XSLR.DE vs. FRES.L
XSLR.DE (Xtrackers IE Physical Silver ETC Securities) is Silver fund tracking the LBMA Silver Price, while FRES.L (Fresnillo plc) is a stock. Over the past 5 years, XSLR.DE returned 18.56%/yr vs 31.92%/yr for FRES.L. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
XSLR.DE vs. FRES.L - Performance Comparison
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Different Trading Currencies
XSLR.DE is traded in EUR, while FRES.L is traded in GBp. To make them comparable, the FRES.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XSLR.DE achieves a -20.05% return, which is significantly lower than FRES.L's -14.80% return.
XSLR.DE
- 1D
- 0.00%
- 1M
- -20.17%
- YTD
- -20.05%
- 6M
- -20.05%
- 1Y
- 69.33%
- 3Y*
- 35.30%
- 5Y*
- 18.56%
- 10Y*
- —
FRES.L
- 1D
- -1.35%
- 1M
- -16.05%
- YTD
- -14.80%
- 6M
- -16.81%
- 1Y
- 95.67%
- 3Y*
- 70.28%
- 5Y*
- 31.92%
- 10Y*
- 6.85%
XSLR.DE vs. FRES.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XSLR.DE Xtrackers IE Physical Silver ETC Securities | -20.05% | 129.87% | 30.90% | -4.25% | 10.74% | -6.08% | 41.01% |
FRES.L Fresnillo plc | -14.80% | 438.57% | 11.25% | -31.56% | -1.45% | -13.50% | 56.37% |
Correlation
The correlation between XSLR.DE and FRES.L is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2020 | 0.58 |
The correlation between XSLR.DE and FRES.L shifts across timeframes, from 0.58 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XSLR.DE vs. FRES.L — Risk / Return Rank
XSLR.DE
FRES.L
XSLR.DE vs. FRES.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers IE Physical Silver ETC Securities (XSLR.DE) and Fresnillo plc (FRES.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.
| XSLR.DE | FRES.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 2.61 | -1.10 |
| Martin ratioReturn relative to average drawdown | 3.33 | 6.05 | -2.72 |
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Drawdowns
XSLR.DE vs. FRES.L - Drawdown Comparison
The maximum XSLR.DE drawdown since its inception was -46.29%, smaller than the maximum FRES.L drawdown of -83.50%. Use the drawdown chart below to compare losses from any high point for XSLR.DE and FRES.L.
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Drawdown Indicators
| XSLR.DE | FRES.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.29% | -83.50% | +37.21% |
Max Drawdown (1Y)Largest decline over 1 year | -46.29% | -36.45% | -9.84% |
Max Drawdown (3Y)Largest decline over 3 years | -46.29% | -36.45% | -9.84% |
Max Drawdown (5Y)Largest decline over 5 years | -46.29% | -54.14% | +7.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.44% | — |
Current DrawdownCurrent decline from peak | -45.60% | -36.45% | -9.15% |
Average DrawdownAverage peak-to-trough decline | -12.64% | -42.38% | +29.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.86% | 15.75% | +5.11% |
Volatility
XSLR.DE vs. FRES.L - Volatility Comparison
The current volatility for Xtrackers IE Physical Silver ETC Securities (XSLR.DE) is 14.18%, while Fresnillo plc (FRES.L) has a volatility of 16.44%. This indicates that XSLR.DE experiences smaller price fluctuations and is considered to be less risky than FRES.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSLR.DE | FRES.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.18% | 16.44% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 52.94% | 44.22% | +8.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.87% | 56.31% | +3.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.12% | 43.40% | -8.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.04% | 43.39% | -8.35% |
Dividends
XSLR.DE vs. FRES.L - Dividend Comparison
XSLR.DE has not paid dividends to shareholders, while FRES.L's dividend yield for the trailing twelve months is around 3.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FRES.L Fresnillo plc | 3.47% | 2.00% | 1.36% | 1.98% | 2.44% | 2.66% | 1.00% | 2.35% | 3.49% | 1.73% |
XSLR.DE Xtrackers IE Physical Silver ETC Securities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSLR.DE and FRES.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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