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PPLT vs. GLDI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PPLT vs. GLDI

Last updated Jun 4, 2026

PPLT (Aberdeen Standard Physical Platinum Shares ETF) and GLDI (Credit Suisse X-Links Gold Shares Covered Call ETN) are both Precious Metals funds - PPLT tracks the Platinum London PM Fix ($/ozt) while GLDI tracks the Credit Suisse NASDAQ Gold FLOWS 103 Index. Both are passively managed. Over the past 10 years, PPLT returned 5.97%/yr vs 8.99%/yr for GLDI. A 0.54 correlation means they provide meaningful diversification when combined. PPLT charges 0.60%/yr vs 0.65%/yr for GLDI.

Performance

PPLT vs. GLDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Platinum Shares ETF (PPLT) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PPLT achieves a -9.46% return, which is significantly lower than GLDI's 2.06% return. Over the past 10 years, PPLT has underperformed GLDI with an annualized return of 5.97%, while GLDI has yielded a comparatively higher 8.99% annualized return.

PPLT

1D
-3.71%
1M
-4.22%
YTD
-9.46%
6M
11.32%
1Y
71.46%
3Y*
22.13%
5Y*
9.07%
10Y*
5.97%

GLDI

1D
-0.81%
1M
0.90%
YTD
2.06%
6M
4.42%
1Y
21.23%
3Y*
19.54%
5Y*
11.15%
10Y*
8.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PPLT vs. GLDI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PPLT
Aberdeen Standard Physical Platinum Shares ETF		-9.46%124.48%-8.90%-8.18%10.43%-10.75%10.78%20.85%-14.95%2.38%
GLDI
Credit Suisse X-Links Gold Shares Covered Call ETN		2.06%34.25%17.76%8.93%-1.11%-3.42%23.50%14.40%-0.54%8.94%

Correlation

The correlation between PPLT and GLDI is 0.54, 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

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.49

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Jan 30, 2013

0.54

The correlation between PPLT and GLDI has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Aberdeen Standard Physical Platinum Shares ETF

Credit Suisse X-Links Gold Shares Covered Call ETN

Often compared with PPLT:
PPLT vs. PLTMPPLT vs. GLDPPLT vs. SPPP.LPPLT vs. SPLT.LPPLT vs. PL=FPPLT vs. SPPPPPLT vs. PDBC
Often compared with GLDI:
GLDI vs. IGLDGLDI vs. GLDGLDI vs. SCHDGLDI vs. GLDYGLDI vs. GLDW.LGLDI vs. BGLDGLDI vs. JEPQ

Return for Risk

PPLT vs. GLDI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PPLT
PPLT Risk / Return Rank: 3636
Overall Rank
PPLT Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
PPLT Sortino Ratio Rank: 3333
Sortino Ratio Rank
PPLT Omega Ratio Rank: 3939
Omega Ratio Rank
PPLT Calmar Ratio Rank: 4242
Calmar Ratio Rank
PPLT Martin Ratio Rank: 2929
Martin Ratio Rank
GLDI
GLDI Risk / Return Rank: 3838
Overall Rank
GLDI Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
GLDI Sortino Ratio Rank: 3535
Sortino Ratio Rank
GLDI Omega Ratio Rank: 4747
Omega Ratio Rank
GLDI Calmar Ratio Rank: 3131
Calmar Ratio Rank
GLDI Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PPLT vs. GLDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Platinum Shares ETF (PPLT) and Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI). 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.

PPLTGLDIDifference
Sharpe ratioReturn per unit of total volatility
1.42
1.46

-0.05

Sortino ratioReturn per unit of downside risk
1.81
1.90

-0.09

Omega ratioGain probability vs. loss probability

1.26

1.30

-0.04

Calmar ratioReturn relative to maximum drawdown

2.09

1.55

+0.53

Martin ratioReturn relative to average drawdown

4.41

6.07

-1.66

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PPLT vs. GLDI - Sharpe Ratio Comparison

The current PPLT Sharpe Ratio is 1.42, which is comparable to the GLDI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of PPLT and GLDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PPLTGLDIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

1.46

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.99

-0.71

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.21

0.79

-0.59

Sharpe Ratio (All Time)

Calculated using the full available price history

0.01

0.37

-0.35

Drawdowns

PPLT vs. GLDI - Drawdown Comparison

The maximum PPLT drawdown since its inception was -70.73%, which is greater than GLDI's maximum drawdown of -32.26%. Use the drawdown chart below to compare losses from any high point for PPLT and GLDI.

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Drawdown Indicators

PPLTGLDIDifference

Max Drawdown

Largest peak-to-trough decline

-70.73%

-32.26%

-38.47%

Max Drawdown (1Y)

Largest decline over 1 year

-34.41%

-13.73%

-20.68%

Max Drawdown (3Y)

Largest decline over 3 years

-34.41%

-13.73%

-20.68%

Max Drawdown (5Y)

Largest decline over 5 years

-34.41%

-14.07%

-20.34%

Max Drawdown (10Y)

Largest decline over 10 years

-51.14%

-14.94%

-36.20%

Current Drawdown

Current decline from peak

-33.08%

-7.37%

-25.71%

Average Drawdown

Average peak-to-trough decline

-39.95%

-14.00%

-25.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.24%

3.50%

+12.74%

Volatility

PPLT vs. GLDI - Volatility Comparison

Aberdeen Standard Physical Platinum Shares ETF (PPLT) has a higher volatility of 11.22% compared to Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) at 3.88%. This indicates that PPLT's price experiences larger fluctuations and is considered to be riskier than GLDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PPLTGLDIDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.22%

3.88%

+7.34%

Volatility (6M)

Calculated over the trailing 6-month period

44.68%

12.87%

+31.81%

Volatility (1Y)

Calculated over the trailing 1-year period

50.72%

14.57%

+36.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.49%

11.31%

+21.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.00%

11.35%

+17.65%

PPLT vs. GLDI - Expense Ratio Comparison

PPLT has a 0.60% expense ratio, which is lower than GLDI's 0.65% expense ratio.

Dividends

PPLT vs. GLDI - Dividend Comparison

PPLT has not paid dividends to shareholders, while GLDI's dividend yield for the trailing twelve months is around 22.37%.

PositionTTM20252024202320222021202020192018201720162015
GLDI
Credit Suisse X-Links Gold Shares Covered Call ETN		22.37%16.15%10.45%10.02%13.73%10.65%14.25%7.25%5.33%7.77%17.26%10.07%
PPLT
Aberdeen Standard Physical Platinum Shares ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

PPLT and GLDI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PPLT has higher volatility (11.22%) compared to GLDI (3.88%). In terms of maximum drawdown, PPLT dropped -70.73% vs GLDI's -32.26%.

On 10-year performance, GLDI leads with 8.99% vs 5.97% for PPLT. On fees, PPLT is cheaper at 0.60% per year. On volatility, GLDI has been the lower-risk option at 3.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, GLDI has performed better with a 8.99% return vs 5.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PPLT is cheaper with a 0.60% expense ratio, compared with 0.65% for GLDI.

GLDI has the higher dividend yield at 22.37%, compared with 0.00% for PPLT.

PPLT tracks Platinum London PM Fix ($/ozt), while GLDI tracks Credit Suisse NASDAQ Gold FLOWS 103 Index. They also come from different issuers: Aberdeen and Credit Suisse. Their fees differ too: 0.60% for PPLT and 0.65% for GLDI.

GLDI currently has the higher Sharpe Ratio (1.46 vs 1.42), 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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