TUSK vs. PSLV

Last updated Jun 4, 2026

TUSK (Mammoth Energy Services, Inc.) and PSLV (Sprott Physical Silver Trust) are both stocks. TUSK operates in Conglomerates (Industrials), while PSLV operates in Asset Management (Financial Services). Over the past 5 years, TUSK returned -1.85%/yr vs 18.43%/yr for PSLV. At a 0.08 correlation, their price movements are largely independent.

Performance

TUSK vs. PSLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mammoth Energy Services, Inc. (TUSK) and Sprott Physical Silver Trust (PSLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TUSK achieves a 92.97% return, which is significantly higher than PSLV's -1.78% return.

TUSK

• 1D: 0.56%
• 1M: 40.55%
• YTD: 92.97%
• 6M: 66.05%
• 1Y: 33.71%
• 3Y*: -2.82%
• 5Y*: -1.85%
• 10Y*: —

PSLV

• 1D: -2.76%
• 1M: -1.61%
• YTD: -1.78%
• 6M: 18.46%
• 1Y: 100.09%
• 3Y*: 41.73%
• 5Y*: 18.43%
• 10Y*: 13.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TUSK vs. PSLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TUSK Mammoth Energy Services, Inc.	92.97%	-38.33%	-32.74%	-48.44%	375.27%	-59.10%	102.27%	-87.59%	-7.67%	29.14%
PSLV Sprott Physical Silver Trust	-1.78%	145.08%	19.43%	-1.94%	2.74%	-14.13%	42.81%	16.99%	-11.83%	4.28%

Correlation

The correlation between TUSK and PSLV is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 17, 2016	0.08

Fundamentals

Market Cap TUSK : $172.54M PSLV : $14.73B
EPS TUSK : -$1.47 PSLV : $13.57
PS Ratio TUSK : 2.75 PSLV : 218.98
PB Ratio TUSK : 0.66 PSLV : 0.90
Total Revenue (TTM) TUSK : $62.70M PSLV : $64.19M
Gross Profit (TTM) TUSK : $9.65M PSLV : $404.67M
EBITDA (TTM) TUSK : -$14.10M PSLV : $8.21B

Return for Risk

TUSK vs. PSLV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TUSK

TUSK Risk / Return Rank: 58
TUSK Sharpe Ratio Rank: 59
TUSK Sortino Ratio Rank: 61
TUSK Omega Ratio Rank: 58
TUSK Calmar Ratio Rank: 58
TUSK Martin Ratio Rank: 56

PSLV

PSLV Risk / Return Rank: 79
PSLV Sharpe Ratio Rank: 84
PSLV Sortino Ratio Rank: 74
PSLV Omega Ratio Rank: 81
PSLV Calmar Ratio Rank: 78
PSLV Martin Ratio Rank: 76

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.

TUSK vs. PSLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mammoth Energy Services, Inc. (TUSK) and Sprott Physical Silver Trust (PSLV). 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.

	TUSK	PSLV	Difference
Sharpe ratio Return per unit of total volatility	0.52	1.72	-1.20
Sortino ratio Return per unit of downside risk	1.28	1.96	-0.69
Omega ratio Gain probability vs. loss probability	1.15	1.32	-0.17
Calmar ratio Return relative to maximum drawdown	0.80	2.48	-1.68
Martin ratio Return relative to average drawdown	1.43	5.50	-4.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TUSK vs. PSLV - Sharpe Ratio Comparison

The current TUSK Sharpe Ratio is 0.52, which is lower than the PSLV Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of TUSK and PSLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TUSK	PSLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	1.72	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.52	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	0.17	-0.32

Drawdowns

TUSK vs. PSLV - Drawdown Comparison

The maximum TUSK drawdown since its inception was -98.55%, which is greater than PSLV's maximum drawdown of -79.38%. Use the drawdown chart below to compare losses from any high point for TUSK and PSLV.

Drawdown Indicators

	TUSK	PSLV	Difference
Max Drawdown Largest peak-to-trough decline	-98.55%	-79.38%	-19.17%
Max Drawdown (1Y) Largest decline over 1 year	-42.52%	-40.65%	-1.87%
Max Drawdown (3Y) Largest decline over 3 years	-69.27%	-40.65%	-28.62%
Max Drawdown (5Y) Largest decline over 5 years	-80.00%	-40.65%	-39.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.79%	—
Current Drawdown Current decline from peak	-91.07%	-36.11%	-54.96%
Average Drawdown Average peak-to-trough decline	-73.00%	-58.15%	-14.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.60%	18.25%	+5.35%

Volatility

TUSK vs. PSLV - Volatility Comparison

Mammoth Energy Services, Inc. (TUSK) has a higher volatility of 27.19% compared to Sprott Physical Silver Trust (PSLV) at 16.57%. This indicates that TUSK's price experiences larger fluctuations and is considered to be riskier than PSLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TUSK	PSLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.19%	16.57%	+10.62%
Volatility (6M) Calculated over the trailing 6-month period	56.27%	57.35%	-1.08%
Volatility (1Y) Calculated over the trailing 1-year period	64.92%	58.49%	+6.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.31%	35.64%	+36.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.17%	31.14%	+56.03%

Dividends

TUSK vs. PSLV - Dividend Comparison

Neither TUSK nor PSLV has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PSLV Sprott Physical Silver Trust	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TUSK Mammoth Energy Services, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.36%	1.39%

Financials

Frequently Asked Questions

Can I hold both TUSK and PSLV in my portfolio?

TUSK and PSLV have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUSK or PSLV?

TUSK has higher volatility (27.19%) compared to PSLV (16.57%). In terms of maximum drawdown, TUSK dropped -98.55% vs PSLV's -79.38%.

Which has better risk-adjusted returns?

PSLV currently has the higher Sharpe Ratio (1.72 vs 0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.