PLTM vs. SLVP
PLTM (GraniteShares Platinum Trust) and SLVP (iShares MSCI Global Silver and Metals Miners ETF) are both exchange-traded funds - PLTM is a Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index. Both are passively managed. Over the past 5 years, PLTM returned 8.97%/yr vs 16.22%/yr for SLVP. Their 0.56 correlation means they have sometimes moved together and sometimes differently. PLTM charges 0.50%/yr vs 0.39%/yr for SLVP.
Performance
PLTM vs. SLVP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLTM achieves a -19.56% return, which is significantly lower than SLVP's -12.97% 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%
SLVP
- 1D
- -3.63%
- 1M
- -7.59%
- 6M
- -22.73%
- YTD
- -12.97%
- 1Y
- 72.99%
- 3Y*
- 45.49%
- 5Y*
- 16.22%
- 10Y*
- 7.89%
- ALL TIME*
- 2.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.27M | $1.47M | $3.03M | |
| $7.13M | $7.08M | $11.62M |
PLTM vs. SLVP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PLTM GraniteShares Platinum Trust | -19.56% | 124.46% | -8.91% | -8.10% | 10.83% | -10.52% | 10.87% | 20.76% | -20.92% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | -12.97% | 202.84% | 14.47% | -2.31% | -18.06% | -23.53% | 56.45% | 37.71% | -18.09% |
Correlation
The correlation between PLTM and SLVP is 0.72, 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. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.56 |
The correlation between PLTM and SLVP shifts across timeframes, from 0.56 (all time) to 0.72 (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. SLVP — Risk / Return Rank
PLTM
SLVP
PLTM vs. SLVP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). 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 | SLVP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.23 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 1.89 | -1.27 |
| Martin ratioReturn relative to average drawdown | 1.20 | 3.87 | -2.67 |
Loading charts...
Drawdowns
PLTM vs. SLVP - Drawdown Comparison
The maximum PLTM drawdown since its inception was -44.07%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for PLTM and SLVP.
Loading charts...
Drawdown Indicators
| PLTM | SLVP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.07% | -80.47% | +36.40% |
Max Drawdown (1Y)Largest decline over 1 year | -44.07% | -38.97% | -5.10% |
Max Drawdown (3Y)Largest decline over 3 years | -44.07% | -38.97% | -5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -44.07% | -47.73% | +3.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.03% | — |
Current DrawdownCurrent decline from peak | -40.58% | -37.22% | -3.36% |
Average DrawdownAverage peak-to-trough decline | -18.95% | -46.67% | +27.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 18.98% | +3.77% |
Volatility
PLTM vs. SLVP - Volatility Comparison
The current volatility for GraniteShares Platinum Trust (PLTM) is 9.19%, while iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a volatility of 14.39%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTM | SLVP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.19% | 14.39% | -5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 38.75% | 45.21% | -6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.54% | 56.38% | -5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.15% | 43.62% | -10.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 42.50% | -11.36% |
PLTM vs. SLVP - Expense Ratio Comparison
PLTM has a 0.50% expense ratio, which is higher than SLVP's 0.39% expense ratio.
Dividends
PLTM vs. SLVP - Dividend Comparison
PLTM has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 2.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | 2.37% | 1.78% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% |
Frequently Asked Questions
PLTM and SLVP have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLVP has higher volatility (14.39%) compared to PLTM (9.19%). In terms of maximum drawdown, PLTM dropped -44.07% vs SLVP's -80.47%.
On 5-year performance, SLVP leads with 16.22% vs 8.97% for PLTM. On fees, SLVP is cheaper at 0.39% per year. On volatility, PLTM has been the lower-risk option at 9.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SLVP has performed better with a 16.22% return vs 8.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLVP is cheaper with a 0.39% expense ratio, compared with 0.50% for PLTM.
SLVP has the higher dividend yield at 2.37%, compared with 0.00% for PLTM.
PLTM is categorized as Precious Metals, while SLVP is Silver. PLTM tracks Platinum London PM Fix ($/ozt), while SLVP tracks MSCI ACWI Select Silver Miners Investable Market Index. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 0.50% for PLTM and 0.39% for SLVP.
SLVP currently has the higher Sharpe Ratio (1.30 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 SLVP
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