- ISIN
- CA85207K1075
- CUSIP
- 85207K107
- Issuer
- Sprott
- Inception Date
- Oct 27, 2010
- Category
- Silver, Precious Metals
- Index Tracked
- No Index (Physical Silver)
- Domicile
- Canada
- Distribution Policy
- Accumulating
- Asset Class
- Commodity
Highlights
- Market Cap
- $14.73B
- Enterprise Value
- $14.69B
- EPS (TTM)
- $13.57
- PE Ratio
- 1.71
- PEG Ratio
- 0.00
- Total Revenue (TTM)
- $64.19M
- Gross Profit (TTM)
- $404.67M
- EBITDA (TTM)
- $8.21B
- Year Range
- $11.91 - $38.13
- ROA (TTM)
- 50.22%
- ROE (TTM)
- 50.22%
- Avg. Volume (1M)
- 7M
- Avg. Volume Value (1M)
- $135.68M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PSLV Performance Chart
Sprott Physical Silver Trust (PSLV) is down 20.5% since the beginning of the year. At $19 per share, PSLV is trading 50.7% below its 52-week high of $38. Investors who bought $1,000 worth of PSLV shares 5 years ago would now be looking at an investment worth $2,112.
Loading charts...
Compare this symbol against anything
Returns By Period
Sprott Physical Silver Trust (PSLV) has returned -20.51% so far this year and 50.16% over the past 12 months. Over the last ten years, PSLV has returned 8.96% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Sprott Physical Silver Trust
- 1D
- -1.98%
- 1M
- -3.34%
- 6M
- -28.81%
- YTD
- -20.51%
- 1Y
- 50.16%
- 3Y*
- 31.33%
- 5Y*
- 16.13%
- 10Y*
- 8.96%
- ALL TIME*
- 4.09%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PSLV Monthly Returns History
Based on dividend-adjusted daily data since Oct 29, 2010, PSLV's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.
Historically, 49% of months were positive and 51% were negative. The best month was Jul 2020 with a return of +30.6%, while the worst month was Sep 2011 at -28.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PSLV closed higher 49% of trading days. The best single day was Feb 9, 2026 with a return of +10.3%, while the worst single day was Jan 30, 2026 at -27.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.67% | 16.96% | -21.04% | -2.21% | 0.96% | -21.64% | -0.37% | -20.51% | |||||
| 2025 | 8.91% | 0.00% | 10.37% | -5.60% | 1.64% | 9.97% | 1.47% | 8.53% | 16.47% | 2.61% | 15.77% | 26.81% | 145.08% |
| 2024 | -4.95% | -1.56% | 9.66% | 7.24% | 14.85% | -2.74% | -0.20% | -0.91% | 6.42% | 6.03% | -6.86% | -6.49% | 19.43% |
| 2023 | -2.06% | -11.15% | 16.32% | 2.64% | -4.91% | -4.30% | 8.47% | -1.07% | -9.33% | 2.51% | 9.91% | -5.39% | -1.94% |
| 2022 | -2.99% | 9.00% | 3.42% | -9.46% | -7.05% | -6.50% | 0.58% | -9.22% | 5.08% | 1.06% | 12.56% | 9.43% | 2.74% |
| 2021 | 2.57% | 2.40% | -10.50% | 6.83% | 6.82% | -7.39% | -4.09% | -5.62% | -8.57% | 8.85% | -4.78% | 0.75% | -14.13% |
Benchmark Metrics
Sprott Physical Silver Trust has an annualized alpha of 4.36%, beta of 0.39, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since October 29, 2010.
- This ETF participated in 62.55% of S&P 500 Index downside but only 42.16% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.39 may look defensive, but with R2 of 0.04 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.04 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.36%
- Beta
- 0.39
- R²
- 0.04
- Upside Capture
- 42.16%
- Downside Capture
- 62.55%
Expense Ratio
PSLV has an expense ratio of 0.51%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PSLV ranks 33 for risk / return — above 33% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSLV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 2.00 | -0.99 |
| Martin ratioReturn relative to average drawdown | 1.99 | 8.49 | -6.50 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Sprott Physical Silver Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Sprott Physical Silver Trust was 79.38%, occurring on Mar 19, 2020. Recovery took 1448 trading sessions.
The current Sprott Physical Silver Trust drawdown is 48.29%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-79.38%Mar 2020 | 8y 11mo | 5y 9mo | 14y 8moApr 2011 - Dec 2025 | COVID crash2020 |
-50.83%Jul 2026 | 5mo 18d | — | 6mo 5dJan 2026 - now | — |
-16.84%Jan 2011 | 22d | 24d | 1mo 16dJan 2011 - Feb 2011 | — |
-9.91%Mar 2011 | 8d | 5d | 13dMar 2011 - Mar 2011 | — |
-9.18%Dec 2025 | 2d | 6d | 8dDec 2025 - Jan 2026 | — |
Drawdown Indicators
| PSLV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.38% | -56.78% | -22.60% |
Max Drawdown (1Y)Largest decline over 1 year | -50.83% | -9.10% | -41.73% |
Max Drawdown (3Y)Largest decline over 3 years | -50.83% | -18.90% | -31.93% |
Max Drawdown (5Y)Largest decline over 5 years | -50.83% | -25.43% | -25.40% |
Max Drawdown (10Y)Largest decline over 10 years | -50.83% | -33.92% | -16.91% |
Current DrawdownCurrent decline from peak | -48.29% | -1.58% | -46.71% |
Average DrawdownAverage peak-to-trough decline | -58.02% | -10.70% | -47.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.92% | 2.14% | +23.78% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PSLV
Add Sprott Physical Silver Trust to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PSLV