The Best Platinum ETF Guide for Investors

For investors looking to gain exposure to platinum, platinum ETFs (exchange-traded funds) offer a convenient and cost-effective solution. Through platinum ETFs, investors gain portfolio diversity and use the fund as a hedge against inflation. The big question is, what platinum ETF is the best for your budget and portfolio, and is investing with OneGold the better option?  

Platinum  

Platinum is about thirty times rarer than gold, making it a highly sought-after precious metal. The price of platinum is driven by supply and demand, geopolitical events, and economic conditions. Platinum is among the rarest and most valuable metals used in the automotive industry and in jewelry, which is why developments in the automotive sector have historically driven the price of platinum.   

The Difference Between ETFs and ETNs  

Platinum exchange-traded funds (ETFs) track the price of platinum, providing investors with a convenient way to invest in the precious metal without physically owning it. These ETFs are designed to be backed by physical platinum or platinum futures.   

For reference, platinum futures are standardized contracts that ensure platinum quality, quantity, and delivery terms are met. The price of the platinum that the investor will pay is set when the contract is made, and the transaction occurs on a specific future date. Using platinum futures is risky because the price of platinum could increase or decrease by that future date.

Derivative/Futures-Based ETNs utilize futures contracts to track the price of platinum, rather than holding physical metal, as ETFs do. Investing in these ETNs, however, brings a higher chance that the other party involved in the contract will default on their payment obligation. If they go bankrupt, you lose your investment.  

Both ETFs and ETNs come with management fees, which can erode returns over time, especially when performance is flat.   

Top Physically Backed Platinum ETFs  

Listed below are the top US-based platinum ETFs you can invest in. The following data was pulled mid-2025. 

abrdn Physical Platinum Shares ETF (PPLT)  

The platinum is fully allocated and stored at JPMorgan Chase's London vault and can be redeemed only by authorized participants. PPLT is the most highly ranked and recognized as the highest liquid platinum ETF in the United States, with approximately $1.7 billion in assets and about an average trading volume of 550,000 (July 2025). Created in 2010, this is the oldest platinum ETF in the United States. There is no retail redemption path for metal.

There is a .60% expense ratio (as of 2025) (the expense ratio expresses the sponsor and related fees as a percentage of the fund's assets, applied annually). These, on average, have a higher fee compared to other platinum ETFs. Sponsor fees are deducted from the fund's assets, reducing the net returns investors receive. The fees go to the financial firm that creates, manages, and promotes the ETF. 

Expense ratios vary. Passive index ETFs usually have very low ratios, while actively managed or specialized ETFs often have higher ones.

• One-Year Trailing Total Return: 32% (2025) 

• Annual Dividend Yield: N/A (2025)  

• Assets Under Management: $1.6 billion (July 2025)  

GraniteShares Platinum Trust (PLTM)  

Established in 2018, the GraniteShares Platinum Trust has a high reputation and a history of transparency. PLTM has about $86 million AUM and has an average monthly trading volume of about 465,000 (July 2025). The platinum is fully allocated and is stored at ICBC Standard Bank in London. PLTM has an annual cost and expense ratio of .50%, the lowest among US pure-platinum ETFs. There is no retail redemption path for metal with PLTM.  

• One-Year Trailing Total Return: 25.18% (July 2025) 

• Annual Dividend Yield: N/A (July 2025) 

• Assets Under Management: $88 million (July 2025) 

Drawbacks of Platinum ETFs  

• Annual sponsor fees erode long-term returns  

• Trading is limited to market hours  

• Geopolitical and supply risks can impact platinum price  

• Platinum ETFs are less liquid due to a smaller market size and lower investor demand, which can impact trade execution and increase bid-ask spreads  

Discover the Platinum Advantage with OneGold  

Investing in platinum through OneGold combines the best features of several investment methods into a cost-effective and convenient platform.  

With strong relationships across major mints and refineries, OneGold can offer platinum at highly competitive prices. Our access to supply is reliable, and our storage fee is just 0.3% per year. This is lower than what many banks and ETFs charge, making it a smart choice for investors who value both affordability and efficiency. 

Storage security is another key advantage. Once your purchase is complete, your platinum is either pooled or allocated specifically for you and stored in secure vaults worldwide. These facilities are managed by industry leaders APMEX and Sprott. Storage fees to store platinum through OneGold is .3%, which is lower than many ETFs and most banks.  

Your holdings are fully insured, protecting against risks such as theft, natural disasters, and other potential losses. Our insurance offers more peace of mind compared to storing metals at home.  

When you're ready to take possession of your investment, you can redeem your holdings for physical platinum. Through OneGold's connection to APMEX, you have access to a wide selection of products, including Platinum American Eagles and bars from trusted manufacturers like Valcambi and PAMP Suisse.  

Your account is safeguarded with two-factor authentication at every login, ensuring a high level of digital security. With its strong combination of protection, insurance, low fees, and redemption options, OneGold is a simple and powerful way to invest in platinum. 

Check out our vaulted platinum pricing to learn more about USP.  

OneGold's Vaulted Platinum, the US Platinum (USP)  

• Vault: APMEX/Brinks/Loomis  

• Insurance: RCM  

• Allocation: Fully Allocated  

• Storage: .3% per year billed quarterly  

Final Thoughts  

If you are an income-focused investor, platinum ETFs are not the best investment options for you. Long-term allocators who value lower costs, 24/7 access, and physical metal ownership may find OneGold's vaulted platinum more compelling.