ETC · Invesco
SPAP Invesco Physical Palladium ETC
ISIN IE00B4LJS984London Stock Exchange: SPAPInvesco Ltd.
Latest close
LSE£86.53
on
- Ongoing charge
- 0.19% a year
- Fund size
- £16.4m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, SPAP (Invesco Physical Palladium ETC, ISIN IE00B4LJS984) closed at £86.53 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 30/09/2026 its total return was −33.9%, or −48.4% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +14.8%
- +11.2% after inflation (UK CPIH)
- 3 years to 30/09/2026
- −6.7%
- −15.8% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −33.9%
- −48.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £661 on 30/09/2026 — about £516 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Charges compared with similar funds
- Ongoing charge
- 0.19%
- a year
- On £10,000
- £19
- a year, roughly
- Over five years
- £95
- of £10,000, before growth
- 9 charge less
- 8 the same
- 120 charge more
Ongoing charge of Invesco Physical Palladium ETC 0.19% a year, as of 01/10/2026: 120 of the 137 other gold and commodity funds charge more, 8 the same and 9 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Physical Palladium ETC is an exchange-traded commodity (ETC) from Invesco, launched in 2011.
It tracks the Disc. Palladium London PM Fix ($/ozt).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Gold & commodities: Gold, silver, oil and other raw materials. They pay no dividends or interest — returns come only from price changes.
Key facts
- Ticker
- SPAP
- ISIN
- IE00B4LJS984
- Provider
- Invesco
- Tracks
- Disc. Palladium London PM Fix ($/ozt)
- Structure
- ETC
- An exchange-traded commodity: a security backed by a commodity such as gold, traded like a share.
- Ongoing charge
- 0.19% a year · about £19 on £10,000
- Fund size
- £16.4m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Gold & commodities
Price chart
Since 13/08/2026, the closing price went from £93.34 on 13/08/2026 to £86.53 on 30/09/2026 (−7.3%). The lowest close shown was £86.53 on 30/09/2026 and the highest £102.10 on 31/08/2026.
Chart: closing prices we have recorded since 13/08/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
7 weekly closes, from 13/08/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Questions people ask
What is the ongoing charge of SPAP?
The ongoing charge of SPAP is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Physical Palladium ETC 0.19% a year, as of 01/10/2026: 120 of the 137 other gold and commodity funds charge more, 8 the same and 9 less (share classes counted once).
What does SPAP track?
SPAP tracks the Disc. Palladium London PM Fix ($/ozt).
What is the ISIN of SPAP?
The ISIN of SPAP is IE00B4LJS984. An ISIN identifies one exact share class of a fund; SPAP is its ticker on the London Stock Exchange.
How has SPAP done after inflation?
Over the five years to 30/09/2026 SPAP’s total return was −33.9%, or −48.4% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SGLNiShares Physical Gold ETC0.12% a year · £22bn
- SGLPInvesco Physical Gold ETC0.12% a year · £17bn
- OGLDBorse Commodities GmbH Xetra-Gold0.36% a year · £14bn
- GLDAAmundi Physical Gold ETC0.12% a year · £7.7bn
- 0VR3Swisscanto (CH) Gold ETF EA CHF0.40% a year · £4.4bn
- PHGPWisdomTree Physical Gold0.39% a year · £4.0bn
- XGDPXtrackers IE Physical Gold ETC0.11% a year · £3.8bn
- 0MKNUBS ETF (CH) - UBS Gold ETF Units -USD acc-0.23% a year · £3.4bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Inflation
- ONS CPIH, latest month published
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.