# abrdn Physical Palladium Shares ETF (PALL)

> Source: Nexqual · https://nexqual.com/PALL · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, abrdn Physical Palladium Shares ETF (PALL), nexqual.com/PALL" · informational, not investment advice.

**Price:** USD 18.94 (-0.94% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 19.12 · day 18.86–19.14 · 52w 18.86–39.48 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -27.3% vs S&P 500 +13.4%; 5Y -49.0% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Net income | -$72.9M | -$60.5M | -$111M | -$67.6M | $322M | $28.4M |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -27.3% | -49.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -27.4% | -12.6% |
| Volatility (annualized) | 50.3% | 41.6% |
| Max drawdown | -49.1% (Jan 2026→Oct 2026) | -71.6% (Feb 2022→Feb 2024) |

## Peers
PPLT (abrdn Physical Platinum Shares ) USD 14.05 -1.06% · SPPP ("Sprott Physical Platinum and P) USD 12.05 -0.41% · SIVR (abrdn Physical Silver Shares ET) USD 51.22 -1.29% · GLTR (abrdn Physical Precious Metals ) USD 174.16 -0.78% · SGOL (abrdn Physical Gold Shares ETF) USD 38.07 -0.68%

## More
Full page: https://nexqual.com/PALL · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 32.3% | ±7.3% |
| 2026-12-18 | 56 | 35.8% | ±11.4% |
| 2027-03-19 | 147 | 34.2% | ±17.4% |
| 2027-06-17 | 237 | 38.5% | ±24.3% |