The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund designed to reflect the performance of a diversified basket of physical precious metals. The ETF is sponsored by abrdn Investments and trades under the ticker GLTR on the NYSE Arca.

Classified as a commodity ETF, the fund provides direct exposure to physical gold, silver, platinum, and palladium through metal holdings stored in secure vaults. Its structure allows investors to access multiple precious-metals markets without the need to purchase, transport, or store the metals themselves.

The ETF follows a passive investment approach and seeks to track the value of the physical metals held by the trust. Unlike futures-based commodity products, its exposure is backed directly by allocated precious-metal holdings.

Diversification and sector exposure

GLTR provides exposure primarily associated with:

• Physical gold.

• Physical silver.

• Physical platinum.

• Physical palladium.

• Precious metals.

• Commodities.

• Real assets.

• Portfolio-diversification strategies.

The portfolio combines several precious metals with different demand drivers and market characteristics. While gold is often associated with wealth preservation and defensive positioning, silver, platinum, and palladium also play important roles in industrial production and manufacturing.

The ETF’s performance is driven by movements in global precious-metals prices and may be influenced by inflation expectations, real interest rates, global economic activity, and supply-and-demand dynamics.

Structure and costs

GLTR shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with the value of the metals held by the trust.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Because the ETF is backed by physical metals, it does not generate operating cash flows, pay dividends, or provide recurring income distributions to shareholders.

As a commodity-focused investment vehicle, the fund may behave very differently from traditional stock, bond, or cash-based investments.

History and evolution of the ETF

The abrdn Physical Precious Metals Basket Shares ETF was launched in 2010 with the objective of providing investors with diversified exposure to the global precious-metals market through a single exchange-traded vehicle.

Since inception, the fund has combined exposure to four of the most actively traded precious metals, expanding diversification opportunities within the commodity-investment universe.

In recent years, the ETF has reflected developments related to global inflation trends, industrial activity, central-bank policies, and fluctuations in demand for both safe-haven assets and strategic industrial metals.

Additional Information

abrdn Physical Precious Metals Basket Shares ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $2.79 billion.

Over the past 12 months, abrdn Physical Precious Metals Basket Shares ETF recorded a return of 26.33%, with its price trading between $153.56 and $285.22 during the same period.

The ETF is traded under the ticker GLTR.