COIN vs. PPLT
COIN (Coinbase Global, 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 5 years, COIN returned -6.53%/yr vs 7.65%/yr for PPLT. At a 0.19 correlation, their price movements are largely independent.
Performance
COIN vs. PPLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COIN achieves a -29.34% return, which is significantly lower than PPLT's -16.64% return.
COIN
- 1D
- -0.41%
- 1M
- -18.24%
- YTD
- -29.34%
- 6M
- -40.26%
- 1Y
- -34.17%
- 3Y*
- 45.01%
- 5Y*
- -6.53%
- 10Y*
- —
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%
COIN vs. PPLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | -29.34% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
PPLT Aberdeen Standard Physical Platinum Shares ETF | -16.64% | 124.48% | -8.90% | -8.18% | 10.43% | -17.07% |
Correlation
The correlation between COIN and PPLT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COIN vs. PPLT — Risk / Return Rank
COIN
PPLT
COIN vs. PPLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) 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.
| COIN | PPLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.15 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.80 | -1.31 |
| Martin ratioReturn relative to average drawdown | -0.82 | 1.84 | -2.66 |
Loading charts...
Drawdowns
COIN vs. PPLT - Drawdown Comparison
The maximum COIN drawdown since its inception was -91.46%, which is greater than PPLT's maximum drawdown of -70.73%. Use the drawdown chart below to compare losses from any high point for COIN and PPLT.
Loading charts...
Drawdown Indicators
| COIN | PPLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.46% | -70.73% | -20.73% |
Max Drawdown (1Y)Largest decline over 1 year | -66.39% | -40.02% | -26.37% |
Max Drawdown (3Y)Largest decline over 3 years | -66.39% | -40.02% | -26.37% |
Max Drawdown (5Y)Largest decline over 5 years | -90.90% | -40.02% | -50.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.14% | — |
Current DrawdownCurrent decline from peak | -61.94% | -38.39% | -23.55% |
Average DrawdownAverage peak-to-trough decline | -52.60% | -39.94% | -12.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.01% | 17.37% | +23.64% |
Volatility
COIN vs. PPLT - Volatility Comparison
Coinbase Global, Inc. (COIN) has a higher volatility of 19.52% compared to Aberdeen Standard Physical Platinum Shares ETF (PPLT) at 11.07%. This indicates that COIN'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.
Loading charts...
Volatility by Period
| COIN | PPLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.52% | 11.07% | +8.45% |
Volatility (6M)Calculated over the trailing 6-month period | 51.84% | 45.24% | +6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.66% | 50.99% | +19.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.93% | 32.68% | +53.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.49% | 29.10% | +56.39% |
Dividends
COIN vs. PPLT - Dividend Comparison
Neither COIN nor PPLT has paid dividends to shareholders.
Frequently Asked Questions
COIN and PPLT have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (19.52%) compared to PPLT (11.07%). In terms of maximum drawdown, COIN dropped -91.46% vs PPLT's -70.73%.
PPLT currently has the higher Sharpe Ratio (0.63 vs -0.48), 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.
Find the right allocation for COIN and PPLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer