SPPP
SPPP 1-star rating from Upturn Advisory

Sprott Physical Platinum and Palladium Trust (SPPP)

Sprott Physical Platinum and Palladium Trust (SPPP) 1-star rating from Upturn Advisory
$13.78
Last Close (24-hour delay)
Profit since last BUY9.54%
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WEAK BUY
BUY since 39 days
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Upturn Advisory Summary

11/05/2025: SPPP (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 2.62%
Avg. Invested days 46
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
ETF Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Volume (30-day avg) -
Beta -
52 Weeks Range 8.69 - 12.36
Updated Date 06/29/2025
52 Weeks Range 8.69 - 12.36
Updated Date 06/29/2025

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Sprott Physical Platinum and Palladium Trust

Sprott Physical Platinum and Palladium Trust(SPPP) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The Sprott Physical Platinum and Palladium Trust (SPPP) provides a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The Trust seeks to achieve its investment objective by purchasing and holding physical platinum and palladium bullion.

Reputation and Reliability logo Reputation and Reliability

Sprott is a well-known name in precious metals investing, known for its focus on physical bullion ownership. It is generally regarded as reliable.

Leadership icon representing strong management expertise and executive team Management Expertise

Sprott Asset Management has extensive experience in managing precious metals investments and providing specialized investment strategies.

Investment Objective

Icon representing investment goals and financial objectives Goal

To provide a secure, convenient and exchange-traded investment alternative for investors seeking exposure to physical platinum and palladium.

Investment Approach and Strategy

Strategy: The ETF's strategy is to hold physical platinum and palladium bullion.

Composition The ETF holds physical platinum and palladium bullion in allocated accounts.

Market Position

Market Share: SPPP holds a significant market share within the physically-backed platinum and palladium ETF market, though the market itself is niche.

Total Net Assets (AUM): 54471000

Competitors

Key Competitors logo Key Competitors

  • PPLT
  • PALL

Competitive Landscape

The competitive landscape is dominated by ETFs offering exposure to platinum and palladium. SPPP differentiates itself by offering direct exposure to physical bullion, which may appeal to investors seeking security and transparency. However, it faces competition from larger ETFs with greater liquidity.

Financial Performance

Historical Performance: Historical performance fluctuates with platinum and palladium prices. Data needs to be sourced from reliable financial data providers.

Benchmark Comparison: The ETF's performance should closely track the spot prices of platinum and palladium, less expenses. Needs to be compared over different time frames.

Expense Ratio: 0.49

Liquidity

Average Trading Volume

The average trading volume is relatively low compared to broader market ETFs, suggesting lower liquidity.

Bid-Ask Spread

The bid-ask spread can be wider than more liquid ETFs, potentially increasing trading costs.

Market Dynamics

Market Environment Factors

Economic growth, automotive industry demand (catalytic converters), and supply disruptions significantly influence platinum and palladium prices.

Growth Trajectory

Growth depends on the demand for platinum and palladium, which can be cyclical. Changes in automotive technology (e.g., electric vehicles) and supply constraints can drastically affect the ETF's prospects.

Moat and Competitive Advantages

Competitive Edge

SPPP offers a straightforward way to invest in physical platinum and palladium. Its advantage lies in its direct exposure to the underlying metals, providing transparency and avoiding the complexities of futures contracts. However, the expense ratio can be a disadvantage. The trust structure ensures physical ownership, appealing to investors concerned about counterparty risk.

Risk Analysis

Volatility

Platinum and palladium prices are highly volatile, leading to significant price swings in the ETF.

Market Risk

The ETF is exposed to commodity price risk, economic cycles, and industry-specific factors (e.g., changes in automotive emissions regulations).

Investor Profile

Ideal Investor Profile

Investors seeking direct exposure to platinum and palladium, particularly those concerned about counterparty risk in futures-based ETFs, may find SPPP attractive.

Market Risk

SPPP is best suited for investors with a higher risk tolerance and a long-term investment horizon, who understand the cyclical nature of commodity prices.

Summary

The Sprott Physical Platinum and Palladium Trust offers direct exposure to physical platinum and palladium bullion, providing transparency and avoiding futures contracts. However, platinum and palladium prices are volatile, so the ETF carries significant risk. The expense ratio should be taken into consideration when determining if SPPP is right for the investor. SPPP is suited for investors with a higher risk tolerance and a long-term horizon.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • Sprott Asset Management Website
  • ETF.com
  • Bloomberg
  • Financial Times

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual risk tolerance and financial situation.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Sprott Physical Platinum and Palladium Trust

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.