XOS vs. PLTR
XOS (Xos, Inc.) and PLTR (Palantir Technologies Inc.) are both stocks. XOS operates in Farm & Heavy Construction Machinery (Industrials), while PLTR operates in Software - Infrastructure (Technology). Over the past 3 years, XOS returned -13.63%/yr vs 113.95%/yr for PLTR. At a 0.27 correlation, their price movements are largely independent.
Performance
XOS vs. PLTR - Performance Comparison
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Returns By Period
In the year-to-date period, XOS achieves a 312.15% return, which is significantly higher than PLTR's -20.00% return.
XOS
- 1D
- 234.53%
- 1M
- 314.44%
- YTD
- 312.15%
- 6M
- 217.45%
- 1Y
- 136.83%
- 3Y*
- -13.63%
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- -6.55%
- 1M
- -2.62%
- YTD
- -20.00%
- 6M
- -19.24%
- 1Y
- 6.78%
- 3Y*
- 113.95%
- 5Y*
- 42.70%
- 10Y*
- —
XOS vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XOS Xos, Inc. | 312.15% | -44.14% | -59.40% | -39.94% | -85.94% | -58.28% |
PLTR Palantir Technologies Inc. | -20.00% | 135.03% | 340.48% | 167.45% | -64.74% | -24.16% |
Correlation
The correlation between XOS and PLTR is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2021 | 0.27 |
Over the past year, the correlation between XOS and PLTR has dropped to 0.04 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
XOS:
$86.33M
PLTR:
$365.59B
XOS:
-$1.96
PLTR:
$0.89
XOS:
1.49
PLTR:
69.88
XOS:
4.36
PLTR:
43.27
XOS:
$51.34M
PLTR:
$5.22B
XOS:
$5.85M
PLTR:
$4.39B
XOS:
-$17.36M
PLTR:
$2.01B
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Return for Risk
XOS vs. PLTR — Risk / Return Rank
XOS
PLTR
XOS vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xos, Inc. (XOS) 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.
| XOS | PLTR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 0.13 | +0.44 |
Sortino ratioReturn per unit of downside risk | 4.99 | 0.53 | +4.46 |
Omega ratioGain probability vs. loss probability | 1.62 | 1.07 | +0.55 |
Calmar ratioReturn relative to maximum drawdown | 2.40 | 0.18 | +2.22 |
Martin ratioReturn relative to average drawdown | 3.77 | 0.33 | +3.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XOS | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.13 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.35 | 0.88 | -1.23 |
Drawdowns
XOS vs. PLTR - Drawdown Comparison
The maximum XOS drawdown since its inception was -99.36%, which is greater than PLTR's maximum drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for XOS and PLTR.
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Drawdown Indicators
| XOS | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.36% | -84.62% | -14.74% |
Max Drawdown (1Y)Largest decline over 1 year | -57.41% | -38.19% | -19.22% |
Max Drawdown (3Y)Largest decline over 3 years | -90.86% | -40.61% | -50.25% |
Max Drawdown (5Y)Largest decline over 5 years | — | -79.14% | — |
Current DrawdownCurrent decline from peak | -97.03% | -31.36% | -65.67% |
Average DrawdownAverage peak-to-trough decline | -88.57% | -40.31% | -48.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.41% | 20.40% | +16.01% |
Volatility
XOS vs. PLTR - Volatility Comparison
Xos, Inc. (XOS) has a higher volatility of 120.55% compared to Palantir Technologies Inc. (PLTR) at 18.39%. This indicates that XOS's price experiences larger fluctuations and is considered to be riskier 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
| XOS | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 120.55% | 18.39% | +102.16% |
Volatility (6M)Calculated over the trailing 6-month period | 130.66% | 38.32% | +92.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 242.83% | 51.70% | +191.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.02% | 65.41% | +79.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 145.02% | 69.86% | +75.16% |
Dividends
XOS vs. PLTR - Dividend Comparison
Neither XOS nor PLTR has paid dividends to shareholders.
Financials
XOS vs. PLTR - Financials Comparison
This section allows you to compare key financial metrics between Xos, Inc. and Palantir Technologies Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
XOS vs. PLTR - Profitability Comparison
XOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported a gross profit of 4.33M and revenue of 11.23M. Therefore, the gross margin over that period was 38.6%.
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
XOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported an operating income of -4.68M and revenue of 11.23M, resulting in an operating margin of -41.7%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
XOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xos, Inc. reported a net income of -4.95M and revenue of 11.23M, resulting in a net margin of -44.1%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
Frequently Asked Questions
XOS and PLTR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XOS has higher volatility (120.55%) compared to PLTR (18.39%). In terms of maximum drawdown, XOS dropped -99.36% vs PLTR's -84.62%.
XOS currently has the higher Sharpe Ratio (0.57 vs 0.13), 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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