SSLN.L vs. SGLP.L
Compare and contrast key facts about iShares Physical Silver ETC (SSLN.L) and Invesco Physical Gold A (SGLP.L).
SSLN.L and SGLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SSLN.L is a passively managed fund by iShares that tracks the performance of the Silver. It was launched on Apr 8, 2011. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009. Both SSLN.L and SGLP.L 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: SSLN.L or SGLP.L.
Key characteristics
| SSLN.L | SGLP.L | |
|---|---|---|
| YTD Return | 26.67% | 25.19% |
| 1Y Return | 29.27% | 27.61% |
| 3Y Return (Ann) | 7.82% | 13.45% |
| 5Y Return (Ann) | 12.24% | 12.12% |
| 10Y Return (Ann) | 8.65% | 10.25% |
| Sharpe Ratio | 1.09 | 2.20 |
| Sortino Ratio | 1.64 | 2.99 |
| Omega Ratio | 1.20 | 1.39 |
| Calmar Ratio | 0.70 | 4.59 |
| Martin Ratio | 3.80 | 11.29 |
| Ulcer Index | 8.05% | 2.49% |
| Daily Std Dev | 27.94% | 12.78% |
| Max Drawdown | -69.95% | -38.83% |
| Current Drawdown | -23.81% | -5.09% |
Correlation
The correlation between SSLN.L and SGLP.L is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SSLN.L vs. SGLP.L - Performance Comparison
In the year-to-date period, SSLN.L achieves a 26.67% return, which is significantly higher than SGLP.L's 25.19% return. Over the past 10 years, SSLN.L has underperformed SGLP.L with an annualized return of 8.65%, while SGLP.L has yielded a comparatively higher 10.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SSLN.L vs. SGLP.L - Expense Ratio Comparison
SSLN.L has a 0.20% expense ratio, which is higher than SGLP.L's 0.12% 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%.
Risk-Adjusted Performance
SSLN.L vs. SGLP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Silver ETC (SSLN.L) and Invesco Physical Gold A (SGLP.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.
Dividends
SSLN.L vs. SGLP.L - Dividend Comparison
Neither SSLN.L nor SGLP.L has paid dividends to shareholders.
Drawdowns
SSLN.L vs. SGLP.L - Drawdown Comparison
The maximum SSLN.L drawdown since its inception was -69.95%, which is greater than SGLP.L's maximum drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for SSLN.L and SGLP.L. For additional features, visit the drawdowns tool.
Volatility
SSLN.L vs. SGLP.L - Volatility Comparison
iShares Physical Silver ETC (SSLN.L) has a higher volatility of 9.98% compared to Invesco Physical Gold A (SGLP.L) at 4.97%. This indicates that SSLN.L's price experiences larger fluctuations and is considered to be riskier than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.