8PSB.DE vs. WSLV.DE
8PSB.DE (Invesco Physical Silver ETC) and WSLV.DE (WisdomTree Core Physical Silver ETC) are both Silver funds tracking the LBMA Silver Price, from Invesco and WisdomTree respectively. Both are passively managed. Over the past year, 8PSB.DE returned 110.49% vs 106.89% for WSLV.DE. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.19% expense ratio.
Performance
8PSB.DE vs. WSLV.DE - Performance Comparison
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Different Trading Currencies
8PSB.DE is traded in EUR, while WSLV.DE is traded in USD. To make them comparable, the WSLV.DE 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 -2.37% return, which is significantly lower than WSLV.DE's -1.17% return.
8PSB.DE
- 1D
- 0.37%
- 1M
- 1.00%
- YTD
- -2.37%
- 6M
- 29.53%
- 1Y
- 110.49%
- 3Y*
- 42.18%
- 5Y*
- —
- 10Y*
- —
WSLV.DE
- 1D
- 0.27%
- 1M
- 1.70%
- YTD
- -1.17%
- 6M
- 29.87%
- 1Y
- 106.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
8PSB.DE vs. WSLV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
8PSB.DE Invesco Physical Silver ETC | -2.37% | 130.25% | 7.93% |
WSLV.DE WisdomTree Core Physical Silver ETC | -1.17% | 103.86% | 15.04% |
Correlation
The correlation between 8PSB.DE and WSLV.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2024 | 0.96 |
The correlation between 8PSB.DE and WSLV.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
8PSB.DE vs. WSLV.DE — Risk / Return Rank
8PSB.DE
WSLV.DE
8PSB.DE vs. WSLV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Silver ETC (8PSB.DE) and WisdomTree Core Physical Silver ETC (WSLV.DE). 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.
| 8PSB.DE | WSLV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.90 | -0.06 |
| Martin ratioReturn relative to average drawdown | 6.09 | 6.23 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 8PSB.DE | WSLV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.98 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 1.37 | -0.69 |
Drawdowns
8PSB.DE vs. WSLV.DE - Drawdown Comparison
The maximum 8PSB.DE drawdown since its inception was -38.62%, which is greater than WSLV.DE's maximum drawdown of -36.60%. Use the drawdown chart below to compare losses from any high point for 8PSB.DE and WSLV.DE.
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Drawdown Indicators
| 8PSB.DE | WSLV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -36.60% | -2.02% |
Max Drawdown (1Y)Largest decline over 1 year | -38.62% | -36.60% | -2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -38.62% | — | — |
Current DrawdownCurrent decline from peak | -33.51% | -31.72% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -11.18% | -10.32% | -0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.07% | 17.11% | +0.96% |
Volatility
8PSB.DE vs. WSLV.DE - Volatility Comparison
Invesco Physical Silver ETC (8PSB.DE) and WisdomTree Core Physical Silver ETC (WSLV.DE) have volatilities of 16.36% and 15.97%, 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 | WSLV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.36% | 15.97% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 51.95% | 50.69% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.17% | 53.70% | +4.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.63% | 44.17% | -9.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.63% | 44.17% | -9.54% |
8PSB.DE vs. WSLV.DE - Expense Ratio Comparison
Both 8PSB.DE and WSLV.DE have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
8PSB.DE vs. WSLV.DE - Dividend Comparison
Neither 8PSB.DE nor WSLV.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, 8PSB.DE and WSLV.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
8PSB.DE and WSLV.DE have the same expense ratio: 0.19% per year.
Both ETFs track LBMA Silver Price. They also come from different issuers: Invesco and WisdomTree.
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