XSLE.DE vs. SLVR
XSLE.DE (Xtrackers IE Physical Silver (EUR Hedged) ETC Securities) and SLVR (Sprott Silver Miners & Physical Silver ETF) are both Silver funds - XSLE.DE tracks the LBMA Silver Price (EUR Hedged) while SLVR tracks the Nasdaq Sprott Silver Miners™ Index. Both are passively managed. Over the past year, XSLE.DE returned 104.34% vs 110.40% for SLVR. A 0.68 correlation means they provide meaningful diversification when combined. XSLE.DE charges 0.73%/yr vs 0.65%/yr for SLVR.
Performance
XSLE.DE vs. SLVR - Performance Comparison
Loading charts...
Different Trading Currencies
XSLE.DE is traded in EUR, while SLVR is traded in USD. To make them comparable, the SLVR values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSLE.DE achieves a -5.59% return, which is significantly lower than SLVR's 7.81% return.
XSLE.DE
- 1D
- 0.53%
- 1M
- -0.03%
- YTD
- -5.59%
- 6M
- 25.87%
- 1Y
- 104.34%
- 3Y*
- 40.82%
- 5Y*
- 16.90%
- 10Y*
- —
SLVR
- 1D
- -0.33%
- 1M
- 4.11%
- YTD
- 7.81%
- 6M
- 22.78%
- 1Y
- 110.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XSLE.DE vs. SLVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XSLE.DE Xtrackers IE Physical Silver (EUR Hedged) ETC Securities | -5.59% | 142.21% |
SLVR Sprott Silver Miners & Physical Silver ETF | 7.81% | 136.88% |
Correlation
The correlation between XSLE.DE and SLVR is 0.69, 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 | 0.69 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2025 | 0.68 |
The correlation between XSLE.DE and SLVR has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSLE.DE vs. SLVR — Risk / Return Rank
XSLE.DE
SLVR
XSLE.DE vs. SLVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers IE Physical Silver (EUR Hedged) ETC Securities (XSLE.DE) and Sprott Silver Miners & Physical Silver ETF (SLVR). 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.
| XSLE.DE | SLVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 2.98 | -0.47 |
| Martin ratioReturn relative to average drawdown | 5.40 | 7.42 | -2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XSLE.DE | SLVR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 1.85 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 1.75 | -1.11 |
Drawdowns
XSLE.DE vs. SLVR - Drawdown Comparison
The maximum XSLE.DE drawdown since its inception was -42.43%, which is greater than SLVR's maximum drawdown of -37.26%. Use the drawdown chart below to compare losses from any high point for XSLE.DE and SLVR.
Loading charts...
Drawdown Indicators
| XSLE.DE | SLVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.43% | -37.26% | -5.17% |
Max Drawdown (1Y)Largest decline over 1 year | -41.35% | -37.26% | -4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -41.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -41.35% | — | — |
Current DrawdownCurrent decline from peak | -36.50% | -27.36% | -9.14% |
Average DrawdownAverage peak-to-trough decline | -18.29% | -9.30% | -8.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.25% | 14.92% | +4.33% |
Volatility
XSLE.DE vs. SLVR - Volatility Comparison
The current volatility for Xtrackers IE Physical Silver (EUR Hedged) ETC Securities (XSLE.DE) is 17.13%, while Sprott Silver Miners & Physical Silver ETF (SLVR) has a volatility of 18.42%. This indicates that XSLE.DE experiences smaller price fluctuations and is considered to be less risky than SLVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSLE.DE | SLVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.13% | 18.42% | -1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 53.94% | 49.24% | +4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.40% | 59.88% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.13% | 55.89% | -20.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.05% | 55.89% | -20.84% |
XSLE.DE vs. SLVR - Expense Ratio Comparison
XSLE.DE has a 0.73% expense ratio, which is higher than SLVR's 0.65% expense ratio.
Dividends
XSLE.DE vs. SLVR - Dividend Comparison
XSLE.DE has not paid dividends to shareholders, while SLVR's dividend yield for the trailing twelve months is around 3.45%.
| Position | TTM | 2025 |
|---|---|---|
SLVR Sprott Silver Miners & Physical Silver ETF | 3.45% | 3.68% |
XSLE.DE Xtrackers IE Physical Silver (EUR Hedged) ETC Securities | 0.00% | 0.00% |
Frequently Asked Questions
XSLE.DE and SLVR have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SLVR is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SLVR is cheaper with a 0.65% expense ratio, compared with 0.73% for XSLE.DE.
XSLE.DE tracks LBMA Silver Price (EUR Hedged), while SLVR tracks Nasdaq Sprott Silver Miners™ Index. They also come from different issuers: Xtrackers and Sprott. Their fees differ too: 0.73% for XSLE.DE and 0.65% for SLVR.
Find the right allocation for XSLE.DE and SLVR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer