YPLT.NEO vs. PLTR
YPLT.NEO (Palantir (PLTR) Yield Shares Purpose ETF) is Derivative Income fund actively managed by Purpose, while PLTR (Palantir Technologies Inc.) is a stock. Over the past year, YPLT.NEO returned 23.07% vs 10.84% for PLTR. Their correlation of 0.90 suggests significant overlap in exposure.
Performance
YPLT.NEO vs. PLTR - Performance Comparison
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Different Trading Currencies
YPLT.NEO is traded in CAD, while PLTR is traded in USD. To make them comparable, the PLTR values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, YPLT.NEO achieves a -12.90% return, which is significantly higher than PLTR's -19.18% return.
YPLT.NEO
- 1D
- -0.28%
- 1M
- 4.56%
- YTD
- -12.90%
- 6M
- -13.41%
- 1Y
- 23.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PLTR
- 1D
- -0.25%
- 1M
- 6.49%
- YTD
- -19.18%
- 6M
- -20.63%
- 1Y
- 10.84%
- 3Y*
- 112.68%
- 5Y*
- 46.71%
- 10Y*
- —
YPLT.NEO vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | -12.90% | 62.74% |
PLTR Palantir Technologies Inc. | -19.18% | 52.96% |
Correlation
The correlation between YPLT.NEO and PLTR is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.90 |
The correlation between YPLT.NEO and PLTR has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.
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Return for Risk
YPLT.NEO vs. PLTR — Risk / Return Rank
YPLT.NEO
PLTR
YPLT.NEO vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) 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.
| YPLT.NEO | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.08 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.27 | +0.28 |
| Martin ratioReturn relative to average drawdown | 1.23 | 0.51 | +0.72 |
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
| YPLT.NEO | PLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.21 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.91 | -0.46 |
Drawdowns
YPLT.NEO vs. PLTR - Drawdown Comparison
The maximum YPLT.NEO drawdown since its inception was -41.92%, smaller than the maximum PLTR drawdown of -83.74%. Use the drawdown chart below to compare losses from any high point for YPLT.NEO and PLTR.
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Drawdown Indicators
| YPLT.NEO | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.92% | -83.74% | +41.82% |
Max Drawdown (1Y)Largest decline over 1 year | -41.92% | -39.66% | -2.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -40.48% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.87% | — |
Current DrawdownCurrent decline from peak | -26.50% | -32.31% | +5.81% |
Average DrawdownAverage peak-to-trough decline | -15.41% | -39.81% | +24.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.82% | 21.53% | -2.71% |
Volatility
YPLT.NEO vs. PLTR - Volatility Comparison
The current volatility for Palantir (PLTR) Yield Shares Purpose ETF (YPLT.NEO) is 13.68%, while Palantir Technologies Inc. (PLTR) has a volatility of 16.51%. This indicates that YPLT.NEO 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
| YPLT.NEO | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.68% | 16.51% | -2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 45.56% | 37.54% | +8.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.49% | 51.06% | +9.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.27% | 64.20% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.27% | 68.82% | +0.45% |
Dividends
YPLT.NEO vs. PLTR - Dividend Comparison
YPLT.NEO's dividend yield for the trailing twelve months is around 47.84%, while PLTR has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
PLTR Palantir Technologies Inc. | 0.00% | 0.00% |
YPLT.NEO Palantir (PLTR) Yield Shares Purpose ETF | 47.84% | 14.71% |
Frequently Asked Questions
YPLT.NEO and PLTR have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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