NEXI.MI vs. PHSP.L
NEXI.MI (Nexi S.p.A) is a stock, while PHSP.L (WisdomTree Physical Silver) is Silver fund tracking the LBMA Silver Price. Over the past 5 years, NEXI.MI returned -25.25%/yr vs 22.07%/yr for PHSP.L. At a 0.09 correlation, their price movements are largely independent.
Performance
NEXI.MI vs. PHSP.L - Performance Comparison
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Different Trading Currencies
NEXI.MI is traded in EUR, while PHSP.L is traded in GBp. To make them comparable, the PHSP.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, NEXI.MI achieves a -13.06% return, which is significantly lower than PHSP.L's 3.89% return.
NEXI.MI
- 1D
- -0.30%
- 1M
- -11.16%
- YTD
- -13.06%
- 6M
- -8.09%
- 1Y
- -30.50%
- 3Y*
- -19.36%
- 5Y*
- -25.25%
- 10Y*
- —
PHSP.L
- 1D
- 0.37%
- 1M
- 0.83%
- YTD
- 3.89%
- 6M
- 29.48%
- 1Y
- 109.62%
- 3Y*
- 41.57%
- 5Y*
- 22.07%
- 10Y*
- 15.36%
NEXI.MI vs. PHSP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NEXI.MI Nexi S.p.A | -13.06% | -17.39% | -27.63% | 0.54% | -47.35% | -14.38% | 31.99% | 46.68% |
PHSP.L WisdomTree Physical Silver | 3.90% | 117.70% | 28.78% | -4.53% | 9.55% | -6.39% | 33.20% | 21.61% |
Correlation
The correlation between NEXI.MI and PHSP.L is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.09 |
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Return for Risk
NEXI.MI vs. PHSP.L — Risk / Return Rank
NEXI.MI
PHSP.L
NEXI.MI vs. PHSP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nexi S.p.A (NEXI.MI) and WisdomTree Physical Silver (PHSP.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.
| NEXI.MI | PHSP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.86 | ||
| Sortino ratioReturn per unit of downside risk | -3.36 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.35 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | 2.81 | -3.42 |
| Martin ratioReturn relative to average drawdown | -1.10 | 6.12 | -7.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEXI.MI | PHSP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.84 | 2.02 | -2.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.70 | 0.66 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.28 | 0.33 | -0.61 |
Drawdowns
NEXI.MI vs. PHSP.L - Drawdown Comparison
The maximum NEXI.MI drawdown since its inception was -84.94%, which is greater than PHSP.L's maximum drawdown of -68.72%. Use the drawdown chart below to compare losses from any high point for NEXI.MI and PHSP.L.
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Drawdown Indicators
| NEXI.MI | PHSP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.94% | -68.72% | -16.22% |
Max Drawdown (1Y)Largest decline over 1 year | -50.59% | -38.73% | -11.86% |
Max Drawdown (3Y)Largest decline over 3 years | -62.90% | -38.73% | -24.17% |
Max Drawdown (5Y)Largest decline over 5 years | -84.94% | -38.73% | -46.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.19% | — |
Current DrawdownCurrent decline from peak | -80.16% | -33.67% | -46.49% |
Average DrawdownAverage peak-to-trough decline | -44.23% | -38.37% | -5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.90% | 17.86% | +10.04% |
Volatility
NEXI.MI vs. PHSP.L - Volatility Comparison
The current volatility for Nexi S.p.A (NEXI.MI) is 10.76%, while WisdomTree Physical Silver (PHSP.L) has a volatility of 16.48%. This indicates that NEXI.MI experiences smaller price fluctuations and is considered to be less risky than PHSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEXI.MI | PHSP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 16.48% | -5.72% |
Volatility (6M)Calculated over the trailing 6-month period | 30.26% | 51.35% | -21.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.32% | 54.09% | -17.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.77% | 33.40% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.38% | 29.12% | +8.26% |
Dividends
NEXI.MI vs. PHSP.L - Dividend Comparison
NEXI.MI's dividend yield for the trailing twelve months is around 8.90%, while PHSP.L has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
NEXI.MI Nexi S.p.A | 8.90% | 5.92% |
PHSP.L WisdomTree Physical Silver | 0.00% | 0.00% |
Frequently Asked Questions
NEXI.MI and PHSP.L have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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