PALL vs. PTM.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Aberdeen Standard Physical Palladium Shares ETF (PALL) and Platinum Group Metals Ltd. (PTM.TO).

PALL is a passively managed fund by Aberdeen that tracks the performance of the Palladium London PM Fix ($/ozt). It was launched on Jan 6, 2010.

Performance

PALL vs. PTM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Palladium Shares ETF (PALL) and Platinum Group Metals Ltd. (PTM.TO). The values are adjusted to include any dividend payments, if applicable.

PALL vs. PTM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PALL Aberdeen Standard Physical Palladium Shares ETF	-7.34%	74.07%	-17.38%	-38.77%	-6.28%	-23.26%	25.27%	53.94%	17.23%	55.73%
PTM.TO Platinum Group Metals Ltd.	-24.06%	87.13%	11.75%	-35.27%	11.13%	-65.85%	172.16%	12.68%	-50.24%	-79.06%

Different Trading Currencies

PALL is traded in USD, while PTM.TO is traded in CAD. To make them comparable, the PTM.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PALL achieves a -7.34% return, which is significantly higher than PTM.TO's -24.06% return. Over the past 10 years, PALL has outperformed PTM.TO with an annualized return of 9.50%, while PTM.TO has yielded a comparatively lower -26.38% annualized return.

PALL

• 1D: 5.15%
• 1M: -17.05%
• YTD: -7.34%
• 6M: 17.99%
• 1Y: 48.77%
• 3Y*: -0.08%
• 5Y*: -11.63%
• 10Y*: 9.50%

PTM.TO

• 1D: 8.81%
• 1M: -35.09%
• YTD: -24.06%
• 6M: -31.23%
• 1Y: 46.96%
• 3Y*: 7.99%
• 5Y*: -14.82%
• 10Y*: -26.38%

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

Return for Risk

PALL vs. PTM.TO — Risk / Return Rank

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

PALL

PALL Risk / Return Rank: 58
PALL Sharpe Ratio Rank: 59
PALL Sortino Ratio Rank: 60
PALL Omega Ratio Rank: 60
PALL Calmar Ratio Rank: 62
PALL Martin Ratio Rank: 50

PTM.TO

PTM.TO Risk / Return Rank: 60
PTM.TO Sharpe Ratio Rank: 60
PTM.TO Sortino Ratio Rank: 62
PTM.TO Omega Ratio Rank: 59
PTM.TO Calmar Ratio Rank: 60
PTM.TO Martin Ratio Rank: 61

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.

PALL vs. PTM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Palladium Shares ETF (PALL) and Platinum Group Metals Ltd. (PTM.TO). 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.

	PALL	PTM.TO	Difference
Sharpe ratio Return per unit of total volatility	1.01	0.56	+0.45
Sortino ratio Return per unit of downside risk	1.48	1.32	+0.16
Omega ratio Gain probability vs. loss probability	1.21	1.16	+0.05
Calmar ratio Return relative to maximum drawdown	1.51	0.92	+0.59
Martin ratio Return relative to average drawdown	4.55	2.29	+2.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PALL vs. PTM.TO - Sharpe Ratio Comparison

The current PALL Sharpe Ratio is 1.01, which is higher than the PTM.TO Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of PALL and PTM.TO, 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

	PALL	PTM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.56	+0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	-0.20	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	-0.32	+0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.29	+0.49

Correlation

The correlation between PALL and PTM.TO is 0.32, 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.

Dividends

PALL vs. PTM.TO - Dividend Comparison

Neither PALL nor PTM.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PALL vs. PTM.TO - Drawdown Comparison

The maximum PALL drawdown since its inception was -73.63%, smaller than the maximum PTM.TO drawdown of -99.67%. Use the drawdown chart below to compare losses from any high point for PALL and PTM.TO.

Drawdown Indicators

	PALL	PTM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-73.63%	-99.74%	+26.11%
Max Drawdown (1Y) Largest decline over 1 year	-34.17%	-53.57%	+19.40%
Max Drawdown (5Y) Largest decline over 5 years	-73.63%	-79.84%	+6.21%
Max Drawdown (10Y) Largest decline over 10 years	-73.63%	-97.60%	+23.97%
Current Drawdown Current decline from peak	-54.34%	-99.46%	+45.12%
Average Drawdown Average peak-to-trough decline	-26.51%	-67.31%	+40.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.31%	21.76%	-10.45%

Volatility

PALL vs. PTM.TO - Volatility Comparison

The current volatility for Aberdeen Standard Physical Palladium Shares ETF (PALL) is 15.73%, while Platinum Group Metals Ltd. (PTM.TO) has a volatility of 24.71%. This indicates that PALL experiences smaller price fluctuations and is considered to be less risky than PTM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PALL	PTM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.73%	24.71%	-8.98%
Volatility (6M) Calculated over the trailing 6-month period	43.92%	65.57%	-21.65%
Volatility (1Y) Calculated over the trailing 1-year period	48.74%	84.53%	-35.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.07%	73.39%	-31.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.71%	81.74%	-44.03%