GLTR vs. PICK
Compare and contrast key facts about Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK).
GLTR and PICK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLTR is a passively managed fund by Abrdn Plc that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010. PICK is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. It was launched on Jan 31, 2012. Both GLTR and PICK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLTR or PICK.
Key characteristics
| GLTR | PICK | |
|---|---|---|
| YTD Return | 25.96% | -3.70% |
| 1Y Return | 33.44% | 12.36% |
| 3Y Return (Ann) | 7.68% | 4.77% |
| 5Y Return (Ann) | 9.69% | 12.41% |
| 10Y Return (Ann) | 6.66% | 6.50% |
| Sharpe Ratio | 1.79 | 0.54 |
| Sortino Ratio | 2.43 | 0.89 |
| Omega Ratio | 1.31 | 1.11 |
| Calmar Ratio | 1.22 | 0.54 |
| Martin Ratio | 9.69 | 1.33 |
| Ulcer Index | 3.43% | 9.06% |
| Daily Std Dev | 18.61% | 22.38% |
| Max Drawdown | -55.70% | -68.88% |
| Current Drawdown | -5.84% | -12.44% |
Correlation
The correlation between GLTR and PICK is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GLTR vs. PICK - Performance Comparison
In the year-to-date period, GLTR achieves a 25.96% return, which is significantly higher than PICK's -3.70% return. Both investments have delivered pretty close results over the past 10 years, with GLTR having a 6.66% annualized return and PICK not far behind at 6.50%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GLTR vs. PICK - Expense Ratio Comparison
GLTR has a 0.60% expense ratio, which is higher than PICK's 0.39% expense ratio.
Risk-Adjusted Performance
GLTR vs. PICK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and iShares MSCI Global Select Metals & Mining Producers ETF (PICK). 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.
Dividends
GLTR vs. PICK - Dividend Comparison
GLTR has not paid dividends to shareholders, while PICK's dividend yield for the trailing twelve months is around 3.72%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PICK iShares MSCI Global Select Metals & Mining Producers ETF | 3.72% | 4.19% | 6.93% | 5.89% | 2.27% | 5.51% | 4.77% | 2.41% | 1.15% | 15.77% | 2.88% | 3.39% |
Drawdowns
GLTR vs. PICK - Drawdown Comparison
The maximum GLTR drawdown since its inception was -55.70%, smaller than the maximum PICK drawdown of -68.88%. Use the drawdown chart below to compare losses from any high point for GLTR and PICK. For additional features, visit the drawdowns tool.
Volatility
GLTR vs. PICK - Volatility Comparison
The current volatility for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) is 6.37%, while iShares MSCI Global Select Metals & Mining Producers ETF (PICK) has a volatility of 6.90%. This indicates that GLTR experiences smaller price fluctuations and is considered to be less risky than PICK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.