SPLT.L vs. ^GSPC
SPLT.L (iShares Physical Platinum ETC) is Precious Metals fund tracking the Platinum, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, SPLT.L returned 7.15%/yr vs 14.50%/yr for ^GSPC. At a 0.12 correlation, their price movements are largely independent.
Performance
SPLT.L vs. ^GSPC - Performance Comparison
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Different Trading Currencies
SPLT.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPLT.L achieves a -5.28% return, which is significantly lower than ^GSPC's 11.24% return. Over the past 10 years, SPLT.L has underperformed ^GSPC with an annualized return of 7.15%, while ^GSPC has yielded a comparatively higher 14.50% annualized return.
SPLT.L
- 1D
- 0.20%
- 1M
- -2.87%
- YTD
- -5.28%
- 6M
- 14.16%
- 1Y
- 74.34%
- 3Y*
- 18.81%
- 5Y*
- 11.07%
- 10Y*
- 7.15%
^GSPC
- 1D
- 0.41%
- 1M
- 5.44%
- YTD
- 11.24%
- 6M
- 9.84%
- 1Y
- 28.25%
- 3Y*
- 18.03%
- 5Y*
- 13.60%
- 10Y*
- 14.50%
SPLT.L vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPLT.L iShares Physical Platinum ETC | -5.28% | 104.63% | -8.37% | -10.78% | 23.96% | -10.18% | 7.04% | 17.70% | -9.90% | -6.89% |
^GSPC S&P 500 Index | 11.24% | 8.10% | 25.46% | 18.02% | -9.86% | 28.09% | 12.84% | 23.98% | -0.68% | 9.09% |
Correlation
The correlation between SPLT.L and ^GSPC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.12 |
The correlation between SPLT.L and ^GSPC shifts across timeframes, from 0.07 (5 years) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SPLT.L vs. ^GSPC — Risk / Return Rank
SPLT.L
^GSPC
SPLT.L vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Platinum ETC (SPLT.L) and S&P 500 Index (^GSPC). 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.
| SPLT.L | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 3.53 | -1.35 |
| Martin ratioReturn relative to average drawdown | 4.51 | 13.19 | -8.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPLT.L | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 2.46 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.86 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.80 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.58 | -0.53 |
Drawdowns
SPLT.L vs. ^GSPC - Drawdown Comparison
The maximum SPLT.L drawdown since its inception was -58.05%, which is greater than ^GSPC's maximum drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for SPLT.L and ^GSPC.
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Drawdown Indicators
| SPLT.L | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.05% | -37.07% | -20.98% |
Max Drawdown (1Y)Largest decline over 1 year | -33.87% | -8.03% | -25.84% |
Max Drawdown (3Y)Largest decline over 3 years | -33.87% | -22.15% | -11.72% |
Max Drawdown (5Y)Largest decline over 5 years | -33.87% | -22.15% | -11.72% |
Max Drawdown (10Y)Largest decline over 10 years | -45.00% | -26.01% | -18.99% |
Current DrawdownCurrent decline from peak | -32.43% | 0.00% | -32.43% |
Average DrawdownAverage peak-to-trough decline | -34.19% | -5.32% | -28.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 2.15% | +14.26% |
Volatility
SPLT.L vs. ^GSPC - Volatility Comparison
iShares Physical Platinum ETC (SPLT.L) has a higher volatility of 10.95% compared to S&P 500 Index (^GSPC) at 2.60%. This indicates that SPLT.L's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPLT.L | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.95% | 2.60% | +8.35% |
Volatility (6M)Calculated over the trailing 6-month period | 41.59% | 8.20% | +33.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.08% | 11.52% | +35.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.48% | 15.85% | +14.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.92% | 18.15% | +9.77% |
Frequently Asked Questions
SPLT.L and ^GSPC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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