SLVI.L vs. SLV

Last updated Apr 1, 2026

Compare and contrast key facts about IncomeShares Silver+ Yield ETP (SLVI.L) and iShares Silver Trust (SLV).

SLVI.L and SLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLVI.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025. SLV is a passively managed fund by iShares that tracks the performance of the LBMA Silver Price. It was launched on Apr 21, 2006.

Performance

SLVI.L vs. SLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Silver+ Yield ETP (SLVI.L) and iShares Silver Trust (SLV). The values are adjusted to include any dividend payments, if applicable.

SLVI.L vs. SLV - Yearly Performance Comparison

	2026 (YTD)	2025
SLVI.L IncomeShares Silver+ Yield ETP	0.55%	73.06%
SLV iShares Silver Trust	5.77%	96.34%

Returns By Period

In the year-to-date period, SLVI.L achieves a 0.55% return, which is significantly lower than SLV's 5.77% return.

SLVI.L

• 1D: 3.69%
• 1M: -18.42%
• YTD: 0.55%
• 6M: 40.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLV

• 1D: 7.27%
• 1M: -19.83%
• YTD: 5.77%
• 6M: 60.82%
• 1Y: 119.88%
• 3Y*: 45.50%
• 5Y*: 24.10%
• 10Y*: 16.87%

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

SLVI.L vs. SLV - Expense Ratio Comparison

SLVI.L has a 0.35% expense ratio, which is lower than SLV's 0.50% expense ratio.

SLV

iShares Silver Trust

SLVI.L

IncomeShares Silver+ Yield ETP

Return for Risk

SLVI.L vs. SLV — Risk / Return Rank

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

SLV

SLV Risk / Return Rank: 89
SLV Sharpe Ratio Rank: 93
SLV Sortino Ratio Rank: 86
SLV Omega Ratio Rank: 92
SLV Calmar Ratio Rank: 90
SLV Martin Ratio Rank: 83

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.

SLVI.L vs. SLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Silver+ Yield ETP (SLVI.L) and iShares Silver Trust (SLV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SLVI.L	SLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.05	0.25	+1.80

Correlation

The correlation between SLVI.L and SLV is 0.76, 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.

Dividends

SLVI.L vs. SLV - Dividend Comparison

SLVI.L's dividend yield for the trailing twelve months is around 0.07%, while SLV has not paid dividends to shareholders.

	TTM	2025
SLVI.L IncomeShares Silver+ Yield ETP	0.07%	0.02%
SLV iShares Silver Trust	0.00%	0.00%

Drawdowns

SLVI.L vs. SLV - Drawdown Comparison

The maximum SLVI.L drawdown since its inception was -37.77%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for SLVI.L and SLV.

Drawdown Indicators

	SLVI.L	SLV	Difference
Max Drawdown Largest peak-to-trough decline	-37.77%	-76.28%	+38.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.81%	—
Current Drawdown Current decline from peak	-31.59%	-35.47%	+3.88%
Average Drawdown Average peak-to-trough decline	-8.07%	-44.76%	+36.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.63%	—

Volatility

Volatility by Period

	SLVI.L	SLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.22%	57.07%	-4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.22%	35.28%	+16.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.22%	31.36%	+20.86%