TMDIX vs. PLTR

Last updated Jun 9, 2026

TMDIX (AMG TimesSquare Mid Cap Growth Fund) is Mid Cap Growth Equities fund managed by AMG, while PLTR (Palantir Technologies Inc.) is a stock. Over the past 5 years, TMDIX returned 3.86%/yr vs 40.48%/yr for PLTR. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

TMDIX vs. PLTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AMG TimesSquare Mid Cap Growth Fund (TMDIX) and Palantir Technologies Inc. (PLTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMDIX achieves a 1.85% return, which is significantly higher than PLTR's -25.70% return.

TMDIX

• 1D: -3.12%
• 1M: 2.09%
• YTD: 1.85%
• 6M: -10.01%
• 1Y: -6.92%
• 3Y*: 7.87%
• 5Y*: 3.86%
• 10Y*: 12.65%

PLTR

• 1D: -3.22%
• 1M: -4.16%
• YTD: -25.70%
• 6M: -27.37%
• 1Y: 0.01%
• 3Y*: 106.40%
• 5Y*: 40.48%
• 10Y*: —

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

TMDIX vs. PLTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TMDIX AMG TimesSquare Mid Cap Growth Fund	1.85%	-1.76%	10.84%	25.07%	-22.26%	16.75%	18.41%
PLTR Palantir Technologies Inc.	-25.70%	135.03%	340.48%	167.45%	-64.74%	-22.68%	135.50%

Correlation

The correlation between TMDIX and PLTR is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020	0.57

The correlation between TMDIX and PLTR shifts across timeframes, from 0.47 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TMDIX vs. PLTR — Risk / Return Rank

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

TMDIX

TMDIX Risk / Return Rank: 2
TMDIX Sharpe Ratio Rank: 2
TMDIX Sortino Ratio Rank: 2
TMDIX Omega Ratio Rank: 2
TMDIX Calmar Ratio Rank: 2
TMDIX Martin Ratio Rank: 2

PLTR

PLTR Risk / Return Rank: 42
PLTR Sharpe Ratio Rank: 43
PLTR Sortino Ratio Rank: 40
PLTR Omega Ratio Rank: 40
PLTR Calmar Ratio Rank: 43
PLTR Martin Ratio Rank: 42

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.

TMDIX vs. PLTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AMG TimesSquare Mid Cap Growth Fund (TMDIX) 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.

	TMDIX	PLTR	Difference
Sharpe ratio: Return per unit of total volatility	-0.32	0.00	-0.33
Sortino ratio: Return per unit of downside risk	-0.29	0.35	-0.64
Omega ratio: Gain probability vs. loss probability	0.96	1.04	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.25	0.00	-0.25
Martin ratio: Return relative to average drawdown	-0.53	0.00	-0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMDIX vs. PLTR - Sharpe Ratio Comparison

The current TMDIX Sharpe Ratio is -0.32, which is lower than the PLTR Sharpe Ratio of 0.00. The chart below compares the historical Sharpe Ratios of TMDIX and PLTR, 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

	TMDIX	PLTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.32	0.00	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.62	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.83	-0.30

Drawdowns

TMDIX vs. PLTR - Drawdown Comparison

The maximum TMDIX drawdown since its inception was -48.73%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for TMDIX and PLTR.

Drawdown Indicators

	TMDIX	PLTR	Difference
Max Drawdown Largest peak-to-trough decline	-48.73%	-84.62%	+35.89%
Max Drawdown (1Y) Largest decline over 1 year	-25.45%	-38.19%	+12.74%
Max Drawdown (3Y) Largest decline over 3 years	-25.45%	-40.61%	+15.16%
Max Drawdown (5Y) Largest decline over 5 years	-30.53%	-79.14%	+48.61%
Max Drawdown (10Y) Largest decline over 10 years	-35.44%	—	—
Current Drawdown Current decline from peak	-14.72%	-36.25%	+21.53%
Average Drawdown Average peak-to-trough decline	-7.16%	-40.28%	+33.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.17%	20.84%	-8.67%

Volatility

TMDIX vs. PLTR - Volatility Comparison

The current volatility for AMG TimesSquare Mid Cap Growth Fund (TMDIX) is 5.23%, while Palantir Technologies Inc. (PLTR) has a volatility of 17.53%. This indicates that TMDIX 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.

Volatility by Period

	TMDIX	PLTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	17.53%	-12.30%
Volatility (6M) Calculated over the trailing 6-month period	17.40%	38.40%	-21.00%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	50.93%	-31.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.42%	65.45%	-45.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	69.81%	-48.71%

Dividends

TMDIX vs. PLTR - Dividend Comparison

Neither TMDIX nor PLTR has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLTR Palantir Technologies Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TMDIX AMG TimesSquare Mid Cap Growth Fund	0.00%	0.00%	8.08%	3.98%	3.69%	29.72%	18.28%	31.06%	16.38%	14.44%	5.90%	7.73%

Frequently Asked Questions

Can I hold both TMDIX and PLTR in my portfolio?

TMDIX and PLTR have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMDIX or PLTR?

PLTR has higher volatility (17.53%) compared to TMDIX (5.23%). In terms of maximum drawdown, TMDIX dropped -48.73% vs PLTR's -84.62%.

Which has better risk-adjusted returns?

PLTR currently has the higher Sharpe Ratio (0.00 vs -0.32), 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.