SPLT.L vs. SPDM.L
Compare and contrast key facts about iShares Physical Platinum ETC (SPLT.L) and iShares Physical Palladium ETC (SPDM.L).
SPLT.L and SPDM.L 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. 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. Both SPLT.L and SPDM.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPLT.L or SPDM.L.
Key characteristics
| SPLT.L | SPDM.L | |
|---|---|---|
| YTD Return | -3.86% | -10.25% |
| 1Y Return | 4.71% | -15.20% |
| 3Y Return (Ann) | -0.65% | -19.68% |
| 5Y Return (Ann) | 1.72% | -10.80% |
| 10Y Return (Ann) | -0.63% | 4.96% |
| Sharpe Ratio | 0.14 | -0.40 |
| Sortino Ratio | 0.37 | -0.37 |
| Omega Ratio | 1.04 | 0.96 |
| Calmar Ratio | 0.08 | -0.23 |
| Martin Ratio | 0.37 | -0.80 |
| Ulcer Index | 9.27% | 20.00% |
| Daily Std Dev | 25.16% | 39.90% |
| Max Drawdown | -58.05% | -70.87% |
| Current Drawdown | -37.75% | -66.07% |
Correlation
The correlation between SPLT.L and SPDM.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.
Performance
SPLT.L vs. SPDM.L - Performance Comparison
In the year-to-date period, SPLT.L achieves a -3.86% return, which is significantly higher than SPDM.L's -10.25% return. Over the past 10 years, SPLT.L has underperformed SPDM.L with an annualized return of -0.63%, while SPDM.L has yielded a comparatively higher 4.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPLT.L vs. SPDM.L - Expense Ratio Comparison
Both SPLT.L and SPDM.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%.
Risk-Adjusted Performance
SPLT.L vs. SPDM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Platinum ETC (SPLT.L) and iShares Physical Palladium ETC (SPDM.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.
Dividends
SPLT.L vs. SPDM.L - Dividend Comparison
Neither SPLT.L nor SPDM.L has paid dividends to shareholders.
Drawdowns
SPLT.L vs. SPDM.L - Drawdown Comparison
The maximum SPLT.L drawdown since its inception was -58.05%, smaller than the maximum SPDM.L drawdown of -70.87%. Use the drawdown chart below to compare losses from any high point for SPLT.L and SPDM.L. For additional features, visit the drawdowns tool.
Volatility
SPLT.L vs. SPDM.L - Volatility Comparison
The current volatility for iShares Physical Platinum ETC (SPLT.L) is 7.99%, while iShares Physical Palladium ETC (SPDM.L) has a volatility of 9.69%. This indicates that SPLT.L experiences smaller price fluctuations and is considered to be less risky than SPDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.