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

Correlation

The correlation between PSLV and SLVP is 0.16, 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: 0.2

Performance

PSLV vs. SLVP - Performance Comparison

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

-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%NovemberDecember2025FebruaryMarchApril
-23.66%
-25.51%
PSLV
SLVP

Key characteristics

Sharpe Ratio

PSLV:

0.73

SLVP:

1.00

Sortino Ratio

PSLV:

1.16

SLVP:

1.59

Omega Ratio

PSLV:

1.15

SLVP:

1.19

Calmar Ratio

PSLV:

0.38

SLVP:

0.86

Martin Ratio

PSLV:

2.68

SLVP:

3.55

Ulcer Index

PSLV:

8.44%

SLVP:

11.84%

Daily Std Dev

PSLV:

30.84%

SLVP:

42.16%

Max Drawdown

PSLV:

-79.38%

SLVP:

-80.47%

Current Drawdown

PSLV:

-48.94%

SLVP:

-27.82%

Returns By Period

In the year-to-date period, PSLV achieves a 16.99% return, which is significantly lower than SLVP's 36.74% return. Over the past 10 years, PSLV has underperformed SLVP with an annualized return of 5.84%, while SLVP has yielded a comparatively higher 7.63% annualized return.


PSLV

YTD

16.99%

1M

-1.57%

6M

-0.79%

1Y

22.32%

5Y*

14.98%

10Y*

5.84%

SLVP

YTD

36.74%

1M

4.92%

6M

5.80%

1Y

37.25%

5Y*

9.35%

10Y*

7.63%

*Annualized

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Risk-Adjusted Performance

PSLV vs. SLVP — 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

SLVP
The Risk-Adjusted Performance Rank of SLVP is 8080
Overall Rank
The Sharpe Ratio Rank of SLVP is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of SLVP is 8383
Sortino Ratio Rank
The Omega Ratio Rank of SLVP is 8080
Omega Ratio Rank
The Calmar Ratio Rank of SLVP is 8080
Calmar Ratio Rank
The Martin Ratio Rank of SLVP is 7878
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. SLVP - Risk-Adjusted Performance 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.


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
SLVP: 1.00
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
SLVP: 1.59
The chart of Omega ratio for PSLV, currently valued at 1.15, compared to the broader market0.501.001.502.00
PSLV: 1.15
SLVP: 1.19
The chart of Calmar ratio for PSLV, currently valued at 0.51, compared to the broader market0.001.002.003.004.005.00
PSLV: 0.51
SLVP: 0.86
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
SLVP: 3.55

The current PSLV Sharpe Ratio is 0.73, which is comparable to the SLVP Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of PSLV and SLVP, 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 Ratio0.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.73
1.00
PSLV
SLVP

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 0.77%.


TTM20242023202220212020201920182017201620152014
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
0.77%1.05%0.87%0.64%1.62%2.39%2.02%1.27%0.85%2.32%0.71%2.03%

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. For additional features, visit the drawdowns tool.


-45.00%-40.00%-35.00%-30.00%-25.00%NovemberDecember2025FebruaryMarchApril
-28.90%
-27.82%
PSLV
SLVP

Volatility

PSLV vs. SLVP - Volatility Comparison

The current volatility for Sprott Physical Silver Trust (PSLV) is 11.67%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 18.98%. This indicates that PSLV experiences smaller price fluctuations and is considered to be less risky than SLVP 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%16.00%18.00%NovemberDecember2025FebruaryMarchApril
11.67%
18.98%
PSLV
SLVP