CEF vs ACWX

Comparison between Sprott Physical Gold and Silver Trust (CEF, ETF) and ISHARES MSCI ACWI EX U.S. ETF (ACWX, ETF).

5-Year PerformanceCEF has outperformed ACWX, delivering a return of +21.0% compared to +8.5%

CEF vs ACWX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEF(ETF)	ACWX(ETF)
Net Assets	$9.40B	$9.40B
Expense Ratio	N/A	0.32%
Max Drawdown	62.40%	60.59%
Sharpe Ratio	1.54	1.84
5Y Beta	0.38	0.74
5Y Dividends CAGR	14.87%	8.27%

Net Assets

CEF

$9.40B

ACWX

$9.40B

Expense Ratio

CEF

N/A

ACWX

0.32%

Max Drawdown

CEF

62.40%

Winner

ACWX

60.59%

Sharpe Ratio

CEF

1.54

Winner

ACWX

1.84

5Y Beta

Winner

CEF

0.38

ACWX

0.74

5Y Dividends CAGR

Winner

CEF

14.87%

ACWX

8.27%

CEF vs ACWX - Historical Returns

Returns include dividend reinvestment.

Period	CEF	ACWX
1 month	+5.23%	+4.89%
3 months	-3.64%	+3.89%
6 months	+34.58%	+16.80%
1 year	+73.70%	+35.51%
5 years(CAGR)	+21.03%	+8.54%
10 years(CAGR)	+14.63%	+9.75%
Max(CAGR)	+9.75%	+4.95%

Winner

CEF

+5.23%

ACWX

+4.89%

CEF

-3.64%

Winner

ACWX

+3.89%

Winner

CEF

+34.58%

ACWX

+16.80%

Winner

CEF

+73.70%

ACWX

+35.51%

5Y(CAGR)

Winner

CEF

+21.03%

ACWX

+8.54%

10Y(CAGR)

Winner

CEF

+14.63%

ACWX

+9.75%

Max(CAGR)

Winner

CEF

+9.75%

ACWX

+4.95%

CEF vs ACWX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEF	ACWX
2026	+9.06%	+11.24%
2025	+88.94%	+32.87%
2024	+24.79%	+6.49%
2023	+6.39%	+14.91%
2022	+2.17%	-16.52%
2021	-10.63%	+7.12%
2020	+31.10%	+8.96%
2019	+16.81%	+21.47%
2018	-7.38%	-14.92%
2017	+15.51%	+26.53%
2016	+11.32%	+6.58%
2015	-14.32%	-5.23%
2014	-14.41%	-3.19%
2013	-38.47%	+12.70%
2012	+3.29%	+14.30%
2011	-4.95%	-14.76%
2010	+47.63%	+7.35%
2009	+26.29%	+34.23%
2008	+1.28%	-38.62%
2007	+17.23%	N/A
2006	+31.89%	N/A
2005	+27.03%	N/A
2004	+3.58%	N/A
2003	+13.38%	N/A
2002	+41.46%	N/A
2001	+4.76%	N/A
2000	-17.45%	N/A
1999	-4.27%	N/A

CEF vs ACWX Drawdown Comparison

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The maximum drawdown for ACWX was -60.39%, occurring on Mar 9, 2009. Recovery took 1532 trading sessions.

The current CEF drawdown is -15.01%. The current ACWX drawdown is -0.26%.

Rank	CEF	ACWX
#1	-62.29% Aug 22, 2011 - Oct 22, 2024	-60.39% May 19, 2008 - Jun 19, 2014
#2	-44.69% Mar 17, 2008 - Nov 25, 2009	-35.38% Jan 26, 2018 - Nov 16, 2020
#3	-35.89% Nov 3, 1999 - May 6, 2002	-30.03% Jun 14, 2021 - May 15, 2024
#4	-26.77% Jan 29, 2026 - Mar 26, 2026	-25.97% Jul 3, 2014 - May 16, 2017
#5	-25.32% Feb 4, 2003 - Jan 9, 2004	-13.84% Mar 19, 2025 - May 2, 2025
#6	-23.64% May 11, 2006 - Oct 26, 2007	-11.42% Feb 25, 2026 - May 6, 2026
#7	-21.75% Apr 1, 2004 - Dec 7, 2005	-9.83% Sep 26, 2024 - Mar 17, 2025
#8	-20.52% Apr 27, 2011 - Aug 18, 2011	-7.98% Jul 12, 2024 - Aug 23, 2024
#9	-19.76% May 24, 2002 - Jan 27, 2003	-5.01% Nov 12, 2025 - Dec 11, 2025
#10	-17.97% Dec 2, 2009 - Aug 27, 2010	-4.96% Feb 16, 2021 - Apr 16, 2021
#11	-12.88% Dec 31, 2010 - Feb 18, 2011	-4.63% Jan 21, 2021 - Feb 9, 2021
#12	-11.21% Oct 16, 2025 - Nov 28, 2025	-4.17% Jul 23, 2025 - Aug 13, 2025
#13	-10.73% Oct 29, 2024 - Feb 5, 2025	-3.83% Aug 23, 2024 - Sep 19, 2024
#14	-9.13% Feb 2, 2006 - Mar 2, 2006	-3.78% May 7, 2021 - May 26, 2021
#15	-8.01% Apr 19, 2006 - May 4, 2006	-3.60% Oct 6, 2025 - Oct 20, 2025

Correlation

Correlation between CEF and ACWX is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2000 - 2025)

CEF vs ACWX dividend yield comparison.

Year	CEF	ACWX
2025	0.00%	2.82%
2024	0.00%	2.97%
2023	0.00%	2.96%
2022	0.00%	2.68%
2021	0.00%	2.73%
2020	0.00%	1.88%
2019	0.00%	3.22%
2018	0.08%	2.60%
2017	0.07%	2.40%
2016	0.09%	2.77%
2015	0.10%	2.51%
2014	0.09%	3.18%
2013	0.08%	2.69%
2012	0.00%	2.61%
2011	0.05%	3.07%
2010	0.05%	2.28%
2009	0.07%	2.02%
2008	0.09%	0.46%
2007	0.09%	0.00%
2006	0.11%	0.00%
2005	0.15%	0.00%
2004	0.18%	0.00%
2003	0.19%	0.00%
2002	0.21%	0.00%
2001	0.30%	0.00%
2000	0.31%	0.00%