SIVR vs. XRH0.L

Last updated Jul 1, 2026

SIVR (abrdn Physical Silver Shares ETF) and XRH0.L (Xtrackers Physical Rhodium ETC) are both exchange-traded funds - SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt), while XRH0.L is a Metals fund tracking the Rhodium. Both are passively managed. Over the past 10 years, SIVR returned 11.29%/yr vs 27.32%/yr for XRH0.L. At a 0.08 correlation, their price movements are largely independent. SIVR charges 0.30%/yr vs 0.95%/yr for XRH0.L.

Performance

SIVR vs. XRH0.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Physical Silver Shares ETF (SIVR) and Xtrackers Physical Rhodium ETC (XRH0.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIVR achieves a -16.88% return, which is significantly higher than XRH0.L's -28.17% return. Over the past 10 years, SIVR has underperformed XRH0.L with an annualized return of 11.29%, while XRH0.L has yielded a comparatively higher 27.32% 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%

XRH0.L

• 1D: 1.54%
• 1M: -10.60%
• YTD: -28.17%
• 6M: -23.84%
• 1Y: 40.60%
• 3Y*: 18.05%
• 5Y*: -15.19%
• 10Y*: 27.32%

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

SIVR vs. XRH0.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%
XRH0.L Xtrackers Physical Rhodium ETC	-28.17%	205.23%	-14.69%	-60.81%	-4.46%	-15.51%	183.21%	132.83%	46.39%	100.00%

Correlation

The correlation between SIVR and XRH0.L is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since May 19, 2011	0.08

The correlation between SIVR and XRH0.L shifts across timeframes, from 0.08 (10 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SIVR vs. XRH0.L — Risk / Return Rank

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

SIVR

SIVR Risk / Return Rank: 30
SIVR Sharpe Ratio Rank: 32
SIVR Sortino Ratio Rank: 29
SIVR Omega Ratio Rank: 40
SIVR Calmar Ratio Rank: 27
SIVR Martin Ratio Rank: 23

XRH0.L

XRH0.L Risk / Return Rank: 22
XRH0.L Sharpe Ratio Rank: 16
XRH0.L Sortino Ratio Rank: 26
XRH0.L Omega Ratio Rank: 27
XRH0.L Calmar Ratio Rank: 23
XRH0.L Martin Ratio Rank: 19

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. XRH0.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Silver Shares ETF (SIVR) and Xtrackers Physical Rhodium ETC (XRH0.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	XRH0.L	Difference
Sharpe ratio: Return per unit of total volatility	1.05	0.45	+0.60
Sortino ratio: Return per unit of downside risk	1.46	1.33	+0.13
Omega ratio: Gain probability vs. loss probability	1.24	1.17	+0.06
Calmar ratio: Return relative to maximum drawdown	1.25	1.00	+0.25
Martin ratio: Return relative to average drawdown	2.77	1.91	+0.86

SIVR vs. XRH0.L - Sharpe Ratio Comparison

The current SIVR Sharpe Ratio is 1.05, which is higher than the XRH0.L Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of SIVR and XRH0.L, 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

SIVR vs. XRH0.L - Drawdown Comparison

The maximum SIVR drawdown since its inception was -75.85%, smaller than the maximum XRH0.L drawdown of -85.90%. Use the drawdown chart below to compare losses from any high point for SIVR and XRH0.L.

Drawdown Indicators

	SIVR	XRH0.L	Difference
Max Drawdown Largest peak-to-trough decline	-75.85%	-85.90%	+10.05%
Max Drawdown (1Y) Largest decline over 1 year	-50.92%	-40.30%	-10.62%
Max Drawdown (3Y) Largest decline over 3 years	-50.92%	-46.87%	-4.05%
Max Drawdown (5Y) Largest decline over 5 years	-50.92%	-81.27%	+30.35%
Max Drawdown (10Y) Largest decline over 10 years	-50.92%	-85.90%	+34.98%
Current Drawdown Current decline from peak	-49.29%	-67.56%	+18.27%
Average Drawdown Average peak-to-trough decline	-47.83%	-50.59%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.98%	21.21%	+1.77%

Volatility

SIVR vs. XRH0.L - Volatility Comparison

The current volatility for abrdn Physical Silver Shares ETF (SIVR) is 15.69%, while Xtrackers Physical Rhodium ETC (XRH0.L) has a volatility of 28.09%. This indicates that SIVR experiences smaller price fluctuations and is considered to be less risky than XRH0.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIVR	XRH0.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.69%	28.09%	-12.40%
Volatility (6M) Calculated over the trailing 6-month period	58.87%	70.45%	-11.58%
Volatility (1Y) Calculated over the trailing 1-year period	60.71%	89.78%	-29.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.77%	69.02%	-32.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.16%	66.84%	-34.68%

SIVR vs. XRH0.L - Expense Ratio Comparison

SIVR has a 0.30% expense ratio, which is lower than XRH0.L's 0.95% expense ratio.

Dividends

SIVR vs. XRH0.L - Dividend Comparison

Neither SIVR nor XRH0.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SIVR and XRH0.L in my portfolio?

SIVR and XRH0.L have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SIVR or XRH0.L?

On fees, SIVR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SIVR or XRH0.L?

SIVR is cheaper with a 0.30% expense ratio, compared with 0.95% for XRH0.L.

What is the main difference between SIVR and XRH0.L?

SIVR is categorized as Silver, while XRH0.L is Metals. SIVR tracks LBMA Silver Price ($/ozt), while XRH0.L tracks Rhodium. They also come from different issuers: abrdn and Xtrackers. Their fees differ too: 0.30% for SIVR and 0.95% for XRH0.L.