- ISIN
- US0032621023
- CUSIP
- 003262102
- Issuer
- abrdn
- Inception Date
- Jan 6, 2010
- Category
- Precious Metals
- Leveraged
- 1x (No leverage)
- Index Tracked
- Palladium London PM Fix ($/ozt)
- Distribution Policy
- Accumulating
- Asset Class
- Commodity
- Assets Under Management
- $615M
Highlights
- Avg. Volume (1M)
- 616K
- Avg. Volume Value (1M)
- $14.21M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PALL Performance Chart
abrdn Physical Palladium Shares ETF (PALL) is down 20.1% since the beginning of the year. PALL is currently trading at $23 per share. Investors who bought $1,000 worth of PALL shares 5 years ago would now be looking at an investment worth $468.
Loading charts...
Compare this symbol against anything
Returns By Period
abrdn Physical Palladium Shares ETF (PALL) has returned -20.11% so far this year and 5.49% over the past 12 months. Over the last ten years, PALL has returned 5.38% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
abrdn Physical Palladium Shares ETF
- 1D
- -2.60%
- 1M
- 1.40%
- 6M
- -24.51%
- YTD
- -20.11%
- 1Y
- 5.49%
- 3Y*
- 0.52%
- 5Y*
- -14.08%
- 10Y*
- 5.38%
- ALL TIME*
- 6.05%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PALL Monthly Returns History
Based on dividend-adjusted daily data since Jan 14, 2010, PALL's average daily return is +0.05%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Jan 2022 with a return of +24.7%, while the worst month was Sep 2021 at -22.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PALL closed higher 52% of trading days. The best single day was Mar 25, 2020 with a return of +21.0%, while the worst single day was Mar 12, 2020 at -19.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.83% | 5.54% | -17.05% | 2.84% | -10.89% | -10.57% | 5.21% | -20.11% | |||||
| 2025 | 10.67% | -8.58% | 7.16% | -5.02% | 3.23% | 13.33% | 8.00% | -6.89% | 12.85% | 15.33% | 0.58% | 9.78% | 74.07% |
| 2024 | -10.69% | -3.75% | 7.63% | -6.12% | -4.17% | 5.88% | -4.99% | 4.68% | 3.45% | 12.26% | -12.30% | -7.45% | -17.38% |
| 2023 | -7.29% | -14.29% | 2.93% | 2.91% | -9.11% | -9.91% | 4.00% | -4.19% | 1.51% | -10.10% | -9.61% | 8.09% | -38.77% |
| 2022 | 24.72% | 6.27% | -10.53% | 1.99% | -13.38% | -3.23% | 10.17% | -2.09% | 4.27% | -14.56% | 1.77% | -5.48% | -6.28% |
| 2021 | -9.23% | 4.15% | 12.83% | 12.17% | -4.18% | -1.33% | -4.45% | -6.88% | -22.80% | 4.14% | -13.37% | 9.48% | -23.26% |
Benchmark Metrics
abrdn Physical Palladium Shares ETF has an annualized alpha of 3.84%, beta of 0.64, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since January 14, 2010.
- This ETF participated in 86.43% of S&P 500 Index downside but only 65.47% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.64 may look defensive, but with R2 of 0.10 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.10 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.84%
- Beta
- 0.64
- R²
- 0.10
- Upside Capture
- 65.47%
- Downside Capture
- 86.43%
Expense Ratio
PALL has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PALL ranks 15 for risk / return — above 15% of ETFs peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for abrdn Physical Palladium Shares ETF (PALL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PALL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 2.00 | -1.84 |
| Martin ratioReturn relative to average drawdown | 0.31 | 8.49 | -8.18 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the abrdn Physical Palladium Shares ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the abrdn Physical Palladium Shares ETF was 73.63%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current abrdn Physical Palladium Shares ETF drawdown is 60.63%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-73.63%Aug 2024 | 2y 5mo | — | 4y 4moMar 2022 - now | — |
-48.40%Jan 2016 | 1y 4mo | 1y 7mo | 2y 11moSep 2014 - Aug 2017 | — |
-46.80%Dec 2021 | 7mo 14d | 2mo 19d | 10mo 3dMay 2021 - Mar 2022 | — |
-45.65%Mar 2020 | 19d | 1y 1mo | 1y 1moFeb 2020 - Apr 2021 | COVID crash2020 |
-35.37%Oct 2011 | 7mo 14d | 2y 9mo | 3y 4moFeb 2011 - Jul 2014 | — |
Drawdown Indicators
| PALL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -56.78% | -16.85% |
Max Drawdown (1Y)Largest decline over 1 year | -43.20% | -9.10% | -34.10% |
Max Drawdown (3Y)Largest decline over 3 years | -43.20% | -18.90% | -24.30% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -25.43% | -48.20% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | -33.92% | -39.71% |
Current DrawdownCurrent decline from peak | -60.63% | -1.58% | -59.05% |
Average DrawdownAverage peak-to-trough decline | -27.13% | -10.70% | -16.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.01% | 2.14% | +19.87% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PALL
Add abrdn Physical Palladium Shares ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PALL