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PPLT vs SIVR

abrdn Physical Platinum Shares ETF

PPLTBNYSE Arca

abrdn Physical Silver Shares ETF

SIVRANYSE Arca

Overlap

Expense ratio

SIVR −0.30pt a year

PPLT0.60%SIVR0.30%

Avg volume · 30D

PPLT 1.6×the volume

PPLT2.3MSIVR1.47M

10Y return · a year

SIVR +7.1pt

PPLT+3.3%SIVR+10.4%

PPLT vs SIVR Performance

Oct 29, 2021 – Oct 30, 2026

+37.4%PPLT+103.7%SIVR

Oct 29, 2021 to Oct 30, 2026. PPLT +37.4%. SIVR +103.7%. Use the arrow keys to read each point.200%300%400%Oct 2021Apr 2024Oct 2026
Expense ratio
PPLT 0.60%
SIVR 0.30%, better
Fund size
PPLT $1.68B
SIVR $3.45B
1Y total return
PPLT −9.3%
SIVR +1.5%, better
Holdings
PPLT 1
SIVR 1
Avg volume (30D)
PPLT 2.3M sh, better
SIVR 1.47M sh
NAV per share
PPLT $12.90
SIVR $47.57
52W range

ETF.net Grade

PPLT: Cost 41, Risk 44, Mission 95, Tradability 54, Holdings not scored, Durability 65. SIVR: Cost 92, Risk 37, Mission 89, Tradability 52, Holdings not scored, Durability 73.
Pillar letters and Scores for PPLT, SIVR, with each pillar’s weight
PillarPPLTSIVR
Cost30% weightC41A92Higher
Mission25% weightA95HigherA89
Risk15% weightC44HigherD37
Tradability15% weightC54HigherC52
Holdings10% weightNot scoredNot scored
Durability5% weightB65A73Higher

Rank among Physical Commodities funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PPLT and SIVR are both graded against the same 9 Physical Commodities funds, so their Grades compare head to head.

Physical Commodities⁠

Category · 9 funds
See all 9 ›

SIVR ranks 1st and PPLT 5th of 9 funds in the Physical Commodities Category.

  1. Rank 1ASIVRabrdn Physical Silver Shares ETFScore 74
  2. Rank 2BSLViShares Silver TrustScore 69
  3. Rank 4BGLTRabrdn Physical Precious Metals Basket Shares ETFScore 63
  4. Rank 5BPPLTabrdn Physical Platinum Shares ETFScore 59
  5. Rank 6CPALLabrdn Physical Palladium Shares ETFScore 52

Our read on each fund

ETF.net Research

PPLTBabrdn Physical Platinum Shares ETF

SIVRAabrdn Physical Silver Shares ETF

In short

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.

SIVR Silver bullion in a vault, wrapped in a ticker. SIVR has done that one job since 2009 at 0.30% a year, half the going rate for physical metal funds, and fee is most of the tracking gap here.

Stated mandate

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

SIVR The Trust seeks to track the price of physical silver, after deducting its expenses.

Why people hold it

  • 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.
  • SIVR 0.30% a year, versus a 0.60% median across physical metal funds and 0.50% at the biggest silver trust, SLV. When the mandate is just holding metal, cost is the differentiator.
  • The mandate is one sentence: track the price of physical silver after expenses. Real metal, not futures contracts, swaps, or miner stocks standing in for the metal.
  • A multi-billion-dollar trust that trades actively, so entering and exiting is usually a routine order rather than a hunt for the other side.
  • Running since 2009 and rated among the strongest implementations in the physical commodity group, on both cost and how closely it delivers its stated mandate.

Worth knowing

  • 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.
  • SIVR One metal, one price. Silver moves hard in both directions and there is no diversification inside the trust to soften it.
  • Bullion generates no cash flow, so this is a price-only holding rather than an income one.
  • It is a commodity trust, not a registered 1940 Act fund, so the legal protections and tax treatment differ from a standard stock or bond ETF.

Full PPLT profile⁠

Full SIVR profile⁠

PPLT vs SIVR Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PPLT vs SIVR Cost

Overpaying PPLT vs SIVR

$5,668

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PPLT 0.60%

    $11,817

  • SIVR 0.30%

    $6,149

$10,000
30 years

Cost over time

  • PPLT 0.60%
  • SIVR 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PPLT $11,817SIVR $6,149

Year by year

YearPPLTSIVROverpaying
10$1,076$545$531
20$4,116$2,113$2,003
30$11,817$6,149$5,668

Expense ratio

  • 0.60%PPLT
  • 0.30%SIVR, cheaper
  • Middle half of Physical Commodities funds
  • Median 0.60%

SIVR cheapest of 9 funds

PPLT 5th cheapest of 9 funds

PPLT vs SIVR Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
PPLT None
SIVR None

Distribution history

PPLTAll PPLT payments⁠

No distribution history available.

SIVRAll SIVR payments⁠

No distribution history available.

PPLT vs SIVR Risk

Fall from peak · 5 years

  • PPLT
  • SIVR
Oct 29, 2021 to Oct 30, 2026. Worst fall: SIVR −57.7% · Oct 2026. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
PPLT 32.9%, betterSIVR 37.0%
Return per unit of riskSharpe ratio, 3 years
PPLT 0.44SIVR 0.75, better
Worst fallMax drawdown, 5 years
PPLT −48.4%, betterSIVR −57.7%
Market sensitivityBeta, 5 years
PPLT 0.55SIVR 1.26

PPLT and SIVR in the news

All news⁠

Popular comparisons

  • PPLTBvsSLVB

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    Expense ratio
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