SII.TO vs. CEF.TO

Last updated Jun 13, 2026

SII.TO (Sprott Inc) and CEF.TO (Sprott Physical Gold and Silver Trust) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 5 years, SII.TO returned 28.49%/yr vs 20.28%/yr for CEF.TO. At a 0.36 correlation, their price movements are largely independent.

Performance

SII.TO vs. CEF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sprott Inc (SII.TO) and Sprott Physical Gold and Silver Trust (CEF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SII.TO achieves a 24.09% return, which is significantly higher than CEF.TO's -3.31% return.

SII.TO

• 1D: 2.64%
• 1M: -6.12%
• YTD: 24.09%
• 6M: 29.21%
• 1Y: 95.63%
• 3Y*: 58.72%
• 5Y*: 28.49%
• 10Y*: 22.78%

CEF.TO

• 1D: 0.25%
• 1M: -7.77%
• YTD: -3.31%
• 6M: 1.74%
• 1Y: 44.72%
• 3Y*: 35.40%
• 5Y*: 20.28%
• 10Y*: —

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

SII.TO vs. CEF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SII.TO Sprott Inc	24.09%	126.73%	38.44%	2.73%	-18.97%	57.52%	25.86%	16.40%	-11.94%
CEF.TO Sprott Physical Gold and Silver Trust	-3.31%	83.74%	34.77%	4.70%	7.88%	-8.74%	29.32%	11.22%	6.94%

Correlation

The correlation between SII.TO and CEF.TO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018	0.36

Over the past year, SII.TO and CEF.TO have become more correlated (0.57) than their long-term average of 0.36, meaning their price movements have been converging.

Fundamentals

Market Cap SII.TO : CA$4.28B CEF.TO : CA$16.08B
EPS SII.TO : CA$4.14 CEF.TO : $17.80
PE Ratio SII.TO : 40.09 CEF.TO : 2.44
PEG Ratio SII.TO : 0.82 CEF.TO : 0.00
PS Ratio SII.TO : 8.98 CEF.TO : 5.15
PB Ratio SII.TO : 8.07 CEF.TO : 1.23
Total Revenue (TTM) SII.TO : CA$476.63M CEF.TO : $1.93B
Gross Profit (TTM) SII.TO : CA$369.54M CEF.TO : $1.91B
EBITDA (TTM) SII.TO : CA$151.96M CEF.TO : $4.07B

Return for Risk

SII.TO vs. CEF.TO — Risk / Return Rank

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

SII.TO

SII.TO Risk / Return Rank: 87
SII.TO Sharpe Ratio Rank: 90
SII.TO Sortino Ratio Rank: 87
SII.TO Omega Ratio Rank: 86
SII.TO Calmar Ratio Rank: 85
SII.TO Martin Ratio Rank: 86

CEF.TO

CEF.TO Risk / Return Rank: 74
CEF.TO Sharpe Ratio Rank: 78
CEF.TO Sortino Ratio Rank: 69
CEF.TO Omega Ratio Rank: 76
CEF.TO Calmar Ratio Rank: 72
CEF.TO Martin Ratio Rank: 74

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.

SII.TO vs. CEF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Inc (SII.TO) and Sprott Physical Gold and Silver Trust (CEF.TO). 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.

	SII.TO	CEF.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.22	+0.88
Sortino ratio: Return per unit of downside risk	2.70	1.58	+1.13
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	3.19	1.61	+1.58
Martin ratio: Return relative to average drawdown	8.77	4.19	+4.59

SII.TO vs. CEF.TO - Sharpe Ratio Comparison

The current SII.TO Sharpe Ratio is 2.10, which is higher than the CEF.TO Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of SII.TO and CEF.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SII.TO vs. CEF.TO - Drawdown Comparison

The maximum SII.TO drawdown since its inception was -81.85%, which is greater than CEF.TO's maximum drawdown of -29.04%. Use the drawdown chart below to compare losses from any high point for SII.TO and CEF.TO.

Drawdown Indicators

	SII.TO	CEF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-81.85%	-29.04%	-52.81%
Max Drawdown (1Y) Largest decline over 1 year	-30.05%	-28.41%	-1.64%
Max Drawdown (3Y) Largest decline over 3 years	-30.05%	-28.41%	-1.64%
Max Drawdown (5Y) Largest decline over 5 years	-43.38%	-28.41%	-14.97%
Max Drawdown (10Y) Largest decline over 10 years	-48.06%	—	—
Current Drawdown Current decline from peak	-26.34%	-24.78%	-1.56%
Average Drawdown Average peak-to-trough decline	-50.79%	-10.08%	-40.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.91%	10.91%	0.00%

Volatility

SII.TO vs. CEF.TO - Volatility Comparison

Sprott Inc (SII.TO) has a higher volatility of 12.70% compared to Sprott Physical Gold and Silver Trust (CEF.TO) at 11.63%. This indicates that SII.TO's price experiences larger fluctuations and is considered to be riskier than CEF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SII.TO	CEF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.70%	11.63%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	38.96%	34.92%	+4.04%
Volatility (1Y) Calculated over the trailing 1-year period	45.64%	37.52%	+8.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.85%	23.20%	+12.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.11%	22.12%	+14.99%

Dividends

SII.TO vs. CEF.TO - Dividend Comparison

SII.TO's dividend yield for the trailing twelve months is around 1.25%, while CEF.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEF.TO Sprott Physical Gold and 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%
SII.TO Sprott Inc	1.25%	1.36%	2.38%	3.04%	2.89%	1.75%	1.67%	0.40%	0.47%	0.49%	0.48%	0.50%

Financials

Frequently Asked Questions

Can I hold both SII.TO and CEF.TO in my portfolio?

SII.TO and CEF.TO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.