PHSP.L vs. ISP6.L
PHSP.L (WisdomTree Physical Silver) and ISP6.L (iShares S&P SmallCap 600 UCITS ETF) are both exchange-traded funds - PHSP.L is a Silver fund tracking the LBMA Silver Price, while ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 10 years, PHSP.L returned 16.53%/yr vs 11.08%/yr for ISP6.L. At a 0.11 correlation, their price movements are largely independent. PHSP.L charges 0.49%/yr vs 0.40%/yr for ISP6.L.
Performance
PHSP.L vs. ISP6.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PHSP.L achieves a 2.49% return, which is significantly lower than ISP6.L's 14.20% return. Over the past 10 years, PHSP.L has outperformed ISP6.L with an annualized return of 16.53%, while ISP6.L has yielded a comparatively lower 11.08% annualized return.
PHSP.L
- 1D
- -3.07%
- 1M
- -1.75%
- YTD
- 2.49%
- 6M
- 23.74%
- 1Y
- 113.09%
- 3Y*
- 41.45%
- 5Y*
- 22.12%
- 10Y*
- 16.53%
ISP6.L
- 1D
- -0.20%
- 1M
- 2.55%
- YTD
- 14.20%
- 6M
- 13.80%
- 1Y
- 32.66%
- 3Y*
- 11.63%
- 5Y*
- 6.40%
- 10Y*
- 11.08%
PHSP.L vs. ISP6.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHSP.L WisdomTree Physical Silver | 2.49% | 129.68% | 22.85% | -6.51% | 15.50% | -12.11% | 40.85% | 12.57% | -3.55% | -5.67% |
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 14.20% | -0.91% | 8.76% | 10.98% | -6.72% | 27.86% | 6.87% | 17.51% | -4.56% | 3.05% |
Correlation
The correlation between PHSP.L and ISP6.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since May 13, 2008 | 0.11 |
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
PHSP.L vs. ISP6.L — Risk / Return Rank
PHSP.L
ISP6.L
PHSP.L vs. ISP6.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Silver (PHSP.L) and iShares S&P SmallCap 600 UCITS ETF (ISP6.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.
| PHSP.L | ISP6.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 5.04 | -2.14 |
| Martin ratioReturn relative to average drawdown | 6.40 | 15.26 | -8.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PHSP.L | ISP6.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.10 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.34 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.54 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.57 | -0.20 |
Drawdowns
PHSP.L vs. ISP6.L - Drawdown Comparison
The maximum PHSP.L drawdown since its inception was -70.01%, which is greater than ISP6.L's maximum drawdown of -39.08%. Use the drawdown chart below to compare losses from any high point for PHSP.L and ISP6.L.
Loading charts...
Drawdown Indicators
| PHSP.L | ISP6.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.01% | -39.08% | -30.93% |
Max Drawdown (1Y)Largest decline over 1 year | -38.75% | -6.45% | -32.30% |
Max Drawdown (3Y)Largest decline over 3 years | -38.75% | -30.26% | -8.49% |
Max Drawdown (5Y)Largest decline over 5 years | -38.75% | -30.26% | -8.49% |
Max Drawdown (10Y)Largest decline over 10 years | -38.75% | -39.08% | +0.33% |
Current DrawdownCurrent decline from peak | -34.02% | -0.85% | -33.17% |
Average DrawdownAverage peak-to-trough decline | -40.07% | -7.53% | -32.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.60% | 2.13% | +15.47% |
Volatility
PHSP.L vs. ISP6.L - Volatility Comparison
WisdomTree Physical Silver (PHSP.L) has a higher volatility of 16.44% compared to iShares S&P SmallCap 600 UCITS ETF (ISP6.L) at 3.90%. This indicates that PHSP.L's price experiences larger fluctuations and is considered to be riskier than ISP6.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PHSP.L | ISP6.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.44% | 3.90% | +12.54% |
Volatility (6M)Calculated over the trailing 6-month period | 51.39% | 10.28% | +41.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.02% | 15.57% | +38.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.99% | 19.09% | +13.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.25% | 20.45% | +8.80% |
PHSP.L vs. ISP6.L - Expense Ratio Comparison
PHSP.L has a 0.49% expense ratio, which is higher than ISP6.L's 0.40% expense ratio.
Dividends
PHSP.L vs. ISP6.L - Dividend Comparison
PHSP.L has not paid dividends to shareholders, while ISP6.L's dividend yield for the trailing twelve months is around 1.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 1.03% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
PHSP.L WisdomTree Physical Silver | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PHSP.L and ISP6.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISP6.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISP6.L is cheaper with a 0.40% expense ratio, compared with 0.49% for PHSP.L.
PHSP.L is categorized as Silver, while ISP6.L is Small Cap Blend Equities. PHSP.L tracks LBMA Silver Price, while ISP6.L tracks Russell 2000 TR USD. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.49% for PHSP.L and 0.40% for ISP6.L.
Find the right allocation for PHSP.L and ISP6.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