abrdn Physical Palladium Shares ETF

PALL

시가총액 US$5.89억

I reiterate my Buy rating on the Aberdeen Physical Palladium Shares ETF, favoring a scale-down accumulation strategy amid current price weakness. Palladium's fundamentals remain compelling, supported by limited supply from Russia and South Africa and critical industrial demand, despite ongoing bearish price action. PALL closely tracks NYMEX palladium futures, offers strong liquidity, and charges a 0.60% management fee, but is exposed to volatility and risk-off market conditions.

Four strong ETF areas gained momentum in August. Here's a look at whether they can extend their gains in September.

Aberdeen Physical Palladium Shares ETF (PALL) is rated a Buy at $23.10, with palladium prices down 47% from January 2026 highs. PALL offers attractive risk-reward as palladium approaches technical support, with bullish factors including supply risks and industrial demand. Palladium's limited liquidity increases volatility, favoring a scale-down accumulation strategy to manage risk during potential risk-off periods.

While most investors have been focused on gold's recent breakdown, there has been a broad-based sell-off in the precious metals complex, with platinum group metals feeling the brunt of the sell-off.

Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India's surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS.

abrdn Physical Palladium Shares ETF is rated a Buy after its recent correction, offering value amid ongoing precious metals bull markets. Palladium remains in a bullish trend for April 2026, having broken above key technical resistance at $1,255 per ounce and holding above this support. Palladium's rarity, concentrated supply from Russia and South Africa, and diverse industrial applications underpin a compelling bullish investment thesis.

PHILADELPHIA, April 22, 2026 /PRNewswire/ -- Aberdeen Investments announced today a 10-for-1 forward share split for the abrdn Physical Platinum Shares ETF (NYSE Arca: PPLT) and a 5-for-1 forward share split for the abrdn Physical Palladium Shares ETF (NYSE Arca: PALL). The splits will not change the total value of a shareholder's investment.

Silver mining stocks are up 124% over the past year, platinum is up 89%, and palladium has recovered 48% after years of steep losses.

Sprott Physical Platinum and Palladium Trust offers direct exposure to physical platinum and palladium, tracking their price movements effectively. Platinum and palladium rallied sharply from April 2025 lows, then corrected over 20%, presenting a potential accumulation opportunity at current levels. Both metals remain rare, with annual mine supply under 200 metric tons, and are supported by high gold and silver prices and concentrated production.

UNG, PLTM and PALL led ETF gains last week as natural gas, platinum and palladium surged amid winter shocks and rising geopolitical risks.