GLTR vs PLTM

GLTRBabrdn Physical Precious Metals Basket Shares ETF

PLTMBGraniteShares Platinum Trust

In short

GLTR Gold, silver, platinum and palladium in one wrapper, all held as physical bullion. GLTR is the rare one-ticker version of the entire precious-metals complex, running since 2010, and it owns the metal instead of renting exposure through futures.

PLTM Platinum, in a vault, sliced into shares. PLTM holds allocated bullion and charges 0.50% a year, undercutting the older platinum trust on fee, which is most of what separates two funds holding the same metal.

Stated mandate

GLTR The Trust holds a physical bullion basket containing gold, silver, platinum, and palladium in specified proportions, with baskets issued against bullion deposits and bullion distributed on redemptions.

PLTM The Trust seeks to reflect the price of platinum, less its expenses, through allocated physical platinum bullion.

Why people hold it

• GLTR Four metals, one ticker: the trust holds physical gold, silver, platinum and palladium in set proportions, with baskets created and redeemed in bullion rather than cash.aberdeeninvestments.com
• Trading since 2010 and now a multi-billion-dollar trust: one of the longest-standing ways to own the full metals basket inside a brokerage account.
• Because it holds bullion outright, its results have tracked the underlying metals basket closely, less expenses, among the tighter records in the physical-commodity group.
• The 0.60% fee sits right at the median for physically backed commodity funds, so the four-metal convenience is not priced above the category norm.

• PLTM At 0.50% a year it is the cheaper of the two US physical platinum trusts, and it sits under the median fee for physical commodity funds.
• Allocated bars, not futures contracts: no roll calendar, no contango math, just platinum held for the trust.graniteshares.com
• Simple mandate kept tightly since its 2018 launch: the platinum price less expenses, and one of the closer trackers among physical metal funds.

Worth knowing

• GLTR Single-metal siblings cost less: SIVR charges 0.30% and SLV 0.50%. Bundling four metals into one line item costs a little more than buying one.
• The proportions are set by the trust, and platinum and palladium bring industrial demand swings a gold-only holding does not. You cannot dial the mix yourself.
• No income here. It is a grantor trust holding metal, pays no distributions, and volume is moderate rather than heavy, so spreads deserve a glance.

• PLTM One metal, one line of exposure. Platinum moves in its own lane and can swing hard, with nothing else inside the fund to cushion it.
• No income here. Expenses are met out of the metal, so each share represents a slightly smaller slice of platinum as the years pass.
• Volume is moderate rather than mega-trust deep, so spreads and limit orders matter more when you trade in size.

Full GLTR profile⁠

Full PLTM profile⁠