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PSLV vs. SIL
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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.

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PSLV vs. SIL - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PSLV
Sprott Physical Silver Trust
3.13%145.08%19.43%-1.94%2.74%-14.13%42.81%16.99%-11.83%4.28%
SIL
Global X Silver Miners ETF
7.85%166.16%14.62%1.31%-22.83%-18.35%40.30%34.78%-22.42%1.67%

Returns By Period

In the year-to-date period, PSLV achieves a 3.13% return, which is significantly lower than SIL's 7.85% return. Both investments have delivered pretty close results over the past 10 years, with PSLV having a 14.87% annualized return and SIL not far behind at 14.65%.


PSLV

1D
7.49%
1M
-21.04%
YTD
3.13%
6M
55.35%
1Y
110.26%
3Y*
43.00%
5Y*
22.17%
10Y*
14.87%

SIL

1D
7.82%
1M
-23.68%
YTD
7.85%
6M
27.11%
1Y
131.18%
3Y*
45.13%
5Y*
18.33%
10Y*
14.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

PSLV vs. SIL — Risk / Return Rank

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

PSLV
PSLV Risk / Return Rank: 8686
Overall Rank
PSLV Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PSLV Sortino Ratio Rank: 8181
Sortino Ratio Rank
PSLV Omega Ratio Rank: 8989
Omega Ratio Rank
PSLV Calmar Ratio Rank: 8484
Calmar Ratio Rank
PSLV Martin Ratio Rank: 8787
Martin Ratio Rank

SIL
SIL Risk / Return Rank: 9494
Overall Rank
SIL Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SIL Sortino Ratio Rank: 9393
Sortino Ratio Rank
SIL Omega Ratio Rank: 9292
Omega Ratio Rank
SIL Calmar Ratio Rank: 9595
Calmar Ratio Rank
SIL Martin Ratio Rank: 9494
Martin Ratio Rank
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.

PSLV vs. SIL - Risk-Adjusted Trends 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.


PSLVSILDifference

Sharpe ratio

Return per unit of total volatility

1.96

2.65

-0.69

Sortino ratio

Return per unit of downside risk

2.11

2.73

-0.62

Omega ratio

Gain probability vs. loss probability

1.37

1.40

-0.03

Calmar ratio

Return relative to maximum drawdown

2.72

3.98

-1.26

Martin ratio

Return relative to average drawdown

8.74

13.73

-4.99

PSLV vs. SIL - Sharpe Ratio Comparison

The current PSLV Sharpe Ratio is 1.96, which is comparable to the SIL Sharpe Ratio of 2.65. 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.


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Sharpe Ratios by Period


PSLVSILDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.96

2.65

-0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.48

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

0.37

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.19

0.14

+0.04

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.


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 1.10%.


TTM20252024202320222021202020192018201720162015
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
1.10%1.18%2.40%0.59%0.48%1.59%1.92%1.53%1.21%0.02%3.34%0.38%

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.


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Drawdown Indicators


PSLVSILDifference

Max Drawdown

Largest peak-to-trough decline

-79.38%

-82.99%

+3.61%

Max Drawdown (1Y)

Largest decline over 1 year

-40.65%

-32.91%

-7.74%

Max Drawdown (5Y)

Largest decline over 5 years

-40.65%

-55.63%

+14.98%

Max Drawdown (10Y)

Largest decline over 10 years

-42.79%

-63.04%

+20.25%

Current Drawdown

Current decline from peak

-32.92%

-23.68%

-9.24%

Average Drawdown

Average peak-to-trough decline

-58.45%

-51.79%

-6.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.66%

9.53%

+3.13%

Volatility

PSLV vs. SIL - Volatility Comparison

Sprott Physical Silver Trust (PSLV) and Global X Silver Miners ETF (SIL) have volatilities of 19.87% and 19.45%, 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


PSLVSILDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.87%

19.45%

+0.42%

Volatility (6M)

Calculated over the trailing 6-month period

56.42%

42.52%

+13.90%

Volatility (1Y)

Calculated over the trailing 1-year period

56.50%

49.72%

+6.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

34.63%

38.63%

-4.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.69%

39.74%

-9.05%