Platinum and other precious metals are a way to diversify your investment portfolio. Demand for these metals could also steadily increase as the electric vehicle (EV) market grows and the use of semiconductors increases with the popularity of artificial intelligence (AI).
If you want to invest in platinum, exchange-traded funds (ETFs) are generally the most convenient option. Here are the top platinum ETFs to consider for your portfolio.
Top platinum ETFs in 2025
Top platinum ETFs in 2025
Platinum is a precious metal with multiple industrial uses. It’s found in electric car batteries, as well as some fuel cells (such as hydrogen) used in the energy grid. Platinum is also used in the manufacture of semiconductors and other electrical components, medical devices, and industrial chemicals.
However, platinum mining stocks are small and highly volatile in price, and many aren’t publicly traded in the U.S. Platinum prices rallied during the COVID-19 pandemic but are still down more than 15% over the last decade. Given the difficulty with investing in platinum, that’s where a platinum ETF or another precious metals ETF might come into play.
Exchange-Traded Fund (ETF)
| Name and ticker | Current price | Market cap |
|---|---|---|
| Abrdn Platinum ETF Trust - Abrdn Physical Platinum Shares ETF (NYSEMKT:PPLT) | $96.44 | |
| GraniteShares Platinum Trust (NYSEMKT:PLTM) | $10.19 | |
| iShares - iShares Msci Global Metals & Mining Producers ETF (NYSEMKT:PICK) | $36.81 |
1. Abrdn Physical Platinum Shares ETF
1. Abrdn Physical Platinum Shares ETF
First up is the Abrdn Physical Platinum Shares ETF from asset manager Abrdn (formerly Standard Life Aberdeen). The ETF’s objective is to mirror the price of platinum, less a fund fee of 0.6% annually ($6 for every $1,000 invested).
The portfolio, worth $1.05 billion as of March 2025, consists of platinum bars stored in a JPMorgan Chase (JPM 0.23%) vault in London. Given that platinum prices have declined over the past decade, the Abrdn Physical Platinum Shares ETF is down, too. Minus the fee, this ETF has underperformed the price of platinum and the stock market overall.
While the annual fee isn't cheap, Abrdn is one of the largest platinum ETFs, making it a fairly safe option. Launched in 2010, it has also been around longer than many of its competitors.
2. GraniteShares Platinum Trust
2. GraniteShares Platinum Trust
GraniteShares is a newer asset manager, having launched its first ETF in 2017. Its platinum offering, the GraniteShares Platinum Trust, was launched in 2018. Its expense ratio is 0.5% per year.
The GraniteShares Platinum Trust also represents a physical portfolio of platinum ingots kept in a vault. The vault is audited twice per year, and inspection reports are available on the GraniteShares website.
Although it has a lower annual expense ratio than Abrdn’s ETF, GraniteShares Platinum Trust has also underperformed the price of platinum since the fund’s inception due to the annual expense.
3. iShares MSCI Global Metals & Mining Producers ETF
3. iShares MSCI Global Metals & Mining Producers ETF
If you’re interested in directly investing in mining stocks, consider the iShares MSCI Global Metals & Mining Producers ETF. This is not a pure play on platinum or precious metals. Rather, the ETF portfolio consists of more than 260 global mining stocks. It has an annual expense ratio of only 0.39%.
Although this is not a direct investment in platinum, iShares MSCI Global Metals & Mining Producers ETF is worth a look. It has an average annual return of more than 13% over the last five years, and it pays a high dividend, so it could be a more profitable investment than an ETF that only holds platinum.
Related investing topics
Should you invest in platinum ETFs?
Platinum is an interesting asset if you're considering investing in commodities. The demand for precious metals could increase in the coming years as cars and trucks go electric and as other parts of the global energy grid make use of renewable energy sources. However, like other mined commodities, platinum prices will be volatile and unpredictable.
