Why You Don’t Need Both The Palladium And Platinum ETFs

By
November 30, 2012
Share:

Investments in precious metals are growing more popular as investors seek to protect against volatile markets and a weakening dollar, but investors may not need exposure to both palladium and platinum ETFs, as their movements share a similar correlation to economic growth, according to an article on Zacks.

Both metals have continued to attract attention throughout the year, but unlike gold and silver, these two precious metals are subject to industrial needs more so than investing demand, writes Eric Dutram, contributor to the Zacks article.

Still, their short- and long-term movements do vary. For investors interested in short-term gains, the ETFS Physical Palladium Shares (NYSEArca: PALL) is probably best, while the ETFS Physical Platinum Shares (NYSEArca: PPLT) might be better suited for those focused on the long term, according to Zacks.

Visit Zacks.com to read more on the topic at hand.

 

ETF.COM CHANNELS

Interested in China? Use our China ETFs Channel, library, and ETF screener.

Interested in oil? Use our oil ETFs channel, library and ETF screener!

ETF DAILY DATA

The junk bond ETF was the biggest flows loser on Friday, May 20.

BlackRock lost assets, while Vanguard saw an increase on Friday, May 20.

ETF.COM ANALYST BLOGS

By Sumit Roy

Here's why the once-strong correlation between stocks and oil has weakened.

By Drew Voros

Leveraged and inverse funds are being traded like they were designed to be.

By Matt Hougan

This year so far, 772 ETFs have attracted assets, but one stands alone as defining where the industry is heading.

By Drew Voros

Some ETF names get right to the point; others take a lot more words to describe what they’re all about.

ETF INDUSTRY PERSPECTIVE

By Jack Fonss

An ideal ETF should be perfectly linked to its underlying.

By Adam Patti

The asset class came under criticism in 2015.

By Sprott Asset Management

New fund’s underlying index targets equities sentiment on social media.