8PSB.DE vs. EMXC
8PSB.DE (Invesco Physical Silver ETC) and EMXC (iShares MSCI Emerging Markets ex China ETF) are both exchange-traded funds - 8PSB.DE is a Silver fund tracking the LBMA Silver Price, while EMXC is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index. Both are passively managed. Over the past 5 years, 8PSB.DE returned 14.52%/yr vs 13.94%/yr for EMXC. At a 0.15 correlation, their price movements are largely independent. 8PSB.DE charges 0.19%/yr vs 0.49%/yr for EMXC.
Performance
8PSB.DE vs. EMXC - Performance Comparison
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Different Trading Currencies
8PSB.DE is traded in EUR, while EMXC is traded in USD. To make them comparable, the EMXC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, 8PSB.DE achieves a -20.12% return, which is significantly lower than EMXC's 45.33% return.
8PSB.DE
- 1D
- 0.00%
- 1M
- -20.61%
- YTD
- -20.12%
- 6M
- -12.91%
- 1Y
- 67.59%
- 3Y*
- 31.35%
- 5Y*
- 14.52%
- 10Y*
- 11.06%
EMXC
- 1D
- 1.60%
- 1M
- 4.59%
- YTD
- 45.33%
- 6M
- 47.20%
- 1Y
- 71.00%
- 3Y*
- 26.56%
- 5Y*
- 13.94%
- 10Y*
- —
8PSB.DE vs. EMXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
8PSB.DE Invesco Physical Silver ETC | -20.12% | 130.25% | 18.21% | -0.84% | 4.98% | -13.65% | 47.00% | 16.08% | -9.66% | 3.23% |
EMXC iShares MSCI Emerging Markets ex China ETF | 45.33% | 19.10% | 9.46% | 15.39% | -14.58% | 16.65% | 3.46% | 18.41% | -8.87% | 4.87% |
Correlation
The correlation between 8PSB.DE and EMXC is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2017 | 0.15 |
The correlation between 8PSB.DE and EMXC shifts across timeframes, from 0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
8PSB.DE vs. EMXC — Risk / Return Rank
8PSB.DE
EMXC
8PSB.DE vs. EMXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Silver ETC (8PSB.DE) and iShares MSCI Emerging Markets ex China ETF (EMXC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| 8PSB.DE | EMXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.56 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 6.04 | -4.56 |
| Martin ratioReturn relative to average drawdown | 3.30 | 21.87 | -18.57 |
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Drawdowns
8PSB.DE vs. EMXC - Drawdown Comparison
The maximum 8PSB.DE drawdown since its inception was -76.19%, which is greater than EMXC's maximum drawdown of -37.86%. Use the drawdown chart below to compare losses from any high point for 8PSB.DE and EMXC.
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Drawdown Indicators
| 8PSB.DE | EMXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.19% | -37.86% | -38.33% |
Max Drawdown (1Y)Largest decline over 1 year | -45.60% | -11.81% | -33.79% |
Max Drawdown (3Y)Largest decline over 3 years | -45.60% | -18.28% | -27.32% |
Max Drawdown (5Y)Largest decline over 5 years | -45.60% | -18.28% | -27.32% |
Max Drawdown (10Y)Largest decline over 10 years | -45.60% | — | — |
Current DrawdownCurrent decline from peak | -45.60% | -4.09% | -41.51% |
Average DrawdownAverage peak-to-trough decline | -53.66% | -6.58% | -47.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.48% | 3.26% | +17.22% |
Volatility
8PSB.DE vs. EMXC - Volatility Comparison
Invesco Physical Silver ETC (8PSB.DE) and iShares MSCI Emerging Markets ex China ETF (EMXC) have volatilities of 14.13% and 13.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 8PSB.DE | EMXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.13% | 13.47% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 52.99% | 21.69% | +31.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.75% | 23.67% | +36.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.94% | 16.79% | +19.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.10% | 19.42% | +12.68% |
8PSB.DE vs. EMXC - Expense Ratio Comparison
8PSB.DE has a 0.19% expense ratio, which is lower than EMXC's 0.49% expense ratio.
Dividends
8PSB.DE vs. EMXC - Dividend Comparison
8PSB.DE has not paid dividends to shareholders, while EMXC's dividend yield for the trailing twelve months is around 1.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
8PSB.DE Invesco Physical Silver ETC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMXC iShares MSCI Emerging Markets ex China ETF | 1.89% | 2.82% | 2.69% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.63% | 0.99% |
Frequently Asked Questions
8PSB.DE and EMXC have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 8PSB.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
8PSB.DE is cheaper with a 0.19% expense ratio, compared with 0.49% for EMXC.
8PSB.DE is categorized as Silver, while EMXC is Emerging Markets Equities. 8PSB.DE tracks LBMA Silver Price, while EMXC tracks MSCI Emerging Markets ex China Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for 8PSB.DE and 0.49% for EMXC.
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