- ISIN
- US38748T1034
- CUSIP
- 38748T103
- Issuer
- GraniteShares
- Inception Date
- Jan 22, 2018
- Category
- Precious Metals
- Leveraged
- 1x (No leverage)
- Index Tracked
- Platinum London PM Fix ($/ozt)
- Distribution Policy
- Accumulating
- Asset Class
- Commodity
- Assets Under Management
- $184M
Share Price Chart
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Performance
PLTM Performance Chart
GraniteShares Platinum Trust (PLTM) is down 18.4% since the beginning of the year. PLTM is currently trading at $16 per share. Investors who bought $1,000 worth of PLTM shares 5 years ago would now be looking at an investment worth $1,510.
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Returns By Period
GraniteShares Platinum Trust (PLTM) has returned -18.40% so far this year and 31.86% over the past 12 months.
GraniteShares Platinum Trust
- 1D
- -1.17%
- 1M
- -12.83%
- YTD
- -18.40%
- 6M
- -20.69%
- 1Y
- 31.86%
- 3Y*
- 21.62%
- 5Y*
- 8.59%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PLTM Monthly Returns History
Based on dividend-adjusted daily data since Feb 5, 2018, PLTM's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 52% of months were positive and 48% were negative. The best month was Jun 2025 with a return of +27.3%, while the worst month was Mar 2026 at -16.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PLTM closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +9.7%, while the worst single day was Jan 30, 2026 at -19.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.21% | 10.65% | -16.88% | 0.85% | -2.99% | -12.97% | -18.40% | ||||||
| 2025 | 7.96% | -3.64% | 5.85% | -3.31% | 9.08% | 27.33% | -4.08% | 6.34% | 13.95% | 0.46% | 6.65% | 21.87% | 124.46% |
| 2024 | -7.55% | -4.00% | 3.21% | 3.05% | 10.32% | -3.79% | -1.85% | -5.11% | 5.56% | 1.26% | -4.31% | -4.56% | -8.91% |
| 2023 | -5.81% | -5.86% | 4.06% | 8.23% | -7.19% | -9.15% | 5.02% | 1.73% | -6.67% | 3.23% | -0.66% | 6.75% | -8.10% |
| 2022 | 5.76% | 2.30% | -5.61% | -5.10% | 2.93% | -7.09% | -0.06% | -5.30% | 1.59% | 7.43% | 11.36% | 3.96% | 10.83% |
| 2021 | 0.77% | 9.37% | 0.43% | 0.94% | -1.86% | -9.00% | -2.22% | -3.68% | -4.48% | 5.32% | -8.49% | 3.43% | -10.52% |
Benchmark Metrics
GraniteShares Platinum Trust has an annualized alpha of 4.14%, beta of 0.47, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since February 05, 2018.
- This ETF participated in 58.86% of S&P 500 Index downside but only 45.09% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.47 may look defensive, but with R2 of 0.09 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 0.09 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
- 4.14%
- Beta
- 0.47
- R²
- 0.09
- Upside Capture
- 45.09%
- Downside Capture
- 58.86%
Expense Ratio
PLTM has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PLTM ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) 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.
| PLTM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.37 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.78 | -1.99 |
| Martin ratioReturn relative to average drawdown | 1.76 | 12.44 | -10.68 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares Platinum Trust. 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 GraniteShares Platinum Trust was 42.32%, occurring on Mar 19, 2020. Recovery took 180 trading sessions.
The current GraniteShares Platinum Trust drawdown is 39.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -42.32%Mar 2020 | 1mo 28d | 8mo 19d | 10mo 17dJan 2020 - Dec 2020 |
2026 bear market2026 | -40.06%Jun 2026 | 4mo 15d | — | 4mo 28dJan 2026 - now |
Bear market2022 | -35.82%Sep 2022 | 1y 6mo | 2y 9mo | 4y 3moFeb 2021 - Jun 2025 |
2018 bear market2018 | -23.80%Aug 2018 | 5mo 26d | 1y 5mo | 1y 10moFeb 2018 - Jan 2020 |
2025 correction2025 | -15.39%Dec 2025 | 2d | 6d | 8dDec 2025 - Jan 2026 |
Drawdown Indicators
| PLTM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.32% | -56.78% | +14.46% |
Max Drawdown (1Y)Largest decline over 1 year | -40.06% | -9.10% | -30.96% |
Max Drawdown (3Y)Largest decline over 3 years | -40.06% | -18.90% | -21.16% |
Max Drawdown (5Y)Largest decline over 5 years | -40.06% | -25.43% | -14.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -39.72% | -1.80% | -37.92% |
Average DrawdownAverage peak-to-trough decline | -18.65% | -10.71% | -7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.19% | 2.03% | +16.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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