VMBS vs PSLV

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

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

VMBS vs PSLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

VMBS

$17B

PSLV

$16B

Expense Ratio

VMBS

0.03%

PSLV

N/A

Max Drawdown

Winner

VMBS

22.61%

PSLV

79.38%

Sharpe Ratio

VMBS

0.64

Winner

PSLV

1.79

5Y Beta

Winner

VMBS

0.04

PSLV

0.70

5Y Dividends CAGR

VMBS

19.16%

PSLV

N/A

VMBS vs PSLV - Historical Returns

Returns include dividend reinvestment.

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

VMBS

+0.13%

Winner

PSLV

+8.62%

Winner

VMBS

+0.39%

PSLV

-4.66%

VMBS

+1.78%

Winner

PSLV

+63.10%

VMBS

+7.22%

Winner

PSLV

+141.12%

5Y(CAGR)

VMBS

+0.51%

Winner

PSLV

+21.64%

10Y(CAGR)

VMBS

+1.42%

Winner

PSLV

+15.04%

Max(CAGR)

VMBS

+2.13%

Winner

PSLV

+6.38%

VMBS vs PSLV - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

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

VMBS vs PSLV Drawdown Comparison

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

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

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

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