BAR vs. PLTM

Last updated Apr 1, 2026

Compare and contrast key facts about GraniteShares Gold Trust (BAR) and GraniteShares Platinum Trust (PLTM).

BAR and PLTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BAR is a passively managed fund by GraniteShares that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Aug 31, 2017. PLTM is a passively managed fund by GraniteShares that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 22, 2018. Both BAR and PLTM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BAR vs. PLTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Gold Trust (BAR) and GraniteShares Platinum Trust (PLTM). The values are adjusted to include any dividend payments, if applicable.

BAR vs. PLTM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BAR GraniteShares Gold Trust	8.57%	64.12%	26.97%	12.96%	-0.55%	-3.92%	25.02%	18.16%	-4.39%
PLTM GraniteShares Platinum Trust	-4.16%	124.46%	-8.91%	-8.10%	10.83%	-10.52%	10.87%	20.76%	-20.48%

Returns By Period

In the year-to-date period, BAR achieves a 8.57% return, which is significantly higher than PLTM's -4.16% return.

BAR

• 1D: 3.76%
• 1M: -11.05%
• YTD: 8.57%
• 6M: 21.20%
• 1Y: 49.58%
• 3Y*: 33.22%
• 5Y*: 21.84%
• 10Y*: —

PLTM

• 1D: 3.79%
• 1M: -16.88%
• YTD: -4.16%
• 6M: 25.15%
• 1Y: 95.35%
• 3Y*: 24.98%
• 5Y*: 9.65%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAR vs. PLTM - Expense Ratio Comparison

BAR has a 0.17% expense ratio, which is lower than PLTM's 0.50% expense ratio.

PLTM

GraniteShares Platinum Trust

BAR

GraniteShares Gold Trust

Return for Risk

BAR vs. PLTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAR

BAR Risk / Return Rank: 87
BAR Sharpe Ratio Rank: 88
BAR Sortino Ratio Rank: 86
BAR Omega Ratio Rank: 86
BAR Calmar Ratio Rank: 88
BAR Martin Ratio Rank: 87

PLTM

PLTM Risk / Return Rank: 86
PLTM Sharpe Ratio Rank: 90
PLTM Sortino Ratio Rank: 85
PLTM Omega Ratio Rank: 86
PLTM Calmar Ratio Rank: 89
PLTM Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAR vs. PLTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Trust (BAR) and GraniteShares Platinum Trust (PLTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BAR	PLTM	Difference
Sharpe ratio Return per unit of total volatility	1.80	1.92	-0.12
Sortino ratio Return per unit of downside risk	2.24	2.18	+0.05
Omega ratio Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio Return relative to maximum drawdown	2.70	2.85	-0.15
Martin ratio Return relative to average drawdown	9.99	8.61	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAR vs. PLTM - Sharpe Ratio Comparison

The current BAR Sharpe Ratio is 1.80, which is comparable to the PLTM Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of BAR and PLTM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BAR	PLTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	1.92	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.24	0.30	+0.95
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	0.27	+0.70

Correlation

The correlation between BAR and PLTM is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BAR vs. PLTM - Dividend Comparison

Neither BAR nor PLTM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BAR vs. PLTM - Drawdown Comparison

The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum PLTM drawdown of -42.32%. Use the drawdown chart below to compare losses from any high point for BAR and PLTM.

Drawdown Indicators

	BAR	PLTM	Difference
Max Drawdown Largest peak-to-trough decline	-21.53%	-42.32%	+20.79%
Max Drawdown (1Y) Largest decline over 1 year	-19.19%	-34.52%	+15.33%
Max Drawdown (5Y) Largest decline over 5 years	-20.91%	-34.68%	+13.77%
Current Drawdown Current decline from peak	-13.22%	-29.20%	+15.98%
Average Drawdown Average peak-to-trough decline	-6.29%	-18.35%	+12.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.19%	11.43%	-6.24%

Volatility

BAR vs. PLTM - Volatility Comparison

The current volatility for GraniteShares Gold Trust (BAR) is 11.01%, while GraniteShares Platinum Trust (PLTM) has a volatility of 16.47%. This indicates that BAR experiences smaller price fluctuations and is considered to be less risky than PLTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAR	PLTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.01%	16.47%	-5.46%
Volatility (6M) Calculated over the trailing 6-month period	24.13%	45.52%	-21.39%
Volatility (1Y) Calculated over the trailing 1-year period	27.63%	49.91%	-22.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.65%	32.39%	-14.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	30.82%	-14.52%