PSLV vs. SLVP
Compare and contrast key facts about Sprott Physical Silver Trust (PSLV) and iShares MSCI Global Silver Miners ETF (SLVP).
SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012.
Performance
PSLV vs. SLVP - Performance Comparison
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PSLV vs. SLVP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SLVP iShares MSCI Global Silver Miners ETF | 3.47% | 202.84% | 14.47% | -2.31% | -18.06% | -23.53% | 56.45% | 37.71% | -22.10% | 4.53% |
Returns By Period
In the year-to-date period, PSLV achieves a 3.13% return, which is significantly lower than SLVP's 3.47% return. Over the past 10 years, PSLV has underperformed SLVP with an annualized return of 14.87%, while SLVP has yielded a comparatively higher 17.38% annualized return.
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%
SLVP
- 1D
- 7.52%
- 1M
- -25.36%
- YTD
- 3.47%
- 6M
- 31.80%
- 1Y
- 141.24%
- 3Y*
- 47.57%
- 5Y*
- 19.59%
- 10Y*
- 17.38%
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Return for Risk
PSLV vs. SLVP — Risk / Return Rank
PSLV
SLVP
PSLV vs. SLVP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) and iShares MSCI Global Silver Miners ETF (SLVP). 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.
| PSLV | SLVP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.96 | 2.64 | -0.67 |
Sortino ratioReturn per unit of downside risk | 2.11 | 2.75 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.39 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.72 | 4.21 | -1.49 |
Martin ratioReturn relative to average drawdown | 8.74 | 14.23 | -5.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PSLV | SLVP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 2.64 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.46 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.41 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.09 | +0.09 |
Correlation
The correlation between PSLV and SLVP is 0.73, 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. SLVP - Dividend Comparison
PSLV has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 1.72%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SLVP iShares MSCI Global Silver Miners ETF | 1.72% | 1.78% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% |
Drawdowns
PSLV vs. SLVP - Drawdown Comparison
The maximum PSLV drawdown since its inception was -79.38%, roughly equal to the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for PSLV and SLVP.
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Drawdown Indicators
| PSLV | SLVP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.38% | -80.47% | +1.09% |
Max Drawdown (1Y)Largest decline over 1 year | -40.65% | -33.57% | -7.08% |
Max Drawdown (5Y)Largest decline over 5 years | -40.65% | -55.36% | +14.71% |
Max Drawdown (10Y)Largest decline over 10 years | -42.79% | -62.03% | +19.24% |
Current DrawdownCurrent decline from peak | -32.92% | -25.36% | -7.56% |
Average DrawdownAverage peak-to-trough decline | -58.45% | -47.13% | -11.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.66% | 9.93% | +2.73% |
Volatility
PSLV vs. SLVP - Volatility Comparison
Sprott Physical Silver Trust (PSLV) and iShares MSCI Global Silver Miners ETF (SLVP) have volatilities of 19.87% and 19.67%, 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 | SLVP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.87% | 19.67% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 56.42% | 44.96% | +11.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.50% | 53.91% | +2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.63% | 42.41% | -7.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.69% | 42.44% | -11.75% |