SSLN.L vs. BTC-USD
Compare and contrast key facts about iShares Physical Silver ETC (SSLN.L) and Bitcoin (BTC-USD).
SSLN.L is a passively managed fund by iShares that tracks the performance of the Silver. It was launched on Apr 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSLN.L or BTC-USD.
Key characteristics
| SSLN.L | BTC-USD | |
|---|---|---|
| YTD Return | 26.67% | 109.87% |
| 1Y Return | 29.27% | 139.38% |
| 3Y Return (Ann) | 7.82% | 11.40% |
| 5Y Return (Ann) | 12.24% | 58.71% |
| 10Y Return (Ann) | 8.65% | 71.72% |
| Sharpe Ratio | 1.09 | 0.84 |
| Sortino Ratio | 1.64 | 1.51 |
| Omega Ratio | 1.20 | 1.15 |
| Calmar Ratio | 0.70 | 0.66 |
| Martin Ratio | 3.80 | 3.48 |
| Ulcer Index | 8.05% | 13.18% |
| Daily Std Dev | 27.94% | 44.51% |
| Max Drawdown | -69.95% | -93.07% |
| Current Drawdown | -23.81% | 0.00% |
Correlation
The correlation between SSLN.L and BTC-USD is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SSLN.L vs. BTC-USD - Performance Comparison
In the year-to-date period, SSLN.L achieves a 26.67% return, which is significantly lower than BTC-USD's 109.87% return. Over the past 10 years, SSLN.L has underperformed BTC-USD with an annualized return of 8.65%, while BTC-USD has yielded a comparatively higher 71.72% 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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Risk-Adjusted Performance
SSLN.L vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Silver ETC (SSLN.L) and Bitcoin (BTC-USD). 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.
Drawdowns
SSLN.L vs. BTC-USD - Drawdown Comparison
The maximum SSLN.L drawdown since its inception was -69.95%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for SSLN.L and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
SSLN.L vs. BTC-USD - Volatility Comparison
The current volatility for iShares Physical Silver ETC (SSLN.L) is 9.92%, while Bitcoin (BTC-USD) has a volatility of 16.04%. This indicates that SSLN.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.