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Invesco Physical Silver ETC (SSLV.L)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE00B43VDT70
Issuer
Invesco
Inception Date
Apr 13, 2011
Leveraged
1x (No leverage)
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Physical Silver ETC, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Invesco Physical Silver ETC (SSLV.L) has returned 2.72% so far this year and 116.50% over the past 12 months. Looking at the last ten years, SSLV.L has achieved an annualized return of 17.03%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Invesco Physical Silver ETC

1D
3.66%
1M
-21.11%
YTD
2.72%
6M
58.56%
1Y
116.50%
3Y*
44.91%
5Y*
24.09%
10Y*
17.03%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 18, 2011, SSLV.L's average daily return is +0.04%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 46% of months were positive and 54% were negative. The best month was Jul 2020 with a return of +32.6%, while the worst month was Sep 2011 at -22.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SSLV.L closed higher 51% of trading days. The best single day was Sep 27, 2011 with a return of +14.9%, while the worst single day was Sep 26, 2011 at -23.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202631.47%-0.96%-21.11%2.72%
20259.02%-1.43%9.35%-3.47%0.70%9.05%1.53%7.85%17.64%4.68%14.52%28.77%147.68%
2024-2.69%-2.47%9.97%6.48%15.22%-4.03%-1.81%0.73%7.48%4.99%-6.04%-6.03%21.10%
2023-1.00%-12.26%15.49%3.73%-5.54%-3.55%9.12%-1.18%-8.54%2.34%9.84%-5.73%-0.93%
2022-3.01%8.73%2.57%-7.97%-5.63%-6.00%-0.78%-10.51%6.24%-0.55%13.35%10.33%3.59%
20212.36%-2.84%-7.81%6.85%7.22%-6.60%-1.79%-6.53%-7.13%7.52%-4.16%0.98%-12.95%

Benchmark Metrics

Invesco Physical Silver ETC has an annualized alpha of 4.86%, beta of 0.23, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since April 26, 2011.

  • This ETF participated in 85.88% of S&P 500 Index downside but only 54.54% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.23 may look defensive, but with R² of 0.02 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 0.02 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
4.86%
Beta
0.23
0.02
Upside Capture
54.54%
Downside Capture
85.88%

Expense Ratio

SSLV.L has an expense ratio of 0.19%, which is considered low.


Return for Risk

Risk / Return Rank

SSLV.L ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


SSLV.L Risk / Return Rank: 8787
Overall Rank
SSLV.L Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
SSLV.L Sortino Ratio Rank: 8787
Sortino Ratio Rank
SSLV.L Omega Ratio Rank: 9090
Omega Ratio Rank
SSLV.L Calmar Ratio Rank: 8888
Calmar Ratio Rank
SSLV.L Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco Physical Silver ETC (SSLV.L) and compare them to a chosen benchmark (S&P 500 Index).


SSLV.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.15

0.90

+1.26

Sortino ratio

Return per unit of downside risk

2.42

1.39

+1.03

Omega ratio

Gain probability vs. loss probability

1.39

1.21

+0.18

Calmar ratio

Return relative to maximum drawdown

2.89

1.40

+1.49

Martin ratio

Return relative to average drawdown

8.99

6.61

+2.39

Explore SSLV.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Invesco Physical Silver ETC doesn't pay dividends

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Physical Silver ETC. 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 Invesco Physical Silver ETC was 74.62%, occurring on Mar 18, 2020. Recovery took 1399 trading sessions.

The current Invesco Physical Silver ETC drawdown is 35.35%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.62%May 3, 20111921Mar 18, 20201399Oct 3, 20253320
-40.61%Jan 29, 202641Mar 26, 2026
-13.73%Oct 17, 20257Oct 27, 202524Nov 28, 202531
-6.03%Dec 31, 20251Dec 31, 20252Jan 5, 20263
-5.75%Jan 7, 20262Jan 8, 20262Jan 12, 20264

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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