SSLN.L vs. MEUD.L
SSLN.L (iShares Physical Silver ETC) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) are both exchange-traded funds - SSLN.L is a Silver fund tracking the LBMA Silver Price, while MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, SSLN.L returned 14.83%/yr vs 11.01%/yr for MEUD.L. At a 0.18 correlation, their price movements are largely independent. SSLN.L charges 0.20%/yr vs 0.15%/yr for MEUD.L.
Performance
SSLN.L vs. MEUD.L - Performance Comparison
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Returns By Period
In the year-to-date period, SSLN.L achieves a -5.21% return, which is significantly lower than MEUD.L's 7.81% return. Over the past 10 years, SSLN.L has outperformed MEUD.L with an annualized return of 14.83%, while MEUD.L has yielded a comparatively lower 11.01% 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%
MEUD.L
- 1D
- 1.76%
- 1M
- 3.68%
- YTD
- 7.81%
- 6M
- 9.49%
- 1Y
- 19.78%
- 3Y*
- 14.48%
- 5Y*
- 9.92%
- 10Y*
- 11.01%
SSLN.L vs. MEUD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 7.81% | 26.51% | 3.65% | 13.48% | -5.04% | 17.06% | 3.85% | 20.40% | -9.59% | 15.43% |
Correlation
The correlation between SSLN.L and MEUD.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2013 | 0.18 |
The correlation between SSLN.L and MEUD.L shifts across timeframes, from 0.18 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SSLN.L vs. MEUD.L — Risk / Return Rank
SSLN.L
MEUD.L
SSLN.L vs. MEUD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Silver ETC (SSLN.L) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.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.
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.L | MEUD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.30 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 1.87 | +0.22 |
| Martin ratioReturn relative to average drawdown | 4.71 | 6.77 | -2.06 |
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Drawdowns
SSLN.L vs. MEUD.L - Drawdown Comparison
The maximum SSLN.L drawdown since its inception was -78.44%, which is greater than MEUD.L's maximum drawdown of -28.57%. Use the drawdown chart below to compare losses from any high point for SSLN.L and MEUD.L.
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Drawdown Indicators
| SSLN.L | MEUD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.44% | -28.57% | -49.87% |
Max Drawdown (1Y)Largest decline over 1 year | -42.08% | -10.53% | -31.55% |
Max Drawdown (3Y)Largest decline over 3 years | -42.08% | -12.61% | -29.47% |
Max Drawdown (5Y)Largest decline over 5 years | -42.08% | -17.09% | -24.99% |
Max Drawdown (10Y)Largest decline over 10 years | -42.08% | -28.57% | -13.51% |
Current DrawdownCurrent decline from peak | -39.02% | -0.20% | -38.82% |
Average DrawdownAverage peak-to-trough decline | -59.69% | -6.89% | -52.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.73% | 2.92% | +15.81% |
Volatility
SSLN.L vs. MEUD.L - Volatility Comparison
iShares Physical Silver ETC (SSLN.L) has a higher volatility of 14.40% compared to Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) at 3.54%. This indicates that SSLN.L's price experiences larger fluctuations and is considered to be riskier than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSLN.L | MEUD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 3.54% | +10.86% |
Volatility (6M)Calculated over the trailing 6-month period | 52.43% | 10.39% | +42.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.28% | 12.31% | +42.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.41% | 16.02% | +20.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.14% | 16.93% | +14.21% |
SSLN.L vs. MEUD.L - Expense Ratio Comparison
SSLN.L has a 0.20% expense ratio, which is higher than MEUD.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SSLN.L vs. MEUD.L - Dividend Comparison
Neither SSLN.L nor MEUD.L has paid dividends to shareholders.
Frequently Asked Questions
SSLN.L and MEUD.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MEUD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MEUD.L is cheaper with a 0.15% expense ratio, compared with 0.20% for SSLN.L.
SSLN.L is categorized as Silver, while MEUD.L is Europe Equities. SSLN.L tracks LBMA Silver Price, while MEUD.L tracks MSCI Europe NR EUR. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for SSLN.L and 0.15% for MEUD.L.
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