XSLR.DE vs. SBT.TO
XSLR.DE (Xtrackers IE Physical Silver ETC Securities) and SBT.TO (Purpose Silver Bullion Fund) are both Silver funds tracking the LBMA Silver Price, from Xtrackers and Purpose Investments respectively. Both are passively managed. Over the past 5 years, XSLR.DE returned 18.56%/yr vs 13.11%/yr for SBT.TO. At a 0.48 correlation, their price movements are largely independent. XSLR.DE charges 0.20%/yr vs 0.36%/yr for SBT.TO.
Performance
XSLR.DE vs. SBT.TO - Performance Comparison
Loading charts...
Different Trading Currencies
XSLR.DE is traded in EUR, while SBT.TO is traded in CAD. To make them comparable, the SBT.TO values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with XSLR.DE having a -20.05% return and SBT.TO slightly higher at -19.26%.
XSLR.DE
- 1D
- 0.00%
- 1M
- -20.17%
- YTD
- -20.05%
- 6M
- -20.05%
- 1Y
- 69.33%
- 3Y*
- 35.30%
- 5Y*
- 18.56%
- 10Y*
- —
SBT.TO
- 1D
- 2.18%
- 1M
- -23.30%
- YTD
- -19.26%
- 6M
- -24.58%
- 1Y
- 56.35%
- 3Y*
- 29.23%
- 5Y*
- 13.11%
- 10Y*
- 9.93%
XSLR.DE vs. SBT.TO - 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% |
SBT.TO Purpose Silver Bullion Fund | -19.26% | 118.93% | 16.51% | -1.49% | 1.85% | -6.64% | 66.58% |
Correlation
The correlation between XSLR.DE and SBT.TO is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2020 | 0.48 |
Over the past year, XSLR.DE and SBT.TO have become more correlated (0.76) than their long-term average of 0.48, meaning their price movements have been converging.
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
XSLR.DE vs. SBT.TO — Risk / Return Rank
XSLR.DE
SBT.TO
XSLR.DE vs. SBT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers IE Physical Silver ETC Securities (XSLR.DE) and Purpose Silver Bullion Fund (SBT.TO). 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 | SBT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.09 | +0.42 |
| Martin ratioReturn relative to average drawdown | 3.33 | 2.46 | +0.88 |
Loading charts...
Drawdowns
XSLR.DE vs. SBT.TO - Drawdown Comparison
The maximum XSLR.DE drawdown since its inception was -46.29%, smaller than the maximum SBT.TO drawdown of -52.19%. Use the drawdown chart below to compare losses from any high point for XSLR.DE and SBT.TO.
Loading charts...
Drawdown Indicators
| XSLR.DE | SBT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.29% | -52.19% | +5.90% |
Max Drawdown (1Y)Largest decline over 1 year | -46.29% | -52.19% | +5.90% |
Max Drawdown (3Y)Largest decline over 3 years | -46.29% | -52.19% | +5.90% |
Max Drawdown (5Y)Largest decline over 5 years | -46.29% | -52.19% | +5.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.19% | — |
Current DrawdownCurrent decline from peak | -45.60% | -50.25% | +4.65% |
Average DrawdownAverage peak-to-trough decline | -12.64% | -17.34% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.86% | 23.00% | -2.14% |
Volatility
XSLR.DE vs. SBT.TO - Volatility Comparison
The current volatility for Xtrackers IE Physical Silver ETC Securities (XSLR.DE) is 14.18%, while Purpose Silver Bullion Fund (SBT.TO) has a volatility of 16.02%. This indicates that XSLR.DE experiences smaller price fluctuations and is considered to be less risky than SBT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSLR.DE | SBT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.18% | 16.02% | -1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 52.94% | 57.92% | -4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.87% | 60.00% | -0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.12% | 37.95% | -2.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.04% | 67.58% | -32.54% |
XSLR.DE vs. SBT.TO - Expense Ratio Comparison
XSLR.DE has a 0.20% expense ratio, which is lower than SBT.TO's 0.36% expense ratio.
Dividends
XSLR.DE vs. SBT.TO - Dividend Comparison
Neither XSLR.DE nor SBT.TO has paid dividends to shareholders.
Frequently Asked Questions
XSLR.DE and SBT.TO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSLR.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSLR.DE is cheaper with a 0.20% expense ratio, compared with 0.36% for SBT.TO.
Both ETFs track LBMA Silver Price. They also come from different issuers: Xtrackers and Purpose Investments. Their fees differ too: 0.20% for XSLR.DE and 0.36% for SBT.TO.
Find the right allocation for XSLR.DE and SBT.TO
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