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ETPMPM

$414.16-1.2%Silver12/100
Fund Page ↗

ETFS Physical Precious Metals Basket · ETFS

Data as at 29 March 2026

TL;DR

Holds a basket of four physically allocated precious metals — gold, silver, platinum, and palladium — in fixed proportions. Provides diversified exposure across the precious metals complex.

MER (Annual Fee)
0.49%
#2 lowest in Silver
1Y Return
+47.8%
3Y Return (p.a.)
+27.6%
Dividend Yield
-
Non-distributing
AUM
$65M
Assets under management
Avg Daily Turnover
$478K
Avg shares × unit price
Unit Price
$414.16
As at 29 March 2026
Provider
ETFS
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Strategy

Managed by ETF Securities with physically allocated holdings in all four major precious metals. Typically weighted approximately 57% gold, 27% silver, 10% platinum, and 7% palladium.

Top Holdings

Key Fact

Palladium — one of ETPMPM's four components — was briefly more expensive than gold per ounce in 2020, reaching over US$2,800 per ounce, due to supply shortages and strong demand for automotive catalytic converters.

Suited for

Investors who want broad precious metals exposure beyond just gold. Platinum and palladium have significant automotive catalyst demand, adding industrial drivers to the portfolio.

Risks

Palladium and platinum can be extremely volatile and are tied to automotive production cycles and emission regulations. Less liquid than a pure gold ETF.

ETFCheck Score12/100
Fees (40%)27
Fund Size (25%)4
Liquidity (20%)0
Yield (15%)0
How scores are calculated →
Other Silver ETFs
ETPMAG
0.49% MER
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Frequently Asked Questions - ETPMPM

What is the weighting methodology behind ETPMPM's four-metal basket?+
ETPMPM tracks a basket of physical gold, silver, platinum, and palladium, with weightings based on relative dollar values of fixed metal entitlements per unit. Gold typically dominates due to its higher price per ounce, meaning ETPMPM behaves more like a gold ETF with satellite industrial metal exposure. This makes its 32.6% one-year return largely gold-driven, with platinum and palladium contributing cyclical upside during strong economic periods.
How does ETPMPM differ from simply holding GOLD and ETPMAG separately on the ASX?+
Holding ETPMPM gives you platinum and palladium exposure that neither GOLD nor ETPMAG provides. These metals are primarily industrial, used in catalytic converters and hydrogen fuel cells, adding economic sensitivity to your precious metals allocation. However, buying GOLD and ETPMAG separately lets you control gold-to-silver ratios precisely, whereas ETPMPM's fixed entitlement structure means you accept its predetermined basket weights and a single 0.49% MER.
Is ETPMPM suitable for Australian investors hedging against inflation and currency weakness?+
ETPMPM offers a multi-metal inflation hedge since all four metals are priced in USD, providing natural protection when the Australian dollar weakens. Unlike property or inflation-linked bonds, precious metals carry no income stream, meaning no franking credits or interest for SMSF income requirements. ETPMPM works best as a strategic 5-10% portfolio allocation for Australian investors seeking diversification beyond equities and bonds during periods of monetary uncertainty.
What happens to ETPMPM's performance if the automotive industry shifts away from platinum and palladium?+
The transition to electric vehicles threatens palladium and platinum demand since EVs don't require catalytic converters, which currently consume over 30% of both metals. However, emerging hydrogen fuel cell technology could offset this decline, particularly for platinum. Since gold dominates ETPMPM's basket weighting, the fund wouldn't collapse from automotive shifts alone, but investors specifically bullish on precious metals may prefer pure gold exposure through GOLD instead.