SSLN.L vs. SIVR
SSLN.L (iShares Physical Silver ETC) and SIVR (abrdn Physical Silver Shares ETF) are both Silver funds - SSLN.L tracks the LBMA Silver Price while SIVR tracks the LBMA Silver Price ($/ozt). Both are passively managed. Over the past 10 years, SSLN.L returned 11.54%/yr vs 11.31%/yr for SIVR. A 0.77 correlation means they provide meaningful diversification when combined. SSLN.L charges 0.20%/yr vs 0.30%/yr for SIVR.
Performance
SSLN.L vs. SIVR - Performance Comparison
Loading charts...
Different Trading Currencies
SSLN.L is traded in GBp, while SIVR is traded in USD. To make them comparable, the SIVR values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with SSLN.L having a -15.38% return and SIVR slightly lower at -15.42%. Both investments have delivered pretty close results over the past 10 years, with SSLN.L having a 11.54% annualized return and SIVR not far behind at 11.31%.
SSLN.L
- 1D
- 3.08%
- 1M
- -20.04%
- YTD
- -15.38%
- 6M
- -20.49%
- 1Y
- 71.23%
- 3Y*
- 35.76%
- 5Y*
- 18.76%
- 10Y*
- 11.54%
SIVR
- 1D
- 1.71%
- 1M
- -20.42%
- YTD
- -15.42%
- 6M
- -21.01%
- 1Y
- 69.40%
- 3Y*
- 35.13%
- 5Y*
- 18.41%
- 10Y*
- 11.31%
SSLN.L vs. SIVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSLN.L iShares Physical Silver ETC | -15.38% | 130.26% | 23.21% | -6.20% | 15.75% | -11.83% | 41.04% | 12.68% | -3.48% | -5.59% |
SIVR abrdn Physical Silver Shares ETF | -15.42% | 127.86% | 23.20% | -5.87% | 14.79% | -11.50% | 43.18% | 10.79% | -3.57% | -3.20% |
Correlation
The correlation between SSLN.L and SIVR is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.77 |
The correlation between SSLN.L and SIVR has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SSLN.L vs. SIVR — Risk / Return Rank
SSLN.L
SIVR
SSLN.L vs. SIVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Physical Silver ETC (SSLN.L) and abrdn Physical Silver Shares ETF (SIVR). 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 | SIVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.25 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.44 | +0.06 |
| Martin ratioReturn relative to average drawdown | 3.40 | 3.19 | +0.21 |
Loading charts...
Drawdowns
SSLN.L vs. SIVR - Drawdown Comparison
The maximum SSLN.L drawdown since its inception was -78.44%, which is greater than SIVR's maximum drawdown of -69.37%. Use the drawdown chart below to compare losses from any high point for SSLN.L and SIVR.
Loading charts...
Drawdown Indicators
| SSLN.L | SIVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.44% | -69.37% | -9.07% |
Max Drawdown (1Y)Largest decline over 1 year | -47.19% | -48.54% | +1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -47.19% | -48.54% | +1.35% |
Max Drawdown (5Y)Largest decline over 5 years | -47.19% | -48.54% | +1.35% |
Max Drawdown (10Y)Largest decline over 10 years | -47.19% | -48.54% | +1.35% |
Current DrawdownCurrent decline from peak | -45.56% | -47.13% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -59.64% | -39.99% | -19.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.86% | 21.80% | -0.94% |
Volatility
SSLN.L vs. SIVR - Volatility Comparison
iShares Physical Silver ETC (SSLN.L) and abrdn Physical Silver Shares ETF (SIVR) have volatilities of 14.91% and 14.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SSLN.L | SIVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.91% | 14.80% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 53.08% | 56.69% | -3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.25% | 58.79% | -2.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.68% | 34.54% | +2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.05% | 30.48% | +0.57% |
SSLN.L vs. SIVR - Expense Ratio Comparison
SSLN.L has a 0.20% expense ratio, which is lower than SIVR's 0.30% expense ratio.
Dividends
SSLN.L vs. SIVR - Dividend Comparison
Neither SSLN.L nor SIVR has paid dividends to shareholders.
Frequently Asked Questions
SSLN.L and SIVR have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SSLN.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SSLN.L is cheaper with a 0.20% expense ratio, compared with 0.30% for SIVR.
SSLN.L tracks LBMA Silver Price, while SIVR tracks LBMA Silver Price ($/ozt). They also come from different issuers: iShares and abrdn. Their fees differ too: 0.20% for SSLN.L and 0.30% for SIVR.
Find the right allocation for SSLN.L and SIVR
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