SIVR vs. PALL
SIVR (abrdn Physical Silver Shares ETF) and PALL (abrdn Physical Palladium Shares ETF) are both exchange-traded funds - SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt), while PALL is a Precious Metals fund tracking the Palladium London PM Fix ($/ozt). Both are passively managed. Over the past 10 years, SIVR returned 11.07%/yr vs 5.48%/yr for PALL. Their 0.48 correlation means their historical movements had little consistent relationship. SIVR charges 0.30%/yr vs 0.60%/yr for PALL.
Performance
SIVR vs. PALL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIVR achieves a -18.49% return, which is significantly higher than PALL's -21.48% return. Over the past 10 years, SIVR has outperformed PALL with an annualized return of 11.07%, while PALL has yielded a comparatively lower 5.48% annualized return.
SIVR
- 1D
- 0.15%
- 1M
- -4.65%
- 6M
- -27.56%
- YTD
- -18.49%
- 1Y
- 56.49%
- 3Y*
- 34.54%
- 5Y*
- 17.62%
- 10Y*
- 11.07%
- ALL TIME*
- 8.45%
PALL
- 1D
- -1.72%
- 1M
- -0.35%
- 6M
- -26.89%
- YTD
- -21.48%
- 1Y
- 3.67%
- 3Y*
- -0.66%
- 5Y*
- -14.30%
- 10Y*
- 5.48%
- ALL TIME*
- 5.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.67M | $14.02M | $19.56M | |
| $53.73M | $50.42M | $86.10M |
SIVR vs. PALL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SIVR abrdn Physical Silver Shares ETF | -18.49% | 145.34% | 21.08% | -0.91% | 2.59% | -12.33% | 47.52% | 15.17% | -8.96% | 5.97% |
PALL abrdn Physical Palladium Shares ETF | -21.48% | 74.07% | -17.38% | -38.77% | -6.28% | -23.26% | 25.27% | 53.94% | 17.23% | 55.73% |
Correlation
The correlation between SIVR and PALL is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2010 | 0.48 |
The correlation between SIVR and PALL shifts across timeframes, from 0.44 (10 years) to 0.66 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIVR vs. PALL — Risk / Return Rank
SIVR
PALL
SIVR vs. PALL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Silver Shares ETF (SIVR) and abrdn Physical Palladium Shares ETF (PALL). 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.
| SIVR | PALL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.09 | +1.00 |
| Martin ratioReturn relative to average drawdown | 2.06 | 0.17 | +1.90 |
Loading charts...
Drawdowns
SIVR vs. PALL - Drawdown Comparison
The maximum SIVR drawdown since its inception was -75.85%, roughly equal to the maximum PALL drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for SIVR and PALL.
Loading charts...
Drawdown Indicators
| SIVR | PALL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.85% | -73.63% | -2.22% |
Max Drawdown (1Y)Largest decline over 1 year | -52.27% | -43.20% | -9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -52.27% | -43.20% | -9.07% |
Max Drawdown (5Y)Largest decline over 5 years | -52.27% | -73.63% | +21.36% |
Max Drawdown (10Y)Largest decline over 10 years | -52.27% | -73.63% | +21.36% |
Current DrawdownCurrent decline from peak | -50.28% | -61.31% | +11.03% |
Average DrawdownAverage peak-to-trough decline | -47.84% | -27.14% | -20.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.46% | 22.15% | +5.31% |
Volatility
SIVR vs. PALL - Volatility Comparison
abrdn Physical Silver Shares ETF (SIVR) and abrdn Physical Palladium Shares ETF (PALL) have volatilities of 10.92% and 11.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SIVR | PALL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.92% | 11.47% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 44.35% | 31.33% | +13.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.45% | 50.73% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.01% | 42.64% | -5.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.27% | 38.20% | -5.93% |
SIVR vs. PALL - Expense Ratio Comparison
SIVR has a 0.30% expense ratio, which is lower than PALL's 0.60% expense ratio.
Dividends
SIVR vs. PALL - Dividend Comparison
Neither SIVR nor PALL has paid dividends to shareholders.
Frequently Asked Questions
SIVR and PALL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PALL has higher volatility (11.47%) compared to SIVR (10.92%). In terms of maximum drawdown, SIVR dropped -75.85% vs PALL's -73.63%.
On 10-year performance, SIVR leads with 11.07% vs 5.48% for PALL. On fees, SIVR is cheaper at 0.30% per year. On volatility, SIVR has been the lower-risk option at 10.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SIVR has performed better with a 11.07% return vs 5.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SIVR is cheaper with a 0.30% expense ratio, compared with 0.60% for PALL.
SIVR and PALL have nearly identical dividend yields, around 0.00%.
SIVR is categorized as Silver, while PALL is Precious Metals. SIVR tracks LBMA Silver Price ($/ozt), while PALL tracks Palladium London PM Fix ($/ozt). Their fees differ too: 0.30% for SIVR and 0.60% for PALL.
SIVR currently has the higher Sharpe Ratio (0.93 vs 0.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SIVR and PALL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer