ASCI vs. SIVR

Last updated Jun 4, 2026

ASCI (abrdn International Small Cap Active ETF) and SIVR (abrdn Physical Silver Shares ETF) are both exchange-traded funds - ASCI is a Foreign Small & Mid Cap Equities fund actively managed by abrdn, while SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt). ASCI is actively managed, while SIVR is passively managed. At a 0.38 correlation, their price movements are largely independent. ASCI charges 0.70%/yr vs 0.30%/yr for SIVR.

Performance

ASCI vs. SIVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn International Small Cap Active ETF (ASCI) and abrdn Physical Silver Shares ETF (SIVR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASCI achieves a 7.39% return, which is significantly higher than SIVR's 2.85% return.

ASCI

• 1D: -0.54%
• 1M: 1.38%
• YTD: 7.39%
• 6M: 8.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SIVR

• 1D: -2.62%
• 1M: 0.42%
• YTD: 2.85%
• 6M: 24.90%
• 1Y: 110.95%
• 3Y*: 45.38%
• 5Y*: 21.00%
• 10Y*: 15.77%

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

ASCI vs. SIVR - Yearly Performance Comparison

	2026 (YTD)	2025
ASCI abrdn International Small Cap Active ETF	7.39%	1.11%
SIVR abrdn Physical Silver Shares ETF	2.85%	35.42%

Correlation

The correlation between ASCI and SIVR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025	0.38

Return for Risk

ASCI vs. SIVR — Risk / Return Rank

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

SIVR

SIVR Risk / Return Rank: 48
SIVR Sharpe Ratio Rank: 54
SIVR Sortino Ratio Rank: 39
SIVR Omega Ratio Rank: 56
SIVR Calmar Ratio Rank: 52
SIVR 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.

ASCI vs. SIVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn International Small Cap Active ETF (ASCI) and abrdn Physical Silver Shares ETF (SIVR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ASCI	SIVR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.32	+0.45

Drawdowns

ASCI vs. SIVR - Drawdown Comparison

The maximum ASCI drawdown since its inception was -11.22%, smaller than the maximum SIVR drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for ASCI and SIVR.

Drawdown Indicators

	ASCI	SIVR	Difference
Max Drawdown Largest peak-to-trough decline	-11.22%	-75.85%	+64.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-42.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.42%	—
Current Drawdown Current decline from peak	-2.85%	-37.25%	+34.40%
Average Drawdown Average peak-to-trough decline	-2.39%	-47.85%	+45.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.64%	—

Volatility

Volatility by Period

	ASCI	SIVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.68%	58.84%	-40.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.68%	36.17%	-17.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	31.87%	-13.19%

ASCI vs. SIVR - Expense Ratio Comparison

ASCI has a 0.70% expense ratio, which is higher than SIVR's 0.30% expense ratio.

Dividends

ASCI vs. SIVR - Dividend Comparison

ASCI's dividend yield for the trailing twelve months is around 0.75%, while SIVR has not paid dividends to shareholders.

Position	TTM	2025
ASCI abrdn International Small Cap Active ETF	0.75%	0.80%
SIVR abrdn Physical Silver Shares ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASCI and SIVR in my portfolio?

ASCI and SIVR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASCI or SIVR?

On fees, SIVR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASCI or SIVR?

SIVR is cheaper with a 0.30% expense ratio, compared with 0.70% for ASCI.

Which ETF pays a higher dividend yield, ASCI or SIVR?

ASCI has the higher dividend yield at 0.75%, compared with 0.00% for SIVR.

What is the main difference between ASCI and SIVR?

ASCI is categorized as Foreign Small & Mid Cap Equities, while SIVR is Silver. Their fees differ too: 0.70% for ASCI and 0.30% for SIVR.