
abrdn Physical Platinum Shares ETF
$15.05−0.22 (−1.44%)
- 0.60%
- $2.0B
- +4.7%
- 2.5M sh
- $15.14
- low $13.70high $26.16
The ETF.net PPLT Grade
Score 59 out of 100
- 6 of 9
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C42 out of 100Rank 5 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 3 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 5 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 6 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B65 out of 100Rank 4 of 9
Our read on PPLT
BPlatinum in a vault, not a futures ledger. PPLT is a grantor trust that holds the physical metal and tracks its price after a 0.60% fee, and it has been doing that job since 2010.
The Trust is designed to track the price of physical platinum, after deducting its expenses.
Why people hold it
- Owns physical platinum inside a grantor trust instead of futures contracts, so there is no roll schedule sitting between shareholders and the metal's price.
- Tracking is the strong suit. The trust is built to mirror physical platinum after expenses, and it stays very close to that mark.
- A billion-dollar-plus trust that trades actively and has been open since 2010, a long-standing wrapper in a corner of the metals market with few options.
Worth knowing
- The 0.60% fee sits right at the middle of the physical-metals pack, and GraniteShares' PLTM charges 0.50% for exposure to the same metal.
- One metal, full stop. The ride is platinum's alone, without the smoothing of a multi-metal basket like GLTR.
- Bars in a vault throw off no cash. The trust makes no distributions, so the metal's price is the whole story.
PPLT Holdings
- Other
- 1
- 100%
- Physical Platinum
PPLT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PPLT |
|---|---|
| Year to date | −18.1% |
| 1 month | −6.1% |
| 3 months | +3.4% |
| 1 year | +4.7% |
| 3 years | +24.0% |
| 5 years | +10.1% |
| 10 years | +5.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PPLT |
|---|---|---|
| 2026 YTD | −18.1% | |
| 2025 | +124.3% | |
| 2024 | −8.9% | |
| 2023 | −8.2% | |
| 2022 | +10.5% | |
| 2021 | −10.7% | |
| 2020 | +10.8% |
PPLT in the news

First-Year Review
Kurv's silver fund paid $7.70 in year one and still lagged the metal



Price vs Value
URNJ closed 1.57% below the value of its miners Friday


PPLT Dividends
No distributions in the last 12 months.
PPLT Risk
- 31.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.66
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −44.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PPLT Cost
- The middle half of Physical Commodities funds
- Median 0.60%
4 of the 9 Physical Commodities funds charge less.
Other funds in Physical Commodities
- BPLTMGraniteShares Platinum TrustExpense ratio 0.50%1 year return +4.8%
- BGLTRabrdn Physical Precious Metals Basket Shares ETFExpense ratio 0.60%1 year return +7.0%
- BYSAGTexas Precious Metals Trust Y'all Street Physical Silver ETFExpense ratio 0.39%1 year return —
- CPALLabrdn Physical Palladium Shares ETFExpense ratio 0.60%1 year return −20.5%
- DUXRoundhill Investments - Uranium ETFExpense ratio 0.75%1 year return −1.0%