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PPLT vs SPY

Comparison between abrdn Physical Platinum Shares ETF (PPLT, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed PPLT, delivering a return of +13.2% compared to +8.1%

PPLT vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
PPLT
$2.30B
Winner
SPY
$784B
Expense Ratio
PPLT
0.60%
Winner
SPY
0.09%
Max Drawdown
PPLT
70.73%
Winner
SPY
56.47%
Sharpe Ratio
PPLT
0.70
Winner
SPY
1.54
5Y Beta
Winner
PPLT
0.57
SPY
1.00
P/E Ratio
PPLT
N/A
SPY
27.62
Forward P/E
PPLT
N/A
SPY
21.11
5Y Dividends CAGR
PPLT
N/A
SPY
6.00%
5Y EPS CAGR
PPLT
N/A
SPY
25.30%
Debt to Equity
PPLT
N/A
SPY
31.11%
P/S Ratio
PPLT
N/A
SPY
3.49
P/B Ratio
PPLT
N/A
SPY
5.30

PPLT vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
PPLT
-14.37%
Winner
SPY
-1.37%
3M
PPLT
-12.06%
Winner
SPY
+12.22%
6M
PPLT
-28.09%
Winner
SPY
+7.20%
1Y
Winner
PPLT
+27.10%
SPY
+23.58%
5Y(CAGR)
PPLT
+8.07%
Winner
SPY
+13.19%
10Y(CAGR)
PPLT
+4.89%
Winner
SPY
+15.12%
Max(CAGR)
PPLT
-0.37%
Winner
SPY
+8.44%

PPLT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearPPLTSPY
2026-23.08%+7.95%
2025+120.39%+18.00%
2024-8.15%+25.59%
2023-9.35%+26.72%
2022+11.39%-18.64%
2021-10.19%+30.52%
2020+9.07%+17.28%
2019+20.72%+31.09%
2018-16.45%-5.24%
2017-1.69%+20.78%
2016+1.31%+13.59%
2015-26.37%+1.31%
2014-14.57%+14.56%
2013-12.89%+29.00%
2012+6.95%+14.17%
2011-21.69%+0.85%
2010+10.76%+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

PPLT vs SPY Drawdown Comparison

The maximum drawdown for PPLT was -70.73%, occurring on Mar 19, 2020. Recovery took 3605 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current PPLT drawdown is -40.69%. The current SPY drawdown is -3.18%.

RankPPLTSPY
#1-70.73%
Aug 22, 2011 - Dec 22, 2025
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-40.69%
Jan 23, 2026 - Jun 23, 2026
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-15.31%
Dec 26, 2025 - Jan 6, 2026
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-13.95%
Apr 22, 2010 - Nov 4, 2010
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-10.91%
Jan 19, 2010 - Apr 1, 2010
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-10.63%
Apr 29, 2011 - Aug 22, 2011
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-8.98%
Feb 8, 2011 - Apr 29, 2011
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-8.23%
Nov 4, 2010 - Jan 12, 2011
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-7.00%
Jan 6, 2026 - Jan 20, 2026
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-2.74%
Jan 19, 2011 - Feb 2, 2011
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-2.05%
Apr 14, 2010 - Apr 21, 2010
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-1.90%
Jan 11, 2010 - Jan 14, 2010
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-1.69%
Dec 23, 2025 - Dec 26, 2025
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-0.74%
Jan 14, 2010 - Jan 19, 2010
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-0.66%
Apr 9, 2010 - Apr 14, 2010
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between PPLT and SPY is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.24
-101

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