VZLE.DE vs. WSLV.DE

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Physical Precious Metals (VZLE.DE) and WisdomTree Core Physical Silver ETC (WSLV.DE).

VZLE.DE and WSLV.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VZLE.DE is a passively managed fund by WisdomTree that tracks the performance of the LBMA & LPPM Precious Metals Price PM - Benchmark Price Return. It was launched on Apr 24, 2007. WSLV.DE is an actively managed fund by WisdomTree. It was launched on Aug 13, 2024.

Performance

VZLE.DE vs. WSLV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Physical Precious Metals (VZLE.DE) and WisdomTree Core Physical Silver ETC (WSLV.DE). The values are adjusted to include any dividend payments, if applicable.

VZLE.DE vs. WSLV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VZLE.DE WisdomTree Physical Precious Metals	3.50%	70.41%	9.18%
WSLV.DE WisdomTree Core Physical Silver ETC	0.25%	130.09%	7.75%

Returns By Period

In the year-to-date period, VZLE.DE achieves a 3.50% return, which is significantly higher than WSLV.DE's 0.25% return.

VZLE.DE

• 1D: 1.85%
• 1M: -11.92%
• YTD: 3.50%
• 6M: 32.58%
• 1Y: 57.30%
• 3Y*: 27.53%
• 5Y*: 14.75%
• 10Y*: 13.56%

WSLV.DE

• 1D: 1.81%
• 1M: -12.80%
• YTD: 0.25%
• 6M: 61.16%
• 1Y: 107.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VZLE.DE vs. WSLV.DE - Expense Ratio Comparison

VZLE.DE has a 0.44% expense ratio, which is higher than WSLV.DE's 0.19% expense ratio.

VZLE.DE

WisdomTree Physical Precious Metals

WSLV.DE

WisdomTree Core Physical Silver ETC

Return for Risk

VZLE.DE vs. WSLV.DE — Risk / Return Rank

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

VZLE.DE

VZLE.DE Risk / Return Rank: 79
VZLE.DE Sharpe Ratio Rank: 85
VZLE.DE Sortino Ratio Rank: 81
VZLE.DE Omega Ratio Rank: 83
VZLE.DE Calmar Ratio Rank: 76
VZLE.DE Martin Ratio Rank: 71

WSLV.DE

WSLV.DE Risk / Return Rank: 84
WSLV.DE Sharpe Ratio Rank: 90
WSLV.DE Sortino Ratio Rank: 84
WSLV.DE Omega Ratio Rank: 89
WSLV.DE Calmar Ratio Rank: 84
WSLV.DE Martin Ratio Rank: 73

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.

VZLE.DE vs. WSLV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Physical Precious Metals (VZLE.DE) and WisdomTree Core Physical Silver ETC (WSLV.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.

	VZLE.DE	WSLV.DE	Difference
Sharpe ratio Return per unit of total volatility	1.81	2.06	-0.25
Sortino ratio Return per unit of downside risk	2.21	2.36	-0.14
Omega ratio Gain probability vs. loss probability	1.34	1.38	-0.04
Calmar ratio Return relative to maximum drawdown	2.33	2.80	-0.46
Martin ratio Return relative to average drawdown	8.43	8.69	-0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VZLE.DE vs. WSLV.DE - Sharpe Ratio Comparison

The current VZLE.DE Sharpe Ratio is 1.81, which is comparable to the WSLV.DE Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of VZLE.DE and WSLV.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VZLE.DE	WSLV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	2.06	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	1.74	-1.27

Correlation

The correlation between VZLE.DE and WSLV.DE is 0.81, 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.

Dividends

VZLE.DE vs. WSLV.DE - Dividend Comparison

Neither VZLE.DE nor WSLV.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

VZLE.DE vs. WSLV.DE - Drawdown Comparison

The maximum VZLE.DE drawdown since its inception was -39.25%, roughly equal to the maximum WSLV.DE drawdown of -38.66%. Use the drawdown chart below to compare losses from any high point for VZLE.DE and WSLV.DE.

Drawdown Indicators

	VZLE.DE	WSLV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-39.25%	-38.66%	-0.59%
Max Drawdown (1Y) Largest decline over 1 year	-24.73%	-38.66%	+13.93%
Max Drawdown (5Y) Largest decline over 5 years	-29.42%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.42%	—	—
Current Drawdown Current decline from peak	-18.36%	-31.76%	+13.40%
Average Drawdown Average peak-to-trough decline	-17.33%	-7.16%	-10.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.85%	12.45%	-5.60%

Volatility

VZLE.DE vs. WSLV.DE - Volatility Comparison

The current volatility for WisdomTree Physical Precious Metals (VZLE.DE) is 12.32%, while WisdomTree Core Physical Silver ETC (WSLV.DE) has a volatility of 17.50%. This indicates that VZLE.DE experiences smaller price fluctuations and is considered to be less risky than WSLV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VZLE.DE	WSLV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.32%	17.50%	-5.18%
Volatility (6M) Calculated over the trailing 6-month period	29.58%	50.10%	-20.52%
Volatility (1Y) Calculated over the trailing 1-year period	31.51%	51.89%	-20.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.84%	43.67%	-21.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.33%	43.67%	-24.34%