Invesco Physical Palladium

ISIN IE00B4LJS984

 | 

Ticker SPAP

TER
0.19% p.a.
Distribution policy
Accumulating
Replication
Physical
Fund size
GBP 9 m
Inception Date
13 April 2011
 

Overview

GBP 68,08
05/05/2025 (LSE)
-0,42|-0,61%
daily change
52 weeks low/high
63,78
89,96

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Description

The palladium spot price is the price of palladium in US Dollar.
 
The ETC's TER (total expense ratio) amounts to 0,19% p.a.. The Invesco Physical Palladium is the cheapest ETC that tracks the Palladium index. The ETC replicates the performance of the underlying index with a collateralised debt obligation which is backed by physical holdings of the precious metal.
 
The Invesco Physical Palladium is a very small ETC with 9m GBP assets under management. The ETC was launched on 13 April 2011 and is domiciled in Irlande.
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Chart

05/05/2024 - 05/05/2025
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Basics

Data

Index
Palladium
Investment focus
Métaux précieux, Palladium
Fund size
GBP 9 m
Total expense ratio
0,19% p.a.
Replication Physical (Physically backed)
Legal structure ETC
Strategy risk Long-only
Sustainability Non
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
34,16%
Inception/ Listing Date 13 avril 2011
Distribution policy Accumulating
Distribution frequency -
Fund domicile Irlande
Fund Provider Invesco
Germany Pas d’exonération partielle
Switzerland Pas d’ESTV Reporting
Austria Pas de « Meldefonds »
UK UK Reporting
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

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ETF Savings plan offers

Vous trouverez ici des informations sur la disponibilité des plans d’investissement pour cet ETF. Vous pouvez utiliser le tableau pour comparer toutes les offres de plans d'investissement pour le montant d’investissement sélectionné.
 
Broker Rating Execution fee Account fee
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Source: justETF Research; As of 5/2025; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Performance

Returns overview

YTD -1.75%
1 month +0.19%
3 months -10.03%
6 months -15.26%
1 year -6.30%
3 years -60.55%
5 years -50.62%
Since inception (MAX) +43.45%
2024 -17.73%
2023 -40.92%
2022 +3.75%
2021 -18.44%

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 34.16%
Volatility 3 years 37.24%
Volatility 5 years 39.39%
Return per risk 1 year -0.18
Return per risk 3 years -0.72
Return per risk 5 years -0.33
Maximum drawdown 1 year -25.86%
Maximum drawdown 3 years -67.61%
Maximum drawdown 5 years -71.01%
Maximum drawdown since inception -71.01%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
XETRA EUR 8PSC -
-
-
-
-
gettex EUR 8PSC -
-
-
-
-
London Stock Exchange GBX SPAP -
-
-
-
-
London Stock Exchange USD SPAL -
-
-
-
-

Further information

Further ETCs on Palladium

Frequently asked questions

What is the name of SPAP?

The name of SPAP is Invesco Physical Palladium.

What is the ticker of Invesco Physical Palladium?

The primary ticker of Invesco Physical Palladium is SPAP.

What is the ISIN of Invesco Physical Palladium?

The ISIN of Invesco Physical Palladium is IE00B4LJS984.

What are the costs of Invesco Physical Palladium?

The total expense ratio (TER) of Invesco Physical Palladium amounts to 0.19% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of Invesco Physical Palladium?

The fund size of Invesco Physical Palladium is 9m GBP. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.
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