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

Performance

PSLV vs. SLV - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.88%
1.78%
PSLV
SLV

Returns By Period

The year-to-date returns for both investments are quite close, with PSLV having a 28.09% return and SLV slightly higher at 28.74%. Over the past 10 years, PSLV has underperformed SLV with an annualized return of 4.69%, while SLV has yielded a comparatively higher 5.93% annualized return.


PSLV

YTD

28.09%

1M

-11.76%

6M

2.88%

1Y

29.05%

5Y (annualized)

10.68%

10Y (annualized)

4.69%

SLV

YTD

28.74%

1M

-11.66%

6M

1.78%

1Y

29.40%

5Y (annualized)

12.05%

10Y (annualized)

5.93%

Key characteristics


PSLVSLV
Sharpe Ratio0.910.93
Sortino Ratio1.431.47
Omega Ratio1.171.18
Calmar Ratio0.420.50
Martin Ratio3.833.71
Ulcer Index7.34%7.76%
Daily Std Dev30.94%30.94%
Max Drawdown-79.38%-76.28%
Current Drawdown-53.19%-40.67%

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Correlation

-0.50.00.51.00.9

The correlation between PSLV and SLV is 0.94, 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.

Risk-Adjusted Performance

PSLV vs. SLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) and iShares Silver Trust (SLV). 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 0.91, compared to the broader market-4.00-2.000.002.004.000.910.93
The chart of Sortino ratio for PSLV, currently valued at 1.43, compared to the broader market-4.00-2.000.002.004.001.431.47
The chart of Omega ratio for PSLV, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.18
The chart of Calmar ratio for PSLV, currently valued at 0.42, compared to the broader market0.002.004.006.000.420.50
The chart of Martin ratio for PSLV, currently valued at 3.83, compared to the broader market0.0010.0020.0030.003.833.71
PSLV
SLV

The current PSLV Sharpe Ratio is 0.91, which is comparable to the SLV Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of PSLV and SLV, 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 Ratio0.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.91
0.93
PSLV
SLV

Dividends

PSLV vs. SLV - Dividend Comparison

Neither PSLV nor SLV has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

PSLV vs. SLV - Drawdown Comparison

The maximum PSLV drawdown since its inception was -79.38%, roughly equal to the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for PSLV and SLV. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%JuneJulyAugustSeptemberOctoberNovember
-53.19%
-40.67%
PSLV
SLV

Volatility

PSLV vs. SLV - Volatility Comparison

Sprott Physical Silver Trust (PSLV) and iShares Silver Trust (SLV) have volatilities of 8.47% and 8.27%, 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.


8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
8.47%
8.27%
PSLV
SLV