3 Funds With Exposure to Palladium

Exchange-traded funds (ETFs) that offer investors exposure to precious metals primarily focus on gold and silver. But a lesser-known option is palladium, a silvery metal used mostly in catalytic converters but that also has applications in jewelry, electronics, and dental fillings. Palladium and other platinum-group metals, such as rhodium and ruthenium, are somewhat rare, keeping their prices relatively high.

The U.S. is a relatively minor producer of palladium, generating an estimated 10,200 kilograms in 2024. Russia was the biggest producer, with an estimated 75,000 kilograms, followed by South Africa at 72,000 kilograms. Russia accounted for 39.47% of the world's palladium supply in 2020, and South Africa accounted for 37.89%.

Prices ranged from $2,500 up to $3,000 per ounce in between 2020 and 2022 before steadily dropping to less than $1,000 by early 2024. Palladium stayed below $1,200 through 2024 and into 2025. By October 2025, prices reached to over $1,500, showing a steady incline of improvement.

Investors interested in adding palladium to their portfolios might find the easiest path is through ETFs or similar vehicles.

1. abrdn Physical Palladium Shares ETF

ETF options for investing in palladium are relatively limited, but the Aberdeen Physical Palladium Shares ETF (PALL) is perhaps the only pure play ETF that solely invests in palladium. As of Sept. 30, 2025, the fund held approximately 503,738 troy ounces at a secured vault in London.

PALL fund was launched on Jan. 8, 2010, and, as of Sept. 30, 2025, has returned 6.35% annually since its inception. The annual expense ratio is 0.60%.

2. Sprott Physical Platinum & Palladium Trust

Like the Physical Palladium Shares ETF, the Sprott Physical Platinum & Palladium Trust (SPPP) also holds physical bullion as opposed to derivative securities. As of Oct. 20, 2025, the ETF held more than 238,195 ounces of platinum and 155,293 ounces of palladium.

The ETF has returned around 2.55% annually since its inception in December 2012. Trust unitholders may redeem their units for physical platinum or palladium on a monthly basis if they meet minimum redemption requirements. The fund has an annual expense ratio of 0.98%.

3. abrdn Physical Precious Metals Basket Shares ETF

The Aberdeen Physical Precious Metals Basket Shares ETF (GLTR) invests in a number of precious metals. As of Dec. 31, 2021, the fund held 309,160 ounces of gold, 61,832 ounces of palladium, 41,221 ounces of platinum, and 11.34 million ounces of silver. The metals are held at a secured vault in London. The fund has returned around 5.19% annually since its inception in October 2010. The annual expense ratio is 0.60%.