Palladium vs Silver

Palladium (XPD) and Silver (XAG) compared side by side. Over the past 90 days, XAG is ahead by 8.1 percentage points (XPD -26.3% against XAG -18.2%). Their daily returns move closely together (correlation 0.73 across 279 shared trading days). XAG has been the more volatile of the two, at 77% annualised against XPD's 66%.

Correlation: 0.73
Ahead over 90 days: XAG

PalladiumXPD

$985.0000

24h: +5.51%
Market cap: —
Volume 24h: $4,886
Volatility (ann.): 66%

SilverXAG

$52.0000

24h: +4.52%
Market cap: —
Volume 24h: $26,396
Volatility (ann.): 77%

Performance

XPDXAG

7 days-11.14%-7.68%XAG
30 days-26.41%-22.82%XAG
90 days-26.30%-18.23%XAG

Correlation

0.73over 279 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 0.581y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	XPD	XAG
Max drawdown (400d)	-57.1%	-57.3%
Risk-adjusted return (90d)	-0.56	-0.41

Relative strength over 90 days: XAG outperformed XPD by 9.9% — measured on the XPD/XAG ratio, so it holds regardless of market direction.

Palladium →Silver →