SLVR.L vs. SLVI.L

Last updated Jun 4, 2026

SLVR.L (WisdomTree Silver) and SLVI.L (IncomeShares Silver+ Yield ETP) are both Silver funds. SLVR.L is passively managed, while SLVI.L is actively managed. Their correlation of 0.91 suggests significant overlap in exposure. SLVR.L charges 0.49%/yr vs 0.35%/yr for SLVI.L.

Performance

SLVR.L vs. SLVI.L - Performance Comparison

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

Returns By Period

In the year-to-date period, SLVR.L achieves a 3.18% return, which is significantly higher than SLVI.L's -3.63% return.

SLVR.L

• 1D: -3.39%
• 1M: -3.55%
• YTD: 3.18%
• 6M: 24.16%
• 1Y: 108.17%
• 3Y*: 42.86%
• 5Y*: 19.09%
• 10Y*: 13.51%

SLVI.L

• 1D: -3.15%
• 1M: -2.99%
• YTD: -3.63%
• 6M: 15.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLVR.L vs. SLVI.L - Yearly Performance Comparison

	2026 (YTD)	2025
SLVR.L WisdomTree Silver	3.18%	94.43%
SLVI.L IncomeShares Silver+ Yield ETP	-3.63%	73.06%

Correlation

The correlation between SLVR.L and SLVI.L is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.91

Return for Risk

SLVR.L vs. SLVI.L — Risk / Return Rank

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

SLVR.L

SLVR.L Risk / Return Rank: 47
SLVR.L Sharpe Ratio Rank: 52
SLVR.L Sortino Ratio Rank: 43
SLVR.L Omega Ratio Rank: 52
SLVR.L Calmar Ratio Rank: 52
SLVR.L Martin Ratio Rank: 36

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.

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

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

	SLVR.L	SLVI.L	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.20	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.64	—	—
Martin ratio: Return relative to average drawdown	5.79	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SLVR.L	SLVI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	1.44	-1.23

Drawdowns

SLVR.L vs. SLVI.L - Drawdown Comparison

The maximum SLVR.L drawdown since its inception was -79.93%, which is greater than SLVI.L's maximum drawdown of -37.77%. Use the drawdown chart below to compare losses from any high point for SLVR.L and SLVI.L.

Drawdown Indicators

	SLVR.L	SLVI.L	Difference
Max Drawdown Largest peak-to-trough decline	-79.93%	-37.77%	-42.16%
Max Drawdown (1Y) Largest decline over 1 year	-40.74%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.74%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.90%	—	—
Current Drawdown Current decline from peak	-35.69%	-34.44%	-1.25%
Average Drawdown Average peak-to-trough decline	-49.44%	-12.19%	-37.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.61%	—	—

Volatility

Volatility by Period

	SLVR.L	SLVI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.81%	50.97%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.81%	50.97%	-14.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.96%	50.97%	-19.01%

SLVR.L vs. SLVI.L - Expense Ratio Comparison

SLVR.L has a 0.49% expense ratio, which is higher than SLVI.L's 0.35% expense ratio.

Dividends

SLVR.L vs. SLVI.L - Dividend Comparison

SLVR.L has not paid dividends to shareholders, while SLVI.L's dividend yield for the trailing twelve months is around 0.11%.

Position	TTM	2025
SLVI.L IncomeShares Silver+ Yield ETP	0.11%	0.02%
SLVR.L WisdomTree Silver	0.00%	0.00%

Frequently Asked Questions

Can I hold both SLVR.L and SLVI.L in my portfolio?

With a correlation of 0.91, SLVR.L and SLVI.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SLVR.L or SLVI.L?

On fees, SLVI.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLVR.L or SLVI.L?

SLVI.L is cheaper with a 0.35% expense ratio, compared with 0.49% for SLVR.L.

What is the main difference between SLVR.L and SLVI.L?

They also come from different issuers: WisdomTree and IncomeShares. Their fees differ too: 0.49% for SLVR.L and 0.35% for SLVI.L.