VVMX.DE vs. 8PSB.DE

Last updated Jun 5, 2026

VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) and 8PSB.DE (Invesco Physical Silver ETC) are both exchange-traded funds - VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals, while 8PSB.DE is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past 3 years, VVMX.DE returned 3.35%/yr vs 42.18%/yr for 8PSB.DE. At a 0.37 correlation, their price movements are largely independent. VVMX.DE charges 0.59%/yr vs 0.19%/yr for 8PSB.DE.

Performance

VVMX.DE vs. 8PSB.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and Invesco Physical Silver ETC (8PSB.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VVMX.DE achieves a 30.24% return, which is significantly higher than 8PSB.DE's -2.37% return.

VVMX.DE

• 1D: -1.82%
• 1M: -6.33%
• YTD: 30.24%
• 6M: 39.84%
• 1Y: 155.75%
• 3Y*: 3.35%
• 5Y*: —
• 10Y*: —

8PSB.DE

• 1D: 0.37%
• 1M: 1.00%
• YTD: -2.37%
• 6M: 29.53%
• 1Y: 110.49%
• 3Y*: 42.18%
• 5Y*: —
• 10Y*: —

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

VVMX.DE vs. 8PSB.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A	30.24%	68.45%	-30.81%	-21.17%	-26.46%	17.29%
8PSB.DE Invesco Physical Silver ETC	-2.37%	130.25%	30.85%	-4.18%	10.64%	8.68%

Correlation

The correlation between VVMX.DE and 8PSB.DE is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021	0.37

The correlation between VVMX.DE and 8PSB.DE shifts across timeframes, from 0.37 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VVMX.DE vs. 8PSB.DE — Risk / Return Rank

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

VVMX.DE

VVMX.DE Risk / Return Rank: 87
VVMX.DE Sharpe Ratio Rank: 93
VVMX.DE Sortino Ratio Rank: 82
VVMX.DE Omega Ratio Rank: 75
VVMX.DE Calmar Ratio Rank: 95
VVMX.DE Martin Ratio Rank: 89

8PSB.DE

8PSB.DE Risk / Return Rank: 52
8PSB.DE Sharpe Ratio Rank: 56
8PSB.DE Sortino Ratio Rank: 46
8PSB.DE Omega Ratio Rank: 59
8PSB.DE Calmar Ratio Rank: 58
8PSB.DE Martin Ratio Rank: 39

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.

VVMX.DE vs. 8PSB.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) and Invesco Physical Silver ETC (8PSB.DE). 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.

	VVMX.DE	8PSB.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.36	1.89	+1.47
Sortino ratio: Return per unit of downside risk	3.61	2.23	+1.38
Omega ratio: Gain probability vs. loss probability	1.44	1.35	+0.09
Calmar ratio: Return relative to maximum drawdown	7.59	2.85	+4.74
Martin ratio: Return relative to average drawdown	19.66	6.09	+13.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVMX.DE vs. 8PSB.DE - Sharpe Ratio Comparison

The current VVMX.DE Sharpe Ratio is 3.36, which is higher than the 8PSB.DE Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of VVMX.DE and 8PSB.DE, 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

	VVMX.DE	8PSB.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	1.89	+1.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.68	-0.66

Drawdowns

VVMX.DE vs. 8PSB.DE - Drawdown Comparison

The maximum VVMX.DE drawdown since its inception was -73.26%, which is greater than 8PSB.DE's maximum drawdown of -38.62%. Use the drawdown chart below to compare losses from any high point for VVMX.DE and 8PSB.DE.

Drawdown Indicators

	VVMX.DE	8PSB.DE	Difference
Max Drawdown Largest peak-to-trough decline	-73.26%	-38.62%	-34.64%
Max Drawdown (1Y) Largest decline over 1 year	-20.40%	-38.62%	+18.22%
Max Drawdown (3Y) Largest decline over 3 years	-61.55%	-38.62%	-22.93%
Current Drawdown Current decline from peak	-25.51%	-33.51%	+8.00%
Average Drawdown Average peak-to-trough decline	-41.23%	-11.18%	-30.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	18.07%	-10.18%

Volatility

VVMX.DE vs. 8PSB.DE - Volatility Comparison

The current volatility for VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) is 12.59%, while Invesco Physical Silver ETC (8PSB.DE) has a volatility of 16.36%. This indicates that VVMX.DE experiences smaller price fluctuations and is considered to be less risky than 8PSB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVMX.DE	8PSB.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.59%	16.36%	-3.77%
Volatility (6M) Calculated over the trailing 6-month period	32.22%	51.95%	-19.73%
Volatility (1Y) Calculated over the trailing 1-year period	46.13%	58.17%	-12.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.38%	34.63%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.38%	34.63%	+1.75%

VVMX.DE vs. 8PSB.DE - Expense Ratio Comparison

VVMX.DE has a 0.59% expense ratio, which is higher than 8PSB.DE's 0.19% expense ratio.

Dividends

VVMX.DE vs. 8PSB.DE - Dividend Comparison

Neither VVMX.DE nor 8PSB.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VVMX.DE and 8PSB.DE in my portfolio?

VVMX.DE and 8PSB.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VVMX.DE or 8PSB.DE?

On fees, 8PSB.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VVMX.DE or 8PSB.DE?

8PSB.DE is cheaper with a 0.19% expense ratio, compared with 0.59% for VVMX.DE.

What is the main difference between VVMX.DE and 8PSB.DE?

VVMX.DE is categorized as Commodity Producers Equities, while 8PSB.DE is Silver. VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals, while 8PSB.DE tracks LBMA Silver Price. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.59% for VVMX.DE and 0.19% for 8PSB.DE.