PL=F vs. SI=F

Last updated Apr 3, 2026

Compare and contrast key facts about Platinum (PL=F) and Silver (SI=F).

Performance

PL=F vs. SI=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Platinum (PL=F) and Silver (SI=F). The values are adjusted to include any dividend payments, if applicable.

PL=F vs. SI=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PL=F Platinum	-1.72%	123.45%	-9.78%	-6.81%	12.08%	-10.47%	10.37%	22.13%	-14.68%	3.60%
SI=F Silver	1.70%	141.44%	21.41%	0.19%	2.95%	-11.59%	47.38%	15.32%	-9.36%	7.23%

Returns By Period

In the year-to-date period, PL=F achieves a -1.72% return, which is significantly lower than SI=F's 1.70% return. Over the past 10 years, PL=F has underperformed SI=F with an annualized return of 7.80%, while SI=F has yielded a comparatively higher 17.00% annualized return.

PL=F

• 1D: 0.49%
• 1M: -3.63%
• YTD: -1.72%
• 6M: 27.86%
• 1Y: 100.91%
• 3Y*: 26.13%
• 5Y*: 10.59%
• 10Y*: 7.80%

SI=F

• 1D: -5.62%
• 1M: -13.98%
• YTD: 1.70%
• 6M: 56.10%
• 1Y: 107.23%
• 3Y*: 43.86%
• 5Y*: 23.53%
• 10Y*: 17.00%

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

Return for Risk

PL=F vs. SI=F — Risk / Return Rank

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

PL=F

PL=F Risk / Return Rank: 94
PL=F Sharpe Ratio Rank: 100
PL=F Sortino Ratio Rank: 89
PL=F Omega Ratio Rank: 100
PL=F Calmar Ratio Rank: 100
PL=F Martin Ratio Rank: 79

SI=F

SI=F Risk / Return Rank: 69
SI=F Sharpe Ratio Rank: 71
SI=F Sortino Ratio Rank: 70
SI=F Omega Ratio Rank: 81
SI=F Calmar Ratio Rank: 69
SI=F Martin Ratio Rank: 54

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.

PL=F vs. SI=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Platinum (PL=F) and Silver (SI=F). 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.

	PL=F	SI=F	Difference
Sharpe ratio Return per unit of total volatility	1.83	1.44	+0.39
Sortino ratio Return per unit of downside risk	2.08	1.83	+0.25
Omega ratio Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio Return relative to maximum drawdown	3.14	2.60	+0.55
Martin ratio Return relative to average drawdown	8.75	7.24	+1.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PL=F vs. SI=F - Sharpe Ratio Comparison

The current PL=F Sharpe Ratio is 1.83, which is comparable to the SI=F Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of PL=F and SI=F, 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

	PL=F	SI=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	1.44	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.59	-0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.49	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.21	-0.10

Correlation

The correlation between PL=F and SI=F is 0.60, 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.

Drawdowns

PL=F vs. SI=F - Drawdown Comparison

The maximum PL=F drawdown since its inception was -68.68%, smaller than the maximum SI=F drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for PL=F and SI=F.

Drawdown Indicators

	PL=F	SI=F	Difference
Max Drawdown Largest peak-to-trough decline	-68.68%	-91.54%	+22.86%
Max Drawdown (1Y) Largest decline over 1 year	-35.53%	-41.21%	+5.68%
Max Drawdown (5Y) Largest decline over 5 years	-36.35%	-41.21%	+4.86%
Max Drawdown (10Y) Largest decline over 10 years	-49.56%	-43.13%	-6.43%
Current Drawdown Current decline from peak	-29.90%	-37.64%	+7.74%
Average Drawdown Average peak-to-trough decline	-36.47%	-61.14%	+24.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.77%	14.77%	-2.00%

Volatility

PL=F vs. SI=F - Volatility Comparison

The current volatility for Platinum (PL=F) is 14.12%, while Silver (SI=F) has a volatility of 18.60%. This indicates that PL=F experiences smaller price fluctuations and is considered to be less risky than SI=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PL=F	SI=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	18.60%	-4.48%
Volatility (6M) Calculated over the trailing 6-month period	49.49%	62.77%	-13.28%
Volatility (1Y) Calculated over the trailing 1-year period	53.14%	59.16%	-6.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.23%	37.27%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.52%	33.16%	-1.64%