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

Trying to figure out alternatives ETFs? Use our alternatives ETFs channel, library and ETF screener!

Want to learn more about smart-beta ETFs? Check out our smart-beta guide, essentials library and ETF screener!

ETF DAILY DATA

Investors pulled more than $5.4 billion from equity ETFs Thursday, Sept. 3, and added to U.S. fixed-income ETFs amid a choppy recovery.

'TLT' and a roster of fixed-income ETFs paced iShares' issuer-leading inflows Thursday, Sept. 3, as total U.S.-listed ETF assets hit $2.01 trillion.

ETF.COM ANALYST BLOGS

By Dave Nadig

With many ETFs currently trading well off fair value, what’s an ETF investor to do? Don’t panic.

By Matt Hougan

Out-of-favor funds can bring attractive returns.

By Matt Hougan

New data from Charles Schwab show that the death of mutual funds is happening faster than we thought.

By Dave Nadig

Grab the popcorn. Precidian just doubled-down on its nontransparent active ETF proposal with the SEC this morning.

ETF INDUSTRY PERSPECTIVE

By John Del Vecchio

An index that goes long financially sound companies and shorts the ones with problematic balance sheets.

By Dan Draper

The nature of retirement is changing. How can investors adapt?

By Invesco PowerShares

A more in-depth look at the smart-beta survey's results.