PtPd bimetallic nanoparticles containing an average of 180 atoms and composed of seven different Pt:Pd ratios have been prepared within sixth-generation, hydroxyl-terminated, poly(amidoamine) dendrimers. Transmission electron microscopy indicates that the sizes of all seven nanoparticle compositions are within +/- 0.2 nm of one another and the calculated size. Single-particle energy-dispersive spectroscopy shows that the elemental composition is determined by the ratio of the Pt and Pd precursor salts used to prepare the nanoparticles. Cyclic voltammetry and rotating disk voltammetry measurements show that the Pt:Pd ratio of the nanoparticles determines their efficiency for the oxygen reduction reaction (ORR). The maximum activity for the ORR occurs at a Pt:Pd ratio of 5:1, which corresponds to a relative mass activity enhancement of 2.4 compared to otherwise identical monometallic Pt nanoparticles.