SIVR vs. SPPP.L
SIVR (abrdn Physical Silver Shares ETF) and SPPP.L (Invesco Physical Platinum) are both exchange-traded funds - SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt), while SPPP.L is a Precious Metals fund tracking the Platinum. Both are passively managed. Over the past 10 years, SIVR returned 11.29%/yr vs 3.71%/yr for SPPP.L. A 0.54 correlation means they provide meaningful diversification when combined. SIVR charges 0.30%/yr vs 0.19%/yr for SPPP.L.
Performance
SIVR vs. SPPP.L - Performance Comparison
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Different Trading Currencies
SIVR is traded in USD, while SPPP.L is traded in GBp. To make them comparable, the SPPP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SIVR achieves a -16.88% return, which is significantly higher than SPPP.L's -22.18% return. Over the past 10 years, SIVR has outperformed SPPP.L with an annualized return of 11.29%, while SPPP.L has yielded a comparatively lower 3.71% annualized return.
SIVR
- 1D
- 1.59%
- 1M
- -21.69%
- YTD
- -16.88%
- 6M
- -22.35%
- 1Y
- 63.38%
- 3Y*
- 37.03%
- 5Y*
- 17.50%
- 10Y*
- 11.29%
SPPP.L
- 1D
- -1.72%
- 1M
- -19.09%
- YTD
- -22.18%
- 6M
- -29.47%
- 1Y
- 16.70%
- 3Y*
- 19.32%
- 5Y*
- 7.36%
- 10Y*
- 3.71%
SIVR vs. SPPP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SIVR abrdn Physical Silver Shares ETF | -16.88% | 145.34% | 21.08% | -0.91% | 2.59% | -12.33% | 47.52% | 15.17% | -8.96% | 5.97% |
SPPP.L Invesco Physical Platinum | -22.18% | 120.27% | -9.95% | -5.99% | 10.75% | -11.16% | 10.33% | 22.39% | -15.05% | 1.98% |
Correlation
The correlation between SIVR and SPPP.L is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2014 | 0.54 |
The correlation between SIVR and SPPP.L shifts across timeframes, from 0.52 (10 years) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SIVR vs. SPPP.L — Risk / Return Rank
SIVR
SPPP.L
SIVR vs. SPPP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Silver Shares ETF (SIVR) and Invesco Physical Platinum (SPPP.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.
| SIVR | SPPP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.10 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.37 | +0.88 |
| Martin ratioReturn relative to average drawdown | 2.77 | 0.83 | +1.94 |
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Drawdowns
SIVR vs. SPPP.L - Drawdown Comparison
The maximum SIVR drawdown since its inception was -75.85%, which is greater than SPPP.L's maximum drawdown of -62.33%. Use the drawdown chart below to compare losses from any high point for SIVR and SPPP.L.
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Drawdown Indicators
| SIVR | SPPP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.85% | -62.33% | -13.52% |
Max Drawdown (1Y)Largest decline over 1 year | -50.92% | -45.13% | -5.79% |
Max Drawdown (3Y)Largest decline over 3 years | -50.92% | -45.13% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -50.92% | -45.13% | -5.79% |
Max Drawdown (10Y)Largest decline over 10 years | -50.92% | -51.31% | +0.39% |
Current DrawdownCurrent decline from peak | -49.29% | -45.13% | -4.16% |
Average DrawdownAverage peak-to-trough decline | -47.83% | -34.84% | -12.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.98% | 20.11% | +2.87% |
Volatility
SIVR vs. SPPP.L - Volatility Comparison
abrdn Physical Silver Shares ETF (SIVR) has a higher volatility of 15.69% compared to Invesco Physical Platinum (SPPP.L) at 10.96%. This indicates that SIVR's price experiences larger fluctuations and is considered to be riskier than SPPP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIVR | SPPP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.69% | 10.96% | +4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 58.87% | 41.26% | +17.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.71% | 47.76% | +12.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.77% | 32.49% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.16% | 29.35% | +2.81% |
SIVR vs. SPPP.L - Expense Ratio Comparison
SIVR has a 0.30% expense ratio, which is higher than SPPP.L's 0.19% expense ratio.
Dividends
SIVR vs. SPPP.L - Dividend Comparison
Neither SIVR nor SPPP.L has paid dividends to shareholders.
Frequently Asked Questions
SIVR and SPPP.L 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.
On fees, SPPP.L is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPP.L is cheaper with a 0.19% expense ratio, compared with 0.30% for SIVR.
SIVR is categorized as Silver, while SPPP.L is Precious Metals. SIVR tracks LBMA Silver Price ($/ozt), while SPPP.L tracks Platinum. They also come from different issuers: abrdn and Invesco. Their fees differ too: 0.30% for SIVR and 0.19% for SPPP.L.
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