PPLT vs. FMV.DE
PPLT (abrdn Physical Platinum Shares ETF) is Precious Metals fund tracking the LBMA Platinum Price PM, while FMV.DE (First Majestic Silver Corp) is a stock. Over the past 10 years, PPLT returned 3.32%/yr vs 1.85%/yr for FMV.DE. At a 0.41 correlation, their price movements are largely independent.
Performance
PPLT vs. FMV.DE - Performance Comparison
Loading charts...
Different Trading Currencies
PPLT is traded in USD, while FMV.DE is traded in EUR. To make them comparable, the FMV.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PPLT achieves a -24.21% return, which is significantly lower than FMV.DE's -1.11% return. Over the past 10 years, PPLT has outperformed FMV.DE with an annualized return of 3.32%, while FMV.DE has yielded a comparatively lower 1.85% annualized return.
PPLT
- 1D
- -1.40%
- 1M
- -19.03%
- YTD
- -24.21%
- 6M
- -28.86%
- 1Y
- 15.00%
- 3Y*
- 19.09%
- 5Y*
- 6.84%
- 10Y*
- 3.32%
FMV.DE
- 1D
- 2.69%
- 1M
- -18.28%
- YTD
- -1.11%
- 6M
- -1.11%
- 1Y
- 110.53%
- 3Y*
- 46.25%
- 5Y*
- 2.18%
- 10Y*
- 1.85%
PPLT vs. FMV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPLT abrdn Physical Platinum Shares ETF | -24.21% | 124.48% | -8.90% | -8.18% | 10.43% | -10.75% | 10.78% | 20.85% | -14.95% | 2.38% |
FMV.DE First Majestic Silver Corp | -1.11% | 215.51% | -11.01% | -27.00% | -22.13% | -14.17% | 4.91% | 107.84% | -16.76% | -16.43% |
Correlation
The correlation between PPLT and FMV.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2010 | 0.41 |
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
PPLT vs. FMV.DE — Risk / Return Rank
PPLT
FMV.DE
PPLT vs. FMV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Platinum Shares ETF (PPLT) and First Majestic Silver Corp (FMV.DE). 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.
| PPLT | FMV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.25 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 2.23 | -1.89 |
| Martin ratioReturn relative to average drawdown | 0.78 | 4.89 | -4.11 |
Loading charts...
Drawdowns
PPLT vs. FMV.DE - Drawdown Comparison
The maximum PPLT drawdown since its inception was -70.73%, smaller than the maximum FMV.DE drawdown of -90.62%. Use the drawdown chart below to compare losses from any high point for PPLT and FMV.DE.
Loading charts...
Drawdown Indicators
| PPLT | FMV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.73% | -90.62% | +19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -43.98% | -49.26% | +5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -43.98% | -49.26% | +5.28% |
Max Drawdown (5Y)Largest decline over 5 years | -43.98% | -72.41% | +28.43% |
Max Drawdown (10Y)Largest decline over 10 years | -51.14% | -79.49% | +28.35% |
Current DrawdownCurrent decline from peak | -43.98% | -45.89% | +1.91% |
Average DrawdownAverage peak-to-trough decline | -39.94% | -55.70% | +15.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.30% | 22.52% | -3.22% |
Volatility
PPLT vs. FMV.DE - Volatility Comparison
The current volatility for abrdn Physical Platinum Shares ETF (PPLT) is 12.58%, while First Majestic Silver Corp (FMV.DE) has a volatility of 24.06%. This indicates that PPLT experiences smaller price fluctuations and is considered to be less risky than FMV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PPLT | FMV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.58% | 24.06% | -11.48% |
Volatility (6M)Calculated over the trailing 6-month period | 43.67% | 57.92% | -14.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.52% | 74.03% | -23.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.78% | 61.41% | -28.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.21% | 60.75% | -31.54% |
Dividends
PPLT vs. FMV.DE - Dividend Comparison
PPLT has not paid dividends to shareholders, while FMV.DE's dividend yield for the trailing twelve months is around 0.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FMV.DE First Majestic Silver Corp | 0.21% | 0.12% | 0.33% | 0.37% | 0.33% | 0.16% |
PPLT abrdn Physical Platinum Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PPLT and FMV.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for PPLT and FMV.DE
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