ALGN vs. PHSP.L
ALGN (Align Technology, Inc.) is a stock, while PHSP.L (WisdomTree Physical Silver) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, ALGN returned 8.12%/yr vs 14.31%/yr for PHSP.L. At a 0.09 correlation, their price movements are largely independent.
Performance
ALGN vs. PHSP.L - Performance Comparison
Loading charts...
Different Trading Currencies
ALGN is traded in USD, while PHSP.L is traded in GBp. To make them comparable, the PHSP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ALGN achieves a 10.18% return, which is significantly higher than PHSP.L's -4.46% return. Over the past 10 years, ALGN has underperformed PHSP.L with an annualized return of 8.12%, while PHSP.L has yielded a comparatively higher 14.31% annualized return.
ALGN
- 1D
- 2.57%
- 1M
- 1.94%
- YTD
- 10.18%
- 6M
- 9.11%
- 1Y
- -4.74%
- 3Y*
- -17.32%
- 5Y*
- -21.72%
- 10Y*
- 8.12%
PHSP.L
- 1D
- -0.05%
- 1M
- -14.48%
- YTD
- -4.46%
- 6M
- 17.79%
- 1Y
- 89.41%
- 3Y*
- 40.40%
- 5Y*
- 19.14%
- 10Y*
- 14.31%
ALGN vs. PHSP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALGN Align Technology, Inc. | 10.18% | -25.11% | -23.90% | 29.92% | -67.91% | 22.98% | 91.51% | 33.24% | -5.74% | 131.13% |
PHSP.L WisdomTree Physical Silver | -4.46% | 147.01% | 20.80% | -1.58% | 3.15% | -12.90% | 45.17% | 17.09% | -9.01% | 3.31% |
Correlation
The correlation between ALGN and PHSP.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008 | 0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALGN vs. PHSP.L — Risk / Return Rank
ALGN
PHSP.L
ALGN vs. PHSP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Align Technology, Inc. (ALGN) and WisdomTree Physical Silver (PHSP.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.
| ALGN | PHSP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.30 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 2.18 | -2.30 |
| Martin ratioReturn relative to average drawdown | -0.20 | 4.66 | -4.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ALGN | PHSP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 1.59 | -1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | 0.51 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | 0.44 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.08 | +0.08 |
Drawdowns
ALGN vs. PHSP.L - Drawdown Comparison
The maximum ALGN drawdown since its inception was -92.30%, which is greater than PHSP.L's maximum drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for ALGN and PHSP.L.
Loading charts...
Drawdown Indicators
| ALGN | PHSP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.30% | -77.00% | -15.30% |
Max Drawdown (1Y)Largest decline over 1 year | -39.73% | -40.88% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -67.59% | -40.88% | -26.71% |
Max Drawdown (5Y)Largest decline over 5 years | -82.89% | -40.88% | -42.01% |
Max Drawdown (10Y)Largest decline over 10 years | -82.89% | -43.76% | -39.13% |
Current DrawdownCurrent decline from peak | -76.43% | -40.05% | -36.38% |
Average DrawdownAverage peak-to-trough decline | -37.65% | -52.75% | +15.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.90% | 19.13% | +4.77% |
Volatility
ALGN vs. PHSP.L - Volatility Comparison
The current volatility for Align Technology, Inc. (ALGN) is 11.85%, while WisdomTree Physical Silver (PHSP.L) has a volatility of 16.82%. This indicates that ALGN experiences smaller price fluctuations and is considered to be less risky than PHSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALGN | PHSP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 16.82% | -4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 28.46% | 53.16% | -24.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.81% | 55.91% | -3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.56% | 37.93% | +11.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.06% | 32.23% | +16.83% |
Dividends
ALGN vs. PHSP.L - Dividend Comparison
Neither ALGN nor PHSP.L has paid dividends to shareholders.
Frequently Asked Questions
ALGN and PHSP.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ALGN and PHSP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer