PLTM vs. LHX

Last updated Jun 24, 2026

PLTM (GraniteShares Platinum Trust) is Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while LHX (L3Harris Technologies, Inc.) is a stock. Over the past 5 years, PLTM returned 7.99%/yr vs 8.11%/yr for LHX. At a 0.13 correlation, their price movements are largely independent.

Performance

PLTM vs. LHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Platinum Trust (PLTM) and L3Harris Technologies, Inc. (LHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTM achieves a -19.61% return, which is significantly lower than LHX's 0.82% return.

PLTM

• 1D: -1.49%
• 1M: -14.13%
• YTD: -19.61%
• 6M: -27.97%
• 1Y: 27.29%
• 3Y*: 21.01%
• 5Y*: 7.99%
• 10Y*: —

LHX

• 1D: 2.78%
• 1M: -5.46%
• YTD: 0.82%
• 6M: -0.62%
• 1Y: 18.89%
• 3Y*: 17.55%
• 5Y*: 8.11%
• 10Y*: 15.91%

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

PLTM vs. LHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PLTM GraniteShares Platinum Trust	-19.61%	124.46%	-8.91%	-8.10%	10.83%	-10.52%	10.87%	20.76%	-20.92%
LHX L3Harris Technologies, Inc.	0.82%	42.28%	1.88%	3.67%	-0.48%	14.98%	-2.76%	49.21%	-12.21%

Correlation

The correlation between PLTM and LHX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018	0.13

The correlation between PLTM and LHX shifts across timeframes, from 0.13 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PLTM vs. LHX — Risk / Return Rank

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

PLTM

PLTM Risk / Return Rank: 18
PLTM Sharpe Ratio Rank: 17
PLTM Sortino Ratio Rank: 19
PLTM Omega Ratio Rank: 20
PLTM Calmar Ratio Rank: 17
PLTM Martin Ratio Rank: 16

LHX

LHX Risk / Return Rank: 61
LHX Sharpe Ratio Rank: 66
LHX Sortino Ratio Rank: 60
LHX Omega Ratio Rank: 58
LHX Calmar Ratio Rank: 60
LHX Martin Ratio Rank: 63

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.

PLTM vs. LHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and L3Harris Technologies, Inc. (LHX). 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	LHX	Difference
Sharpe ratio: Return per unit of total volatility	0.53	0.75	-0.21
Sortino ratio: Return per unit of downside risk	0.99	1.18	-0.20
Omega ratio: Gain probability vs. loss probability	1.14	1.14	0.00
Calmar ratio: Return relative to maximum drawdown	0.67	0.79	-0.12
Martin ratio: Return relative to average drawdown	1.49	2.24	-0.75

PLTM vs. LHX - Sharpe Ratio Comparison

The current PLTM Sharpe Ratio is 0.53, which is comparable to the LHX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of PLTM and LHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLTM vs. LHX - Drawdown Comparison

The maximum PLTM drawdown since its inception was -42.32%, smaller than the maximum LHX drawdown of -69.82%. Use the drawdown chart below to compare losses from any high point for PLTM and LHX.

Drawdown Indicators

	PLTM	LHX	Difference
Max Drawdown Largest peak-to-trough decline	-42.32%	-69.82%	+27.50%
Max Drawdown (1Y) Largest decline over 1 year	-40.62%	-23.91%	-16.71%
Max Drawdown (3Y) Largest decline over 3 years	-40.62%	-25.98%	-14.64%
Max Drawdown (5Y) Largest decline over 5 years	-40.62%	-38.16%	-2.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.16%	—
Current Drawdown Current decline from peak	-40.62%	-21.80%	-18.82%
Average Drawdown Average peak-to-trough decline	-18.66%	-21.33%	+2.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.37%	8.46%	+9.91%

Volatility

PLTM vs. LHX - Volatility Comparison

GraniteShares Platinum Trust (PLTM) has a higher volatility of 11.52% compared to L3Harris Technologies, Inc. (LHX) at 10.22%. This indicates that PLTM's price experiences larger fluctuations and is considered to be riskier than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTM	LHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.52%	10.22%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	46.02%	21.06%	+24.96%
Volatility (1Y) Calculated over the trailing 1-year period	51.35%	25.32%	+26.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.99%	24.19%	+8.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.10%	25.54%	+5.56%

Dividends

PLTM vs. LHX - Dividend Comparison

PLTM has not paid dividends to shareholders, while LHX's dividend yield for the trailing twelve months is around 1.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LHX L3Harris Technologies, Inc.	1.67%	1.64%	2.21%	2.17%	2.15%	1.91%	1.80%	1.45%	1.86%	1.55%	2.01%	2.23%
PLTM GraniteShares Platinum Trust	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLTM and LHX in my portfolio?

PLTM and LHX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTM or LHX?

PLTM has higher volatility (11.52%) compared to LHX (10.22%). In terms of maximum drawdown, PLTM dropped -42.32% vs LHX's -69.82%.

Which has better risk-adjusted returns?

LHX currently has the higher Sharpe Ratio (0.75 vs 0.53), 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.