MPLX LP vs Abrdn Physical Platinum Shares ETF — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Abrdn Physical Platinum Shares ETF trades at $14.75. The key difference: MPLX LP pays a 7.54% dividend while Abrdn Physical Platinum Shares ETF pays none, and MPLX LP is trading nearer its 52-week high, Abrdn Physical Platinum Shares ETF nearer its low. Which is the better fit depends on your goals.
| MPLX | PPLT | |
|---|---|---|
Market Cap | $57.97B | — |
Sector | Technology | Commodities - Metals/Agriculture |
52-Week High | $59.17 | $25.23 |
52-Week Low | $47.80 | $11.78 |
Enterprise Value | $82.60B | — |
Dividend Yield | 7.54% | — |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →PPLT is a physically-backed ETF designed to track the spot price of platinum, less the Trust's expenses. It holds physical platinum bullion in secure vaults, providing investors with a liquid and cost-effective way to access the platinum market without the logistical challenges of direct ownership.
Read more on PPLT →