PHYS.TO vs. SIVR

Last updated Apr 2, 2026

Compare and contrast key facts about Sprott Physical Gold Trust (PHYS.TO) and Aberdeen Standard Physical Silver Shares ETF (SIVR).

SIVR is a passively managed fund by Aberdeen that tracks the performance of the LBMA Silver Price ($/ozt). It was launched on Jul 24, 2009.

Performance

PHYS.TO vs. SIVR - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sprott Physical Gold Trust (PHYS.TO) and Aberdeen Standard Physical Silver Shares ETF (SIVR). The values are adjusted to include any dividend payments, if applicable.

PHYS.TO vs. SIVR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PHYS.TO Sprott Physical Gold Trust	10.95%	56.35%	37.41%	10.65%	4.96%	-5.37%	21.38%	12.13%	4.21%
SIVR Aberdeen Standard Physical Silver Shares ETF	7.15%	134.09%	31.48%	-3.10%	9.90%	-13.12%	45.02%	9.51%	0.56%

Different Trading Currencies

PHYS.TO is traded in CAD, while SIVR is traded in USD. To make them comparable, the SIVR values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PHYS.TO achieves a 10.95% return, which is significantly higher than SIVR's 7.15% return.

PHYS.TO

• 1D: 1.78%
• 1M: -9.73%
• YTD: 10.95%
• 6M: 21.40%
• 1Y: 45.33%
• 3Y*: 33.98%
• 5Y*: 24.23%
• 10Y*: —

SIVR

• 1D: -0.19%
• 1M: -15.11%
• YTD: 7.15%
• 6M: 58.46%
• 1Y: 116.69%
• 3Y*: 47.11%
• 5Y*: 26.91%
• 10Y*: 17.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PHYS.TO vs. SIVR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PHYS.TO

PHYS.TO Risk / Return Rank: 83
PHYS.TO Sharpe Ratio Rank: 86
PHYS.TO Sortino Ratio Rank: 79
PHYS.TO Omega Ratio Rank: 83
PHYS.TO Calmar Ratio Rank: 81
PHYS.TO Martin Ratio Rank: 86

SIVR

SIVR Risk / Return Rank: 86
SIVR Sharpe Ratio Rank: 92
SIVR Sortino Ratio Rank: 83
SIVR Omega Ratio Rank: 91
SIVR Calmar Ratio Rank: 87
SIVR Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PHYS.TO vs. SIVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Gold Trust (PHYS.TO) and Aberdeen Standard Physical Silver Shares ETF (SIVR). 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.

	PHYS.TO	SIVR	Difference
Sharpe ratio Return per unit of total volatility	1.69	2.11	-0.42
Sortino ratio Return per unit of downside risk	2.09	2.20	-0.11
Omega ratio Gain probability vs. loss probability	1.32	1.40	-0.08
Calmar ratio Return relative to maximum drawdown	2.49	2.74	-0.24
Martin ratio Return relative to average drawdown	8.78	8.29	+0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHYS.TO vs. SIVR - Sharpe Ratio Comparison

The current PHYS.TO Sharpe Ratio is 1.69, which is comparable to the SIVR Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of PHYS.TO and SIVR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PHYS.TO	SIVR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	2.11	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.44	0.81	+0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.41	+0.24

Correlation

The correlation between PHYS.TO and SIVR is 0.62, 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.

Dividends

PHYS.TO vs. SIVR - Dividend Comparison

Neither PHYS.TO nor SIVR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PHYS.TO vs. SIVR - Drawdown Comparison

The maximum PHYS.TO drawdown since its inception was -27.08%, smaller than the maximum SIVR drawdown of -63.11%. Use the drawdown chart below to compare losses from any high point for PHYS.TO and SIVR.

Drawdown Indicators

	PHYS.TO	SIVR	Difference
Max Drawdown Largest peak-to-trough decline	-27.08%	-75.85%	+48.77%
Max Drawdown (1Y) Largest decline over 1 year	-18.14%	-42.42%	+24.28%
Max Drawdown (5Y) Largest decline over 5 years	-18.14%	-42.42%	+24.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.42%	—
Current Drawdown Current decline from peak	-9.73%	-35.45%	+25.72%
Average Drawdown Average peak-to-trough decline	-7.72%	-47.99%	+40.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.15%	13.75%	-8.60%

Volatility

PHYS.TO vs. SIVR - Volatility Comparison

The current volatility for Sprott Physical Gold Trust (PHYS.TO) is 10.29%, while Aberdeen Standard Physical Silver Shares ETF (SIVR) has a volatility of 16.63%. This indicates that PHYS.TO experiences smaller price fluctuations and is considered to be less risky than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHYS.TO	SIVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.29%	16.63%	-6.34%
Volatility (6M) Calculated over the trailing 6-month period	23.98%	55.93%	-31.95%
Volatility (1Y) Calculated over the trailing 1-year period	26.91%	55.72%	-28.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	33.43%	-16.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.95%	29.71%	-2.76%