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PLTM vs. GLDM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PLTM and GLDM is 0.51, 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.


-0.50.00.51.00.5

Performance

PLTM vs. GLDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Platinum Trust (PLTM) and SPDR Gold MiniShares Trust (GLDM). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
3.62%
106.47%
PLTM
GLDM

Key characteristics

Sharpe Ratio

PLTM:

-0.16

GLDM:

1.96

Sortino Ratio

PLTM:

-0.07

GLDM:

2.58

Omega Ratio

PLTM:

0.99

GLDM:

1.34

Calmar Ratio

PLTM:

-0.12

GLDM:

3.60

Martin Ratio

PLTM:

-0.40

GLDM:

10.29

Ulcer Index

PLTM:

9.97%

GLDM:

2.83%

Daily Std Dev

PLTM:

24.14%

GLDM:

14.88%

Max Drawdown

PLTM:

-42.32%

GLDM:

-21.63%

Current Drawdown

PLTM:

-28.92%

GLDM:

-5.88%

Returns By Period

In the year-to-date period, PLTM achieves a -7.05% return, which is significantly lower than GLDM's 27.06% return.


PLTM

YTD

-7.05%

1M

-3.50%

6M

-6.95%

1Y

-4.53%

5Y*

-0.12%

10Y*

N/A

GLDM

YTD

27.06%

1M

-0.97%

6M

12.95%

1Y

28.19%

5Y*

12.04%

10Y*

N/A

Compare stocks, funds, or ETFs

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PLTM vs. GLDM - Expense Ratio Comparison

PLTM has a 0.50% expense ratio, which is higher than GLDM's 0.18% expense ratio.


PLTM
GraniteShares Platinum Trust
Expense ratio chart for PLTM: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for GLDM: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%

Risk-Adjusted Performance

PLTM vs. GLDM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and SPDR Gold MiniShares Trust (GLDM). 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.


Sharpe ratio
The chart of Sharpe ratio for PLTM, currently valued at -0.16, compared to the broader market0.002.004.00-0.161.96
The chart of Sortino ratio for PLTM, currently valued at -0.07, compared to the broader market-2.000.002.004.006.008.0010.00-0.072.58
The chart of Omega ratio for PLTM, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.34
The chart of Calmar ratio for PLTM, currently valued at -0.12, compared to the broader market0.005.0010.0015.00-0.123.60
The chart of Martin ratio for PLTM, currently valued at -0.40, compared to the broader market0.0020.0040.0060.0080.00100.00-0.4010.29
PLTM
GLDM

The current PLTM Sharpe Ratio is -0.16, which is lower than the GLDM Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of PLTM and GLDM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.16
1.96
PLTM
GLDM

Dividends

PLTM vs. GLDM - Dividend Comparison

Neither PLTM nor GLDM has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

PLTM vs. GLDM - Drawdown Comparison

The maximum PLTM drawdown since its inception was -42.32%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for PLTM and GLDM. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-28.92%
-5.88%
PLTM
GLDM

Volatility

PLTM vs. GLDM - Volatility Comparison

GraniteShares Platinum Trust (PLTM) and SPDR Gold MiniShares Trust (GLDM) have volatilities of 5.14% and 5.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.14%
5.16%
PLTM
GLDM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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