ALKS vs. PHSP.L

Last updated Jun 9, 2026

ALKS (Alkermes plc) is a stock, while PHSP.L (WisdomTree Physical Silver) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, ALKS returned -0.05%/yr vs 14.31%/yr for PHSP.L. At a 0.05 correlation, their price movements are largely independent.

Performance

ALKS vs. PHSP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alkermes plc (ALKS) and WisdomTree Physical Silver (PHSP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ALKS 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, ALKS achieves a 51.72% return, which is significantly higher than PHSP.L's -4.46% return. Over the past 10 years, ALKS has underperformed PHSP.L with an annualized return of -0.05%, while PHSP.L has yielded a comparatively higher 14.31% annualized return.

ALKS

• 1D: -0.82%
• 1M: 21.32%
• YTD: 51.72%
• 6M: 44.34%
• 1Y: 33.87%
• 3Y*: 10.89%
• 5Y*: 11.44%
• 10Y*: -0.05%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ALKS vs. PHSP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALKS Alkermes plc	51.72%	-2.71%	3.68%	6.16%	12.34%	16.59%	-2.21%	-30.87%	-46.08%	-1.53%
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 ALKS and PHSP.L is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jan 3, 2008	0.05

Return for Risk

ALKS vs. PHSP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALKS

ALKS Risk / Return Rank: 68
ALKS Sharpe Ratio Rank: 69
ALKS Sortino Ratio Rank: 67
ALKS Omega Ratio Rank: 65
ALKS Calmar Ratio Rank: 71
ALKS Martin Ratio Rank: 70

PHSP.L

PHSP.L Risk / Return Rank: 50
PHSP.L Sharpe Ratio Rank: 55
PHSP.L Sortino Ratio Rank: 47
PHSP.L Omega Ratio Rank: 57
PHSP.L Calmar Ratio Rank: 53
PHSP.L Martin Ratio Rank: 36

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.

ALKS vs. PHSP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alkermes plc (ALKS) 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.

	ALKS	PHSP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.84	1.59	-0.76
Sortino ratio: Return per unit of downside risk	1.48	2.01	-0.53
Omega ratio: Gain probability vs. loss probability	1.18	1.30	-0.12
Calmar ratio: Return relative to maximum drawdown	1.53	2.18	-0.64
Martin ratio: Return relative to average drawdown	3.35	4.66	-1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALKS vs. PHSP.L - Sharpe Ratio Comparison

The current ALKS Sharpe Ratio is 0.84, which is lower than the PHSP.L Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of ALKS and PHSP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ALKS	PHSP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	1.59	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.51	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	0.44	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.08	+0.02

Drawdowns

ALKS vs. PHSP.L - Drawdown Comparison

The maximum ALKS drawdown since its inception was -96.14%, 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 ALKS and PHSP.L.

Drawdown Indicators

	ALKS	PHSP.L	Difference
Max Drawdown Largest peak-to-trough decline	-96.14%	-77.00%	-19.14%
Max Drawdown (1Y) Largest decline over 1 year	-22.20%	-40.88%	+18.68%
Max Drawdown (3Y) Largest decline over 3 years	-31.58%	-40.88%	+9.30%
Max Drawdown (5Y) Largest decline over 5 years	-33.18%	-40.88%	+7.70%
Max Drawdown (10Y) Largest decline over 10 years	-80.58%	-43.76%	-36.82%
Current Drawdown Current decline from peak	-56.71%	-40.05%	-16.66%
Average Drawdown Average peak-to-trough decline	-67.24%	-52.75%	-14.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.54%	19.13%	-8.59%

Volatility

ALKS vs. PHSP.L - Volatility Comparison

The current volatility for Alkermes plc (ALKS) is 12.00%, while WisdomTree Physical Silver (PHSP.L) has a volatility of 16.82%. This indicates that ALKS 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.

Volatility by Period

	ALKS	PHSP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.00%	16.82%	-4.82%
Volatility (6M) Calculated over the trailing 6-month period	30.15%	53.16%	-23.01%
Volatility (1Y) Calculated over the trailing 1-year period	40.67%	55.91%	-15.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.28%	37.93%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.28%	32.23%	+9.05%

Dividends

ALKS vs. PHSP.L - Dividend Comparison

Neither ALKS nor PHSP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ALKS and PHSP.L in my portfolio?

ALKS and PHSP.L have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.