PHSP.L vs. SSLN.L
Compare and contrast key facts about WisdomTree Physical Silver (PHSP.L) and iShares Physical Silver ETC (SSLN.L).
PHSP.L and SSLN.L 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. SSLN.L is a passively managed fund by iShares that tracks the performance of the Silver. It was launched on Apr 8, 2011. Both PHSP.L and SSLN.L 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 SSLN.L.
Key characteristics
| PHSP.L | SSLN.L | |
|---|---|---|
| YTD Return | 21.11% | 21.26% |
| 1Y Return | 17.31% | 17.65% |
| 3Y Return (Ann) | 4.68% | 5.29% |
| 5Y Return (Ann) | 14.14% | 14.45% |
| 10Y Return (Ann) | 6.46% | 6.62% |
| Sharpe Ratio | 0.80 | 0.81 |
| Daily Std Dev | 23.29% | 23.26% |
| Max Drawdown | -70.01% | -69.95% |
| Current Drawdown | -28.29% | -27.06% |
Correlation
The correlation between PHSP.L and SSLN.L is 0.94, 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.
Performance
PHSP.L vs. SSLN.L - Performance Comparison
The year-to-date returns for both investments are quite close, with PHSP.L having a 21.11% return and SSLN.L slightly higher at 21.26%. Both investments have delivered pretty close results over the past 10 years, with PHSP.L having a 6.46% annualized return and SSLN.L not far ahead at 6.62%. 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. SSLN.L - Expense Ratio Comparison
PHSP.L has a 0.49% expense ratio, which is higher than SSLN.L's 0.20% expense ratio.
Risk-Adjusted Performance
PHSP.L vs. SSLN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Silver (PHSP.L) 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.
Dividends
PHSP.L vs. SSLN.L - Dividend Comparison
Neither PHSP.L nor SSLN.L has paid dividends to shareholders.
Drawdowns
PHSP.L vs. SSLN.L - Drawdown Comparison
The maximum PHSP.L drawdown since its inception was -70.01%, roughly equal to the maximum SSLN.L drawdown of -69.95%. Use the drawdown chart below to compare losses from any high point for PHSP.L and SSLN.L. For additional features, visit the drawdowns tool.
Volatility
PHSP.L vs. SSLN.L - Volatility Comparison
WisdomTree Physical Silver (PHSP.L) and iShares Physical Silver ETC (SSLN.L) have volatilities of 8.47% and 8.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.