XSLE.DE vs. XSLR.L
XSLE.DE (Xtrackers IE Physical Silver (EUR Hedged) ETC Securities) and XSLR.L (Xtrackers IE Physical Silver ETC Securities) are both Silver funds from Xtrackers - XSLE.DE tracks the LBMA Silver Price (EUR Hedged) while XSLR.L tracks the LBMA Silver Price. Both are passively managed. Over the past 5 years, XSLE.DE returned 12.87%/yr vs 18.76%/yr for XSLR.L. Their correlation of 0.91 suggests significant overlap in exposure. XSLE.DE charges 0.73%/yr vs 0.20%/yr for XSLR.L.
Performance
XSLE.DE vs. XSLR.L - Performance Comparison
Loading charts...
Different Trading Currencies
XSLE.DE is traded in EUR, while XSLR.L is traded in USD. To make them comparable, the XSLR.L 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 -26.25% return, which is significantly lower than XSLR.L's -14.16% return.
XSLE.DE
- 1D
- 0.00%
- 1M
- -24.10%
- YTD
- -26.25%
- 6M
- -26.25%
- 1Y
- 53.24%
- 3Y*
- 31.27%
- 5Y*
- 12.87%
- 10Y*
- —
XSLR.L
- 1D
- 3.35%
- 1M
- -19.61%
- YTD
- -14.16%
- 6M
- -19.39%
- 1Y
- 71.36%
- 3Y*
- 35.70%
- 5Y*
- 18.76%
- 10Y*
- —
XSLE.DE vs. XSLR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XSLE.DE Xtrackers IE Physical Silver (EUR Hedged) ETC Securities | -26.25% | 149.28% | 20.14% | -4.86% | 0.29% | -15.30% | 66.03% |
XSLR.L Xtrackers IE Physical Silver ETC Securities | -14.16% | 118.06% | 29.27% | -3.74% | 9.80% | -6.60% | 50.54% |
Correlation
The correlation between XSLE.DE and XSLR.L is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 14, 2020 | 0.91 |
The correlation between XSLE.DE and XSLR.L has been stable across timeframes, ranging from 0.91 to 0.94 - 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. XSLR.L — Risk / Return Rank
XSLE.DE
XSLR.L
XSLE.DE vs. XSLR.L - 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 Xtrackers IE Physical Silver ETC Securities (XSLR.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XSLE.DE | XSLR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.05 | 1.51 | -0.46 |
| Martin ratioReturn relative to average drawdown | 2.34 | 3.40 | -1.06 |
Loading charts...
Drawdowns
XSLE.DE vs. XSLR.L - Drawdown Comparison
The maximum XSLE.DE drawdown since its inception was -50.39%, which is greater than XSLR.L's maximum drawdown of -46.92%. Use the drawdown chart below to compare losses from any high point for XSLE.DE and XSLR.L.
Loading charts...
Drawdown Indicators
| XSLE.DE | XSLR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.39% | -46.92% | -3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -50.39% | -46.92% | -3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -50.39% | -46.92% | -3.47% |
Max Drawdown (5Y)Largest decline over 5 years | -50.39% | -46.92% | -3.47% |
Current DrawdownCurrent decline from peak | -50.39% | -45.15% | -5.24% |
Average DrawdownAverage peak-to-trough decline | -18.56% | -12.53% | -6.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.66% | 20.91% | +1.75% |
Volatility
XSLE.DE vs. XSLR.L - Volatility Comparison
Xtrackers IE Physical Silver (EUR Hedged) ETC Securities (XSLE.DE) and Xtrackers IE Physical Silver ETC Securities (XSLR.L) have volatilities of 15.37% and 15.57%, 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.
Loading charts...
Volatility by Period
| XSLE.DE | XSLR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.37% | 15.57% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 55.02% | 53.24% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.27% | 56.35% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.72% | 34.41% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.55% | 34.01% | +1.54% |
XSLE.DE vs. XSLR.L - Expense Ratio Comparison
XSLE.DE has a 0.73% expense ratio, which is higher than XSLR.L's 0.20% expense ratio.
Dividends
XSLE.DE vs. XSLR.L - Dividend Comparison
Neither XSLE.DE nor XSLR.L has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.94, XSLE.DE and XSLR.L 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.
On fees, XSLR.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSLR.L is cheaper with a 0.20% expense ratio, compared with 0.73% for XSLE.DE.
XSLE.DE tracks LBMA Silver Price (EUR Hedged), while XSLR.L tracks LBMA Silver Price. Their fees differ too: 0.73% for XSLE.DE and 0.20% for XSLR.L.
Find the right allocation for XSLE.DE and XSLR.L
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