PLTR vs SYY: Correlation
Measured on weekly returns over the past three years, Palantir Technologies (PLTR) and Sysco (SYY) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLTR and SYY?
Across a 3-year window, the weekly returns of PLTR and SYY correlate at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.32) runs below the 3-year figure (-0.19). Stretching to 5 years gives -0.02, with an annualized covariance of -276.3 %².
By 3-year correlation, SYY places #28 of the 36 assets tracked against PLTR. On 12-month performance PLTR holds a 13.0-point edge, +18.6% against +5.6%. Across three years, the rolling one-year figure varied moderately, from -0.32 to 0.10. Risk is not evenly split, since PLTR carries 3.5 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PLTR vs SYY: side by side
| PLTR (Palantir Technologies) | SYY (Sysco) | |
|---|---|---|
| 1-year return | +18.6% | +5.6% |
| 5-year return | +621.8% | +19.2% |
| Volatility (ann.) | 71.3% | 20.3% |
| Beta vs S&P 500 | 2.47 | 0.14 |
| Max drawdown (3Y) | -48.2% | -24.0% |
| Market cap | $446.8B | $39.5B |
| P/E (trailing) | 151.2 | 22.5 |
| Dividend yield | 0.00% | 2.61% |
| Sector / category | Information Technology | Consumer Staples |
Year-by-year returns
| Year | PLTR | SYY |
|---|---|---|
| 2022 | -64.7% | -0.3% |
| 2023 | +167.4% | -1.7% |
| 2024 | +340.5% | +7.4% |
| 2025 | +135.0% | -1.0% |
| 2026 | +4.6% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLTR and SYY good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLTR and SYY?
As of 2026-08-27, the correlation of weekly returns between PLTR and SYY is -0.19 over 3 years, -0.32 over 1 year and -0.02 over 5 years.
Is SYY a good diversifier for PLTR?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pltr-vs-syy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pltr-vs-syy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PLTR correlations · SYY correlations
