SPPP ETF — Sprott Physical Platinum and Palladium Trust

Sprott Physical Platinum and Palladium Trust (SPPP)

Updated October 16, 2026.

SPPP is an ETF. Total return is 27.6% over the past 13.8 years, 544.9 points behind SPY at 572.5%.

Sprott Physical Platinum and Palladium Trust is an exchange-traded fund that holds physical platinum and palladium bullion in Good Delivery plate or ingot form, providing direct exposure to these precious metals. The fund does not have a regular distribution schedule. This structure appeals to investors seeking commodity exposure and a way to hold physical platinum and palladium through a tradable security.

SPPP performance versus SPY

Price and return data through 2026-10-16.

Total return is 27.6% over the past 13.8 years, 544.9 points behind SPY at 572.5%. Over the past year its total return — price change plus distributions reinvested — is -18.9%. Its deepest 1-year drawdown was 45.7%.

SPPP key facts

Issuer

Sprott

Asset type

ETF

Asset class

Commodity

Inception date

12/19/2012

Distribution frequency

None

Last close

$12.63 (as of 2026-10-16)

Market cap

$522,637,760

Average volume

384410.0

Expense ratio and AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Sprott; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SPPP risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 45.7%.

Who may consider SPPP — and who may not

It is a weaker fit for investors who need monthly cash flow (SPPP does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SPPP

• All tickers starting with S

Frequently asked questions

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