GLTR vs. SI=F

Last updated Apr 2, 2026

Compare and contrast key facts about Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Silver (SI=F).

GLTR is a passively managed fund by Aberdeen that tracks the performance of the ETFS Physical Precious Metals Basket Index. It was launched on Oct 22, 2010.

Performance

GLTR vs. SI=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Silver (SI=F). The values are adjusted to include any dividend payments, if applicable.

GLTR vs. SI=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLTR Aberdeen Standard Physical Precious Metals Basket Shares ETF	7.45%	87.25%	20.63%	2.01%	-0.25%	-9.60%	29.52%	20.96%	-2.85%	12.94%
SI=F Silver	6.11%	141.44%	21.41%	0.19%	2.95%	-11.59%	47.38%	15.32%	-9.36%	7.23%

Returns By Period

In the year-to-date period, GLTR achieves a 7.45% return, which is significantly higher than SI=F's 6.11% return. Over the past 10 years, GLTR has underperformed SI=F with an annualized return of 14.22%, while SI=F has yielded a comparatively higher 17.41% annualized return.

GLTR

• 1D: 1.00%
• 1M: -13.18%
• YTD: 7.45%
• 6M: 32.87%
• 1Y: 71.49%
• 3Y*: 34.29%
• 5Y*: 18.60%
• 10Y*: 14.22%

SI=F

• 1D: 6.16%
• 1M: -15.68%
• YTD: 6.11%
• 6M: 58.42%
• 1Y: 118.37%
• 3Y*: 45.65%
• 5Y*: 24.59%
• 10Y*: 17.41%

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

Return for Risk

GLTR vs. SI=F — Risk / Return Rank

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

GLTR

GLTR Risk / Return Rank: 83
GLTR Sharpe Ratio Rank: 88
GLTR Sortino Ratio Rank: 81
GLTR Omega Ratio Rank: 87
GLTR Calmar Ratio Rank: 81
GLTR Martin Ratio Rank: 74

SI=F

SI=F Risk / Return Rank: 78
SI=F Sharpe Ratio Rank: 76
SI=F Sortino Ratio Rank: 77
SI=F Omega Ratio Rank: 88
SI=F Calmar Ratio Rank: 86
SI=F Martin Ratio Rank: 64

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.

GLTR vs. SI=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and Silver (SI=F). 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.

	GLTR	SI=F	Difference
Sharpe ratio Return per unit of total volatility	1.94	1.56	+0.37
Sortino ratio Return per unit of downside risk	2.17	1.93	+0.24
Omega ratio Gain probability vs. loss probability	1.37	1.34	+0.02
Calmar ratio Return relative to maximum drawdown	2.38	3.09	-0.71
Martin ratio Return relative to average drawdown	8.16	8.80	-0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLTR vs. SI=F - Sharpe Ratio Comparison

The current GLTR Sharpe Ratio is 1.94, which is comparable to the SI=F Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of GLTR and SI=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLTR	SI=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.56	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.62	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.50	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.22	+0.13

Correlation

The correlation between GLTR and SI=F is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

GLTR vs. SI=F - Drawdown Comparison

The maximum GLTR drawdown since its inception was -55.70%, smaller than the maximum SI=F drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for GLTR and SI=F.

Drawdown Indicators

	GLTR	SI=F	Difference
Max Drawdown Largest peak-to-trough decline	-55.70%	-91.54%	+35.84%
Max Drawdown (1Y) Largest decline over 1 year	-29.70%	-41.00%	+11.30%
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	-41.00%	+11.30%
Max Drawdown (10Y) Largest decline over 10 years	-29.70%	-43.13%	+13.43%
Current Drawdown Current decline from peak	-22.55%	-34.94%	+12.39%
Average Drawdown Average peak-to-trough decline	-28.89%	-61.14%	+32.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.65%	14.41%	-5.76%

Volatility

GLTR vs. SI=F - Volatility Comparison

The current volatility for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) is 12.22%, while Silver (SI=F) has a volatility of 18.12%. This indicates that GLTR experiences smaller price fluctuations and is considered to be less risky than SI=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLTR	SI=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	18.12%	-5.90%
Volatility (6M) Calculated over the trailing 6-month period	35.76%	62.49%	-26.73%
Volatility (1Y) Calculated over the trailing 1-year period	37.11%	58.92%	-21.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.15%	37.21%	-14.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.27%	33.13%	-12.86%