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ETFs

GraniteShares Platinum Shares

PLTM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 19 2018
Expense Ratio
0.50%
Type
Global Commodities & Metals
Fund Owner
GraniteShares
Volume (1m avg. daily)
$427,627
AUM
$37,008,900
Associated Index
Platinum Spot
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
PHYSICAL PLATINUM BULLION
100.00%
n/a
CASH
0.00%
Invest with PLTM

What is PLTM?

The GraniteShares Platinum Trust is designed to seek the performance of the price of the price platinum, less trust expenses.

ETFs related toPLTM

ETFs correlated to PLTM include PPLT, GLTR, SIVR

PLTM
GraniteShares Platinum Trust - GraniteShares Platinum Shares
PPLT
abrdn ETF - abrdn Physical Platinum Shares ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
SIVR
abrdn ETF - abrdn Physical Silver Shares ETF
AGQ
ProShares Trust - ProShares Ultra Silver 2x Shares
SLV
BlackRock Institutional Trust Company N.A. - iShares Silver Trust
PALL
abrdn ETF - abrdn Physical Palladium Shares ETF
SIL
Global X Funds - Global X Silver Miners ETF
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
GLD
SSgA Active Trust - SPDR Gold Shares ETF
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares

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 toPLTM

#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 PLTM using Composer

FAQ

PLTM is a Global Commodities & Metals ETF. The GraniteShares Platinum Trust is designed to seek the performance of the price of the price platinum, less trust expenses.

PLTM tracks the Platinum Spot.

No, PLTM 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, PLTM 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 PLTM is -0.0268%. This is the percent change in the value of PLTM over the most recent 1-month period. The 3-month return on PLTM is -0.0155%. This is the percent change in the value of PLTM over the most recent 3-month period.

The standard deviation of PLTM for the past year is 0.2736%. 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 PLTM include IAU, BAR, and AAAU.

ETFs correlated to PLTM include PPLT, GLTR, and SIVR.

ETFs that are inversely correlated to PLTM include ZSL, DUST, and GDXD.

Disclaimers

*

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.