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VEVE.AS vs. SSLN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VEVE.AS vs. SSLN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and iShares Physical Silver ETC (SSLN.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

VEVE.AS is traded in EUR, while SSLN.L is traded in GBp. To make them comparable, the SSLN.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, VEVE.AS achieves a 12.81% return, which is significantly higher than SSLN.L's 4.10% return. Over the past 10 years, VEVE.AS has underperformed SSLN.L with an annualized return of 12.95%, while SSLN.L has yielded a comparatively higher 15.60% annualized return.


VEVE.AS

1D
-0.27%
1M
5.23%
YTD
12.81%
6M
13.33%
1Y
26.42%
3Y*
18.25%
5Y*
13.13%
10Y*
12.95%

SSLN.L

1D
0.39%
1M
0.99%
YTD
4.10%
6M
29.61%
1Y
110.28%
3Y*
42.09%
5Y*
22.83%
10Y*
15.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VEVE.AS vs. SSLN.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
VEVE.AS
Vanguard FTSE Developed World UCITS ETF
12.81%8.22%26.33%19.38%-13.20%31.47%6.50%29.40%-4.85%8.40%
SSLN.L
iShares Physical Silver ETC
4.10%118.25%29.15%-4.21%9.79%-5.89%33.09%19.85%-4.67%-9.31%

Correlation

The correlation between VEVE.AS and SSLN.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.16

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Oct 1, 2014

0.11

The correlation between VEVE.AS and SSLN.L shifts across timeframes, from 0.11 (10 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

VEVE.AS vs. SSLN.L — Risk / Return Rank

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

VEVE.AS
VEVE.AS Risk / Return Rank: 7878
Overall Rank
VEVE.AS Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
VEVE.AS Sortino Ratio Rank: 7373
Sortino Ratio Rank
VEVE.AS Omega Ratio Rank: 7676
Omega Ratio Rank
VEVE.AS Calmar Ratio Rank: 8181
Calmar Ratio Rank
VEVE.AS Martin Ratio Rank: 8585
Martin Ratio Rank

SSLN.L
SSLN.L Risk / Return Rank: 5656
Overall Rank
SSLN.L Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
SSLN.L Sortino Ratio Rank: 5151
Sortino Ratio Rank
SSLN.L Omega Ratio Rank: 6262
Omega Ratio Rank
SSLN.L Calmar Ratio Rank: 6161
Calmar Ratio Rank
SSLN.L Martin Ratio Rank: 4242
Martin Ratio Rank
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.

VEVE.AS vs. SSLN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Developed World UCITS ETF (VEVE.AS) and iShares Physical Silver ETC (SSLN.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.


VEVE.ASSSLN.LDifference
Sharpe ratioReturn per unit of total volatility

+0.34

Sortino ratioReturn per unit of downside risk

+0.91

Omega ratioGain probability vs. loss probability

1.45

1.36

+0.09

Calmar ratioReturn relative to maximum drawdown

4.21

2.83

+1.38

Martin ratioReturn relative to average drawdown

17.34

6.17

+11.17

VEVE.AS vs. SSLN.L - Sharpe Ratio Comparison

The current VEVE.AS Sharpe Ratio is 2.35, which is comparable to the SSLN.L Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of VEVE.AS and SSLN.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


VEVE.ASSSLN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.35

2.01

+0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.93

0.68

+0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.53

+0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.18

+0.17

Drawdowns

VEVE.AS vs. SSLN.L - Drawdown Comparison

The maximum VEVE.AS drawdown since its inception was -33.57%, smaller than the maximum SSLN.L drawdown of -68.55%. Use the drawdown chart below to compare losses from any high point for VEVE.AS and SSLN.L.


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Drawdown Indicators


VEVE.ASSSLN.LDifference

Max Drawdown

Largest peak-to-trough decline

-33.57%

-68.55%

+34.98%

Max Drawdown (1Y)

Largest decline over 1 year

-6.19%

-38.70%

+32.51%

Max Drawdown (3Y)

Largest decline over 3 years

-21.08%

-38.70%

+17.62%

Max Drawdown (5Y)

Largest decline over 5 years

-21.08%

-38.70%

+17.62%

Max Drawdown (10Y)

Largest decline over 10 years

-33.57%

-42.00%

+8.43%

Current Drawdown

Current decline from peak

-0.56%

-33.56%

+33.00%

Average Drawdown

Average peak-to-trough decline

-6.76%

-42.68%

+35.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.51%

17.82%

-16.31%

Volatility

VEVE.AS vs. SSLN.L - Volatility Comparison

The current volatility for Vanguard FTSE Developed World UCITS ETF (VEVE.AS) is 2.88%, while iShares Physical Silver ETC (SSLN.L) has a volatility of 16.51%. This indicates that VEVE.AS experiences smaller price fluctuations and is considered to be less risky than SSLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


VEVE.ASSSLN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.88%

16.51%

-13.63%

Volatility (6M)

Calculated over the trailing 6-month period

7.89%

51.99%

-44.10%

Volatility (1Y)

Calculated over the trailing 1-year period

11.08%

54.61%

-43.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.90%

33.72%

-19.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.61%

29.61%

-12.00%

VEVE.AS vs. SSLN.L - Expense Ratio Comparison

VEVE.AS has a 0.12% expense ratio, which is lower than SSLN.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

VEVE.AS vs. SSLN.L - Dividend Comparison

VEVE.AS's dividend yield for the trailing twelve months is around 1.23%, while SSLN.L has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
SSLN.L
iShares Physical Silver ETC
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VEVE.AS
Vanguard FTSE Developed World UCITS ETF
1.23%1.41%1.46%1.73%2.04%1.43%1.61%1.89%2.28%1.97%1.98%2.05%

Frequently Asked Questions


VEVE.AS and SSLN.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VEVE.AS is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VEVE.AS is cheaper with a 0.12% expense ratio, compared with 0.20% for SSLN.L.

VEVE.AS is categorized as Global Equities, while SSLN.L is Silver. VEVE.AS tracks MSCI ACWI NR USD, while SSLN.L tracks LBMA Silver Price. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.12% for VEVE.AS and 0.20% for SSLN.L.

Portfolio Optimizer

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