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

Correlation

The correlation between PSLV and SIL is 0.75, 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.


-0.50.00.51.00.7

Performance

PSLV vs. SIL - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-1.59%
-37.06%
PSLV
SIL

Key characteristics

Sharpe Ratio

PSLV:

0.66

SIL:

0.53

Sortino Ratio

PSLV:

1.12

SIL:

0.96

Omega Ratio

PSLV:

1.13

SIL:

1.11

Calmar Ratio

PSLV:

0.31

SIL:

0.27

Martin Ratio

PSLV:

2.81

SIL:

1.83

Ulcer Index

PSLV:

7.23%

SIL:

10.52%

Daily Std Dev

PSLV:

30.82%

SIL:

36.29%

Max Drawdown

PSLV:

-79.38%

SIL:

-82.99%

Current Drawdown

PSLV:

-55.31%

SIL:

-59.01%

Returns By Period

In the year-to-date period, PSLV achieves a 22.28% return, which is significantly higher than SIL's 17.40% return. Over the past 10 years, PSLV has outperformed SIL with an annualized return of 5.04%, while SIL has yielded a comparatively lower 3.40% annualized return.


PSLV

YTD

22.28%

1M

-4.82%

6M

-1.50%

1Y

19.04%

5Y*

9.50%

10Y*

5.04%

SIL

YTD

17.40%

1M

-8.24%

6M

4.77%

1Y

15.63%

5Y*

2.17%

10Y*

3.40%

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Risk-Adjusted Performance

PSLV vs. SIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) and Global X Silver Miners ETF (SIL). 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.


Sharpe ratio
The chart of Sharpe ratio for PSLV, currently valued at 0.66, compared to the broader market-4.00-2.000.002.000.660.53
The chart of Sortino ratio for PSLV, currently valued at 1.12, compared to the broader market-4.00-2.000.002.004.001.120.96
The chart of Omega ratio for PSLV, currently valued at 1.13, compared to the broader market0.501.001.502.001.131.11
The chart of Calmar ratio for PSLV, currently valued at 0.31, compared to the broader market0.002.004.006.000.310.27
The chart of Martin ratio for PSLV, currently valued at 2.81, compared to the broader market-5.000.005.0010.0015.0020.0025.002.811.83
PSLV
SIL

The current PSLV Sharpe Ratio is 0.66, which is comparable to the SIL Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of PSLV and SIL, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.66
0.53
PSLV
SIL

Dividends

PSLV vs. SIL - Dividend Comparison

PSLV has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
PSLV
Sprott Physical Silver Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SIL
Global X Silver Miners ETF
0.43%0.59%0.48%1.59%1.92%1.53%1.22%0.02%3.34%0.38%0.08%0.66%

Drawdowns

PSLV vs. SIL - Drawdown Comparison

The maximum PSLV drawdown since its inception was -79.38%, roughly equal to the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for PSLV and SIL. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-55.31%
-59.01%
PSLV
SIL

Volatility

PSLV vs. SIL - Volatility Comparison

The current volatility for Sprott Physical Silver Trust (PSLV) is 7.42%, while Global X Silver Miners ETF (SIL) has a volatility of 12.27%. This indicates that PSLV experiences smaller price fluctuations and is considered to be less risky than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.42%
12.27%
PSLV
SIL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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