PPLT vs. SLVR
PPLT (abrdn Physical Platinum Shares ETF) and SLVR (Sprott Silver Miners & Physical Silver ETF) are both exchange-traded funds - PPLT is a Precious Metals fund tracking the LBMA Platinum Price PM, while SLVR is a Silver fund tracking the Nasdaq Sprott Silver Miners™ Index. Both are passively managed. Over the past year, PPLT returned 22.95% vs 68.10% for SLVR. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PPLT charges 0.60%/yr vs 0.65%/yr for SLVR.
Performance
PPLT vs. SLVR - Performance Comparison
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Returns By Period
In the year-to-date period, PPLT achieves a -20.83% return, which is significantly lower than SLVR's -12.49% return.
PPLT
- 1D
- -1.34%
- 1M
- 0.27%
- 6M
- -24.17%
- YTD
- -20.83%
- 1Y
- 22.95%
- 3Y*
- 20.12%
- 5Y*
- 9.09%
- 10Y*
- 2.98%
- ALL TIME*
- -0.41%
SLVR
- 1D
- 2.33%
- 1M
- -6.38%
- 6M
- -22.39%
- YTD
- -12.49%
- 1Y
- 68.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 74.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $23.87M | $27.98M | $37.99M | |
| $4.41M | $4.59M | $8.63M |
PPLT vs. SLVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PPLT abrdn Physical Platinum Shares ETF | -20.83% | 116.53% |
SLVR Sprott Silver Miners & Physical Silver ETF | -12.49% | 171.53% |
Correlation
The correlation between PPLT and SLVR is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2025 | 0.68 |
The correlation between PPLT and SLVR has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.
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Return for Risk
PPLT vs. SLVR — Risk / Return Rank
PPLT
SLVR
PPLT vs. SLVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Platinum Shares ETF (PPLT) and Sprott Silver Miners & Physical Silver ETF (SLVR). 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 | SLVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.21 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | 1.57 | -1.04 |
| Martin ratioReturn relative to average drawdown | 1.01 | 3.09 | -2.09 |
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Drawdowns
PPLT vs. SLVR - Drawdown Comparison
The maximum PPLT drawdown since its inception was -70.73%, which is greater than SLVR's maximum drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for PPLT and SLVR.
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Drawdown Indicators
| PPLT | SLVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.73% | -43.70% | -27.03% |
Max Drawdown (1Y)Largest decline over 1 year | -43.98% | -43.70% | -0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -43.98% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.98% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.14% | — | — |
Current DrawdownCurrent decline from peak | -41.49% | -41.42% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -39.95% | -12.38% | -27.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.88% | 22.08% | +0.80% |
Volatility
PPLT vs. SLVR - Volatility Comparison
The current volatility for abrdn Physical Platinum Shares ETF (PPLT) is 8.56%, while Sprott Silver Miners & Physical Silver ETF (SLVR) has a volatility of 14.98%. This indicates that PPLT experiences smaller price fluctuations and is considered to be less risky than SLVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPLT | SLVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 14.98% | -6.42% |
Volatility (6M)Calculated over the trailing 6-month period | 32.25% | 48.84% | -16.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.84% | 65.05% | -15.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.85% | 58.36% | -25.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.29% | 58.36% | -29.07% |
PPLT vs. SLVR - Expense Ratio Comparison
PPLT has a 0.60% expense ratio, which is lower than SLVR's 0.65% expense ratio.
Dividends
PPLT vs. SLVR - Dividend Comparison
PPLT has not paid dividends to shareholders, while SLVR's dividend yield for the trailing twelve months is around 4.21%.
| Position | TTM | 2025 |
|---|---|---|
PPLT abrdn Physical Platinum Shares ETF | 0.00% | 0.00% |
SLVR Sprott Silver Miners & Physical Silver ETF | 4.21% | 3.68% |
Frequently Asked Questions
PPLT and SLVR have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLVR has higher volatility (14.98%) compared to PPLT (8.56%). In terms of maximum drawdown, PPLT dropped -70.73% vs SLVR's -43.70%.
On 1-year performance, SLVR leads with 68.10% vs 22.95% for PPLT. On fees, PPLT is cheaper at 0.60% per year. On volatility, PPLT has been the lower-risk option at 8.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SLVR has performed better with a 68.10% return vs 22.95%. 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 SLVR.
SLVR has the higher dividend yield at 4.21%, compared with 0.00% for PPLT.
PPLT is categorized as Precious Metals, while SLVR is Silver. PPLT tracks LBMA Platinum Price PM, while SLVR tracks Nasdaq Sprott Silver Miners™ Index. They also come from different issuers: abrdn and Sprott. Their fees differ too: 0.60% for PPLT and 0.65% for SLVR.
SLVR currently has the higher Sharpe Ratio (1.05 vs 0.46), 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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