PLTM vs. IAUM
PLTM (GraniteShares Platinum Trust) and IAUM (iShares Gold Trust Micro) are both exchange-traded funds - PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while IAUM is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 5 years, PLTM returned 8.97%/yr vs 17.35%/yr for IAUM. Their 0.56 correlation means they have sometimes moved together and sometimes differently. PLTM charges 0.50%/yr vs 0.09%/yr for IAUM.
Performance
PLTM vs. IAUM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTM achieves a -19.56% return, which is significantly lower than IAUM's -6.09% return.
PLTM
- 1D
- -0.13%
- 1M
- 2.06%
- 6M
- -22.81%
- YTD
- -19.56%
- 1Y
- 24.86%
- 3Y*
- 20.37%
- 5Y*
- 8.97%
- 10Y*
- —
- ALL TIME*
- 5.60%
IAUM
- 1D
- -1.46%
- 1M
- -1.68%
- 6M
- -16.73%
- YTD
- -6.09%
- 1Y
- 20.58%
- 3Y*
- 27.63%
- 5Y*
- 17.35%
- 10Y*
- —
- ALL TIME*
- 17.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $77.48M | $77.88M | $93.44M | |
| $1.27M | $1.47M | $3.03M |
PLTM vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PLTM GraniteShares Platinum Trust | -19.56% | 124.46% | -8.91% | -8.10% | 10.83% | -11.87% |
IAUM iShares Gold Trust Micro | -6.09% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between PLTM and IAUM is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.56 |
The correlation between PLTM and IAUM shifts across timeframes, from 0.56 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLTM vs. IAUM — Risk / Return Rank
PLTM
IAUM
PLTM vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and iShares Gold Trust Micro (IAUM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLTM | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.88 | -0.26 |
| Martin ratioReturn relative to average drawdown | 1.20 | 1.90 | -0.70 |
Loading charts...
Drawdowns
PLTM vs. IAUM - Drawdown Comparison
The maximum PLTM drawdown since its inception was -44.07%, which is greater than IAUM's maximum drawdown of -26.31%. Use the drawdown chart below to compare losses from any high point for PLTM and IAUM.
Loading charts...
Drawdown Indicators
| PLTM | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.07% | -26.31% | -17.76% |
Max Drawdown (1Y)Largest decline over 1 year | -44.07% | -26.31% | -17.76% |
Max Drawdown (3Y)Largest decline over 3 years | -44.07% | -26.31% | -17.76% |
Max Drawdown (5Y)Largest decline over 5 years | -44.07% | -26.31% | -17.76% |
Current DrawdownCurrent decline from peak | -40.58% | -24.95% | -15.63% |
Average DrawdownAverage peak-to-trough decline | -18.95% | -5.87% | -13.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 12.14% | +10.61% |
Volatility
PLTM vs. IAUM - Volatility Comparison
GraniteShares Platinum Trust (PLTM) has a higher volatility of 9.19% compared to iShares Gold Trust Micro (IAUM) at 6.29%. This indicates that PLTM's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTM | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.19% | 6.29% | +2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 38.75% | 23.21% | +15.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.54% | 27.81% | +22.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.15% | 18.33% | +14.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 18.19% | +12.95% |
PLTM vs. IAUM - Expense Ratio Comparison
PLTM has a 0.50% expense ratio, which is higher than IAUM's 0.09% expense ratio.
Dividends
PLTM vs. IAUM - Dividend Comparison
Neither PLTM nor IAUM has paid dividends to shareholders.
Frequently Asked Questions
PLTM and IAUM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTM has higher volatility (9.19%) compared to IAUM (6.29%). In terms of maximum drawdown, PLTM dropped -44.07% vs IAUM's -26.31%.
On 5-year performance, IAUM leads with 17.35% vs 8.97% for PLTM. On fees, IAUM is cheaper at 0.09% per year. On volatility, IAUM has been the lower-risk option at 6.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IAUM has performed better with a 17.35% return vs 8.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAUM is cheaper with a 0.09% expense ratio, compared with 0.50% for PLTM.
PLTM and IAUM have nearly identical dividend yields, around 0.00%.
PLTM is categorized as Precious Metals, while IAUM is Gold. PLTM tracks Platinum London PM Fix ($/ozt), while IAUM tracks LBMA Gold Price PM. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 0.50% for PLTM and 0.09% for IAUM.
IAUM currently has the higher Sharpe Ratio (0.83 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PLTM and IAUM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer