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Sprott Physical Platinum and Palladium Trust (SPPP) Sortino Ratio: 1.59

SPPP's Sortino Ratio of 1.59 indicates that for each unit of downside volatility, it generates 1.59 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

SPPP Sortino Ratio Rank


SPPP Sortino Ratio Rank: 60.060
Above Average

SPPP ranks above 60.0% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Above-average downside protection with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio risk profile

SPPP Sortino Ratio Market Positioning

The chart shows SPPP's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 0.80 or lower
  • Yellow zone (middle 50%): 0.80 to 2.03
  • Green zone (top 25%): 2.03 or higher
  • Top 1%: 9.60+
  • Median: 1.44 — half of all investments score higher

How it compares to other similar ETFs

The table compares Sprott Physical Platinum and Palladium Trust's Sortino Ratio with other ETFs in the Precious Metals, Commodities category across multiple time periods, showing how SPPP's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
BWETBreakwave Tanker Shipping ETF6.21
ISCMFiShares Diversified Commodity Swap UCITS ETF3.44
PITVanEck Commodity Strategy ETF3.12
ZSCUSCF Sustainable Commodity Strategy Fund3.03
AGMIThemes Silver Miners ETF2.99
SILJETFMG Prime Junior Silver Miners ETF2.97
SLVPiShares MSCI Global Silver Miners ETF2.89
SILGlobal X Silver Miners ETF2.86
HGERHarbor Commodity All-Weather Strategy ETF2.78
SLVRSprott Silver Miners & Physical Silver ETF2.78
SPPPSprott Physical Platinum and Palladium Trust1.59

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows SPPP's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SPPP consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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Explore SPPP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.