PLTM vs. PSLV
PLTM (GraniteShares Platinum Trust) and PSLV (Sprott Physical Silver Trust) are both exchange-traded funds - PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while PSLV is a Silver fund tracking the No Index (Physical Silver). Both are passively managed. Over the past 5 years, PLTM returned 9.22%/yr vs 18.43%/yr for PSLV. A 0.59 correlation means they provide meaningful diversification when combined. PLTM charges 0.50%/yr vs 0.51%/yr for PSLV.
Performance
PLTM vs. PSLV - Performance Comparison
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Returns By Period
In the year-to-date period, PLTM achieves a -9.33% return, which is significantly lower than PSLV's -1.78% return.
PLTM
- 1D
- -3.82%
- 1M
- -4.28%
- YTD
- -9.33%
- 6M
- 11.67%
- 1Y
- 71.85%
- 3Y*
- 22.22%
- 5Y*
- 9.22%
- 10Y*
- —
PSLV
- 1D
- -2.76%
- 1M
- -1.61%
- YTD
- -1.78%
- 6M
- 18.46%
- 1Y
- 100.09%
- 3Y*
- 41.73%
- 5Y*
- 18.43%
- 10Y*
- 13.97%
PLTM vs. PSLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PLTM GraniteShares Platinum Trust | -9.33% | 124.46% | -8.91% | -8.10% | 10.83% | -10.52% | 10.87% | 20.76% | -20.48% |
PSLV Sprott Physical Silver Trust | -1.78% | 145.08% | 19.43% | -1.94% | 2.74% | -14.13% | 42.81% | 16.99% | -8.96% |
Correlation
The correlation between PLTM and PSLV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2018 | 0.59 |
The correlation between PLTM and PSLV shifts across timeframes, from 0.59 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLTM vs. PSLV — Risk / Return Rank
PLTM
PSLV
PLTM vs. PSLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and Sprott Physical Silver Trust (PSLV). 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.
| PLTM | PSLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 2.48 | -0.38 |
| Martin ratioReturn relative to average drawdown | 4.43 | 5.50 | -1.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLTM | PSLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.72 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.52 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.17 | +0.07 |
Drawdowns
PLTM vs. PSLV - Drawdown Comparison
The maximum PLTM drawdown since its inception was -42.32%, smaller than the maximum PSLV drawdown of -79.38%. Use the drawdown chart below to compare losses from any high point for PLTM and PSLV.
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Drawdown Indicators
| PLTM | PSLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.32% | -79.38% | +37.06% |
Max Drawdown (1Y)Largest decline over 1 year | -34.52% | -40.65% | +6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -34.52% | -40.65% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -34.52% | -40.65% | +6.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.79% | — |
Current DrawdownCurrent decline from peak | -33.02% | -36.11% | +3.09% |
Average DrawdownAverage peak-to-trough decline | -18.55% | -58.15% | +39.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.28% | 18.25% | -1.97% |
Volatility
PLTM vs. PSLV - Volatility Comparison
The current volatility for GraniteShares Platinum Trust (PLTM) is 10.88%, while Sprott Physical Silver Trust (PSLV) has a volatility of 16.57%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than PSLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTM | PSLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.88% | 16.57% | -5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 45.45% | 57.35% | -11.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.40% | 58.49% | -7.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.83% | 35.64% | -2.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.98% | 31.14% | -0.16% |
PLTM vs. PSLV - Expense Ratio Comparison
PLTM has a 0.50% expense ratio, which is lower than PSLV's 0.51% expense ratio.
Dividends
PLTM vs. PSLV - Dividend Comparison
Neither PLTM nor PSLV has paid dividends to shareholders.
Frequently Asked Questions
PLTM and PSLV 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.
PSLV has higher volatility (16.57%) compared to PLTM (10.88%). In terms of maximum drawdown, PLTM dropped -42.32% vs PSLV's -79.38%.
On 5-year performance, PSLV leads with 18.43% vs 9.22% for PLTM. On fees, PLTM is cheaper at 0.50% per year. On volatility, PLTM has been the lower-risk option at 10.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, PSLV has performed better with a 18.43% return vs 9.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTM is cheaper with a 0.50% expense ratio, compared with 0.51% for PSLV.
PLTM and PSLV have nearly identical dividend yields, around 0.00%.
PLTM is categorized as Precious Metals, while PSLV is Silver. PLTM tracks Platinum London PM Fix ($/ozt), while PSLV tracks No Index (Physical Silver). They also come from different issuers: GraniteShares and Sprott. Their fees differ too: 0.50% for PLTM and 0.51% for PSLV.
PSLV currently has the higher Sharpe Ratio (1.72 vs 1.41), 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.
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