GLTR vs. VGPMX

Last updated Apr 1, 2026

Compare and contrast key facts about Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Vanguard Global Capital Cycles Fund (VGPMX).

GLTR is a passively managed fund by Aberdeen that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010. VGPMX is managed by Vanguard. It was launched on May 23, 1984.

Performance

GLTR vs. VGPMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Vanguard Global Capital Cycles Fund (VGPMX). The values are adjusted to include any dividend payments, if applicable.

GLTR vs. VGPMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	6.38%	87.25%	20.63%	2.01%	-0.25%	-9.60%	29.52%	20.96%	-2.85%	12.94%
VGPMX Vanguard Global Capital Cycles Fund	4.53%	65.96%	5.78%	10.06%	7.34%	19.50%	17.21%	20.67%	-32.26%	13.75%

Returns By Period

In the year-to-date period, GLTR achieves a 6.38% return, which is significantly higher than VGPMX's 4.53% return. Over the past 10 years, GLTR has outperformed VGPMX with an annualized return of 14.10%, while VGPMX has yielded a comparatively lower 12.39% annualized return.

GLTR

• 1D: 4.98%
• 1M: -14.74%
• YTD: 6.38%
• 6M: 32.20%
• 1Y: 68.93%
• 3Y*: 33.85%
• 5Y*: 18.37%
• 10Y*: 14.10%

VGPMX

• 1D: -0.02%
• 1M: -10.69%
• YTD: 4.53%
• 6M: 17.55%
• 1Y: 57.21%
• 3Y*: 24.25%
• 5Y*: 19.13%
• 10Y*: 12.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLTR vs. VGPMX - Expense Ratio Comparison

GLTR has a 0.60% expense ratio, which is higher than VGPMX's 0.36% expense ratio.

GLTR

Aberdeen Standard Physical Precious Metals Basket Shares ETF

VGPMX

Vanguard Global Capital Cycles Fund

Return for Risk

GLTR vs. VGPMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLTR

GLTR Risk / Return Rank: 85
GLTR Sharpe Ratio Rank: 89
GLTR Sortino Ratio Rank: 83
GLTR Omega Ratio Rank: 89
GLTR Calmar Ratio Rank: 85
GLTR Martin Ratio Rank: 80

VGPMX

VGPMX Risk / Return Rank: 97
VGPMX Sharpe Ratio Rank: 98
VGPMX Sortino Ratio Rank: 96
VGPMX Omega Ratio Rank: 96
VGPMX Calmar Ratio Rank: 97
VGPMX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLTR vs. VGPMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Vanguard Global Capital Cycles Fund (VGPMX). 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.

	GLTR	VGPMX	Difference
Sharpe ratio Return per unit of total volatility	1.87	2.94	-1.07
Sortino ratio Return per unit of downside risk	2.11	3.51	-1.40
Omega ratio Gain probability vs. loss probability	1.36	1.56	-0.20
Calmar ratio Return relative to maximum drawdown	2.38	4.24	-1.86
Martin ratio Return relative to average drawdown	8.28	17.59	-9.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLTR vs. VGPMX - Sharpe Ratio Comparison

The current GLTR Sharpe Ratio is 1.87, which is lower than the VGPMX Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of GLTR and VGPMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLTR	VGPMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	2.94	-1.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	1.12	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.57	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.25	+0.09

Correlation

The correlation between GLTR and VGPMX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GLTR vs. VGPMX - Dividend Comparison

GLTR has not paid dividends to shareholders, while VGPMX's dividend yield for the trailing twelve months is around 3.73%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VGPMX Vanguard Global Capital Cycles Fund	3.73%	2.59%	2.68%	3.22%	3.27%	3.26%	2.03%	2.39%	3.02%	0.02%	1.72%	2.32%

Drawdowns

GLTR vs. VGPMX - Drawdown Comparison

The maximum GLTR drawdown since its inception was -55.70%, smaller than the maximum VGPMX drawdown of -78.85%. Use the drawdown chart below to compare losses from any high point for GLTR and VGPMX.

Drawdown Indicators

	GLTR	VGPMX	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-78.85%	+23.15%
Max Drawdown (1Y) Largest decline over 1 year	-29.70%	-12.80%	-16.90%
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	-22.71%	-6.99%
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	-54.59%	+24.89%
Current Drawdown Current decline from peak	-23.32%	-10.73%	-12.59%
Average Drawdown Average peak-to-trough decline	-28.89%	-34.69%	+5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.54%	3.09%	+5.45%

Volatility

GLTR vs. VGPMX - Volatility Comparison

Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) has a higher volatility of 13.48% compared to Vanguard Global Capital Cycles Fund (VGPMX) at 7.56%. This indicates that GLTR's price experiences larger fluctuations and is considered to be riskier than VGPMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLTR	VGPMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.48%	7.56%	+5.92%
Volatility (6M) Calculated over the trailing 6-month period	35.75%	13.14%	+22.61%
Volatility (1Y) Calculated over the trailing 1-year period	37.11%	19.28%	+17.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.16%	17.15%	+6.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.28%	21.65%	-1.37%