PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SIL vs. PSLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SIL and PSLV is 0.75, 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.


-0.50.00.51.00.7

Performance

SIL vs. PSLV - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
2.99%
-4.73%
SIL
PSLV

Key characteristics

Sharpe Ratio

SIL:

0.58

PSLV:

0.70

Sortino Ratio

SIL:

1.03

PSLV:

1.17

Omega Ratio

SIL:

1.12

PSLV:

1.14

Calmar Ratio

SIL:

0.29

PSLV:

0.33

Martin Ratio

SIL:

2.05

PSLV:

3.05

Ulcer Index

SIL:

10.36%

PSLV:

7.09%

Daily Std Dev

SIL:

36.48%

PSLV:

30.77%

Max Drawdown

SIL:

-82.99%

PSLV:

-79.38%

Current Drawdown

SIL:

-58.79%

PSLV:

-55.40%

Returns By Period

In the year-to-date period, SIL achieves a 18.03% return, which is significantly lower than PSLV's 22.03% return. Over the past 10 years, SIL has underperformed PSLV with an annualized return of 3.23%, while PSLV has yielded a comparatively higher 4.78% annualized return.


SIL

YTD

18.03%

1M

-7.59%

6M

5.60%

1Y

17.43%

5Y*

3.16%

10Y*

3.23%

PSLV

YTD

22.03%

1M

-5.65%

6M

-0.70%

1Y

20.39%

5Y*

9.47%

10Y*

4.78%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SIL vs. PSLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners ETF (SIL) 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.


Sharpe ratio
The chart of Sharpe ratio for SIL, currently valued at 0.58, compared to the broader market0.002.004.000.580.70
The chart of Sortino ratio for SIL, currently valued at 1.03, compared to the broader market-2.000.002.004.006.008.0010.001.031.17
The chart of Omega ratio for SIL, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.14
The chart of Calmar ratio for SIL, currently valued at 0.29, compared to the broader market0.005.0010.0015.000.290.33
The chart of Martin ratio for SIL, currently valued at 2.05, compared to the broader market0.0020.0040.0060.0080.00100.002.053.05
SIL
PSLV

The current SIL Sharpe Ratio is 0.58, which is comparable to the PSLV Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of SIL and PSLV, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.58
0.70
SIL
PSLV

Dividends

SIL vs. PSLV - Dividend Comparison

SIL's dividend yield for the trailing twelve months is around 0.43%, while PSLV has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SIL
Global X Silver Miners ETF
0.43%0.59%0.48%1.59%1.92%1.53%1.22%0.02%3.34%0.38%0.08%0.66%
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%

Drawdowns

SIL vs. PSLV - Drawdown Comparison

The maximum SIL drawdown since its inception was -82.99%, roughly equal to the maximum PSLV drawdown of -79.38%. Use the drawdown chart below to compare losses from any high point for SIL and PSLV. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%JulyAugustSeptemberOctoberNovemberDecember
-58.79%
-55.40%
SIL
PSLV

Volatility

SIL vs. PSLV - Volatility Comparison

Global X Silver Miners ETF (SIL) has a higher volatility of 12.37% compared to Sprott Physical Silver Trust (PSLV) at 7.26%. This indicates that SIL's price experiences larger fluctuations and is considered to be riskier than PSLV 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%JulyAugustSeptemberOctoberNovemberDecember
12.37%
7.26%
SIL
PSLV
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab