Commodities: Precious Metals Platinum
With 4 ETFs and over $529.73M in combined AUM, the Commodities: Precious Metals Platinum segment provides exposure to the Global space with a focus on Platinum securities.
Year-to-date, the best-performing ETF in the segment is the ETRACS UBS Bloomberg CMCI Platinum Total Return ETN (PTM), with a total return of -1.96%. Meanwhile, the most popular ETF is the ETFS Physical Platinum Shares (PPLT) with $511.44MB in assets under management.
Investors should take a look at the ETFS Physical Platinum Shares (PPLT). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. The ETFS Physical Platinum ETF tracks the platinum spot price less holding costs using platinum bullion held in London and Zurich. PPLT has an expense ratio of 0.60% and tracks the Platinum Spot.
ETF.com Efficiency Insight
The average efficiency score in the Commodities: Precious Metals Platinum segment is 85 out of 100, with the ETFS Physical Platinum Shares(PPLT) obtaining the highest rating of 90 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.55% per year, with the iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGMB) having the lowest expense ratio, charging investors 0.45% yearly.
Investors should look for funds with tight tracking, such as the iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGMB), with a 12-month median tracking difference of --.
ETF.com Tradability Insight
The average tradability score in the Commodities: Precious Metals Platinum segment is 66 out of 100, with the ETFS Physical Platinum Shares(PPLT) obtaining the highest rating of 97 out of 100.
The ETFS Physical Platinum Shares (PPLT) is the undisputed segment leader when it comes to liquidity. The fund trades 2.78M in daily average volume. Investors should also find ample liquidity in the GraniteShares Platinum Trust (PLTM), with $47.38K in daily dollar volume.
Use limit orders to trade funds such as the ETRACS UBS Bloomberg CMCI Platinum Total Return ETN(PTM), due to their double-digit market spreads.
ETF.com Fit Insight
The Platinum Spot has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to PPLT. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, PTM follows a Laddered strategy and obtains a low Fit score compared with our neutral benchmark.