PPLT vs. PLG

Last updated Jun 4, 2026

PPLT (Aberdeen Standard Physical Platinum Shares ETF) is Precious Metals fund tracking the Platinum London PM Fix ($/ozt), while PLG (Platinum Group Metals Ltd.) is a stock. Over the past 10 years, PPLT returned 5.97%/yr vs -25.18%/yr for PLG. At a 0.40 correlation, their price movements are largely independent.

Performance

PPLT vs. PLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Platinum Shares ETF (PPLT) and Platinum Group Metals Ltd. (PLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PPLT achieves a -9.46% return, which is significantly higher than PLG's -29.66% return. Over the past 10 years, PPLT has outperformed PLG with an annualized return of 5.97%, while PLG has yielded a comparatively lower -25.18% 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%

PLG

• 1D: -6.21%
• 1M: -4.60%
• YTD: -29.66%
• 6M: -33.33%
• 1Y: 8.50%
• 3Y*: 4.61%
• 5Y*: -16.82%
• 10Y*: -25.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PPLT vs. PLG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
PLG Platinum Group Metals Ltd.	-29.66%	84.37%	12.28%	-34.48%	10.13%	-65.95%	174.56%	13.42%	-50.99%	-78.74%

Correlation

The correlation between PPLT and PLG is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jan 11, 2010	0.40

Over the past year, PPLT and PLG have become more correlated (0.70) than their long-term average of 0.40, meaning their price movements have been converging.

Return for Risk

PPLT vs. PLG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PPLT

PPLT Risk / Return Rank: 36
PPLT Sharpe Ratio Rank: 39
PPLT Sortino Ratio Rank: 33
PPLT Omega Ratio Rank: 39
PPLT Calmar Ratio Rank: 42
PPLT Martin Ratio Rank: 29

PLG

PLG Risk / Return Rank: 45
PLG Sharpe Ratio Rank: 45
PLG Sortino Ratio Rank: 47
PLG Omega Ratio Rank: 45
PLG Calmar Ratio Rank: 44
PLG Martin Ratio Rank: 43

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. PLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Platinum Shares ETF (PPLT) and Platinum Group Metals Ltd. (PLG). 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.

	PPLT	PLG	Difference
Sharpe ratio: Return per unit of total volatility	1.42	0.10	+1.31
Sortino ratio: Return per unit of downside risk	1.81	0.74	+1.07
Omega ratio: Gain probability vs. loss probability	1.26	1.09	+0.17
Calmar ratio: Return relative to maximum drawdown	2.09	0.16	+1.93
Martin ratio: Return relative to average drawdown	4.41	0.29	+4.13
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. PLG - Sharpe Ratio Comparison

The current PPLT Sharpe Ratio is 1.42, which is higher than the PLG Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of PPLT and PLG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PPLT	PLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	0.10	+1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	-0.24	+0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	-0.32	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.02	-0.01

Drawdowns

PPLT vs. PLG - Drawdown Comparison

The maximum PPLT drawdown since its inception was -70.73%, smaller than the maximum PLG drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for PPLT and PLG.

Drawdown Indicators

	PPLT	PLG	Difference
Max Drawdown Largest peak-to-trough decline	-70.73%	-99.81%	+29.08%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	-54.89%	+20.48%
Max Drawdown (3Y) Largest decline over 3 years	-34.41%	-54.89%	+20.48%
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	-76.98%	+42.57%
Max Drawdown (10Y) Largest decline over 10 years	-51.14%	-97.73%	+46.59%
Current Drawdown Current decline from peak	-33.08%	-99.64%	+66.56%
Average Drawdown Average peak-to-trough decline	-39.95%	-68.79%	+28.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.24%	29.68%	-13.44%

Volatility

PPLT vs. PLG - Volatility Comparison

The current volatility for Aberdeen Standard Physical Platinum Shares ETF (PPLT) is 11.22%, while Platinum Group Metals Ltd. (PLG) has a volatility of 20.03%. This indicates that PPLT experiences smaller price fluctuations and is considered to be less risky than PLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PPLT	PLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.22%	20.03%	-8.81%
Volatility (6M) Calculated over the trailing 6-month period	44.68%	58.84%	-14.16%
Volatility (1Y) Calculated over the trailing 1-year period	50.72%	82.50%	-31.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.49%	71.79%	-39.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.00%	80.12%	-51.12%

Dividends

PPLT vs. PLG - Dividend Comparison

Neither PPLT nor PLG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PPLT and PLG in my portfolio?

PPLT and PLG have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PPLT or PLG?

PLG has higher volatility (20.03%) compared to PPLT (11.22%). In terms of maximum drawdown, PPLT dropped -70.73% vs PLG's -99.81%.

Which has better risk-adjusted returns?

PPLT currently has the higher Sharpe Ratio (1.42 vs 0.10), 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.