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ETFs

abrdn Physical Precious Metals Basket Shares ETF

GLTR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 22 2010
Expense Ratio
0.60%
Type
Global Commodities & Metals
Fund Owner
Aberdeen
Volume (1m avg. daily)
$2,146,457
AUM
$960,509,360
Associated Index
ETFS Physical Precious Metals Basket Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Precious Metals Basket
100.00%
Invest with GLTR

What is GLTR?

Aberdeen Standard Physical Precious Metals Basket Shares ETF ("the Shares") are issued by Aberdeen Standard Precious Metals Basket ETF Trust ("the Trust"). The investment objective of the Trust is for the Shares to reflect the performance of the price of a basket of gold, silver, platinum and palladium bullion, less the expenses of the Trusts operations. The Shares are designed for investors who want a cost effective and convenient way to invest in physically-backed precious metals.

ETFs related toGLTR

ETFs correlated to GLTR include GLD, UGL, IAU

GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
GLD
SSgA Active Trust - SPDR Gold Shares ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
SGOL
abrdn ETF - abrdn Physical Gold Shares ETF
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
IAUM
BlackRock Institutional Trust Company N.A. - iShares Gold Trust Micro
OUNZ
Merk Investments LLC - VanEck Merk Gold Trust
BAR
GraniteShares Gold Trust - GraniteShares Gold Shares
AAAU
Goldman Sachs Physical Gold ETF Trust - Goldman Sachs Physical Gold ETF
SIVR
abrdn ETF - abrdn Physical Silver Shares ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGLTR

#DGD

Diversify with Gold & the Dollar

Category

Building Blocks, Getting Defensive, Diversification

Risk Rating

Aggressive

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GLTR using Composer

FAQ

GLTR is a Global Commodities & Metals ETF. Aberdeen Standard Physical Precious Metals Basket Shares ETF ("the Shares") are issued by Aberdeen Standard Precious Metals Basket ETF Trust ("the Trust"). The investment objective of the Trust is for the Shares to reflect the performance of the price of a basket of gold, silver, platinum and palladium bullion, less the expenses of the Trusts operations. The Shares are designed for investors who want a cost effective and convenient way to invest in physically-backed precious metals.

GLTR tracks the ETFS Physical Precious Metals Basket Index.

No, GLTR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GLTR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GLTR is -0.0127%. This is the percent change in the value of GLTR over the most recent 1-month period. The 3-month return on GLTR is -0.0055%. This is the percent change in the value of GLTR over the most recent 3-month period.

The standard deviation of GLTR for the past year is 0.1848%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GLTR include CPER, SLVO, and PPLT.

ETFs correlated to GLTR include GLD, UGL, and IAU.

ETFs that are inversely correlated to GLTR include GLL, ZSL, and GDXD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.