SPDM.L vs. SPLT.L
Compare and contrast key facts about iShares Physical Palladium ETC (SPDM.L) and iShares Physical Platinum ETC (SPLT.L).
SPDM.L and SPLT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPDM.L is a passively managed fund by iShares that tracks the performance of the London Palladium PM Fix. It was launched on Apr 8, 2011. SPLT.L is a passively managed fund by iShares that tracks the performance of the Platinum. It was launched on Apr 8, 2011. Both SPDM.L and SPLT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPDM.L vs. SPLT.L - Performance Comparison
Loading graphics...
SPDM.L vs. SPLT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPDM.L iShares Physical Palladium ETC | -8.69% | 62.20% | -17.63% | -41.15% | 5.58% | -19.60% | 19.23% | 47.36% | 25.02% | 42.70% |
SPLT.L iShares Physical Platinum ETC | -1.48% | 104.63% | -8.37% | -10.78% | 23.96% | -10.18% | 7.04% | 17.70% | -9.90% | -6.89% |
Returns By Period
In the year-to-date period, SPDM.L achieves a -8.69% return, which is significantly lower than SPLT.L's -1.48% return. Over the past 10 years, SPDM.L has outperformed SPLT.L with an annualized return of 10.22%, while SPLT.L has yielded a comparatively lower 7.76% annualized return.
SPDM.L
- 1D
- 1.79%
- 1M
- -18.86%
- YTD
- -8.69%
- 6M
- 15.28%
- 1Y
- 40.04%
- 3Y*
- -3.59%
- 5Y*
- -10.94%
- 10Y*
- 10.22%
SPLT.L
- 1D
- 1.21%
- 1M
- -16.19%
- YTD
- -1.48%
- 6M
- 25.18%
- 1Y
- 88.68%
- 3Y*
- 21.78%
- 5Y*
- 10.58%
- 10Y*
- 7.76%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPDM.L vs. SPLT.L - Expense Ratio Comparison
Both SPDM.L and SPLT.L have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
SPDM.L vs. SPLT.L — Risk / Return Rank
SPDM.L
SPLT.L
SPDM.L vs. SPLT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Palladium ETC (SPDM.L) and iShares Physical Platinum ETC (SPLT.L). 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.
| SPDM.L | SPLT.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 1.93 | -0.95 |
Sortino ratioReturn per unit of downside risk | 1.45 | 2.23 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.34 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 2.66 | -1.52 |
Martin ratioReturn relative to average drawdown | 3.53 | 7.93 | -4.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPDM.L | SPLT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.93 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | 0.35 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.28 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.07 | +0.09 |
Correlation
The correlation between SPDM.L and SPLT.L is 0.51, 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.
Dividends
SPDM.L vs. SPLT.L - Dividend Comparison
Neither SPDM.L nor SPLT.L has paid dividends to shareholders.
Drawdowns
SPDM.L vs. SPLT.L - Drawdown Comparison
The maximum SPDM.L drawdown since its inception was -70.87%, which is greater than SPLT.L's maximum drawdown of -58.05%. Use the drawdown chart below to compare losses from any high point for SPDM.L and SPLT.L.
Loading graphics...
Drawdown Indicators
| SPDM.L | SPLT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.87% | -58.05% | -12.82% |
Max Drawdown (1Y)Largest decline over 1 year | -35.14% | -33.87% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -70.87% | -33.87% | -37.00% |
Max Drawdown (10Y)Largest decline over 10 years | -70.87% | -45.00% | -25.87% |
Current DrawdownCurrent decline from peak | -53.88% | -29.72% | -24.16% |
Average DrawdownAverage peak-to-trough decline | -24.76% | -34.26% | +9.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.33% | 11.37% | -0.04% |
Volatility
SPDM.L vs. SPLT.L - Volatility Comparison
The current volatility for iShares Physical Palladium ETC (SPDM.L) is 12.14%, while iShares Physical Platinum ETC (SPLT.L) has a volatility of 16.33%. This indicates that SPDM.L experiences smaller price fluctuations and is considered to be less risky than SPLT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPDM.L | SPLT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.14% | 16.33% | -4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.84% | 41.51% | -3.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.55% | 45.73% | -2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.49% | 30.18% | +11.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.45% | 27.75% | +9.70% |