CLSK vs. PPLT
CLSK (CleanSpark, Inc.) is a stock, while PPLT (Aberdeen Standard Physical Platinum Shares ETF) is Precious Metals fund tracking the Platinum London PM Fix ($/ozt). Over the past 10 years, CLSK returned -6.12%/yr vs 5.17%/yr for PPLT. At a 0.16 correlation, their price movements are largely independent.
Performance
CLSK vs. PPLT - Performance Comparison
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Returns By Period
In the year-to-date period, CLSK achieves a 62.85% return, which is significantly higher than PPLT's -16.64% return. Over the past 10 years, CLSK has underperformed PPLT with an annualized return of -6.12%, while PPLT has yielded a comparatively higher 5.17% annualized return.
CLSK
- 1D
- 1.92%
- 1M
- 25.71%
- YTD
- 62.85%
- 6M
- 17.46%
- 1Y
- 77.20%
- 3Y*
- 61.95%
- 5Y*
- -2.03%
- 10Y*
- -6.12%
PPLT
- 1D
- -0.58%
- 1M
- -13.20%
- YTD
- -16.64%
- 6M
- -2.28%
- 1Y
- 38.74%
- 3Y*
- 19.71%
- 5Y*
- 7.65%
- 10Y*
- 5.17%
CLSK vs. PPLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLSK CleanSpark, Inc. | 62.85% | 9.88% | -16.50% | 440.69% | -78.57% | -67.23% | 442.99% | -73.90% | -15.98% | -30.29% |
PPLT Aberdeen Standard Physical Platinum Shares ETF | -16.64% | 124.48% | -8.90% | -8.18% | 10.43% | -10.75% | 10.78% | 20.85% | -14.95% | 2.38% |
Correlation
The correlation between CLSK and PPLT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2016 | 0.16 |
The correlation between CLSK and PPLT shifts across timeframes, from 0.16 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CLSK vs. PPLT — Risk / Return Rank
CLSK
PPLT
CLSK vs. PPLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CleanSpark, Inc. (CLSK) 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.
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.
| CLSK | PPLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.15 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 0.80 | +0.28 |
| Martin ratioReturn relative to average drawdown | 1.80 | 1.84 | -0.04 |
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Drawdowns
CLSK vs. PPLT - Drawdown Comparison
The maximum CLSK drawdown since its inception was -98.56%, which is greater than PPLT's maximum drawdown of -70.73%. Use the drawdown chart below to compare losses from any high point for CLSK and PPLT.
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Drawdown Indicators
| CLSK | PPLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.56% | -70.73% | -27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -64.74% | -40.02% | -24.72% |
Max Drawdown (3Y)Largest decline over 3 years | -71.28% | -40.02% | -31.26% |
Max Drawdown (5Y)Largest decline over 5 years | -92.00% | -40.02% | -51.98% |
Max Drawdown (10Y)Largest decline over 10 years | -98.56% | -51.14% | -47.42% |
Current DrawdownCurrent decline from peak | -77.42% | -38.39% | -39.03% |
Average DrawdownAverage peak-to-trough decline | -69.75% | -39.94% | -29.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.95% | 17.37% | +21.58% |
Volatility
CLSK vs. PPLT - Volatility Comparison
CleanSpark, Inc. (CLSK) has a higher volatility of 23.60% compared to Aberdeen Standard Physical Platinum Shares ETF (PPLT) at 11.07%. This indicates that CLSK's price experiences larger fluctuations and is considered to be riskier 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
| CLSK | PPLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.60% | 11.07% | +12.53% |
Volatility (6M)Calculated over the trailing 6-month period | 62.76% | 45.24% | +17.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.85% | 50.99% | +37.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 100.81% | 32.68% | +68.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 183.25% | 29.10% | +154.15% |
Dividends
CLSK vs. PPLT - Dividend Comparison
Neither CLSK nor PPLT has paid dividends to shareholders.
Frequently Asked Questions
CLSK and PPLT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLSK has higher volatility (23.60%) compared to PPLT (11.07%). In terms of maximum drawdown, CLSK dropped -98.56% vs PPLT's -70.73%.
CLSK currently has the higher Sharpe Ratio (0.79 vs 0.63), 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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