SPPP.L vs. GGP.L
SPPP.L (Invesco Physical Platinum) is Precious Metals fund tracking the Platinum, while GGP.L (Greatland Gold plc) is a stock. Over the past 10 years, SPPP.L returned 7.15%/yr vs 60.56%/yr for GGP.L. At a 0.10 correlation, their price movements are largely independent.
Performance
SPPP.L vs. GGP.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPPP.L achieves a -5.12% return, which is significantly lower than GGP.L's 37.64% return. Over the past 10 years, SPPP.L has underperformed GGP.L with an annualized return of 7.15%, while GGP.L has yielded a comparatively higher 60.56% annualized return.
SPPP.L
- 1D
- 0.34%
- 1M
- -3.04%
- YTD
- -5.12%
- 6M
- 13.96%
- 1Y
- 74.71%
- 3Y*
- 17.70%
- 5Y*
- 11.26%
- 10Y*
- 7.15%
GGP.L
- 1D
- -0.42%
- 1M
- -1.03%
- YTD
- 37.64%
- 6M
- 77.66%
- 1Y
- 145.72%
- 3Y*
- 67.02%
- 5Y*
- 12.17%
- 10Y*
- 60.56%
SPPP.L vs. GGP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPPP.L Invesco Physical Platinum | -5.12% | 104.81% | -8.43% | -10.70% | 22.05% | -6.96% | 4.80% | 17.40% | -9.50% | -7.13% |
GGP.L Greatland Gold plc | 37.64% | 309.83% | -35.50% | 23.25% | -50.00% | -56.64% | 1,950.00% | -0.55% | -2.95% | 997.06% |
Correlation
The correlation between SPPP.L and GGP.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.10 |
Over the past year, SPPP.L and GGP.L have become more correlated (0.42) than their long-term average of 0.10, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPPP.L vs. GGP.L — Risk / Return Rank
SPPP.L
GGP.L
SPPP.L vs. GGP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Platinum (SPPP.L) and Greatland Gold plc (GGP.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.
| SPPP.L | GGP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 4.13 | -1.92 |
| Martin ratioReturn relative to average drawdown | 4.60 | 10.73 | -6.14 |
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 charts...
Sharpe Ratios by Period
| SPPP.L | GGP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 2.25 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.19 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.67 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.15 | +0.09 |
Drawdowns
SPPP.L vs. GGP.L - Drawdown Comparison
The maximum SPPP.L drawdown since its inception was -44.86%, smaller than the maximum GGP.L drawdown of -98.48%. Use the drawdown chart below to compare losses from any high point for SPPP.L and GGP.L.
Loading charts...
Drawdown Indicators
| SPPP.L | GGP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.86% | -98.48% | +53.62% |
Max Drawdown (1Y)Largest decline over 1 year | -33.68% | -35.27% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -33.68% | -55.65% | +21.97% |
Max Drawdown (5Y)Largest decline over 5 years | -33.68% | -76.82% | +43.14% |
Max Drawdown (10Y)Largest decline over 10 years | -44.86% | -86.35% | +41.49% |
Current DrawdownCurrent decline from peak | -32.01% | -9.69% | -22.32% |
Average DrawdownAverage peak-to-trough decline | -18.87% | -65.13% | +46.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.21% | 13.57% | +2.64% |
Volatility
SPPP.L vs. GGP.L - Volatility Comparison
The current volatility for Invesco Physical Platinum (SPPP.L) is 10.55%, while Greatland Gold plc (GGP.L) has a volatility of 13.35%. This indicates that SPPP.L experiences smaller price fluctuations and is considered to be less risky than GGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPPP.L | GGP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.55% | 13.35% | -2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 41.83% | 41.61% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.25% | 64.83% | -17.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.09% | 64.86% | -24.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.97% | 90.93% | -53.96% |
Dividends
SPPP.L vs. GGP.L - Dividend Comparison
Neither SPPP.L nor GGP.L has paid dividends to shareholders.
Frequently Asked Questions
SPPP.L and GGP.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SPPP.L and GGP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer