WSLV.DE vs. 8PSB.DE
WSLV.DE (WisdomTree Core Physical Silver ETC) and 8PSB.DE (Invesco Physical Silver ETC) are both Silver funds tracking the LBMA Silver Price, from WisdomTree and Invesco respectively. Both are passively managed. Over the past year, WSLV.DE returned 110.42% vs 114.10% for 8PSB.DE. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.19% expense ratio.
Performance
WSLV.DE vs. 8PSB.DE - Performance Comparison
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Different Trading Currencies
WSLV.DE is traded in USD, while 8PSB.DE is traded in EUR. To make them comparable, the 8PSB.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WSLV.DE achieves a -2.28% return, which is significantly higher than 8PSB.DE's -3.50% return.
WSLV.DE
- 1D
- 0.41%
- 1M
- 1.03%
- YTD
- -2.28%
- 6M
- 29.52%
- 1Y
- 110.42%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
8PSB.DE
- 1D
- 0.50%
- 1M
- 0.31%
- YTD
- -3.50%
- 6M
- 29.17%
- 1Y
- 114.10%
- 3Y*
- 46.06%
- 5Y*
- —
- 10Y*
- —
WSLV.DE vs. 8PSB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WSLV.DE WisdomTree Core Physical Silver ETC | -2.28% | 130.09% | 7.75% |
8PSB.DE Invesco Physical Silver ETC | -3.50% | 159.94% | 1.08% |
Correlation
The correlation between WSLV.DE and 8PSB.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 2024 | 0.96 |
The correlation between WSLV.DE and 8PSB.DE has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
WSLV.DE vs. 8PSB.DE — Risk / Return Rank
WSLV.DE
8PSB.DE
WSLV.DE vs. 8PSB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Physical Silver ETC (WSLV.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.
| WSLV.DE | 8PSB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 2.78 | +0.06 |
| Martin ratioReturn relative to average drawdown | 6.14 | 5.99 | +0.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WSLV.DE | 8PSB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 1.91 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | 0.63 | +0.82 |
Drawdowns
WSLV.DE vs. 8PSB.DE - Drawdown Comparison
The maximum WSLV.DE drawdown since its inception was -38.66%, smaller than the maximum 8PSB.DE drawdown of -40.79%. Use the drawdown chart below to compare losses from any high point for WSLV.DE and 8PSB.DE.
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Drawdown Indicators
| WSLV.DE | 8PSB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.66% | -40.79% | +2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -38.66% | -40.79% | +2.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -40.79% | — |
Current DrawdownCurrent decline from peak | -33.49% | -35.41% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -12.42% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.93% | 18.99% | -1.06% |
Volatility
WSLV.DE vs. 8PSB.DE - Volatility Comparison
WisdomTree Core Physical Silver ETC (WSLV.DE) and Invesco Physical Silver ETC (8PSB.DE) have volatilities of 16.35% and 16.80%, 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.
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Volatility by Period
| WSLV.DE | 8PSB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.35% | 16.80% | -0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 51.75% | 53.33% | -1.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.38% | 59.44% | -5.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.29% | 36.17% | +8.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.29% | 36.17% | +8.12% |
WSLV.DE vs. 8PSB.DE - Expense Ratio Comparison
Both WSLV.DE and 8PSB.DE have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
WSLV.DE vs. 8PSB.DE - Dividend Comparison
Neither WSLV.DE nor 8PSB.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, WSLV.DE and 8PSB.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WSLV.DE and 8PSB.DE have the same expense ratio: 0.19% per year.
Both ETFs track LBMA Silver Price. They also come from different issuers: WisdomTree and Invesco.
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