SIVR vs. PHYS.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Aberdeen Standard Physical Silver Shares ETF (SIVR) and Sprott Physical Gold Trust (PHYS.TO).

SIVR is a passively managed fund by Aberdeen that tracks the performance of the LBMA Silver Price ($/ozt). It was launched on Jul 24, 2009.

Performance

SIVR vs. PHYS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Silver Shares ETF (SIVR) and Sprott Physical Gold Trust (PHYS.TO). The values are adjusted to include any dividend payments, if applicable.

SIVR vs. PHYS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SIVR Aberdeen Standard Physical Silver Shares ETF	5.81%	145.34%	21.08%	-0.91%	2.59%	-12.33%	47.52%	15.17%	-7.62%
PHYS.TO Sprott Physical Gold Trust	9.65%	63.84%	26.56%	13.17%	-2.07%	-4.67%	23.81%	17.73%	-4.22%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SIVR achieves a 5.81% return, which is significantly lower than PHYS.TO's 9.65% return.

SIVR

• 1D: -0.06%
• 1M: -16.47%
• YTD: 5.81%
• 6M: 58.90%
• 1Y: 123.03%
• 3Y*: 45.76%
• 5Y*: 24.34%
• 10Y*: 17.10%

PHYS.TO

• 1D: 1.89%
• 1M: -11.08%
• YTD: 9.65%
• 6M: 21.84%
• 1Y: 49.65%
• 3Y*: 32.78%
• 5Y*: 21.73%
• 10Y*: —

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

Return for Risk

SIVR vs. PHYS.TO — Risk / Return Rank

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

SIVR

SIVR Risk / Return Rank: 86
SIVR Sharpe Ratio Rank: 92
SIVR Sortino Ratio Rank: 83
SIVR Omega Ratio Rank: 91
SIVR Calmar Ratio Rank: 87
SIVR Martin Ratio Rank: 78

PHYS.TO

PHYS.TO Risk / Return Rank: 83
PHYS.TO Sharpe Ratio Rank: 86
PHYS.TO Sortino Ratio Rank: 79
PHYS.TO Omega Ratio Rank: 83
PHYS.TO Calmar Ratio Rank: 81
PHYS.TO Martin Ratio Rank: 86

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.

SIVR vs. PHYS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Silver Shares ETF (SIVR) and Sprott Physical Gold Trust (PHYS.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.

	SIVR	PHYS.TO	Difference
Sharpe ratio Return per unit of total volatility	2.17	1.74	+0.43
Sortino ratio Return per unit of downside risk	2.24	2.14	+0.09
Omega ratio Gain probability vs. loss probability	1.40	1.32	+0.08
Calmar ratio Return relative to maximum drawdown	2.83	2.63	+0.21
Martin ratio Return relative to average drawdown	8.74	9.44	-0.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIVR vs. PHYS.TO - Sharpe Ratio Comparison

The current SIVR Sharpe Ratio is 2.17, which is comparable to the PHYS.TO Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of SIVR and PHYS.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SIVR	PHYS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	1.74	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	1.20	-0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.59	-0.26

Correlation

The correlation between SIVR and PHYS.TO is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SIVR vs. PHYS.TO - Dividend Comparison

Neither SIVR nor PHYS.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SIVR vs. PHYS.TO - Drawdown Comparison

The maximum SIVR drawdown since its inception was -75.85%, which is greater than PHYS.TO's maximum drawdown of -30.94%. Use the drawdown chart below to compare losses from any high point for SIVR and PHYS.TO.

Drawdown Indicators

	SIVR	PHYS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-75.85%	-27.08%	-48.77%
Max Drawdown (1Y) Largest decline over 1 year	-42.42%	-18.14%	-24.28%
Max Drawdown (5Y) Largest decline over 5 years	-42.42%	-18.14%	-24.28%
Max Drawdown (10Y) Largest decline over 10 years	-42.42%	—	—
Current Drawdown Current decline from peak	-35.45%	-9.73%	-25.72%
Average Drawdown Average peak-to-trough decline	-47.99%	-7.72%	-40.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.75%	5.15%	+8.60%

Volatility

SIVR vs. PHYS.TO - Volatility Comparison

Aberdeen Standard Physical Silver Shares ETF (SIVR) has a higher volatility of 16.98% compared to Sprott Physical Gold Trust (PHYS.TO) at 10.60%. This indicates that SIVR's price experiences larger fluctuations and is considered to be riskier than PHYS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIVR	PHYS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.98%	10.60%	+6.38%
Volatility (6M) Calculated over the trailing 6-month period	57.26%	25.03%	+32.23%
Volatility (1Y) Calculated over the trailing 1-year period	57.02%	28.60%	+28.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.30%	18.19%	+17.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.39%	27.43%	+3.96%