GLTR vs PPLT

GLTRBabrdn Physical Precious Metals Basket Shares ETF

PPLTBabrdn Physical Platinum Shares ETF

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.

PPLT Platinum 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.

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.

PPLT The Trust is designed to track the price of physical platinum, after deducting its expenses.

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.

• PPLT 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

• 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.

• PPLT 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.

Full GLTR profile⁠

Full PPLT profile⁠