AIGP.L vs. SILV.L
AIGP.L (WisdomTree Precious Metals) and SILV.L (Global X Silver Miners UCITS ETF USD (Acc)) are both Precious Metals funds - AIGP.L tracks the Bloomberg Precious Metals while SILV.L tracks the Solactive Global Silver Miners Total Return v2 Index. Both are passively managed. Over the past 3 years, AIGP.L returned 26.38%/yr vs 37.77%/yr for SILV.L. A 0.78 correlation means they provide meaningful diversification when combined. AIGP.L charges 0.49%/yr vs 0.65%/yr for SILV.L.
Performance
AIGP.L vs. SILV.L - Performance Comparison
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Returns By Period
In the year-to-date period, AIGP.L achieves a -9.45% return, which is significantly higher than SILV.L's -14.54% return.
AIGP.L
- 1D
- -0.20%
- 1M
- -10.58%
- 6M
- -18.79%
- YTD
- -9.45%
- 1Y
- 27.71%
- 3Y*
- 26.38%
- 5Y*
- 15.67%
- 10Y*
- 9.36%
SILV.L
- 1D
- -1.10%
- 1M
- -21.48%
- 6M
- -26.71%
- YTD
- -14.54%
- 1Y
- 52.36%
- 3Y*
- 37.77%
- 5Y*
- —
- 10Y*
- —
AIGP.L vs. SILV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AIGP.L WisdomTree Precious Metals | -9.45% | 78.65% | 23.25% | 7.81% | -2.22% |
SILV.L Global X Silver Miners UCITS ETF USD (Acc) | -14.54% | 172.49% | 11.77% | -0.99% | -4.08% |
Correlation
The correlation between AIGP.L and SILV.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.78 |
The correlation between AIGP.L and SILV.L has been stable across timeframes, ranging from 0.78 to 0.87 - a consistent structural relationship.
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Return for Risk
AIGP.L vs. SILV.L — Risk / Return Rank
AIGP.L
SILV.L
AIGP.L vs. SILV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Precious Metals (AIGP.L) and Global X Silver Miners UCITS ETF USD (Acc) (SILV.L). 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.
| AIGP.L | SILV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.32 | -0.43 |
| Martin ratioReturn relative to average drawdown | 2.04 | 2.94 | -0.90 |
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Drawdowns
AIGP.L vs. SILV.L - Drawdown Comparison
The maximum AIGP.L drawdown since its inception was -55.04%, which is greater than SILV.L's maximum drawdown of -39.57%. Use the drawdown chart below to compare losses from any high point for AIGP.L and SILV.L.
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Drawdown Indicators
| AIGP.L | SILV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.04% | -39.57% | -15.47% |
Max Drawdown (1Y)Largest decline over 1 year | -31.19% | -39.57% | +8.38% |
Max Drawdown (3Y)Largest decline over 3 years | -31.19% | -39.57% | +8.38% |
Max Drawdown (5Y)Largest decline over 5 years | -31.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.19% | — | — |
Current DrawdownCurrent decline from peak | -31.19% | -39.57% | +8.38% |
Average DrawdownAverage peak-to-trough decline | -28.57% | -14.14% | -14.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.58% | 17.76% | -4.18% |
Volatility
AIGP.L vs. SILV.L - Volatility Comparison
The current volatility for WisdomTree Precious Metals (AIGP.L) is 7.76%, while Global X Silver Miners UCITS ETF USD (Acc) (SILV.L) has a volatility of 14.68%. This indicates that AIGP.L experiences smaller price fluctuations and is considered to be less risky than SILV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIGP.L | SILV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | 14.68% | -6.92% |
Volatility (6M)Calculated over the trailing 6-month period | 28.26% | 45.64% | -17.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.43% | 55.89% | -23.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.19% | 44.19% | -23.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.71% | 44.19% | -25.48% |
AIGP.L vs. SILV.L - Expense Ratio Comparison
AIGP.L has a 0.49% expense ratio, which is lower than SILV.L's 0.65% expense ratio.
Dividends
AIGP.L vs. SILV.L - Dividend Comparison
Neither AIGP.L nor SILV.L has paid dividends to shareholders.
Frequently Asked Questions
AIGP.L and SILV.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AIGP.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIGP.L is cheaper with a 0.49% expense ratio, compared with 0.65% for SILV.L.
AIGP.L tracks Bloomberg Precious Metals, while SILV.L tracks Solactive Global Silver Miners Total Return v2 Index. They also come from different issuers: WisdomTree and Global X. Their fees differ too: 0.49% for AIGP.L and 0.65% for SILV.L.
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