BAR vs. PPLT
BAR (GraniteShares Gold Trust) and PPLT (Aberdeen Standard Physical Platinum Shares ETF) are both exchange-traded funds - BAR is a Gold fund tracking the LBMA Gold Price PM ($/ozt), while PPLT is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt). Both are passively managed. Over the past 5 years, BAR returned 18.41%/yr vs 9.07%/yr for PPLT. A 0.55 correlation means they provide meaningful diversification when combined. BAR charges 0.17%/yr vs 0.60%/yr for PPLT.
Performance
BAR vs. PPLT - Performance Comparison
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Returns By Period
In the year-to-date period, BAR achieves a 2.94% return, which is significantly higher than PPLT's -9.46% return.
BAR
- 1D
- -1.02%
- 1M
- -1.62%
- YTD
- 2.94%
- 6M
- 5.50%
- 1Y
- 32.26%
- 3Y*
- 31.38%
- 5Y*
- 18.41%
- 10Y*
- —
PPLT
- 1D
- -3.71%
- 1M
- -4.22%
- YTD
- -9.46%
- 6M
- 11.32%
- 1Y
- 71.46%
- 3Y*
- 22.13%
- 5Y*
- 9.07%
- 10Y*
- 5.97%
BAR vs. PPLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAR GraniteShares Gold Trust | 2.94% | 64.12% | 26.97% | 12.96% | -0.55% | -3.92% | 25.02% | 18.16% | -1.87% | -1.15% |
PPLT Aberdeen Standard Physical Platinum Shares ETF | -9.46% | 124.48% | -8.90% | -8.18% | 10.43% | -10.75% | 10.78% | 20.85% | -14.95% | -7.23% |
Correlation
The correlation between BAR and PPLT is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2017 | 0.55 |
The correlation between BAR and PPLT has been stable across timeframes, ranging from 0.55 to 0.61 - a consistent structural relationship.
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Return for Risk
BAR vs. PPLT — Risk / Return Rank
BAR
PPLT
BAR vs. PPLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Gold Trust (BAR) and Aberdeen Standard Physical Platinum Shares ETF (PPLT). 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 | PPLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.26 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.09 | -0.40 |
| Martin ratioReturn relative to average drawdown | 4.19 | 4.41 | -0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BAR | PPLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.42 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 0.28 | +0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.01 | +0.89 |
Drawdowns
BAR vs. PPLT - Drawdown Comparison
The maximum BAR drawdown since its inception was -21.53%, smaller than the maximum PPLT drawdown of -70.73%. Use the drawdown chart below to compare losses from any high point for BAR and PPLT.
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Drawdown Indicators
| BAR | PPLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.53% | -70.73% | +49.20% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -34.41% | +15.22% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -34.41% | +15.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.91% | -34.41% | +13.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.14% | — |
Current DrawdownCurrent decline from peak | -17.72% | -33.08% | +15.36% |
Average DrawdownAverage peak-to-trough decline | -6.45% | -39.95% | +33.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 16.24% | -8.52% |
Volatility
BAR vs. PPLT - Volatility Comparison
The current volatility for GraniteShares Gold Trust (BAR) is 5.46%, while Aberdeen Standard Physical Platinum Shares ETF (PPLT) has a volatility of 11.22%. This indicates that BAR experiences smaller price fluctuations and is considered to be less risky than PPLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAR | PPLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 11.22% | -5.76% |
Volatility (6M)Calculated over the trailing 6-month period | 23.03% | 44.68% | -21.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.43% | 50.72% | -24.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.90% | 32.49% | -14.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.38% | 29.00% | -12.62% |
BAR vs. PPLT - Expense Ratio Comparison
BAR has a 0.17% expense ratio, which is lower than PPLT's 0.60% expense ratio.
Dividends
BAR vs. PPLT - Dividend Comparison
Neither BAR nor PPLT has paid dividends to shareholders.
Frequently Asked Questions
BAR and PPLT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PPLT has higher volatility (11.22%) compared to BAR (5.46%). In terms of maximum drawdown, BAR dropped -21.53% vs PPLT's -70.73%.
On 5-year performance, BAR leads with 18.41% vs 9.07% for PPLT. On fees, BAR is cheaper at 0.17% per year. On volatility, BAR has been the lower-risk option at 5.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BAR has performed better with a 18.41% return vs 9.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BAR is cheaper with a 0.17% expense ratio, compared with 0.60% for PPLT.
BAR and PPLT have nearly identical dividend yields, around 0.00%.
BAR is categorized as Gold, while PPLT is Precious Metals. BAR tracks LBMA Gold Price PM ($/ozt), while PPLT tracks Platinum London PM Fix ($/ozt). They also come from different issuers: GraniteShares and Aberdeen. Their fees differ too: 0.17% for BAR and 0.60% for PPLT.
PPLT currently has the higher Sharpe Ratio (1.42 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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