PSLV.TO vs. SIVR
PSLV.TO (Sprott Physical Silver Trust) is a stock, while SIVR (abrdn Physical Silver Shares ETF) is Silver fund tracking the LBMA Silver Price ($/ozt). Over the past 5 years, PSLV.TO returned 18.08%/yr vs 19.43%/yr for SIVR. Their correlation of 0.82 suggests significant overlap in exposure.
Performance
PSLV.TO vs. SIVR - Performance Comparison
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Different Trading Currencies
PSLV.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, PSLV.TO achieves a -21.69% return, which is significantly lower than SIVR's -18.89% return.
PSLV.TO
- 1D
- 0.59%
- 1M
- -12.63%
- 6M
- -41.73%
- YTD
- -21.69%
- 1Y
- 44.00%
- 3Y*
- 31.60%
- 5Y*
- 18.08%
- 10Y*
- —
- ALL TIME*
- 15.56%
SIVR
- 1D
- 0.28%
- 1M
- -14.81%
- 6M
- -36.40%
- YTD
- -18.89%
- 1Y
- 50.55%
- 3Y*
- 34.19%
- 5Y*
- 19.43%
- 10Y*
- 11.57%
- ALL TIME*
- 9.92%
PSLV.TO vs. SIVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PSLV.TO Sprott Physical Silver Trust | -21.69% | 134.39% | 29.63% | -4.04% | 9.85% | -14.35% | 39.25% | 11.53% | 1.73% |
SIVR abrdn Physical Silver Shares ETF | -18.89% | 134.14% | 31.33% | -3.27% | 9.09% | -12.37% | 44.02% | 10.42% | 3.27% |
Correlation
The correlation between PSLV.TO and SIVR is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2018 | 0.82 |
The correlation between PSLV.TO and SIVR has been stable across timeframes, ranging from 0.82 to 0.91 - a consistent structural relationship.
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Return for Risk
PSLV.TO vs. SIVR — Risk / Return Rank
PSLV.TO
SIVR
PSLV.TO vs. SIVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV.TO) and abrdn 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSLV.TO | SIVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 1.00 | -0.10 |
| Martin ratioReturn relative to average drawdown | 1.87 | 2.04 | -0.16 |
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Drawdowns
PSLV.TO vs. SIVR - Drawdown Comparison
The maximum PSLV.TO drawdown since its inception was -49.08%, smaller than the maximum SIVR drawdown of -63.83%. Use the drawdown chart below to compare losses from any high point for PSLV.TO and SIVR.
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Drawdown Indicators
| PSLV.TO | SIVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.08% | -63.83% | +14.75% |
Max Drawdown (1Y)Largest decline over 1 year | -49.08% | -50.70% | +1.62% |
Max Drawdown (3Y)Largest decline over 3 years | -49.08% | -50.70% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -49.08% | -50.70% | +1.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.70% | — |
Current DrawdownCurrent decline from peak | -48.41% | -50.14% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -36.66% | +20.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.56% | 24.91% | -1.35% |
Volatility
PSLV.TO vs. SIVR - Volatility Comparison
Sprott Physical Silver Trust (PSLV.TO) and abrdn Physical Silver Shares ETF (SIVR) have volatilities of 12.58% and 12.44%, 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.
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Volatility by Period
| PSLV.TO | SIVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.58% | 12.44% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 54.67% | 56.32% | -1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.27% | 60.89% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.55% | 37.26% | -2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.54% | 32.78% | +4.76% |
Dividends
PSLV.TO vs. SIVR - Dividend Comparison
Neither PSLV.TO nor SIVR has paid dividends to shareholders.
Frequently Asked Questions
PSLV.TO and SIVR have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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