abrdn Physical Palladium Shares ETF (PALL) Performance
PALL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −34.9% since Dec 31, 2025
- 1 year
- −28.1% total return
- 5 years
- −12.9% a year
- 10 years
- +4.7% a year
- Since first price
- +4.8% a year since 2010
PALL trailing returns vs SPY, QQQ, AGG
| Period | PALL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −17.5% | −17.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.9% | −16.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −28.7% | −28.7% | +7.8% | +8.4% | −1.5% |
| YTD | −34.9% | −34.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −28.1% | −28.1% | +14.4% | +15.9% | −1.1% |
| 3 years | −8.9%−3.1%/yr | −8.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −49.8%−12.9%/yr | −49.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +58.6%+4.7%/yr | +58.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +55.3%+3.0%/yr | +55.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJan 8, 2010 | +119.4%+4.8%/yr | +119.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PALL vs SPY
From Jan 8, 2010: PALL grew to $21,937, SPY to $89,103.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PALL returns by calendar year
9 of 15 full years positive. Best 2025 (+74.1%), worst 2023 (−38.8%). 2026 is year to date.
PALL annual returns table
| Year | PALL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −34.9% | −49.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +74.1% | −17.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −17.4% | −25.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −38.8% | −48.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.3% | −47.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −23.3% | −46.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +25.3% | −45.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +53.9% | −19.1% | +31.2% | +39.0% | +8.5% |
| 2018 | +17.2% | −25.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +55.7% | −8.2% | +21.7% | +32.7% | +3.6% |
| 2016 | +20.4% | −15.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −30.1% | −36.9% | +1.2% | +9.4% | +0.5% |
| 2014 | +11.3% | −18.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +0.6% | −19.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +7.2% | −22.6% | +16.0% | +18.1% | +3.8% |
| 2011 | −19.2% | −35.4% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PALL largest drawdowns
Now 67.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 8, 2022 | −73.6% | Aug 5, 2024 | not yet | 2.4 years | 4.6 years so far |
| Aug 29, 2014 | −48.4% | Jan 12, 2016 | Aug 17, 2017 | 1.4 years | 3.0 years |
| May 4, 2021 | −46.8% | Dec 15, 2021 | Mar 4, 2022 | 7 months | 10 months |
| Feb 27, 2020 | −45.6% | Mar 18, 2020 | Apr 26, 2021 | 20 days | 1.2 years |
| Feb 18, 2011 | −35.4% | Oct 4, 2011 | Jul 8, 2014 | 7 months | 3.4 years |
| Apr 22, 2010 | −26.0% | May 20, 2010 | Sep 29, 2010 | 28 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PALL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | −1.8% | −9.4% | +4.6% | +5.9% |
| Volatility (annualized) | 31.1% | 31.6% | 30.6% | 29.8% |
| Sharpe ratio | -0.05 | -0.27 | 0.23 | 0.30 |
| Sortino ratio | -0.06 | -0.36 | 0.33 | 0.43 |
| Best month | +15.3% | +24.7% | +24.7% | +24.7% |
| Worst month | −17.0% | −17.0% | −22.8% | −22.8% |
| Best 12 months | +92.2% | +92.2% | +92.2% | +94.2% |
| Worst 12 months | −20.4% | −46.5% | −46.5% | −46.5% |
| Positive months | 56% | 53% | 60% | 60% |
| Beta vs S&P 500 | 0.42 | 0.06 | 0.23 | — |
| Correlation with S&P 500 | 0.17 | 0.03 | 0.11 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PALL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 190 | −46.5% | +9.2% | +94.2% | 61% |
| 3-year (a year) | 166 | −31.6% | +3.2% | +48.3% | 61% |
| 5-year (a year) | 142 | −18.9% | +6.1% | +38.0% | 67% |
| 10-year (a year) | 82 | +0.0% | +9.0% | +18.8% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
PALL performance overview
abrdn Physical Palladium Shares ETF (PALL) returned −28.1% over the past year and +4.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +4.8% a year, turning $10,000 into about $21,937. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −73.6%, from Mar 8, 2022 to Aug 5, 2024; the fund has not yet regained that high. PALL finished 9 of its 15 full calendar years with a gain; the best year was 2025 (+74.1%) and the worst 2023 (−38.8%). Volatility has been 29.8% a year.
Related: PALL chart. See the PALL overview for the latest quote and fund facts.
PALL performance FAQ
What is the PALL return over the past year?
PALL returned −28.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 28.1%.
What is the average annual return of PALL?
PALL has returned −12.9% a year over 5 years, +4.7% a year over 10 years, +4.8% a year since January 8, 2010 (total return, distributions reinvested).
How much would $10,000 invested in PALL be worth?
$10,000 invested in PALL at its first recorded close on January 8, 2010 would be worth about $21,937 on October 23, 2026 with distributions reinvested.
What was the worst year for PALL?
The worst calendar year was 2023, with a total return of −38.8%. The best was 2025 at +74.1%.
What is the biggest drawdown of PALL?
The largest peak-to-trough decline was −73.6% between March 8, 2022 and August 5, 2024. It has not yet recovered to that high; it is 67.9% below its peak.
How volatile is PALL?
Over the past 3 years PALL had an annualized volatility of 31.1% and a Sharpe ratio of -0.05 (excess return over 1–3 month T-bills per unit of risk).