SPLT.L vs. PPLT
Compare and contrast key facts about iShares Physical Platinum ETC (SPLT.L) and Aberdeen Standard Physical Platinum Shares ETF (PPLT).
SPLT.L and PPLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPLT.L is a passively managed fund by iShares that tracks the performance of the Platinum. It was launched on Apr 8, 2011. PPLT is a passively managed fund by Aberdeen that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 8, 2010. Both SPLT.L and PPLT 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
SPLT.L vs. PPLT - Performance Comparison
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SPLT.L vs. PPLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PPLT Aberdeen Standard Physical Platinum Shares ETF | -2.58% | 108.49% | -7.30% | -12.77% | 23.56% | -9.91% | 7.52% | 16.26% | -9.91% | -6.47% |
Different Trading Currencies
SPLT.L is traded in GBp, while PPLT is traded in USD. To make them comparable, the PPLT 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 -1.48% return, which is significantly higher than PPLT's -2.58% return. Both investments have delivered pretty close results over the past 10 years, with SPLT.L having a 7.76% annualized return and PPLT not far behind at 7.59%.
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%
PPLT
- 1D
- 3.19%
- 1M
- -15.36%
- YTD
- -2.58%
- 6M
- 26.88%
- 1Y
- 90.58%
- 3Y*
- 21.83%
- 5Y*
- 10.42%
- 10Y*
- 7.59%
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SPLT.L vs. PPLT - Expense Ratio Comparison
SPLT.L has a 0.20% expense ratio, which is lower than PPLT's 0.60% expense ratio.
Return for Risk
SPLT.L vs. PPLT — Risk / Return Rank
SPLT.L
PPLT
SPLT.L vs. PPLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Platinum ETC (SPLT.L) and Aberdeen Standard Physical Platinum Shares ETF (PPLT). 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 | PPLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.93 | 1.91 | +0.02 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.19 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.85 | -0.19 |
Martin ratioReturn relative to average drawdown | 7.93 | 8.56 | -0.63 |
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 | PPLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.91 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.35 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.28 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.08 | -0.01 |
Correlation
The correlation between SPLT.L and PPLT is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SPLT.L vs. PPLT - Dividend Comparison
Neither SPLT.L nor PPLT has paid dividends to shareholders.
Drawdowns
SPLT.L vs. PPLT - Drawdown Comparison
The maximum SPLT.L drawdown since its inception was -58.05%, roughly equal to the maximum PPLT drawdown of -59.31%. Use the drawdown chart below to compare losses from any high point for SPLT.L and PPLT.
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Drawdown Indicators
| SPLT.L | PPLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.05% | -70.73% | +12.68% |
Max Drawdown (1Y)Largest decline over 1 year | -33.87% | -34.41% | +0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -33.87% | -34.74% | +0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -45.00% | -51.14% | +6.14% |
Current DrawdownCurrent decline from peak | -29.72% | -29.34% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -34.26% | -40.08% | +5.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.37% | 11.36% | +0.01% |
Volatility
SPLT.L vs. PPLT - Volatility Comparison
iShares Physical Platinum ETC (SPLT.L) has a higher volatility of 16.33% compared to Aberdeen Standard Physical Platinum Shares ETF (PPLT) at 15.37%. This indicates that SPLT.L's price experiences larger fluctuations and is considered to be riskier than PPLT 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 | PPLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.33% | 15.37% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 41.51% | 43.24% | -1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.73% | 47.66% | -1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.18% | 30.14% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.75% | 27.53% | +0.22% |