PSLV vs VMBS

Comparison between Sprott Physical Silver Trust (PSLV, ETF) and VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND ETF SHARES (VMBS, ETF).

5-Year PerformancePSLV has outperformed VMBS, delivering a return of +21.6% compared to +0.5%

PSLV vs VMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PSLV(ETF)	VMBS(ETF)
Net Assets	$16B	$17B
Expense Ratio	N/A	0.03%
Max Drawdown	79.38%	22.61%
Sharpe Ratio	1.79	0.64
5Y Beta	0.70	0.04
5Y Dividends CAGR	N/A	19.16%

Net Assets

PSLV

$16B

Winner

VMBS

$17B

Expense Ratio

PSLV

N/A

VMBS

0.03%

Max Drawdown

PSLV

79.38%

Winner

VMBS

22.61%

Sharpe Ratio

Winner

PSLV

1.79

VMBS

0.64

5Y Beta

PSLV

0.70

Winner

VMBS

0.04

5Y Dividends CAGR

PSLV

N/A

VMBS

19.16%

PSLV vs VMBS - Historical Returns

Returns include dividend reinvestment.

Period	PSLV	VMBS
1 month	+8.62%	+0.13%
3 months	-4.66%	+0.39%
6 months	+63.10%	+1.78%
1 year	+141.12%	+7.22%
5 years(CAGR)	+21.64%	+0.51%
10 years(CAGR)	+15.04%	+1.42%
Max(CAGR)	+6.38%	+2.13%

Winner

PSLV

+8.62%

VMBS

+0.13%

PSLV

-4.66%

Winner

VMBS

+0.39%

Winner

PSLV

+63.10%

VMBS

+1.78%

Winner

PSLV

+141.12%

VMBS

+7.22%

5Y(CAGR)

Winner

PSLV

+21.64%

VMBS

+0.51%

10Y(CAGR)

Winner

PSLV

+15.04%

VMBS

+1.42%

Max(CAGR)

Winner

PSLV

+6.38%

VMBS

+2.13%

PSLV vs VMBS - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	PSLV	VMBS
2026	+8.17%	+1.23%
2025	+139.86%	+8.50%
2024	+20.47%	+2.27%
2023	-2.42%	+4.56%
2022	+4.17%	-11.51%
2021	-16.28%	-1.30%
2020	+41.52%	+3.66%
2019	+16.58%	+6.04%
2018	-12.93%	+0.95%
2017	+1.77%	+2.35%
2016	+15.15%	+1.28%
2015	-14.86%	+1.42%
2014	-21.25%	+5.91%
2013	-38.50%	-1.21%
2012	-15.80%	+2.35%
2011	-1.47%	+5.83%
2010	+40.14%	+5.12%
2009	N/A	-1.00%

PSLV vs VMBS Drawdown Comparison

The maximum drawdown for PSLV was -79.38%, occurring on Mar 19, 2020. Recovery took 3689 trading sessions.

The maximum drawdown for VMBS was -17.47%, occurring on Oct 20, 2022. Recovery took 1201 trading sessions.

The current PSLV drawdown is -27.92%. The current VMBS drawdown is -0.89%.

Rank	PSLV	VMBS
#1	-79.38% Apr 21, 2011 - Dec 22, 2025	-17.47% Jan 5, 2021 - Oct 16, 2025
#2	-40.65% Jan 28, 2026 - Mar 26, 2026	-5.08% Mar 9, 2020 - Mar 27, 2020
#3	-16.84% Dec 31, 2010 - Feb 18, 2011	-4.00% Sep 26, 2012 - Mar 3, 2014
#4	-9.91% Mar 7, 2011 - Mar 21, 2011	-3.26% Sep 27, 2016 - Aug 3, 2017
#5	-9.18% Dec 26, 2025 - Jan 6, 2026	-2.81% Sep 7, 2017 - Dec 28, 2018
#6	-6.92% Nov 11, 2010 - Nov 22, 2010	-2.79% Nov 4, 2010 - Mar 16, 2011
#7	-5.30% Apr 8, 2011 - Apr 14, 2011	-2.51% Feb 27, 2026 - Mar 26, 2026
#8	-5.17% Jan 6, 2026 - Jan 12, 2026	-1.50% Apr 24, 2015 - Sep 17, 2015
#9	-4.82% Dec 6, 2010 - Dec 13, 2010	-1.47% Nov 30, 2009 - Feb 4, 2010
#10	-4.36% Jan 14, 2026 - Jan 20, 2026	-1.33% Mar 16, 2011 - Apr 18, 2011
#11	-3.60% Mar 23, 2011 - Apr 4, 2011	-1.30% Sep 22, 2011 - Dec 7, 2011
#12	-3.14% Dec 14, 2010 - Dec 28, 2010	-1.13% Mar 23, 2010 - May 7, 2010
#13	-2.99% Feb 23, 2011 - Feb 25, 2011	-1.01% Jun 8, 2011 - Jul 29, 2011
#14	-2.70% Nov 8, 2010 - Nov 11, 2010	-0.95% Aug 18, 2011 - Sep 22, 2011
#15	-2.41% Mar 2, 2011 - Mar 4, 2011	-0.91% Oct 19, 2015 - Jan 7, 2016