PPLT — abrdn Physical Platinum Shares ETF
Commodities Ranked #410 of 458 tracked ETFs · Issued by Aberdeen Standard Investments
PPLT Price Performance — Growth of $10,000
Value of a $10,000 investment in PPLT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
PPLT Drawdown
The "underwater" chart: PPLT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in PPLT?
See what a lump sum in PPLT would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The abrdn Physical Platinum Shares ETF (PPLT) is a commodity-focused fund managed by Aberdeen Standard Investments that tracks the price of physical platinum. With $1.77 billion in assets under management, the fund represents a significant position within the 22 ETFs tracked in the Commodities category by ETFValuer. It currently holds an overall rank of #410 out of 458 tracked ETFs across all categories, receiving an ETFValuer grade of D with a score of 42.9 out of 100. The fund charges an expense ratio of 0.6% and offers a dividend yield of 0.00%, indicating it does not distribute income to shareholders. Trading at a price of $14.54, the fund's substantial asset base suggests considerable investor adoption despite its lower ranking relative to the broader market. This combination of high assets and a low grade highlights a divergence between market size and the fund's current performance metrics.
Recent price action shows a sharp decline, with the fund down 1.29% over one day and 1.89% over one week. The one-month return of -1.56% extends into a severe three-month drop of -19.22%, while the six-month return has fallen to -41.07%. Year-to-date performance reflects this negative trend with a loss of -25.24%, contrasting with a strong one-year return of +13.93%. The longer-term data shows significant growth, as the three-year return stands at +70.46%, indicating a recovery or rally following earlier periods. This pattern suggests a recent acceleration in losses that has temporarily overshadowed the substantial gains realized over the past three years.
The fund carries a Very High volatility label and a beta of 0.55, suggesting it experiences significant price fluctuations while moving less than the broader market in terms of systematic risk. A Sharpe ratio of 0.18 indicates that the risk-adjusted returns have been relatively low compared to the volatility incurred. The maximum drawdown of -43.98% demonstrates the fund's potential for severe capital erosion during market downturns. This combination of high volatility, a low Sharpe ratio, and a deep maximum drawdown implies that the fund has experienced periods of extreme stress where losses were substantial relative to the returns generated. Investors face a profile where high price swings and significant peak-to-trough declines characterize the fund's historical behavior.
AI-generated summary based on the data on this page.
Market Backdrop
10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What PPLT's Fees Cost You
PPLT charges an expense ratio of 0.60% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
PPLT Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is — and average daily volume is 2.4M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.77B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: PPLT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
PPLT Performance History
| Period | Return |
|---|---|
| 1-Day | -1.29% |
| 1-Week | -1.89% |
| 1-Month | -1.56% |
| 3-Month | -19.22% |
| 6-Month | -41.07% |
| YTD | -25.24% |
| 1-Year | +13.93% |
| 3-Year | +70.46% |
How PPLT Compares to Other Commodities ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #78 | B |
BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | +30.50% | 0.26% | $2.28B |
| #126 | B |
PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | +34.06% | 0.59% | $5.33B |
| #158 | B |
DJP | iPath Bloomberg Commodity Index Total Return(SM) ETN | +34.58% | 0.7% | $850M |
| #171 | B |
COMT | iShares GSCI Commodity Dynamic Roll Strategy ETF | +32.32% | 0.48% | $1.11B |
| #177 | C |
DBC | Invesco DB Commodity Index Tracking Fund | +33.34% | 0.85% | $1.58B |
| #189 | C |
GLDM | SPDR Gold MiniShares | +20.53% | 0.1% | $27.3B |
| #190 | C |
GSG | iShares S&P GSCI Commodity-Indexed Trust | +38.67% | 0.75% | $839M |
| #203 | C |
IAU | iShares Gold Trust | +20.33% | 0.25% | $60.1B |
| #204 | C |
SLV | iShares Silver Trust | +49.16% | 0.5% | $28.2B |
| #205 | C |
DBB | Invesco DB Base Metals Fund | +28.55% | 0.75% | $355M |
| #226 | C |
GLD | SPDR Gold Shares | +20.16% | 0.4% | $130B |
| #228 | C |
IAUM | iShares Gold Trust Micro | +20.58% | 0.09% | $6.31B |
| #259 | C |
SGOL | abrdn Physical Gold Shares ETF | +20.41% | 0.17% | $6.74B |
| #265 | C |
USO | United States Oil Fund, LP | +60.98% | 0.86% | $1.88B |
| #291 | C |
OUNZ | VanEck Merk Gold Trust | +20.34% | 0.25% | $2.50B |
| #300 | C |
BAR | GraniteShares Gold Trust | +20.35% | 0.1749% | $1.33B |
| #369 | C |
DBA | Invesco DB Agriculture Fund | +10.60% | 0.85% | $1.15B |
| #410 | D |
PPLT | abrdn Physical Platinum Shares ETF | +13.93% | 0.6% | $1.77B |
| #425 | D |
CPER | United States Copper Index Fund, LP | +6.95% | 0.88% | $738M |
| #451 | F |
WEAT | Teucrium Wheat Fund | +10.40% | 1% | $269M |
| #452 | F |
PALL | abrdn Physical Palladium Shares ETF | +2.52% | 0.6% | $591M |
| #457 | F |
UNG | United States Natural Gas Fund, LP | -29.14% | 1.17% | $419M |