PLTM vs. PPLT
Compare and contrast key facts about GraniteShares Platinum Trust (PLTM) and Aberdeen Standard Physical Platinum Shares ETF (PPLT).
PLTM and PPLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTM is a passively managed fund by GraniteShares that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 22, 2018. PPLT is a passively managed fund by Abrdn Plc that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 8, 2010. Both PLTM and PPLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTM or PPLT.
Key characteristics
| PLTM | PPLT | |
|---|---|---|
| YTD Return | 7.15% | 7.36% |
| 1Y Return | -0.58% | -0.56% |
| 3Y Return (Ann) | -5.14% | -5.21% |
| 5Y Return (Ann) | 4.83% | 4.82% |
| Sharpe Ratio | -0.03 | -0.03 |
| Daily Std Dev | 22.80% | 22.67% |
| Max Drawdown | -42.32% | -70.73% |
| Current Drawdown | -18.07% | -48.25% |
Correlation
The correlation between PLTM and PPLT is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PLTM vs. PPLT - Performance Comparison
The year-to-date returns for both investments are quite close, with PLTM having a 7.15% return and PPLT slightly higher at 7.36%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PLTM vs. PPLT - Expense Ratio Comparison
PLTM has a 0.50% expense ratio, which is lower than PPLT's 0.60% expense ratio.
Risk-Adjusted Performance
PLTM vs. PPLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and Aberdeen Standard Physical Platinum Shares ETF (PPLT). 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.
Dividends
PLTM vs. PPLT - Dividend Comparison
Neither PLTM nor PPLT has paid dividends to shareholders.
Drawdowns
PLTM vs. PPLT - Drawdown Comparison
The maximum PLTM drawdown since its inception was -42.32%, smaller than the maximum PPLT drawdown of -70.73%. Use the drawdown chart below to compare losses from any high point for PLTM and PPLT. For additional features, visit the drawdowns tool.
Volatility
PLTM vs. PPLT - Volatility Comparison
GraniteShares Platinum Trust (PLTM) and Aberdeen Standard Physical Platinum Shares ETF (PPLT) have volatilities of 6.91% and 7.06%, 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.