Share-split context: A forward split was recorded on Mar 25, 2019 with coefficient 10. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.

What this ETF is trying to do

The GraniteShares Platinum Shares (PLTM) is an exchange-traded fund (ETF) that tracks the price of platinum. Instead of buying physical metal yourself, this ETF allows you to own a share of a fund that tracks the asset.

What the numbers show

As of October 7, 2026, the share price is $15.66. Because this ETF has a history of share splits, we look at split-adjusted returns to see how it has performed.

• Year-to-Date (YTD): The price return and total return are both approximately -20.63%.

• One Year: The price return and total return are both approximately 0.26%.

• Three Years: The price return and total return are both approximately 83.37%.

• Five Years: The total return is approximately 62.45%.

This ETF has a history of a forward split. On March 25, 2019, it had a split coefficient of 10. This means each old share became 10 new shares, and the price per share fell proportionally. This change did not create a gain or a loss; it simply changed the number of shares held.

Income and distribution explanation

Some ETFs pay out cash to investors, known as distributions. However, PLTM has a distribution yield of 0% and no distributions were detected over the last 12 months. This means it does not currently provide cash income to its holders.

NAV erosion explanation

"NAV erosion" happens when the internal value of a fund's assets declines over time. StockValueFinder uses an erosion-risk score to measure this. PLTM has an erosion score of 94, which is labeled as "Stable / sideways" with "good" severity. The severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.

Pros

• Long-term Growth: The three-year and five-year total returns show significant positive growth.

• Stability Score: The erosion-risk measurement is currently rated as "good."

Cons

• Recent Decline: The year-to-date price return shows a drop of approximately 20.63%.

• No Income: This ETF does not pay distributions, so it provides no cash flow to the investor.

Beginner takeaway

PLTM is a way to track platinum without owning the metal physically. While it has shown strong growth over three and five years, it has seen a decline so far this year. Because it pays no distributions, investors rely entirely on the share price increasing to make a profit. Always remember that a high return in the past does not guarantee the same result in the future.