PALL vs PLTM

PALLCabrdn Physical Palladium Shares ETF

PLTMBGraniteShares Platinum Trust

In short

PALL Palladium bars, not palladium futures. Running since 2010, this abrdn trust aims to reflect the price of physical palladium after expenses: one metal, one price, no roll schedule to babysit.

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

PALL The Trust's objective is for its Shares to reflect the price performance of physical palladium, after deducting Trust expenses.

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

Why people hold it

• PALL One job, stated plainly: shares reflect the price of physical palladium after trust expenses. No futures ladder, no index committee, no tracking basket to decode.
• Trading since 2010 and an actively traded name in its physical-commodity group, so getting a position on or off is usually straightforward.
• Part of abrdn's physical metals shelf alongside silver (SIVR), platinum (PPLT) and the GLTR precious-metals basket, so shifting metals keeps you in one familiar structure.

• 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

• PALL The 0.60% expense ratio is the median for physically backed metal trusts, not a bargain. SIVR charges 0.30%, SLV and PLTM 0.50%, though those hold different metals.
• Nothing gets paid out. The whole result is the metal's price minus the trust's expenses, so there's no income to soften a flat stretch.
• One metal, one mood. This sits among the more volatile members of its physical-metals group, with no basket alongside it to smooth a rough palladium run.

• 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 PALL profile⁠

Full PLTM profile⁠