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 is a commodity fund issued by Aberdeen Standard Investments with $2.08 billion in assets under management. It holds a D grade, reflecting a score of 36.7 out of 100, and ranks 19th among 22 peers in the Commodities category. The fund’s 0.6% expense ratio sits slightly above the category median of 0.595%, while it offers no dividend yield compared to the median 2.89%. Holdings breakdown data is not available for this specific vehicle.

Price action shows the fund trading at $14.05, which is near the bottom of its 52-week range at just 2.8% of the span. Short-term returns are negative across one-day, one-week, and one-month horizons, with the one-month drop reaching -11.64%. This recent weakness contrasts with a strong three-year return of +63.16%, though the one-year return of -5.25% lags the category median of +9.06%. The fund’s rating was downgraded from C to D on 2026-09-28, and price history is available for only 3.0 years.

The fund exhibits Very High volatility at 50.27% annualized, accompanied by a beta of 0.63 indicating lower sensitivity to market movements. A Sharpe ratio of -0.20 suggests poor risk-adjusted returns, while the maximum drawdown of -44.30% highlights significant historical downside. Liquidity is supported by an average daily volume of 2,330,639 shares. These metrics collectively describe a record characterized by substantial price swings and negative risk-adjusted performance.

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

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

PPLT Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 2.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.08B 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