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ETF Spotlight on ETFS Physical Palladium (NYSEArca: PALL), part of a weekly series.

Assets: $639.1 million

Objective: PALL tracks the physical price of palladium, minus fees and expenses

Holdings: Each share is backed by palladium bullion

What You Should Know

  • The palladium bullion is held in vaults in Zurich, Switzerland, and London
  • ETF Securities publishes a bar list on a daily basis; you can find it here
  • The expense ratio is 0.60%; there are no other costs besides this, though brokers or advisors may have their own transaction costs
  • JPMorgan Chase is the custodian of the Palladium Trust

The Latest News

  • Palladium was one of the top-performing metals in November
  • One of the primary drivers of the gains in palladium prices were concerns about its supply
  • Palladium is often used as a less-expensive alternative to platinum in industry (primarily in catalytic converters)
  • Palladium is also used in dentistry, electronics, chemicals, fuel cells and in coins – among many other things

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Palladium ETFs

Disclosure: None

Source: Spotlight on the ETFS Physical Palladium ETF