Data Source: from August 1984 to February 2023 (~39 years)
Consolidated Returns as of 28 February 2023
Category: Commodities
ETF: Aberdeen Standard Physical Palladium Shares ETF (PALL)

In the last 30 Years, the Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF obtained a 8.91% compound annual return, with a 34.25% standard deviation.

The ETF is related to the following investment themes:

  • Asset Class: Commodity
  • Commodity: Palladium

Historical Returns as of Feb 28, 2023

Historical returns and Metrics of Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes

ETF Returns, up to December 2010, are retrieved using the historical series of equivalent ETFs / Assets.
ABERDEEN STANDARD PHYSICAL PALLADIUM SHARES ETF (PALL) ETF
Portfolio Metrics
Data Source: 1 August 1984 - 28 February 2023 (~39 years)
Swipe left to see all data
Metrics as of Feb 28, 2023
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~39Y)
Portfolio
Return (%)
-14.29 -24.89 -31.90 -43.81 -18.36 5.70 6.25 8.89 8.91 6.16
US Inflation (%) 0.56 1.05 1.58 6.04 5.16 3.86 2.63 2.51 2.51 2.79
Infl. Adjusted
Return (%)
-14.77 -25.67 -32.95 -47.01 -22.37 1.78 3.53 6.22 6.25 3.28
Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 26.50 33.62 31.77 30.02 33.16 34.25 32.10
Sharpe Ratio -1.73 -0.57 0.14 0.19 0.23 0.20 0.07
Sortino Ratio -2.53 -0.81 0.20 0.25 0.32 0.28 0.10
MAXIMUM DRAWDOWN
Drawdown Depth (%) -43.81 -52.23 -52.23 -52.23 -67.23 -85.34 -85.34
Start (yyyy mm) 2022 03 2021 05 2021 05 2021 05 2008 03 2001 02 2001 02
Bottom (yyyy mm) 2023 02 2023 02 2023 02 2023 02 2008 12 2003 04 2003 04
Start to Bottom (# months) 12 22 22 22 10 27 27
Start to Recovery (# months) in progress
> 12
> 22
> 22
> 22
32
214
214
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 154.88 67.37 52.28 28.76 12.13 11.87
Worst Return (%) -65.63 -41.41 -25.07 -5.72 1.24 5.09
% Positive Periods 61% 70% 72% 90% 100% 100%
MONTHS
Positive 0 0 2 4 17 35 72 143 203 256
Negative 1 3 4 8 19 25 48 97 157 207
% Positive 0% 0% 33% 33% 47% 58% 60% 60% 56% 55%
WITHDRAWAL RATES (WR)
Safe WR (%) 23.93 31.48 13.08 8.50 8.58 2.97
Perpetual WR (%) 0.00 1.75 3.41 5.86 5.88 3.17
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of Feb 28, 2023

Monthly correlations of Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF vs the main Asset Classes, over different timeframes.

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Columns are sortable (click on table header to sort).

ABERDEEN STANDARD PHYSICAL PALLADIUM SHARES ETF (PALL) ETF
Monthly correlations as of 28 February 2023
Swipe left to see all data
Correlation vs PALL
 
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
US Total Stock Market
VTI
-0.13
0.09
0.19
0.21
0.21
US Large Cap
SPY
-0.13
0.10
0.19
0.19
0.19
US Small Cap
IJR
-0.20
0.03
0.14
0.22
0.22
US REITs
VNQ
0.01
0.09
0.13
0.11
0.12
US Technology
QQQ
-0.07
0.06
0.14
0.21
0.21
Preferred Stocks
PFF
0.07
0.04
0.06
0.15
0.15
EAFE Stocks
EFA
-0.10
0.12
0.18
0.23
0.22
World All Countries
VT
-0.11
0.12
0.21
0.25
0.24
Emerging Markets
EEM
0.05
0.16
0.27
0.26
0.25
Europe
VGK
-0.17
0.12
0.18
0.23
0.23
Pacific
VPL
0.01
0.10
0.17
0.20
0.18
Latin America
FLLA
-0.31
0.15
0.22
0.26
0.25
US Total Bond Market
BND
0.12
0.07
0.06
-0.01
0.00
Long Term Treasuries
TLT
0.17
0.05
0.00
-0.11
-0.10
US Cash
BIL
-0.18
-0.05
-0.02
0.01
0.01
TIPS
TIP
0.02
0.03
0.09
0.09
0.09
Invest. Grade Bonds
LQD
0.08
0.07
0.10
0.08
0.09
High Yield Bonds
HYG
0.04
0.11
0.19
0.17
0.17
International Bonds
BNDX
0.16
0.08
0.06
0.04
0.05
Emerg. Market Bonds
EMB
0.05
0.14
0.14
0.11
0.11
Gold
GLD
0.11
0.15
0.22
0.24
0.25
Commodities
DBC
-0.35
0.16
0.23
0.26
0.26

Capital Growth as of Feb 28, 2023

An investment of 1000$, since March 1993, now would be worth 12940.68$, with a total return of 1194.07% (8.91% annualized).

The Inflation Adjusted Capital now would be 6155.47$, with a net total return of 515.55% (6.25% annualized).
An investment of 1000$, since August 1984, now would be worth 10026.56$, with a total return of 902.66% (6.16% annualized).

The Inflation Adjusted Capital now would be 3469.50$, with a net total return of 246.95% (3.28% annualized).

Drawdowns

Worst drawdowns since March 1993.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-85.34% Feb 2001 Apr 2003 27 Nov 2018 187 214
-52.23% May 2021 Feb 2023 22 in progress 22
-34.34% Apr 1995 Nov 1996 20 Jun 1997 7 27
-26.03% May 1998 Nov 1998 7 Sep 1999 10 17
-24.42% Mar 2020 May 2020 3 Mar 2021 10 13
-17.95% Mar 2000 May 2000 3 Jul 2000 2 5
-14.45% Mar 2019 May 2019 3 Sep 2019 4 7
-13.12% Aug 1993 Dec 1993 5 Jul 1994 7 12
-12.69% Aug 2000 Sep 2000 2 Nov 2000 2 4
-10.19% Aug 1997 Aug 1997 1 Jan 1998 5 6
-3.14% Nov 1994 Feb 1995 4 Mar 1995 1 5
-2.55% Feb 1998 Feb 1998 1 Mar 1998 1 2
-0.33% Aug 1994 Aug 1994 1 Oct 1994 2 3

Worst drawdowns since August 1984.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-85.34% Feb 2001 Apr 2003 27 Nov 2018 187 214
-52.40% May 1989 Dec 1991 32 Mar 1995 39 71
-52.23% May 2021 Feb 2023 22 in progress 22
-34.34% Apr 1995 Nov 1996 20 Jun 1997 7 27
-32.64% Dec 1984 Dec 1985 13 Aug 1986 8 21
-26.03% May 1998 Nov 1998 7 Sep 1999 10 17
-24.42% Mar 2020 May 2020 3 Mar 2021 10 13
-21.77% Aug 1987 Oct 1987 3 Mar 1989 17 20
-18.62% Sep 1986 Nov 1986 3 Apr 1987 5 8
-17.95% Mar 2000 May 2000 3 Jul 2000 2 5
-14.45% Mar 2019 May 2019 3 Sep 2019 4 7
-12.69% Aug 2000 Sep 2000 2 Nov 2000 2 4
-10.19% Aug 1997 Aug 1997 1 Jan 1998 5 6
-6.80% May 1987 Jun 1987 2 Jul 1987 1 3
-2.55% Feb 1998 Feb 1998 1 Mar 1998 1 2

Rolling Returns ( more details)

Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
13.94 154.88
May 2009 - Apr 2010
-65.63
Mar 2008 - Feb 2009
38.72%
2 Years
11.34 108.17
Jan 2009 - Dec 2010
-52.47
May 2001 - Apr 2003
36.59%
3 Years
10.22 67.37
Jan 1998 - Dec 2000
-41.41
Jan 2001 - Dec 2003
30.37%
5 Years
8.95 52.28
Feb 1996 - Jan 2001
-25.07
Aug 2000 - Jul 2005
27.72%
7 Years
8.34 35.50
Feb 1994 - Jan 2001
-13.20
Feb 2001 - Jan 2008
24.47%
10 Years
8.38 28.76
Feb 1991 - Jan 2001
-5.72
Mar 1999 - Feb 2009
9.88%
15 Years
8.06 18.89
Mar 2005 - Feb 2020
-5.01
Feb 2001 - Jan 2016
4.23%
20 Years
7.06 12.13
Jan 1991 - Dec 2010
1.24
Apr 1989 - Mar 2009
0.00%
30 Years
8.11 11.87
Sep 1991 - Aug 2021
5.09
Mar 1986 - Feb 2016
0.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF: Rolling Returns page.

Seasonality

Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
6.66
60%
4.48
80%
-5.06
20%
-0.19
80%
-4.17
20%
1.67
40%
2.07
40%
0.78
60%
0.69
80%
-1.52
60%
1.40
80%
3.84
80%
 Capital Growth on monthly avg returns
100
106.66
111.44
105.80
105.59
101.19
102.88
105.01
105.83
106.56
104.94
106.41
110.50
Best 24.7
2022
14.7
2019
12.8
2021
12.2
2021
2.2
2018
16.3
2019
10.2
2022
7.3
2020
10.3
2019
6.4
2019
8.8
2018
9.5
2021
Worst -9.2
2021
-14.3
2023
-10.8
2019
-16.9
2020
-13.4
2022
-3.6
2018
-4.5
2021
-6.9
2021
-22.8
2021
-14.6
2022
-13.4
2021
-5.5
2022
Monthly Seasonality over the period Mar 2018 - Feb 2023
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
2.46
40%
3.65
80%
-0.77
50%
1.39
80%
-2.41
30%
-0.37
50%
3.76
60%
0.57
50%
0.50
80%
-0.95
70%
1.34
70%
1.45
60%
 Capital Growth on monthly avg returns
100
102.46
106.20
105.38
106.85
104.27
103.89
107.80
108.41
108.96
107.92
109.37
110.95
Best 24.7
2022
14.7
2019
14.3
2016
12.2
2021
7.1
2013
16.3
2019
18.4
2016
7.3
2020
10.3
2019
6.4
2019
24.1
2016
9.5
2021
Worst -11.3
2016
-14.3
2023
-10.8
2019
-16.9
2020
-13.4
2022
-13.4
2015
-9.3
2015
-6.9
2021
-22.8
2021
-14.6
2022
-19.6
2015
-11.6
2016
Monthly Seasonality over the period Mar 2013 - Feb 2023
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
3.45
72%
3.30
62%
1.49
61%
1.16
58%
-1.73
34%
-0.74
42%
2.29
66%
-0.84
38%
-1.20
64%
0.49
56%
0.79
51%
2.57
59%
 Capital Growth on monthly avg returns
100
103.45
106.87
108.45
109.71
107.81
107.01
109.45
108.53
107.23
107.75
108.60
111.40
Best 24.7
2022
45.9
2008
25.7
2004
35.4
1998
19.3
2003
16.3
2019
28.6
2000
27.2
1986
12.5
2010
14.7
2010
24.1
2016
28.7
2001
Worst -16.1
2002
-20.7
2001
-25.5
2003
-16.9
2020
-18.8
1998
-16.5
2004
-24.6
2001
-20.0
2008
-35.7
2008
-16.1
1987
-19.6
2015
-12.4
1990
Monthly Seasonality over the period Aug 1984 - Feb 2023

Monthly/Yearly Returns

Aberdeen Standard Physical Palladium Shares ETF (PALL) ETF data source starts from August 1984: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Aug 1984 - Feb 2023
256 Positive Months (55%) - 207 Negative Months (45%)
MONTHLY RETURNS TABLE
Aug 1984 - Feb 2023
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023
-20.54 -21.61 -7.3 -14.3
2022
-6.28 -11.96 24.7 6.3 -10.5 2.0 -13.4 -3.2 10.2 -2.1 4.3 -14.6 1.8 -5.5
2021
-23.26 -28.30 -9.2 4.1 12.8 12.2 -4.2 -1.3 -4.5 -6.9 -22.8 4.1 -13.4 9.5
2020
+25.26 +23.58 17.9 11.6 -7.8 -16.9 -1.3 0.3 8.0 7.3 2.2 -4.0 7.7 2.6
2019
+53.94 +50.50 7.2 14.7 -10.8 0.1 -4.2 16.3 -1.4 0.5 10.3 6.4 2.1 6.0
2018
+17.23 +15.04 -3.5 1.4 -8.9 1.6 2.2 -3.6 -2.0 5.0 9.5 0.5 8.8 6.6
2017
+55.73 +52.51 10.8 2.2 3.5 3.6 -1.0 3.0 5.1 5.7 0.0 4.6 2.6 5.6
2016
+20.38 +17.93 -11.3 -1.1 14.3 10.8 -12.5 9.4 18.4 -5.1 7.2 -14.4 24.1 -11.6
2015
-30.09 -30.60 -3.4 6.0 -10.2 5.6 -0.1 -13.4 -9.3 -1.8 8.5 3.6 -19.6 3.3
2014
+11.30 +10.47 -1.3 5.5 4.2 4.5 3.3 0.8 3.0 4.1 -14.7 2.5 1.7 -1.2
2013
+0.58 -0.91 5.4 -2.0 5.8 -9.6 7.1 -11.8 10.1 -1.1 0.5 1.7 -2.5 -0.8
2012
+7.22 +5.38 5.2 1.9 -6.8 4.6 -10.5 -4.9 1.1 6.5 1.8 -5.0 12.6 3.0
2011
-19.16 -21.48 1.4 -1.9 -4.3 3.8 -2.5 -1.9 8.5 -5.5 -22.5 6.9 -5.3 6.3
2010
+97.16 +94.26 2.3 3.6 11.0 14.8 -15.1 -5.0 12.1 0.9 12.5 14.7 7.8 15.0
2009
+119.78 +113.96 3.5 1.3 10.3 0.7 8.8 6.0 5.4 10.3 1.7 8.5 14.1 11.6
2008
-49.86 -49.91 4.9 45.9 -22.2 -4.7 3.4 6.4 -17.6 -20.0 -35.7 -0.5 -3.6 -1.1
2007
+10.84 +6.50 1.2 4.2 0.6 4.8 -0.5 -1.2 0.1 -9.4 4.3 7.6 -6.0 6.1
2006
+30.71 +27.47 15.0 -1.7 15.3 12.1 -7.0 -9.0 -1.3 10.2 -8.3 2.2 2.2 1.5
2005
+38.80 +34.21 2.2 -3.7 10.6 -0.5 -2.5 -6.2 6.1 -5.2 6.6 14.4 16.2 -1.6
2004
-4.19 -7.21 17.8 0.2 25.7 -10.9 0.6 -16.5 1.2 -1.4 3.3 -3.9 -1.0 -12.0
2003
-18.38 -19.88 9.0 -6.3 -25.5 -14.3 19.3 -2.7 -0.8 14.0 4.8 -2.6 -8.3 2.1
2002
-46.21 -47.46 -16.1 2.2 0.5 -6.4 -2.8 -7.4 -0.3 2.9 -2.8 -2.2 -15.9 -9.7
2001
-54.18 -54.88 9.5 -20.7 -11.5 -7.5 -5.9 -6.0 -24.6 -0.7 -19.9 -12.0 7.3 28.7
2000
+112.40 +105.45 7.8 45.6 -17.4 0.9 -1.5 9.7 28.6 -12.0 -0.8 8.3 5.7 16.8
1999
+34.58 +31.06 0.3 4.6 2.1 -13.8 10.1 -5.3 4.5 1.4 8.6 6.1 1.1 13.2
1998
+64.02 +61.42 16.0 -2.6 17.7 35.4 -18.8 -3.7 5.8 -10.3 3.0 -1.8 -1.5 23.0
1997
+66.32 +63.54 1.6 23.3 -4.8 7.6 10.8 9.5 11.3 -10.2 1.6 6.5 -0.2 -1.0
1996
-4.66 -7.73 -0.5 7.3 2.0 -6.5 1.2 0.8 -1.3 -4.8 -5.0 -2.1 -1.3 6.6
1995
-18.66 -20.68 -0.4 -1.6 13.0 -6.6 -2.2 -0.3 -4.4 -4.0 -1.1 -4.2 -5.8 -1.6
1994
+28.16 +24.82 1.2 9.3 -1.7 2.1 -1.1 4.8 7.4 -0.3 0.0 5.3 -2.5 1.3
1993
+15.57 +12.47 4.2 -8.1 9.4 7.2 2.5 12.7 2.5 -11.5 0.2 3.6 -4.2 -1.2
1992
+33.33 +29.57 8.8 -3.5 2.1 -3.8 -1.8 1.6 11.3 -4.4 10.1 -2.3 1.9 11.3
1991
-1.85 -4.77 2.5 2.4 7.1 9.9 -4.5 0.5 -9.4 -8.0 2.5 4.3 -2.0 -5.1
1990
-40.00 -43.45 0.7 -4.4 -0.8 -7.8 -0.8 -1.7 0.0 -4.3 -9.9 -4.5 -3.1 -12.4
1989
+0.75 -3.73 4.5 2.9 16.0 0.0 -9.0 2.0 -7.1 -6.9 5.2 -3.5 2.9 -3.6
1988
+4.69 +0.26 -9.4 2.6 5.9 -2.4 4.1 -2.3 0.8 -2.4 -2.4 3.3 3.2 4.7
1987
+8.47 +3.87 4.2 -3.3 8.4 14.0 -4.1 -2.8 7.3 -6.8 0.0 -16.1 11.3 0.0
1986
+21.65 +20.33 9.9 0.5 4.5 -1.8 0.9 0.9 1.8 27.2 -4.8 -5.8 -9.2 0.0
1985
-25.10 -27.84 -2.9 -6.0 -3.2 -0.7 -12.6 -2.3 0.1 9.6 -4.7 2.6 -1.0 -6.1
1984
- - 6.5 0.2 0.7 2.3 -10.1

ETF Returns, up to December 2010, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

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