Recent news highlights the abrdn Palladium ETF Trust's performance and market activity, including notable price movements and recognition among top-performing commodity ETFs.

• The ETF was recognized among the best-performing commodity ETFs in late January 2026, reflecting strong market interest in palladium-related investments [N1].
• In early January 2026, the ETF was featured in discussions about key ETF stories expected to influence the market in 2026 [N2].
• The ETF was highlighted as having significant potential among off-the-beaten-path metals ETFs in early January 2026 [N3].
• In October 2025, the ETF hit a new 52-week high, indicating strong price momentum [N6].
• Technical analysis in July 2024 noted the ETF making a bullish cross above a critical moving average, signaling positive price trends [N7].
• In October 2024, the ETF shares crossed below the 200-day moving average, a notable technical event [N8].

The Trust benefits from interest in precious metals ETFs as investors seek diversification and inflation hedges. Its direct physical palladium holdings provide a straightforward investment vehicle amid volatile palladium prices influenced by supply constraints and geopolitical factors. The ETF's accessibility and cost-effectiveness may attract both retail and institutional investors seeking palladium exposure.

The Trust's performance is directly tied to the volatile price of palladium, which can be affected by changes in automotive demand, supply disruptions, and geopolitical risks. The lack of active management means the Trust cannot mitigate downside risks. Additionally, palladium's industrial demand fluctuations and competition from other precious metals may impact investor interest and share liquidity.

The Trust's moat lies in its unique offering of direct physical palladium exposure through an ETF structure, which reduces barriers to entry for investors who would otherwise face high costs and logistical challenges in owning physical palladium. Its transparent, exchange-traded nature and minimal credit risk differentiate it from derivative-based palladium investment products. The backing by a reputable sponsor and custodian further supports investor confidence.

• Price Volatility: The price of palladium is highly volatile and can be influenced by geopolitical events, supply disruptions, and changes in industrial demand, directly impacting the value of the Trust's shares.
• Market and Liquidity Risk: As an ETF, the Trust's shares are subject to market risk and liquidity risk, which may affect trading prices and the ability to buy or sell shares at desired levels.
• Operational Risk: The Trust relies on custodians and trustees for safekeeping and administration of physical palladium, exposing it to operational risks including custody and security risks.
• Regulatory Risk: Changes in regulations affecting ETFs, commodities, or palladium trading could impact the Trust's operations or investor access.

• abrdn Palladium ETF Trust is an exchange-traded fund (ETF) whose purpose is to own physical palladium bullion transferred to the Trust in exchange for shares issued by the Trust, each representing a fractional undivided beneficial interest in the Trust [S1].
• The Trust's assets consist solely of palladium bullion; it does not engage in active management or trading and has no directors, officers, or employees [S1].
• Shares trade on the NYSE Arca and provide investors with a simple and cost-effective means to gain investment exposure similar to holding physical palladium, avoiding complexities and costs of direct palladium ownership such as assay, transportation, warehousing, and insurance [S1].
• The Trust is sponsored by abrdn ETFs Sponsor LLC, with The Bank of New York Mellon as trustee and ICBC Standard Bank Plc as custodian [S1].
• The Trust does not hold or trade derivatives or commodity futures and is not registered as an investment company under the Investment Company Act of 1940 [S1].
• The investment objective is for the Shares to reflect the performance of the price of physical palladium, less Trust expenses [S1].
• The Trust's palladium holdings are primarily physical metal held by the custodian and are not subject to counterparty or credit risks typical of derivative-based products, except for a small amount temporarily held in unallocated form to facilitate creations and redemptions [S1].
• The palladium market is characterized by supply primarily from Russia and South Africa, with demand dominated by the automotive sector (autocatalysts), followed by industrial and jewelry uses; the price of palladium is volatile and influenced by geopolitical and supply factors [S1].
• Recent financial data from SEC filings as of September 30, 2026, shows a net loss of $6.153 million and basic EPS of -$0.22; cash and equivalents were reported as zero at an earlier date (December 31, 2013) [S2].
• Recent news highlights include the ETF being among best-performing commodity ETFs in early 2026, hitting new 52-week highs in late 2025, and technical price movements such as crossing critical moving averages [N1][N2][N3][N6].