# iShares Physical Platinum ETC (SPLT)

**Source:** https://fundology.uk/fund/splt · ISIN IE00B4LHWP62 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, SPLT (iShares Physical Platinum ETC, ISIN IE00B4LHWP62) closed at £18.33 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +73.5%, or +35.6% after UK CPIH inflation.

## Summary

iShares Physical Platinum ETC is an exchange-traded commodity (ETC) from iShares, launched in 2011. It tracks the Disc. Platinum 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 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **£18.33** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SPLT |
| ISIN | IE00B4LHWP62 |
| Category | Gold & commodities |
| Type | ETC |
| Provider | iShares |
| Tracks | Disc. Platinum London PM Fix ($/ozt) |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £200m |
| Launched | 2011 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +7.76% | +4.38% | income reinvested |
| 3 years | +67.87% | +51.48% | income reinvested |
| 5 years | +73.52% | +35.64% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Physical Platinum ETC in pounds (price only; the fund pays no income): 2022 +24.0%, 2023 −10.8%, 2024 −7.6%, 2025 +135.2%; 2026 to 30/09/2026 −25.5%. Returns of iShares Physical Platinum ETC in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +9.2%; to 30/09/2025: +55.1%; to 30/09/2024: +0.7%; to 30/09/2023: −4.7%; to 30/09/2022: +9.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +24.0% | +13.5% | Price |
| 2023 | -10.8% | -14.3% | Price |
| 2024 | -7.6% | -10.7% | Price |
| 2025 | +135.2% | +127.1% | Price |
| 2026 to 30/09/2026 | -25.5% | -27.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 44.58% | -41.47% |
| 3 years | 33.11% | -41.47% |
| 5 years | 29.67% | -41.47% |

## Largest fall

Volatility of iShares Physical Platinum ETC in pounds, annualised from weekly returns to 30/09/2026: 44.6% over 1 year, 33.1% over 3 years, 29.7% over 5 years. Largest fall in the price of iShares Physical Platinum ETC since October 2021, in pounds: −41.5% from 23/01/2026 to 17/07/2026. The lowest 12-month return of iShares Physical Platinum ETC in pounds (price only; the fund pays no income) since January 2021 was −20.8% (12 months to 10/11/2023); the highest was +164.6% (12 months to 23/01/2026). On 30/09/2026 the price of iShares Physical Platinum ETC was 36.7% below its highest weekly close since October 2021 (23/01/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Physical Platinum ETC 0.20% a year, as of 01/10/2026: 114 of the 137 other gold and commodity funds charge more, 5 the same and 18 less (share classes counted once).

## Funds tracking the same index

3 funds track Disc. Platinum London PM Fix ($/ozt), this one included and share classes counted once; their ongoing charges range from 0.19% to 0.49% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Physical Platinum ETC | 0.19% | +29.9% | +74.3% | +91.2% |
| iShares Physical Platinum ETC (this fund) | 0.20% | +7.8% | +67.9% | +73.5% |
| WisdomTree Physical Platinum | 0.49% | +7.4% | +66.4% | +71.0% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- ISA eligible: yes
- SIPP eligible: yes

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
