PLTM vs. SPPP
PLTM (GraniteShares Platinum Trust) and SPPP (Sprott Physical Platinum and Palladium Trust) are both Precious Metals funds. PLTM is passively managed, while SPPP is actively managed. Over the past 5 years, PLTM returned 8.97%/yr vs -5.73%/yr for SPPP. Their 0.71 correlation means they have sometimes moved together and sometimes differently. PLTM charges 0.50%/yr vs 1.02%/yr for SPPP.
Performance
PLTM vs. SPPP - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with PLTM having a -19.56% return and SPPP slightly lower at -20.37%.
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%
SPPP
- 1D
- -0.45%
- 1M
- 2.92%
- 6M
- -23.46%
- YTD
- -20.37%
- 1Y
- 11.19%
- 3Y*
- 6.70%
- 5Y*
- -5.73%
- 10Y*
- 5.20%
- ALL TIME*
- 2.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.27M | $1.47M | $3.03M | |
| $7.18M | $7.41M | $7.46M |
PLTM vs. SPPP - 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% |
SPPP Sprott Physical Platinum and Palladium Trust | -20.37% | 89.43% | -11.89% | -25.86% | -2.37% | -21.77% | 23.84% | 46.00% | 7.25% |
Correlation
The correlation between PLTM and SPPP is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.71 |
Over the past year, PLTM and SPPP have become more correlated (0.95) than their long-term average of 0.71, meaning their price movements have been converging.
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. SPPP — Risk / Return Rank
PLTM
SPPP
PLTM vs. SPPP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and Sprott Physical Platinum and Palladium Trust (SPPP). 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 | SPPP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.09 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 0.27 | +0.35 |
| Martin ratioReturn relative to average drawdown | 1.20 | 0.52 | +0.68 |
Loading charts...
Drawdowns
PLTM vs. SPPP - Drawdown Comparison
The maximum PLTM drawdown since its inception was -44.07%, smaller than the maximum SPPP drawdown of -59.09%. Use the drawdown chart below to compare losses from any high point for PLTM and SPPP.
Loading charts...
Drawdown Indicators
| PLTM | SPPP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.07% | -59.09% | +15.02% |
Max Drawdown (1Y)Largest decline over 1 year | -44.07% | -45.66% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -44.07% | -45.66% | +1.59% |
Max Drawdown (5Y)Largest decline over 5 years | -44.07% | -58.50% | +14.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.09% | — |
Current DrawdownCurrent decline from peak | -40.58% | -40.61% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -18.95% | -26.65% | +7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 23.99% | -1.24% |
Volatility
PLTM vs. SPPP - Volatility Comparison
The current volatility for GraniteShares Platinum Trust (PLTM) is 9.19%, while Sprott Physical Platinum and Palladium Trust (SPPP) has a volatility of 10.26%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than SPPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLTM | SPPP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.19% | 10.26% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 38.75% | 39.09% | -0.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.54% | 51.22% | -0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.15% | 35.26% | -2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 33.39% | -2.25% |
PLTM vs. SPPP - Expense Ratio Comparison
PLTM has a 0.50% expense ratio, which is lower than SPPP's 1.02% expense ratio.
Dividends
PLTM vs. SPPP - Dividend Comparison
Neither PLTM nor SPPP has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.95, PLTM and SPPP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SPPP has higher volatility (10.26%) compared to PLTM (9.19%). In terms of maximum drawdown, PLTM dropped -44.07% vs SPPP's -59.09%.
On 5-year performance, PLTM leads with 8.97% vs -5.73% for SPPP. On fees, PLTM is cheaper at 0.50% 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, PLTM has performed better with a 8.97% return vs -5.73%. 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 1.02% for SPPP.
PLTM and SPPP have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Sprott. Their fees differ too: 0.50% for PLTM and 1.02% for SPPP.
PLTM currently has the higher Sharpe Ratio (0.54 vs 0.25), 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 SPPP
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