ZINC.L vs. SLVR.L
ZINC.L (WisdomTree Zinc) and SLVR.L (WisdomTree Silver) are both exchange-traded funds - ZINC.L is a Metals fund tracking the Bloomberg Zinc, while SLVR.L is a Silver fund tracking the Bloomberg Silver Subindex. Both are passively managed. Over the past 10 years, ZINC.L returned 7.37%/yr vs 13.50%/yr for SLVR.L. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.49% expense ratio.
Performance
ZINC.L vs. SLVR.L - Performance Comparison
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Returns By Period
In the year-to-date period, ZINC.L achieves a 15.82% return, which is significantly higher than SLVR.L's 3.62% return. Over the past 10 years, ZINC.L has underperformed SLVR.L with an annualized return of 7.37%, while SLVR.L has yielded a comparatively higher 13.50% annualized return.
ZINC.L
- 1D
- -0.57%
- 1M
- 6.40%
- YTD
- 15.82%
- 6M
- 17.29%
- 1Y
- 38.82%
- 3Y*
- 17.84%
- 5Y*
- 5.86%
- 10Y*
- 7.37%
SLVR.L
- 1D
- 0.43%
- 1M
- -0.02%
- YTD
- 3.62%
- 6M
- 28.48%
- 1Y
- 109.37%
- 3Y*
- 43.40%
- 5Y*
- 19.20%
- 10Y*
- 13.50%
ZINC.L vs. SLVR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZINC.L WisdomTree Zinc | 15.82% | 6.70% | 13.11% | -9.01% | -11.08% | 26.65% | 15.73% | -0.07% | -22.41% | 27.77% |
SLVR.L WisdomTree Silver | 3.62% | 136.72% | 20.15% | -2.57% | 2.25% | -14.66% | 40.61% | 13.97% | -10.13% | 1.46% |
Correlation
The correlation between ZINC.L and SLVR.L is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2006 | 0.31 |
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Return for Risk
ZINC.L vs. SLVR.L — Risk / Return Rank
ZINC.L
SLVR.L
ZINC.L vs. SLVR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Zinc (ZINC.L) and WisdomTree Silver (SLVR.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.
| ZINC.L | SLVR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 2.67 | +0.93 |
| Martin ratioReturn relative to average drawdown | 13.28 | 5.81 | +7.46 |
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
| ZINC.L | SLVR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.85 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.52 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.42 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.22 | -0.25 |
Drawdowns
ZINC.L vs. SLVR.L - Drawdown Comparison
The maximum ZINC.L drawdown since its inception was -77.49%, roughly equal to the maximum SLVR.L drawdown of -79.93%. Use the drawdown chart below to compare losses from any high point for ZINC.L and SLVR.L.
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Drawdown Indicators
| ZINC.L | SLVR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.49% | -79.93% | +2.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.74% | -40.74% | +30.00% |
Max Drawdown (3Y)Largest decline over 3 years | -19.66% | -40.74% | +21.08% |
Max Drawdown (5Y)Largest decline over 5 years | -47.04% | -40.74% | -6.30% |
Max Drawdown (10Y)Largest decline over 10 years | -47.04% | -46.90% | -0.14% |
Current DrawdownCurrent decline from peak | -36.98% | -35.42% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -56.38% | -49.43% | -6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 18.74% | -15.84% |
Volatility
ZINC.L vs. SLVR.L - Volatility Comparison
The current volatility for WisdomTree Zinc (ZINC.L) is 4.90%, while WisdomTree Silver (SLVR.L) has a volatility of 17.68%. This indicates that ZINC.L experiences smaller price fluctuations and is considered to be less risky than SLVR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZINC.L | SLVR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 17.68% | -12.78% |
Volatility (6M)Calculated over the trailing 6-month period | 14.12% | 56.07% | -41.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 58.81% | -40.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.18% | 36.80% | -11.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.98% | 31.95% | -7.97% |
ZINC.L vs. SLVR.L - Expense Ratio Comparison
Both ZINC.L and SLVR.L have an expense ratio of 0.49%.
Dividends
ZINC.L vs. SLVR.L - Dividend Comparison
Neither ZINC.L nor SLVR.L has paid dividends to shareholders.
Frequently Asked Questions
ZINC.L and SLVR.L have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ZINC.L and SLVR.L have the same expense ratio: 0.49% per year.
ZINC.L is categorized as Metals, while SLVR.L is Silver. ZINC.L tracks Bloomberg Zinc, while SLVR.L tracks Bloomberg Silver Subindex.
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