PPLT vs. IAU
Compare and contrast key facts about Aberdeen Standard Physical Platinum Shares ETF (PPLT) and iShares Gold Trust (IAU).
PPLT and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PPLT is a passively managed fund by Abrdn Plc that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 8, 2010. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both PPLT and IAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPLT or IAU.
Key characteristics
| PPLT | IAU | |
|---|---|---|
| YTD Return | -2.64% | 29.90% |
| 1Y Return | 11.64% | 36.88% |
| 3Y Return (Ann) | -3.55% | 13.33% |
| 5Y Return (Ann) | 1.20% | 12.80% |
| 10Y Return (Ann) | -2.74% | 8.49% |
| Sharpe Ratio | 0.43 | 2.57 |
| Sortino Ratio | 0.79 | 3.40 |
| Omega Ratio | 1.08 | 1.45 |
| Calmar Ratio | 0.18 | 5.48 |
| Martin Ratio | 1.19 | 17.00 |
| Ulcer Index | 8.97% | 2.20% |
| Daily Std Dev | 24.63% | 14.53% |
| Max Drawdown | -70.73% | -45.14% |
| Current Drawdown | -53.07% | -3.70% |
Correlation
The correlation between PPLT and IAU is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PPLT vs. IAU - Performance Comparison
In the year-to-date period, PPLT achieves a -2.64% return, which is significantly lower than IAU's 29.90% return. Over the past 10 years, PPLT has underperformed IAU with an annualized return of -2.74%, while IAU has yielded a comparatively higher 8.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PPLT vs. IAU - Expense Ratio Comparison
PPLT has a 0.60% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
PPLT vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Platinum Shares ETF (PPLT) and iShares Gold Trust (IAU). 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.
Dividends
PPLT vs. IAU - Dividend Comparison
Neither PPLT nor IAU has paid dividends to shareholders.
Drawdowns
PPLT vs. IAU - Drawdown Comparison
The maximum PPLT drawdown since its inception was -70.73%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for PPLT and IAU. For additional features, visit the drawdowns tool.
Volatility
PPLT vs. IAU - Volatility Comparison
Aberdeen Standard Physical Platinum Shares ETF (PPLT) has a higher volatility of 7.12% compared to iShares Gold Trust (IAU) at 4.90%. This indicates that PPLT's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.