GGP.L vs. SPPP.L
GGP.L (Greatland Gold plc) is a stock, while SPPP.L (Invesco Physical Platinum) is Precious Metals fund tracking the Platinum. Over the past 10 years, GGP.L returned 59.55%/yr vs 3.71%/yr for SPPP.L. At a 0.12 correlation, their price movements are largely independent.
Performance
GGP.L vs. SPPP.L - Performance Comparison
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Returns By Period
In the year-to-date period, GGP.L achieves a 16.92% return, which is significantly higher than SPPP.L's -20.95% return. Over the past 10 years, GGP.L has outperformed SPPP.L with an annualized return of 59.55%, while SPPP.L has yielded a comparatively lower 3.71% annualized return.
GGP.L
- 1D
- -3.71%
- 1M
- -16.85%
- YTD
- 16.92%
- 6M
- 16.74%
- 1Y
- 84.70%
- 3Y*
- 61.76%
- 5Y*
- 11.99%
- 10Y*
- 59.55%
SPPP.L
- 1D
- -1.64%
- 1M
- -17.86%
- YTD
- -20.95%
- 6M
- -28.29%
- 1Y
- 20.98%
- 3Y*
- 17.64%
- 5Y*
- 8.18%
- 10Y*
- 3.71%
GGP.L vs. SPPP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGP.L Greatland Gold plc | 16.92% | 309.83% | -35.50% | 23.25% | -50.00% | -56.64% | 1,950.00% | -0.55% | -3.21% | 1,000.00% |
SPPP.L Invesco Physical Platinum | -20.95% | 104.81% | -8.43% | -10.70% | 24.01% | -10.35% | 7.05% | 17.67% | -9.95% | -6.88% |
Correlation
The correlation between GGP.L and SPPP.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2014 | 0.12 |
Over the past year, GGP.L and SPPP.L have become more correlated (0.48) than their long-term average of 0.12, meaning their price movements have been converging.
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Return for Risk
GGP.L vs. SPPP.L — Risk / Return Rank
GGP.L
SPPP.L
GGP.L vs. SPPP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greatland Gold plc (GGP.L) and Invesco Physical Platinum (SPPP.L). 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.
| GGP.L | SPPP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.12 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 0.48 | +2.14 |
| Martin ratioReturn relative to average drawdown | 6.65 | 1.09 | +5.56 |
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Drawdowns
GGP.L vs. SPPP.L - Drawdown Comparison
The maximum GGP.L drawdown since its inception was -98.49%, which is greater than SPPP.L's maximum drawdown of -44.86%. Use the drawdown chart below to compare losses from any high point for GGP.L and SPPP.L.
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Drawdown Indicators
| GGP.L | SPPP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.49% | -44.86% | -53.63% |
Max Drawdown (1Y)Largest decline over 1 year | -32.07% | -43.34% | +11.27% |
Max Drawdown (3Y)Largest decline over 3 years | -55.65% | -43.34% | -12.31% |
Max Drawdown (5Y)Largest decline over 5 years | -76.50% | -43.34% | -33.16% |
Max Drawdown (10Y)Largest decline over 10 years | -86.35% | -44.86% | -41.49% |
Current DrawdownCurrent decline from peak | -23.29% | -43.34% | +20.05% |
Average DrawdownAverage peak-to-trough decline | -65.59% | -19.62% | -45.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.70% | 19.23% | -6.53% |
Volatility
GGP.L vs. SPPP.L - Volatility Comparison
Greatland Gold plc (GGP.L) has a higher volatility of 20.24% compared to Invesco Physical Platinum (SPPP.L) at 10.41%. This indicates that GGP.L's price experiences larger fluctuations and is considered to be riskier than SPPP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGP.L | SPPP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.24% | 10.41% | +9.83% |
Volatility (6M)Calculated over the trailing 6-month period | 44.51% | 39.73% | +4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.07% | 46.36% | +17.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.16% | 30.57% | +34.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.86% | 27.77% | +63.09% |
Dividends
GGP.L vs. SPPP.L - Dividend Comparison
Neither GGP.L nor SPPP.L has paid dividends to shareholders.
Frequently Asked Questions
GGP.L and SPPP.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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