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PSLV vs. GLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PSLV and GLD is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.0

Performance

PSLV vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Physical Silver Trust (PSLV) and SPDR Gold Trust (GLD). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%NovemberDecember2025FebruaryMarchApril
12.45%
132.30%
PSLV
GLD

Key characteristics

Sharpe Ratio

PSLV:

0.73

GLD:

2.57

Sortino Ratio

PSLV:

1.16

GLD:

3.39

Omega Ratio

PSLV:

1.15

GLD:

1.44

Calmar Ratio

PSLV:

0.38

GLD:

5.28

Martin Ratio

PSLV:

2.68

GLD:

14.46

Ulcer Index

PSLV:

8.44%

GLD:

2.97%

Daily Std Dev

PSLV:

30.84%

GLD:

16.75%

Max Drawdown

PSLV:

-79.38%

GLD:

-45.56%

Current Drawdown

PSLV:

-48.94%

GLD:

-2.38%

Returns By Period

In the year-to-date period, PSLV achieves a 16.99% return, which is significantly lower than GLD's 27.23% return. Over the past 10 years, PSLV has underperformed GLD with an annualized return of 5.84%, while GLD has yielded a comparatively higher 10.35% annualized return.


PSLV

YTD

16.99%

1M

-1.57%

6M

-0.79%

1Y

22.32%

5Y*

14.98%

10Y*

5.84%

GLD

YTD

27.23%

1M

10.63%

6M

21.86%

1Y

43.53%

5Y*

13.67%

10Y*

10.35%

*Annualized

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Risk-Adjusted Performance

PSLV vs. GLD — Risk-Adjusted Performance Rank

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

PSLV
The Risk-Adjusted Performance Rank of PSLV is 7373
Overall Rank
The Sharpe Ratio Rank of PSLV is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of PSLV is 7171
Sortino Ratio Rank
The Omega Ratio Rank of PSLV is 6969
Omega Ratio Rank
The Calmar Ratio Rank of PSLV is 6969
Calmar Ratio Rank
The Martin Ratio Rank of PSLV is 7878
Martin Ratio Rank

GLD
The Risk-Adjusted Performance Rank of GLD is 9696
Overall Rank
The Sharpe Ratio Rank of GLD is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of GLD is 9696
Sortino Ratio Rank
The Omega Ratio Rank of GLD is 9595
Omega Ratio Rank
The Calmar Ratio Rank of GLD is 9898
Calmar Ratio Rank
The Martin Ratio Rank of GLD is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PSLV vs. GLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) and SPDR Gold Trust (GLD). 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.


The chart of Sharpe ratio for PSLV, currently valued at 0.73, compared to the broader market-2.00-1.000.001.002.003.00
PSLV: 0.73
GLD: 2.57
The chart of Sortino ratio for PSLV, currently valued at 1.16, compared to the broader market-6.00-4.00-2.000.002.004.00
PSLV: 1.16
GLD: 3.39
The chart of Omega ratio for PSLV, currently valued at 1.15, compared to the broader market0.501.001.502.00
PSLV: 1.15
GLD: 1.44
The chart of Calmar ratio for PSLV, currently valued at 0.38, compared to the broader market0.001.002.003.004.005.00
PSLV: 0.38
GLD: 5.28
The chart of Martin ratio for PSLV, currently valued at 2.68, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
PSLV: 2.68
GLD: 14.46

The current PSLV Sharpe Ratio is 0.73, which is lower than the GLD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of PSLV and GLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.73
2.57
PSLV
GLD

Dividends

PSLV vs. GLD - Dividend Comparison

Neither PSLV nor GLD has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

PSLV vs. GLD - Drawdown Comparison

The maximum PSLV drawdown since its inception was -79.38%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for PSLV and GLD. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-48.94%
-2.38%
PSLV
GLD

Volatility

PSLV vs. GLD - Volatility Comparison

Sprott Physical Silver Trust (PSLV) has a higher volatility of 11.67% compared to SPDR Gold Trust (GLD) at 8.17%. This indicates that PSLV's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.67%
8.17%
PSLV
GLD