Correlation
The correlation between AUD=X and PSLV is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AUD=X vs. PSLV
Compare and contrast key facts about USD/AUD (AUD=X) and Sprott Physical Silver Trust (PSLV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUD=X or PSLV.
Performance
AUD=X vs. PSLV - Performance Comparison
Loading data...
Key characteristics
AUD=X:
0.30
PSLV:
0.22
AUD=X:
0.49
PSLV:
0.37
AUD=X:
1.06
PSLV:
1.05
AUD=X:
0.09
PSLV:
0.06
AUD=X:
0.79
PSLV:
0.43
AUD=X:
3.56%
PSLV:
8.58%
AUD=X:
10.11%
PSLV:
29.21%
AUD=X:
-56.54%
PSLV:
-79.38%
AUD=X:
-25.49%
PSLV:
-49.66%
Returns By Period
In the year-to-date period, AUD=X achieves a -3.80% return, which is significantly lower than PSLV's 15.34% return. Over the past 10 years, AUD=X has underperformed PSLV with an annualized return of 1.91%, while PSLV has yielded a comparatively higher 5.59% annualized return.
AUD=X
-3.80%
-0.76%
1.24%
3.43%
3.71%
0.72%
1.91%
PSLV
15.34%
2.68%
7.85%
9.01%
14.68%
11.36%
5.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AUD=X vs. PSLV — Risk-Adjusted Performance Rank
AUD=X
PSLV
AUD=X vs. PSLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/AUD (AUD=X) and Sprott Physical Silver Trust (PSLV). 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.
Loading data...
Drawdowns
AUD=X vs. PSLV - Drawdown Comparison
The maximum AUD=X drawdown since its inception was -56.54%, smaller than the maximum PSLV drawdown of -79.38%. Use the drawdown chart below to compare losses from any high point for AUD=X and PSLV.
Loading data...
Volatility
AUD=X vs. PSLV - Volatility Comparison
The current volatility for USD/AUD (AUD=X) is 2.91%, while Sprott Physical Silver Trust (PSLV) has a volatility of 6.70%. This indicates that AUD=X experiences smaller price fluctuations and is considered to be less risky than PSLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...