PL=F vs. AUD=X

Last updated Apr 3, 2026

Compare and contrast key facts about Platinum (PL=F) and USD/AUD (AUD=X).

Performance

PL=F vs. AUD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Platinum (PL=F) and USD/AUD (AUD=X). The values are adjusted to include any dividend payments, if applicable.

PL=F vs. AUD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PL=F Platinum	-1.72%	123.45%	-9.78%	-6.81%	12.08%	-10.47%	10.37%	22.13%	-14.68%	3.60%
AUD=X USD/AUD	0.08%	-0.01%	0.03%	0.01%	-0.08%	-0.04%	0.11%	0.09%	-0.05%	0.10%

Different Trading Currencies

PL=F is traded in USD, while AUD=X is traded in AUD. To make them comparable, the AUD=X values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PL=F achieves a -1.72% return, which is significantly lower than AUD=X's 0.08% return. Over the past 10 years, PL=F has outperformed AUD=X with an annualized return of 7.80%, while AUD=X has yielded a comparatively lower 0.01% annualized return.

PL=F

• 1D: 0.49%
• 1M: -3.63%
• YTD: -1.72%
• 6M: 27.86%
• 1Y: 100.91%
• 3Y*: 26.13%
• 5Y*: 10.59%
• 10Y*: 7.80%

AUD=X

• 1D: 0.06%
• 1M: 0.07%
• YTD: 0.08%
• 6M: 0.06%
• 1Y: -0.49%
• 3Y*: 0.02%
• 5Y*: 0.02%
• 10Y*: 0.01%

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

Return for Risk

PL=F vs. AUD=X — Risk / Return Rank

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

PL=F

PL=F Risk / Return Rank: 94
PL=F Sharpe Ratio Rank: 100
PL=F Sortino Ratio Rank: 89
PL=F Omega Ratio Rank: 100
PL=F Calmar Ratio Rank: 100
PL=F Martin Ratio Rank: 79

AUD=X

AUD=X Risk / Return Rank: 15
AUD=X Sharpe Ratio Rank: 14
AUD=X Sortino Ratio Rank: 11
AUD=X Omega Ratio Rank: 13
AUD=X Calmar Ratio Rank: 21
AUD=X Martin Ratio Rank: 15

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.

PL=F vs. AUD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and USD/AUD (AUD=X). 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.

	PL=F	AUD=X	Difference
Sharpe ratio Return per unit of total volatility	1.83	-0.26	+2.09
Sortino ratio Return per unit of downside risk	2.08	-0.35	+2.43
Omega ratio Gain probability vs. loss probability	1.32	0.95	+0.38
Calmar ratio Return relative to maximum drawdown	3.14	0.07	+3.07
Martin ratio Return relative to average drawdown	8.75	0.11	+8.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PL=F vs. AUD=X - Sharpe Ratio Comparison

The current PL=F Sharpe Ratio is 1.83, which is higher than the AUD=X Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of PL=F and AUD=X, 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

	PL=F	AUD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	-0.26	+2.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.02	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.01	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.00	+0.11

Correlation

The correlation between PL=F and AUD=X is 0.00, 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.

Drawdowns

PL=F vs. AUD=X - Drawdown Comparison

The maximum PL=F drawdown since its inception was -68.68%, which is greater than AUD=X's maximum drawdown of -3.07%. Use the drawdown chart below to compare losses from any high point for PL=F and AUD=X.

Drawdown Indicators

	PL=F	AUD=X	Difference
Max Drawdown Largest peak-to-trough decline	-68.68%	-45.40%	-23.28%
Max Drawdown (1Y) Largest decline over 1 year	-35.53%	-16.78%	-18.75%
Max Drawdown (5Y) Largest decline over 5 years	-36.35%	-16.78%	-19.57%
Max Drawdown (10Y) Largest decline over 10 years	-49.56%	-28.03%	-21.53%
Current Drawdown Current decline from peak	-29.90%	-16.98%	-12.92%
Average Drawdown Average peak-to-trough decline	-36.47%	-21.99%	-14.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.77%	4.71%	+8.06%

Volatility

PL=F vs. AUD=X - Volatility Comparison

Platinum (PL=F) has a higher volatility of 14.12% compared to USD/AUD (AUD=X) at 0.35%. This indicates that PL=F's price experiences larger fluctuations and is considered to be riskier than AUD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PL=F	AUD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	0.35%	+13.77%
Volatility (6M) Calculated over the trailing 6-month period	49.49%	0.69%	+48.80%
Volatility (1Y) Calculated over the trailing 1-year period	53.14%	1.61%	+51.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.23%	1.05%	+34.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.52%	1.35%	+30.17%