GraniteShares Platinum Trust (PLTM) belongs to the Precious Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PLTM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLTM
PLTM charges 0.50% annually. There are 17 ETFs in the Precious Metals category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Gold Trust Micro | 0.09% | 6.34B | Jun 2021 | PLTM vs IAUM | |
| SPDR Gold MiniShares Trust | 0.10% | 27.37B | Jun 2018 | PLTM vs GLDM | |
| Franklin Responsibly Sourced Gold ETF | 0.15% | 415.34M | Jun 2022 | PLTM vs FGDL | |
| GraniteShares Gold Trust | 0.17% | 1.34B | Aug 2017 | PLTM vs BAR | |
| abrdn Physical Gold Shares ETF | 0.17% | 6.73B | Sep 2009 | PLTM vs SGOL |
Best Risk-Adjusted Alternatives to PLTM
PLTM has a PortfoliosLab risk / return rank of 24. There are 38 ETFs in the Precious Metals category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | 55 | 10.47M | May 2024 | PLTM vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 50 | 775.29M | Jan 2012 | PLTM vs SLVP | |
| Sprott Junior Gold Miners ETF | 48 | 272.75M | Mar 2015 | PLTM vs SGDJ | |
| Amplify Junior Silver Miners ETF | 45 | 3.28B | Nov 2012 | PLTM vs SILJ | |
| Sprott Active Gold & Silver Miners ETF | 45 | 141.51M | Feb 2025 | PLTM vs GBUG |
Top Performing PLTM Alternatives (YTD)
PLTM is at -19.56% YTD. There are 40 ETFs in the Precious Metals category with higher YTD returns, going as high as 1.46%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| DB Gold Short Exchange Traded Notes | 1.46% | 1.84M | Feb 2008 | PLTM vs DGZ | |
| ProShares UltraShort Gold | 1.34% | 124.20M | Dec 2008 | PLTM vs GLL | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -0.84% | 433.45M | Mar 2022 | PLTM vs GDE | |
| FT Vest Gold Strategy Quarterly Buffer ETF | -4.01% | 50.90M | Jan 2021 | PLTM vs BGLD | |
| UBS ETRACS Silver Shares Covered Call ETN | -4.64% | 391.81M | Apr 2013 | PLTM vs SLVO |
Lowest Volatility Alternatives to PLTM
PLTM has 50.54% 1-year volatility. There are 29 ETFs in the Precious Metals category with lower 1-year volatility, going as low as 12.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | 12.52% | 50.90M | Jan 2021 | PLTM vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 16.78% | 166.76M | Jan 2013 | PLTM vs GLDI | |
| NEOS Gold High Income ETF | 22.14% | 494.75M | Jun 2025 | PLTM vs IAUI | |
| FT Vest Gold Strategy Target Income ETF | 25.10% | 514.13M | Mar 2021 | PLTM vs IGLD | |
| Defiance Gold Enhanced Options Income ETF | 25.21% | 22.65M | Apr 2025 | PLTM vs GOLI |
Lowest Drawdown Alternatives to PLTM
PLTM has a 1-year max drawdown of -44.07%. There are 38 ETFs in the Precious Metals category with shallower 1-year drawdowns, going as shallow as -12.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | -12.43% | 50.90M | Jan 2021 | PLTM vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -15.81% | 166.76M | Jan 2013 | PLTM vs GLDI | |
| UBS ETRACS Silver Shares Covered Call ETN | -22.21% | 391.81M | Apr 2013 | PLTM vs SLVO | |
| NEOS Gold High Income ETF | -22.50% | 494.75M | Jun 2025 | PLTM vs IAUI | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -22.66% | 433.45M | Mar 2022 | PLTM vs GDE |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include NVDL, TSYY, AMDL and span 6 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 13 | 0.28% | 3.09B | Dec 2022 | PLTM vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -23.02% | 61.77M | Dec 2024 | PLTM vs TSYY | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 86 | 232.67% | 974.29M | Mar 2024 | PLTM vs AMDL | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 4 | -62.18% | 271.29M | Sep 2024 | PLTM vs PTIR | |
| GraniteShares 2x Long MU Daily ETF | Leveraged Equities | 98 | 359.36% | 531.06M | Nov 2024 | PLTM vs MULL | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 6 | 47.87% | 33.39M | Aug 2023 | PLTM vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 4 | -30.21% | 58.14M | Aug 2023 | PLTM vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 2 | -39.43% | 148.67M | Dec 2022 | PLTM vs FBL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 8 | -60.77% | 64.48M | Aug 2023 | PLTM vs TSLR | |
| GraniteShares 2x Long MSFT Daily ETF | Leveraged Equities | 5 | -18.68% | 117.06M | Mar 2024 | PLTM vs MSFL |
Often Compared With PLTM
Investors most often compare PLTM with PPLT, SPPP, PALL. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PLTM with Any Fund or Stock
Compare PLTM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLTM with funds that move differently
GraniteShares Platinum Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLTM.
Explore PLTM Diversifiers