2 Ways to Play the Surging Precious Metals Rally: SLVP and PPLT

Core Insights - The iShares MSCI Global Silver and Metals Miners ETF (SLVP) and abrdn Physical Platinum Shares ETF (PPLT) have distinct structures, volatility, and recent performance, with SLVP focusing on mining companies and PPLT tracking platinum prices directly [2][3] Cost & Size Comparison - SLVP has a lower expense ratio of 0.39% compared to PPLT's 0.60%, but PPLT has a significantly larger asset base of $2.86 billion versus SLVP's $843.6 million [4][5] Performance & Risk Metrics - Over the past five years, SLVP experienced a maximum drawdown of -55.56%, while PPLT had a drawdown of -35.73%. The growth of $1,000 over five years was $2,222 for SLVP and $2,133 for PPLT [6] Fund Structure and Holdings - PPLT is designed to closely track platinum prices, avoiding equity risks, and has over $2 billion in assets with a singular focus on platinum market performance [7] - SLVP invests in approximately 30 mining companies, including Hecla Mining, Indust Penoles, and Fresnillo Plc, providing diversification but also introducing company-specific risks [8] Recent Performance Context - Both ETFs have significantly outperformed the market in the past year, with SLVP returning over 200% and PPLT around 135%, driven by rising precious metal prices amid inflation and economic uncertainty [10]