PHSP.L vs. IAU
Compare and contrast key facts about WisdomTree Physical Silver (PHSP.L) and iShares Gold Trust (IAU).
PHSP.L and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHSP.L is a passively managed fund by WisdomTree that tracks the performance of the Silver. It was launched on Apr 24, 2007. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both PHSP.L and IAU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHSP.L or IAU.
Key characteristics
| PHSP.L | IAU | |
|---|---|---|
| YTD Return | 21.11% | 14.19% |
| 1Y Return | 17.31% | 16.71% |
| 3Y Return (Ann) | 4.68% | 8.33% |
| 5Y Return (Ann) | 14.14% | 12.71% |
| 10Y Return (Ann) | 6.46% | 5.97% |
| Sharpe Ratio | 0.80 | 1.37 |
| Daily Std Dev | 23.29% | 12.34% |
| Max Drawdown | -70.01% | -45.14% |
| Current Drawdown | -28.29% | -1.35% |
Correlation
The correlation between PHSP.L and IAU is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PHSP.L vs. IAU - Performance Comparison
In the year-to-date period, PHSP.L achieves a 21.11% return, which is significantly higher than IAU's 14.19% return. Over the past 10 years, PHSP.L has outperformed IAU with an annualized return of 6.46%, while IAU has yielded a comparatively lower 5.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PHSP.L vs. IAU - Expense Ratio Comparison
PHSP.L has a 0.49% expense ratio, which is higher than IAU's 0.25% expense ratio.
Risk-Adjusted Performance
PHSP.L vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Silver (PHSP.L) and iShares Gold Trust (IAU). 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.
Dividends
PHSP.L vs. IAU - Dividend Comparison
Neither PHSP.L nor IAU has paid dividends to shareholders.
Drawdowns
PHSP.L vs. IAU - Drawdown Comparison
The maximum PHSP.L drawdown since its inception was -70.01%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for PHSP.L and IAU. For additional features, visit the drawdowns tool.
Volatility
PHSP.L vs. IAU - Volatility Comparison
WisdomTree Physical Silver (PHSP.L) has a higher volatility of 8.18% compared to iShares Gold Trust (IAU) at 4.37%. This indicates that PHSP.L's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.