SPPP.L vs. SLVP
Compare and contrast key facts about Invesco Physical Platinum (SPPP.L) and iShares MSCI Global Silver Miners ETF (SLVP).
SPPP.L and SLVP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPPP.L is a passively managed fund by Invesco that tracks the performance of the Platinum. It was launched on Apr 13, 2011. SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012. Both SPPP.L and SLVP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPPP.L or SLVP.
Key characteristics
| SPPP.L | SLVP | |
|---|---|---|
| YTD Return | -4.30% | 36.91% |
| 1Y Return | 3.02% | 56.45% |
| 3Y Return (Ann) | -0.80% | 1.48% |
| 5Y Return (Ann) | 1.62% | 9.26% |
| 10Y Return (Ann) | -0.68% | 5.11% |
| Sharpe Ratio | 0.08 | 1.51 |
| Sortino Ratio | 0.30 | 2.17 |
| Omega Ratio | 1.03 | 1.26 |
| Calmar Ratio | 0.08 | 0.90 |
| Martin Ratio | 0.23 | 5.66 |
| Ulcer Index | 9.26% | 10.11% |
| Daily Std Dev | 25.02% | 37.76% |
| Max Drawdown | -44.86% | -80.47% |
| Current Drawdown | -19.80% | -36.86% |
Correlation
The correlation between SPPP.L and SLVP is 0.45, 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.
Performance
SPPP.L vs. SLVP - Performance Comparison
In the year-to-date period, SPPP.L achieves a -4.30% return, which is significantly lower than SLVP's 36.91% return. Over the past 10 years, SPPP.L has underperformed SLVP with an annualized return of -0.68%, while SLVP has yielded a comparatively higher 5.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPPP.L vs. SLVP - Expense Ratio Comparison
SPPP.L has a 0.19% expense ratio, which is lower than SLVP's 0.39% expense ratio.
Risk-Adjusted Performance
SPPP.L vs. SLVP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Physical Platinum (SPPP.L) and iShares MSCI Global Silver Miners ETF (SLVP). 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.
Dividends
SPPP.L vs. SLVP - Dividend Comparison
SPPP.L has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPPP.L Invesco Physical Platinum | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SLVP iShares MSCI Global Silver Miners ETF | 0.64% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% | 2.03% | 1.72% |
Drawdowns
SPPP.L vs. SLVP - Drawdown Comparison
The maximum SPPP.L drawdown since its inception was -44.86%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for SPPP.L and SLVP. For additional features, visit the drawdowns tool.
Volatility
SPPP.L vs. SLVP - Volatility Comparison
The current volatility for Invesco Physical Platinum (SPPP.L) is 7.73%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 10.09%. This indicates that SPPP.L experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.