Understanding the abrdn Physical Precious Metals Basket Shares ETF (GLTR)

What this ETF is trying to do

The GLTR ETF is an exchange-traded fund that focuses on precious metals. Instead of just tracking one metal, it acts as a "basket" for different types of precious metals.

What the numbers show

The data shows how the share price has moved over different periods of time. Because this ETF does not pay out cash to investors, the price return and the total return are the same.

• Year-to-Date (YTD): The price return is approximately -9.30%. This means the share price has gone down since the start of the current year.

• One-Year Return: The one-year price return is approximately 11.20%.

• Three-Year Return: The three-year price return is approximately 128.85%.

• Five-Year Return: The five-year total return is approximately 114.28%.

To visualize the one-year change, if you had looked at an estimated price from roughly one year ago, it was about $167.69. The current price is $186.47.

Income and distribution explanation

Some investors look for ETFs that pay them regular cash, which is called a "distribution yield." For this ETF, the distribution yield is 0%. No distributions were detected over the last 12 months. This means investors in this fund do not receive regular cash payments from it.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF steadily loses value. StockValueFinder uses an "erosion score" to measure this risk.

For GLTR, the erosion score is 100, and the label is "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag. This suggests that the fund's price movements are not currently showing signs of structural value loss.

Pros

• Strong Long-Term Growth: The three-year and five-year total returns show significant growth over those longer periods.

• Low Erosion Risk: The data indicates a healthy erosion score with no detected price erosion.

Cons

• Recent Short-Term Decline: The year-to-date price return is negative, meaning the share price has dropped recently.

• No Cash Income: Because there are no distributions, this ETF does not provide regular cash payments to investors.

Beginner takeaway

GLTR is an ETF that tracks a basket of precious metals. While it has seen a decline in price so far this year, its long-term history shows much higher returns. It is important to remember that this fund is designed for price movement rather than providing regular cash income through distributions.