 years, SWIM returned -28.86%/yr vs 34.22%/yr for PL. At a 0.36 correlation, their price movements are largely independent.

Performance

SWIM vs. PL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Latham Group, Inc. (SWIM) and Planet Labs PBC (PL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWIM achieves a -16.85% return, which is significantly lower than PL's 118.71% return.

SWIM

• 1D: -0.75%
• 1M: -8.97%
• YTD: -16.85%
• 6M: -27.47%
• 1Y: -13.44%
• 3Y*: 12.28%
• 5Y*: -28.86%
• 10Y*: —

PL

• 1D: -10.31%
• 1M: 11.91%
• YTD: 118.71%
• 6M: 259.12%
• 1Y: 1,023.18%
• 3Y*: 109.66%
• 5Y*: 34.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWIM vs. PL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SWIM Latham Group, Inc.	-16.85%	-8.76%	164.64%	-18.32%	-87.14%	-9.31%
PL Planet Labs PBC	118.71%	388.12%	63.56%	-43.22%	-29.27%	-37.88%

Correlation

The correlation between SWIM and PL is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Apr 27, 2021	0.36

The correlation between SWIM and PL shifts across timeframes, from 0.19 (1 year) to 0.37 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SWIM : $617.20M PL : $13.69B
EPS SWIM : $0.07 PL : -$0.80
PS Ratio SWIM : 1.13 PL : 43.48
PB Ratio SWIM : 1.56 PL : 72.64
Total Revenue (TTM) SWIM : $551.81M PL : $307.73M
Gross Profit (TTM) SWIM : $157.42M PL : $172.49M
EBITDA (TTM) SWIM : $72.40M PL : -$102.50M

Return for Risk

SWIM vs. PL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWIM

SWIM Risk / Return Rank: 29
SWIM Sharpe Ratio Rank: 29
SWIM Sortino Ratio Rank: 28
SWIM Omega Ratio Rank: 28
SWIM Calmar Ratio Rank: 31
SWIM Martin Ratio Rank: 29

PL

PL Risk / Return Rank: 99
PL Sharpe Ratio Rank: 100
PL Sortino Ratio Rank: 99
PL Omega Ratio Rank: 98
PL Calmar Ratio Rank: 100
PL Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWIM vs. PL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Latham Group, Inc. (SWIM) and Planet Labs PBC (PL). 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.

	SWIM	PL	Difference
Sharpe ratio Return per unit of total volatility	-0.29	9.45	-9.74
Sortino ratio Return per unit of downside risk	-0.11	6.39	-6.51
Omega ratio Gain probability vs. loss probability	0.99	1.79	-0.80
Calmar ratio Return relative to maximum drawdown	-0.32	35.64	-35.96
Martin ratio Return relative to average drawdown	-0.67	88.66	-89.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWIM vs. PL - Sharpe Ratio Comparison

The current SWIM Sharpe Ratio is -0.29, which is lower than the PL Sharpe Ratio of 9.45. The chart below compares the historical Sharpe Ratios of SWIM and PL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWIM	PL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	9.45	-9.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.37	0.43	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	0.42	-0.78

Drawdowns

SWIM vs. PL - Drawdown Comparison

The maximum SWIM drawdown since its inception was -93.55%, which is greater than PL's maximum drawdown of -85.73%. Use the drawdown chart below to compare losses from any high point for SWIM and PL.

Drawdown Indicators

	SWIM	PL	Difference
Max Drawdown Largest peak-to-trough decline	-93.55%	-85.73%	-7.82%
Max Drawdown (1Y) Largest decline over 1 year	-42.30%	-29.01%	-13.29%
Max Drawdown (3Y) Largest decline over 3 years	-53.73%	-65.51%	+11.78%
Max Drawdown (5Y) Largest decline over 5 years	-93.40%	-85.73%	-7.67%
Current Drawdown Current decline from peak	-83.85%	-16.09%	-67.76%
Average Drawdown Average peak-to-trough decline	-74.47%	-50.02%	-24.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.99%	11.64%	+8.35%

Volatility

SWIM vs. PL - Volatility Comparison

The current volatility for Latham Group, Inc. (SWIM) is 13.95%, while Planet Labs PBC (PL) has a volatility of 27.87%. This indicates that SWIM experiences smaller price fluctuations and is considered to be less risky than PL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWIM	PL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.95%	27.87%	-13.92%
Volatility (6M) Calculated over the trailing 6-month period	34.48%	71.02%	-36.54%
Volatility (1Y) Calculated over the trailing 1-year period	47.88%	109.37%	-61.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.48%	79.87%	-1.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.05%	79.03%	-0.98%

Dividends

SWIM vs. PL - Dividend Comparison

Neither SWIM nor PL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SWIM and PL in my portfolio?

SWIM and PL have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWIM or PL?

PL has higher volatility (27.87%) compared to SWIM (13.95%). In terms of maximum drawdown, SWIM dropped -93.55% vs PL's -85.73%.

Which has better risk-adjusted returns?

PL currently has the higher Sharpe Ratio (9.45 vs -0.29), 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.