REXC vs. PSLV

Last updated Jul 17, 2026

REXC (Sprott Rare Earths Ex-China ETF) and PSLV (Sprott Physical Silver Trust) are both exchange-traded funds - REXC is a Rare Earth & Strategic Metals fund tracking the Nasdaq Sprott Rare Earths Ex-China Index, while PSLV is a Silver fund tracking the No Index (Physical Silver). Both are passively managed. A 0.52 correlation means they provide meaningful diversification when combined. REXC charges 0.65%/yr vs 0.51%/yr for PSLV.

Performance

REXC vs. PSLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Rare Earths Ex-China ETF (REXC) and Sprott Physical Silver Trust (PSLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

REXC

• 1D: -5.32%
• 1M: -17.09%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSLV

• 1D: -3.51%
• 1M: -20.00%
• 6M: -40.95%
• YTD: -24.40%
• 1Y: 40.13%
• 3Y*: 28.18%
• 5Y*: 14.61%
• 10Y*: 8.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

REXC vs. PSLV - Yearly Performance Comparison

	2026 (YTD)
REXC Sprott Rare Earths Ex-China ETF	-16.36%
PSLV Sprott Physical Silver Trust	-30.67%

Correlation

The correlation between REXC and PSLV is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 15, 2026	0.52

Return for Risk

REXC vs. PSLV — Risk / Return Rank

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

REXC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSLV

PSLV Risk / Return Rank: 23
PSLV Sharpe Ratio Rank: 23
PSLV Sortino Ratio Rank: 24
PSLV Omega Ratio Rank: 29
PSLV Calmar Ratio Rank: 21
PSLV Martin Ratio Rank: 19

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.

REXC vs. PSLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Rare Earths Ex-China ETF (REXC) and Sprott Physical Silver Trust (PSLV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	REXC	PSLV	Difference
Sharpe ratio: Return per unit of total volatility	—	0.66	—
Sortino ratio: Return per unit of downside risk	—	1.13	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	0.79	—
Martin ratio: Return relative to average drawdown	—	1.69	—

Drawdowns

REXC vs. PSLV - Drawdown Comparison

The maximum REXC drawdown since its inception was -28.43%, smaller than the maximum PSLV drawdown of -79.38%. Use the drawdown chart below to compare losses from any high point for REXC and PSLV.

Drawdown Indicators

	REXC	PSLV	Difference
Max Drawdown Largest peak-to-trough decline	-28.43%	-79.38%	+50.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.83%	—
Current Drawdown Current decline from peak	-28.43%	-50.83%	+22.40%
Average Drawdown Average peak-to-trough decline	-10.62%	-58.04%	+47.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.86%	—

Volatility

Volatility by Period

	REXC	PSLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.38%	60.94%	-10.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.38%	36.45%	+13.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.38%	31.51%	+18.87%

REXC vs. PSLV - Expense Ratio Comparison

REXC has a 0.65% expense ratio, which is higher than PSLV's 0.51% expense ratio.

Dividends

REXC vs. PSLV - Dividend Comparison

Neither REXC nor PSLV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both REXC and PSLV in my portfolio?

REXC and PSLV have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, REXC or PSLV?

On fees, PSLV is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, REXC or PSLV?

PSLV is cheaper with a 0.51% expense ratio, compared with 0.65% for REXC.

Which ETF pays a higher dividend yield, REXC or PSLV?

REXC and PSLV have nearly identical dividend yields, around 0.00%.

What is the main difference between REXC and PSLV?

REXC is categorized as Rare Earth & Strategic Metals, while PSLV is Silver. REXC tracks Nasdaq Sprott Rare Earths Ex-China Index, while PSLV tracks No Index (Physical Silver). Their fees differ too: 0.65% for REXC and 0.51% for PSLV.