EGLN.L vs. SSLV.L
EGLN.L (iShares Physical Gold ETC) and SSLV.L (Invesco Physical Silver ETC) are both exchange-traded funds - EGLN.L is a Gold fund tracking the LBMA Gold Price, while SSLV.L is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past 10 years, EGLN.L returned 10.12%/yr vs 12.00%/yr for SSLV.L. A 0.65 correlation means they provide meaningful diversification when combined. EGLN.L charges 0.25%/yr vs 0.19%/yr for SSLV.L.
Performance
EGLN.L vs. SSLV.L - Performance Comparison
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Different Trading Currencies
EGLN.L is traded in EUR, while SSLV.L is traded in USD. To make them comparable, the SSLV.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EGLN.L achieves a -3.74% return, which is significantly higher than SSLV.L's -15.85% return. Over the past 10 years, EGLN.L has underperformed SSLV.L with an annualized return of 10.12%, while SSLV.L has yielded a comparatively higher 12.00% annualized return.
EGLN.L
- 1D
- 0.07%
- 1M
- -8.89%
- YTD
- -3.74%
- 6M
- -7.35%
- 1Y
- 23.45%
- 3Y*
- 25.86%
- 5Y*
- 18.69%
- 10Y*
- 10.12%
SSLV.L
- 1D
- -1.10%
- 1M
- -21.52%
- YTD
- -15.85%
- 6M
- -16.50%
- 1Y
- 66.03%
- 3Y*
- 34.57%
- 5Y*
- 18.40%
- 10Y*
- 12.00%
EGLN.L vs. SSLV.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGLN.L iShares Physical Gold ETC | -3.74% | 46.01% | 34.32% | 9.37% | 6.00% | 3.85% | 13.68% | 20.59% | 3.38% | -0.47% |
SSLV.L Invesco Physical Silver ETC | -15.85% | 118.29% | 29.08% | -3.89% | 10.00% | -6.44% | 33.90% | 18.93% | -4.24% | -9.25% |
Correlation
The correlation between EGLN.L and SSLV.L is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2011 | 0.65 |
The correlation between EGLN.L and SSLV.L shifts across timeframes, from 0.65 (all time) to 0.77 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EGLN.L vs. SSLV.L — Risk / Return Rank
EGLN.L
SSLV.L
EGLN.L vs. SSLV.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Gold ETC (EGLN.L) and Invesco Physical Silver ETC (SSLV.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.
| EGLN.L | SSLV.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 1.42 | -0.37 |
| Martin ratioReturn relative to average drawdown | 2.92 | 3.25 | -0.33 |
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Drawdowns
EGLN.L vs. SSLV.L - Drawdown Comparison
The maximum EGLN.L drawdown since its inception was -47.44%, smaller than the maximum SSLV.L drawdown of -68.22%. Use the drawdown chart below to compare losses from any high point for EGLN.L and SSLV.L.
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Drawdown Indicators
| EGLN.L | SSLV.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.44% | -68.22% | +20.78% |
Max Drawdown (1Y)Largest decline over 1 year | -22.19% | -46.13% | +23.94% |
Max Drawdown (3Y)Largest decline over 3 years | -22.19% | -46.13% | +23.94% |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | -46.13% | +23.94% |
Max Drawdown (10Y)Largest decline over 10 years | -26.21% | -46.13% | +19.92% |
Current DrawdownCurrent decline from peak | -22.14% | -46.13% | +23.99% |
Average DrawdownAverage peak-to-trough decline | -22.53% | -42.65% | +20.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 20.23% | -12.23% |
Volatility
EGLN.L vs. SSLV.L - Volatility Comparison
The current volatility for iShares Physical Gold ETC (EGLN.L) is 7.96%, while Invesco Physical Silver ETC (SSLV.L) has a volatility of 14.88%. This indicates that EGLN.L experiences smaller price fluctuations and is considered to be less risky than SSLV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGLN.L | SSLV.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 14.88% | -6.92% |
Volatility (6M)Calculated over the trailing 6-month period | 21.28% | 54.27% | -32.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.05% | 57.39% | -33.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 34.74% | -17.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 30.06% | -14.06% |
EGLN.L vs. SSLV.L - Expense Ratio Comparison
EGLN.L has a 0.25% expense ratio, which is higher than SSLV.L's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EGLN.L vs. SSLV.L - Dividend Comparison
Neither EGLN.L nor SSLV.L has paid dividends to shareholders.
Frequently Asked Questions
EGLN.L and SSLV.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SSLV.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SSLV.L is cheaper with a 0.19% expense ratio, compared with 0.25% for EGLN.L.
EGLN.L is categorized as Gold, while SSLV.L is Silver. EGLN.L tracks LBMA Gold Price, while SSLV.L tracks LBMA Silver Price. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.25% for EGLN.L and 0.19% for SSLV.L.
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