PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SSLN.L vs. ASML
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SSLN.L vs. ASML

Last updated Jun 13, 2026

SSLN.L (iShares Physical Silver ETC) is Silver fund tracking the LBMA Silver Price, while ASML (ASML Holding N.V.) is a stock. Over the past 10 years, SSLN.L returned 14.83%/yr vs 36.70%/yr for ASML. At a 0.09 correlation, their price movements are largely independent.

Performance

SSLN.L vs. ASML - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Physical Silver ETC (SSLN.L) and ASML Holding N.V. (ASML). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

SSLN.L is traded in GBp, while ASML is traded in USD. To make them comparable, the ASML values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, SSLN.L achieves a -5.21% return, which is significantly lower than ASML's 75.69% return. Over the past 10 years, SSLN.L has underperformed ASML with an annualized return of 14.83%, while ASML has yielded a comparatively higher 36.70% annualized return.

SSLN.L

1D
5.29%
1M
-22.94%
YTD
-5.21%
6M
9.19%
1Y
88.53%
3Y*
38.49%
5Y*
20.27%
10Y*
14.83%

ASML

1D
-1.81%
1M
18.86%
YTD
75.69%
6M
72.59%
1Y
142.68%
3Y*
34.82%
5Y*
24.25%
10Y*
36.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SSLN.L vs. ASML - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SSLN.L
iShares Physical Silver ETC		-5.21%130.26%23.21%-6.20%15.75%-11.83%41.04%12.68%-3.48%-5.59%
ASML
ASML Holding N.V.		75.69%45.36%-6.09%32.92%-22.22%65.69%61.18%86.20%-4.45%42.72%

Correlation

The correlation between SSLN.L and ASML is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.13

Correlation (5Y)
Calculated over the trailing 5-year period

0.09

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Apr 8, 2011

0.09

The correlation between SSLN.L and ASML shifts across timeframes, from 0.09 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Physical Silver ETC

ASML Holding N.V.

Often compared with SSLN.L:
SSLN.L vs. PHSP.LSSLN.L vs. SLVPSSLN.L vs. SGLP.LSSLN.L vs. SILG.LSSLN.L vs. ISLN.LSSLN.L vs. HOC.LSSLN.L vs. AG
Often compared with ASML:
ASML vs. TSMASML vs. NVDAASML vs. ASM.ASASML vs. LRCXASML vs. ASML.ASASML vs. SOXXASML vs. AMAT

Return for Risk

SSLN.L vs. ASML — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SSLN.L
SSLN.L Risk / Return Rank: 4848
Overall Rank
SSLN.L Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
SSLN.L Sortino Ratio Rank: 4646
Sortino Ratio Rank
SSLN.L Omega Ratio Rank: 5757
Omega Ratio Rank
SSLN.L Calmar Ratio Rank: 4747
Calmar Ratio Rank
SSLN.L Martin Ratio Rank: 3535
Martin Ratio Rank
ASML
ASML Risk / Return Rank: 9595
Overall Rank
ASML Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
ASML Sortino Ratio Rank: 9494
Sortino Ratio Rank
ASML Omega Ratio Rank: 9292
Omega Ratio Rank
ASML Calmar Ratio Rank: 9696
Calmar Ratio Rank
ASML Martin Ratio Rank: 9696
Martin Ratio Rank
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.

SSLN.L vs. ASML - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Physical Silver ETC (SSLN.L) and ASML Holding N.V. (ASML). 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.

SSLN.LASMLDifference
Sharpe ratioReturn per unit of total volatility
1.59
3.50

-1.90

Sortino ratioReturn per unit of downside risk
2.03
3.91

-1.88

Omega ratioGain probability vs. loss probability

1.30

1.48

-0.18

Calmar ratioReturn relative to maximum drawdown

2.09

9.18

-7.08

Martin ratioReturn relative to average drawdown

4.71

22.47

-17.76

SSLN.L vs. ASML - Sharpe Ratio Comparison

The current SSLN.L Sharpe Ratio is 1.59, which is lower than the ASML Sharpe Ratio of 3.50. The chart below compares the historical Sharpe Ratios of SSLN.L and ASML, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SSLN.L vs. ASML - Drawdown Comparison

The maximum SSLN.L drawdown since its inception was -78.44%, which is greater than ASML's maximum drawdown of -50.39%. Use the drawdown chart below to compare losses from any high point for SSLN.L and ASML.

Loading charts...

Drawdown Indicators

SSLN.LASMLDifference

Max Drawdown

Largest peak-to-trough decline

-78.44%

-50.39%

-28.05%

Max Drawdown (1Y)

Largest decline over 1 year

-42.08%

-15.64%

-26.44%

Max Drawdown (3Y)

Largest decline over 3 years

-42.08%

-45.05%

+2.97%

Max Drawdown (5Y)

Largest decline over 5 years

-42.08%

-47.42%

+5.34%

Max Drawdown (10Y)

Largest decline over 10 years

-42.08%

-47.42%

+5.34%

Current Drawdown

Current decline from peak

-39.02%

-1.81%

-37.21%

Average Drawdown

Average peak-to-trough decline

-59.69%

-12.25%

-47.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.73%

6.38%

+12.35%

Volatility

SSLN.L vs. ASML - Volatility Comparison

The current volatility for iShares Physical Silver ETC (SSLN.L) is 14.40%, while ASML Holding N.V. (ASML) has a volatility of 16.62%. This indicates that SSLN.L experiences smaller price fluctuations and is considered to be less risky than ASML based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SSLN.LASMLDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.40%

16.62%

-2.22%

Volatility (6M)

Calculated over the trailing 6-month period

52.43%

32.85%

+19.58%

Volatility (1Y)

Calculated over the trailing 1-year period

55.28%

41.06%

+14.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.41%

40.34%

-3.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.14%

37.43%

-6.29%

Dividends

SSLN.L vs. ASML - Dividend Comparison

SSLN.L has not paid dividends to shareholders, while ASML's dividend yield for the trailing twelve months is around 0.47%.

PositionTTM20252024202320222021202020192018201720162015
ASML
ASML Holding N.V.		0.47%0.97%0.97%0.86%1.27%0.50%0.50%1.40%0.94%0.64%0.92%0.73%
SSLN.L
iShares Physical Silver ETC		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SSLN.L and ASML have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for SSLN.L and ASML

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer