PPLT — abrdn Physical Platinum Shares ETF

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.

Overview

The abrdn Physical Platinum Shares ETF (PPLT) is a commodity fund issued by Aberdeen Standard Investments with $2.30 billion in assets under management. It holds a C grade, ranking 18th out of 22 peers in the Commodities category and 308th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.6%, which is slightly above the category median of 0.595%. It provides no dividend income, matching the 0.00% yield found across the category. Holdings breakdown data is not available for this fund.

PPLT recently received an upgrade from a D to a C grade on 2026-08-19, reflecting a shift in its rating profile. The fund has a limited price history of 3.0 years, which constrains the depth of its long-term record. Short-term momentum is evident, with returns of +4.19% over one day and +8.54% over one week. This contrasts with a -14.23% decline over the past six months and an -11.83% year-to-date loss. The current price of $17.15 sits at 34.9% of its 52-week range, indicating it is closer to its lows than its highs.

The fund exhibits Very High volatility at 50.85% annualized, suggesting significant price fluctuations. Its beta of 0.64 indicates that it moves less than the broader market, while a Sharpe ratio of 0.61 reflects its risk-adjusted return profile. A maximum drawdown of -43.98% highlights the severity of past peak-to-trough losses. Liquidity is supported by an average daily volume of 2,592,888 shares and a tight bid/ask spread of 0.06%. These metrics together describe a volatile asset with moderate market sensitivity and high trading activity.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — 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): 15.72 (as of 2026-09-08) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

PPLT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.06% and average daily volume is 2.6M/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 $2.30B 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

How PPLT Compares to Other Commodities ETFs