PLTM vs. SLV
PLTM (GraniteShares Platinum Trust) and SLV (iShares Silver Trust) are both exchange-traded funds - PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while SLV is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past 5 years, PLTM returned 7.99%/yr vs 18.31%/yr for SLV. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
PLTM vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, PLTM achieves a -19.61% return, which is significantly lower than SLV's -13.49% return.
PLTM
- 1D
- -1.49%
- 1M
- -14.13%
- YTD
- -19.61%
- 6M
- -27.97%
- 1Y
- 27.29%
- 3Y*
- 21.01%
- 5Y*
- 7.99%
- 10Y*
- —
SLV
- 1D
- -5.40%
- 1M
- -18.48%
- YTD
- -13.49%
- 6M
- -14.05%
- 1Y
- 69.08%
- 3Y*
- 39.38%
- 5Y*
- 18.31%
- 10Y*
- 12.68%
PLTM vs. SLV - 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% |
SLV iShares Silver Trust | -13.49% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -7.28% |
Correlation
The correlation between PLTM and SLV is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.61 |
The correlation between PLTM and SLV shifts across timeframes, from 0.61 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLTM vs. SLV — Risk / Return Rank
PLTM
SLV
PLTM vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and iShares Silver Trust (SLV). 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 | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 1.47 | -0.80 |
| Martin ratioReturn relative to average drawdown | 1.49 | 3.16 | -1.67 |
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Drawdowns
PLTM vs. SLV - Drawdown Comparison
The maximum PLTM drawdown since its inception was -42.32%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for PLTM and SLV.
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Drawdown Indicators
| PLTM | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.32% | -76.28% | +33.96% |
Max Drawdown (1Y)Largest decline over 1 year | -40.62% | -47.23% | +6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -40.62% | -47.23% | +6.61% |
Max Drawdown (5Y)Largest decline over 5 years | -40.62% | -47.23% | +6.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.23% | — |
Current DrawdownCurrent decline from peak | -40.62% | -47.23% | +6.61% |
Average DrawdownAverage peak-to-trough decline | -18.66% | -44.65% | +25.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.37% | 21.91% | -3.54% |
Volatility
PLTM vs. SLV - Volatility Comparison
The current volatility for GraniteShares Platinum Trust (PLTM) is 11.52%, while iShares Silver Trust (SLV) has a volatility of 14.34%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTM | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.52% | 14.34% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 46.02% | 59.27% | -13.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.35% | 60.33% | -8.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.99% | 36.59% | -3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.10% | 32.09% | -0.99% |
PLTM vs. SLV - Expense Ratio Comparison
Both PLTM and SLV have an expense ratio of 0.50%.
Dividends
PLTM vs. SLV - Dividend Comparison
Neither PLTM nor SLV has paid dividends to shareholders.
Frequently Asked Questions
PLTM and SLV have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (14.34%) compared to PLTM (11.52%). In terms of maximum drawdown, PLTM dropped -42.32% vs SLV's -76.28%.
On 5-year performance, SLV leads with 18.31% vs 7.99% for PLTM. Both ETFs have the same 0.50% expense ratio. On volatility, PLTM has been the lower-risk option at 11.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SLV has performed better with a 18.31% return vs 7.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PLTM and SLV have the same expense ratio: 0.50% per year.
PLTM and SLV have nearly identical dividend yields, around 0.00%.
PLTM is categorized as Precious Metals, while SLV is Silver. PLTM tracks Platinum London PM Fix ($/ozt), while SLV tracks LBMA Silver Price. They also come from different issuers: GraniteShares and iShares.
SLV currently has the higher Sharpe Ratio (1.15 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.
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