SPLT.L vs. RGPM.NEO
SPLT.L (iShares Physical Platinum ETC) and RGPM.NEO (RBC Global Precious Metals Fund) are both Precious Metals funds. SPLT.L is passively managed, while RGPM.NEO is actively managed. Over the past 3 years, SPLT.L returned 18.81%/yr vs 40.61%/yr for RGPM.NEO. At a 0.26 correlation, their price movements are largely independent. SPLT.L charges 0.20%/yr vs 1.02%/yr for RGPM.NEO.
Performance
SPLT.L vs. RGPM.NEO - Performance Comparison
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Different Trading Currencies
SPLT.L is traded in GBp, while RGPM.NEO is traded in CAD. To make them comparable, the RGPM.NEO 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 RGPM.NEO's 1.78% 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%
RGPM.NEO
- 1D
- 1.24%
- 1M
- 0.90%
- YTD
- 1.78%
- 6M
- 9.18%
- 1Y
- 61.46%
- 3Y*
- 40.61%
- 5Y*
- —
- 10Y*
- —
SPLT.L vs. RGPM.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPLT.L iShares Physical Platinum ETC | -5.28% | 104.63% | -8.37% | -3.23% |
RGPM.NEO RBC Global Precious Metals Fund | 1.78% | 137.37% | 28.15% | -6.71% |
Correlation
The correlation between SPLT.L and RGPM.NEO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2023 | 0.26 |
The correlation between SPLT.L and RGPM.NEO shifts across timeframes, from 0.26 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SPLT.L vs. RGPM.NEO — Risk / Return Rank
SPLT.L
RGPM.NEO
SPLT.L vs. RGPM.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Platinum ETC (SPLT.L) and RBC Global Precious Metals Fund (RGPM.NEO). 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 | RGPM.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.10 | +0.08 |
| Martin ratioReturn relative to average drawdown | 4.51 | 5.62 | -1.11 |
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 | RGPM.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.45 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 1.19 | -1.13 |
Drawdowns
SPLT.L vs. RGPM.NEO - Drawdown Comparison
The maximum SPLT.L drawdown since its inception was -58.05%, which is greater than RGPM.NEO's maximum drawdown of -29.36%. Use the drawdown chart below to compare losses from any high point for SPLT.L and RGPM.NEO.
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Drawdown Indicators
| SPLT.L | RGPM.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.05% | -29.36% | -28.69% |
Max Drawdown (1Y)Largest decline over 1 year | -33.87% | -29.36% | -4.51% |
Max Drawdown (3Y)Largest decline over 3 years | -33.87% | -29.36% | -4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -33.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.00% | — | — |
Current DrawdownCurrent decline from peak | -32.43% | -24.16% | -8.27% |
Average DrawdownAverage peak-to-trough decline | -34.19% | -8.79% | -25.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 10.96% | +5.45% |
Volatility
SPLT.L vs. RGPM.NEO - Volatility Comparison
The current volatility for iShares Physical Platinum ETC (SPLT.L) is 10.95%, while RBC Global Precious Metals Fund (RGPM.NEO) has a volatility of 15.95%. This indicates that SPLT.L experiences smaller price fluctuations and is considered to be less risky than RGPM.NEO 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 | RGPM.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.95% | 15.95% | -5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 41.59% | 35.24% | +6.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.08% | 42.72% | +4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.48% | 32.64% | -2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.92% | 32.64% | -4.72% |
SPLT.L vs. RGPM.NEO - Expense Ratio Comparison
SPLT.L has a 0.20% expense ratio, which is lower than RGPM.NEO's 1.02% expense ratio.
Dividends
SPLT.L vs. RGPM.NEO - Dividend Comparison
Neither SPLT.L nor RGPM.NEO has paid dividends to shareholders.
Frequently Asked Questions
SPLT.L and RGPM.NEO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPLT.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPLT.L is cheaper with a 0.20% expense ratio, compared with 1.02% for RGPM.NEO.
They also come from different issuers: iShares and RBC Global Asset Management.. Their fees differ too: 0.20% for SPLT.L and 1.02% for RGPM.NEO.
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