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SBT.TO vs. XRH0.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SBT.TO vs. XRH0.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Silver Bullion Fund (SBT.TO) and Xtrackers Physical Rhodium ETC (XRH0.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SBT.TO is traded in CAD, while XRH0.L is traded in USD. To make them comparable, the XRH0.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SBT.TO achieves a -18.66% return, which is significantly higher than XRH0.L's -25.47% return. Over the past 10 years, SBT.TO has underperformed XRH0.L with an annualized return of 11.27%, while XRH0.L has yielded a comparatively higher 28.50% annualized return.


SBT.TO

1D
2.14%
1M
-22.62%
YTD
-18.66%
6M
-23.97%
1Y
57.19%
3Y*
34.43%
5Y*
15.33%
10Y*
11.27%

XRH0.L

1D
1.68%
1M
-7.83%
YTD
-25.47%
6M
-20.94%
1Y
46.02%
3Y*
20.83%
5Y*
-12.84%
10Y*
28.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SBT.TO vs. XRH0.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SBT.TO
Purpose Silver Bullion Fund
-18.66%137.07%18.55%-0.86%1.99%-13.18%48.01%13.31%-12.82%-17.07%
XRH0.L
Xtrackers Physical Rhodium ETC
-25.47%191.29%-7.47%-61.74%1.59%-15.55%176.49%123.24%58.69%86.46%

Correlation

The correlation between SBT.TO and XRH0.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (10Y)
Calculated over the trailing 10-year period

0.05

Correlation (All Time)
Calculated using the full available price history since May 27, 2016

0.05

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Return for Risk

SBT.TO vs. XRH0.L — Risk / Return Rank

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

SBT.TO
SBT.TO Risk / Return Rank: 2828
Overall Rank
SBT.TO Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
SBT.TO Sortino Ratio Rank: 2727
Sortino Ratio Rank
SBT.TO Omega Ratio Rank: 3636
Omega Ratio Rank
SBT.TO Calmar Ratio Rank: 2525
Calmar Ratio Rank
SBT.TO Martin Ratio Rank: 2222
Martin Ratio Rank

XRH0.L
XRH0.L Risk / Return Rank: 2222
Overall Rank
XRH0.L Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
XRH0.L Sortino Ratio Rank: 2626
Sortino Ratio Rank
XRH0.L Omega Ratio Rank: 2727
Omega Ratio Rank
XRH0.L Calmar Ratio Rank: 2323
Calmar Ratio Rank
XRH0.L Martin Ratio Rank: 1919
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.

SBT.TO vs. XRH0.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Silver Bullion Fund (SBT.TO) and Xtrackers Physical Rhodium ETC (XRH0.L). 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.


SBT.TOXRH0.LDifference
Sharpe ratioReturn per unit of total volatility

+0.43

Sortino ratioReturn per unit of downside risk

-0.02

Omega ratioGain probability vs. loss probability

1.22

1.18

+0.04

Calmar ratioReturn relative to maximum drawdown

1.10

1.15

-0.05

Martin ratioReturn relative to average drawdown

2.45

2.13

+0.32

SBT.TO vs. XRH0.L - Sharpe Ratio Comparison

The current SBT.TO Sharpe Ratio is 0.94, which is higher than the XRH0.L Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of SBT.TO and XRH0.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SBT.TO vs. XRH0.L - Drawdown Comparison

The maximum SBT.TO drawdown since its inception was -52.39%, smaller than the maximum XRH0.L drawdown of -85.17%. Use the drawdown chart below to compare losses from any high point for SBT.TO and XRH0.L.


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Drawdown Indicators


SBT.TOXRH0.LDifference

Max Drawdown

Largest peak-to-trough decline

-52.39%

-85.17%

+32.78%

Max Drawdown (1Y)

Largest decline over 1 year

-52.39%

-39.89%

-12.50%

Max Drawdown (3Y)

Largest decline over 3 years

-52.39%

-43.80%

-8.59%

Max Drawdown (5Y)

Largest decline over 5 years

-52.39%

-79.89%

+27.50%

Max Drawdown (10Y)

Largest decline over 10 years

-52.39%

-85.17%

+32.78%

Current Drawdown

Current decline from peak

-50.25%

-63.42%

+13.17%

Average Drawdown

Average peak-to-trough decline

-17.17%

-46.06%

+28.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.42%

21.58%

+1.84%

Volatility

SBT.TO vs. XRH0.L - Volatility Comparison

The current volatility for Purpose Silver Bullion Fund (SBT.TO) is 16.91%, while Xtrackers Physical Rhodium ETC (XRH0.L) has a volatility of 28.15%. This indicates that SBT.TO experiences smaller price fluctuations and is considered to be less risky than XRH0.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SBT.TOXRH0.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.91%

28.15%

-11.24%

Volatility (6M)

Calculated over the trailing 6-month period

59.53%

70.26%

-10.73%

Volatility (1Y)

Calculated over the trailing 1-year period

61.18%

89.57%

-28.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.75%

69.12%

-31.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.39%

66.96%

+0.43%

SBT.TO vs. XRH0.L - Expense Ratio Comparison

SBT.TO has a 0.36% expense ratio, which is lower than XRH0.L's 0.95% expense ratio.


Dividends

SBT.TO vs. XRH0.L - Dividend Comparison

Neither SBT.TO nor XRH0.L has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


SBT.TO and XRH0.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SBT.TO is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SBT.TO is cheaper with a 0.36% expense ratio, compared with 0.95% for XRH0.L.

SBT.TO is categorized as Silver, while XRH0.L is Metals. SBT.TO tracks LBMA Silver Price, while XRH0.L tracks Rhodium. They also come from different issuers: Purpose Investments and Xtrackers. Their fees differ too: 0.36% for SBT.TO and 0.95% for XRH0.L.

Portfolio Optimizer

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