IBIT vs. SSLN.L
IBIT (iShares Bitcoin Trust ETF) and SSLN.L (iShares Physical Silver ETC) are both exchange-traded funds - IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while SSLN.L is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past year, IBIT returned -40.63% vs 85.51% for SSLN.L. At a 0.16 correlation, their price movements are largely independent. IBIT charges 0.25%/yr vs 0.20%/yr for SSLN.L.
Performance
IBIT vs. SSLN.L - Performance Comparison
Loading charts...
Different Trading Currencies
IBIT is traded in USD, while SSLN.L is traded in GBp. To make them comparable, the SSLN.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBIT achieves a -27.41% return, which is significantly lower than SSLN.L's -5.64% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SSLN.L
- 1D
- 5.12%
- 1M
- -23.67%
- YTD
- -5.64%
- 6M
- 9.43%
- 1Y
- 85.51%
- 3Y*
- 41.29%
- 5Y*
- 19.02%
- 10Y*
- 14.24%
IBIT vs. SSLN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
SSLN.L iShares Physical Silver ETC | -5.64% | 147.64% | 25.71% |
Correlation
The correlation between IBIT and SSLN.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.16 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBIT vs. SSLN.L — Risk / Return Rank
IBIT
SSLN.L
IBIT vs. SSLN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and iShares Physical Silver ETC (SSLN.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.
| IBIT | SSLN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.43 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.29 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 1.95 | -2.73 |
| Martin ratioReturn relative to average drawdown | -1.37 | 4.30 | -5.67 |
Loading charts...
Drawdowns
IBIT vs. SSLN.L - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum SSLN.L drawdown of -83.11%. Use the drawdown chart below to compare losses from any high point for IBIT and SSLN.L.
Loading charts...
Drawdown Indicators
| IBIT | SSLN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -83.11% | +31.00% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -43.71% | -8.40% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.71% | — |
Current DrawdownCurrent decline from peak | -49.45% | -40.83% | -8.62% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -65.48% | +48.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 19.83% | +9.81% |
Volatility
IBIT vs. SSLN.L - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 12.07%, while iShares Physical Silver ETC (SSLN.L) has a volatility of 15.39%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than SSLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBIT | SSLN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 15.39% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 53.94% | -19.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 56.70% | -12.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 38.19% | +12.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 32.34% | +17.92% |
IBIT vs. SSLN.L - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is higher than SSLN.L's 0.20% 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
IBIT vs. SSLN.L - Dividend Comparison
Neither IBIT nor SSLN.L has paid dividends to shareholders.
Frequently Asked Questions
IBIT and SSLN.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SSLN.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SSLN.L is cheaper with a 0.20% expense ratio, compared with 0.25% for IBIT.
IBIT is categorized as Cryptocurrency, while SSLN.L is Silver. IBIT tracks CME CF Bitcoin Reference Rate - New York Variant, while SSLN.L tracks LBMA Silver Price. Their fees differ too: 0.25% for IBIT and 0.20% for SSLN.L.
Find the right allocation for IBIT and SSLN.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer