# WisdomTree Physical Silver (PHSP)

**Page:** https://fundology.uk/fund/phsp · ISIN JE00B1VS3333

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, PHSP (WisdomTree Physical Silver, ISIN JE00B1VS3333) closed at £33.79 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 13/11/2026 its total return was +101.0%, or +56.9% after UK CPIH inflation.

## Summary

WisdomTree Physical Silver is an exchange-traded commodity (ETC) from WisdomTree, launched in 2007. It tracks the LBMA Silver Price ($/ozt). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Latest close: **£33.79** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | PHSP |
| ISIN | JE00B1VS3333 |
| Also listed as | OVZC (London Stock Exchange, euros), PHAG (London Stock Exchange, US dollars), VZLC (Xetra, euros) |
| Category | Gold & commodities |
| Type | ETC |
| Provider | WisdomTree |
| Tracks | LBMA Silver Price ($/ozt) |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £1.8bn |
| Launched | 2007 |
| Domicile | Jersey |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2009 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -2.42% | -5.87% | income reinvested |
| 3 years | +112.00% | +91.54% | income reinvested |
| 5 years | +100.99% | +56.88% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of WisdomTree Physical Silver in pounds (price only; the fund pays no income): 2022 +15.5%, 2023 −6.5%, 2024 +27.8%, 2025 +121.0%; 2026 to 13/11/2026 −30.4%. Returns of WisdomTree Physical Silver in pounds (price only; the fund pays no income) over the 12 months to 30/09/2026: +25.9%; to 30/09/2025: +50.6%; to 30/09/2024: +28.4%; to 30/09/2023: +5.8%; to 30/09/2022: +3.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +15.5% | +5.7% | Price |
| 2023 | -6.5% | -10.2% | Price |
| 2024 | +27.8% | +23.4% | Price |
| 2025 | +121.0% | +113.4% | Price |
| 2026 to 13/11/2026 | -30.4% | -32.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 50.57% | -50.63% |
| 3 years | 36.16% | -50.63% |
| 5 years | 32.44% | -50.63% |

## Largest fall

Volatility of WisdomTree Physical Silver in pounds, annualised from weekly returns to 13/11/2026: 50.6% over 1 year, 36.2% over 3 years, 32.4% over 5 years. Largest fall in the price of WisdomTree Physical Silver since November 2021, in pounds: −50.6% from 23/01/2026 to 30/10/2026. The lowest 12-month return of WisdomTree Physical Silver in pounds (price only; the fund pays no income) since January 2021 was −16.2% (12 months to 28/01/2022); the highest was +199.7% (12 months to 23/01/2026). On 13/11/2026 the price of WisdomTree Physical Silver was 50.0% below its highest weekly close since November 2021 (23/01/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of WisdomTree Physical Silver 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

## Funds tracking the same index

7 funds track LBMA Silver Price ($/ozt), this one included and share classes counted once; their ongoing charges range from 0.19% to 0.63% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Physical Silver ETC | 0.19% | +1.8% | +119.7% | +118.2% |
| iShares Physical Silver ETC | 0.20% | +1.7% | +119.6% | +118.0% |
| Swisscanto (CH) Silver ETF EA USD | 0.63% | -0.1% | +110.3% | +105.6% |
| UBS Silver ETF Anteile -USD acc- | 0.45% | +3.6% | +112.3% | +112.3% |
| WisdomTree Core Physical Silver ETP | 0.19% | -2.1% | — | — |
| WisdomTree Physical Silver (this fund) | 0.49% | -2.4% | +112.0% | +101.0% |
| Xtrackers IE Physical Silver ETC | 0.20% | +2.3% | +119.8% | +84.0% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of PHSP?**

The ongoing charge of PHSP is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of WisdomTree Physical Silver 0.49% a year. Compared on 14/11/2026, 43 of the 149 other gold and commodity funds charge more, 23 the same and 83 less (share classes counted once).

**What does PHSP track?**

PHSP tracks the LBMA Silver Price ($/ozt).

**What is the ISIN of PHSP?**

The ISIN of PHSP is JE00B1VS3333. An ISIN identifies one exact share class of a fund; PHSP is its ticker on the London Stock Exchange. The same share class is also listed as OVZC (London Stock Exchange, euros), PHAG (London Stock Exchange, US dollars) and VZLC (Xetra, euros).

**What were PHSP’s returns in each of the last five years?**

Calendar-year returns of PHSP in pounds (price only; the fund pays no income): 2022 +15.5%, 2023 −6.5%, 2024 +27.8%, 2025 +121.0%; 2026 to 13/11/2026 −30.4%. Past performance is not a guide to future returns.

**How has PHSP done after inflation?**

Over the five years to 13/11/2026 PHSP’s total return was +101.0%, or +56.9% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
