Kinsale Capital vs Sprott Physical Silver Trust

This page compares Kinsale Capital and Sprott Physical Silver Trust, examining business models, financial performance, and market context. It explains how each company approaches risk, growth, and value creation, and places their activities within the wider sector, delivering a clear, accessible overview for informed consideration. Educational content, not financial advice.

Comparison Snapshot

Key Financial Metrics

KNSL

Metric

PSLV

$9.42B

Market Cap

$17.98B

16.12%

Potential Profit

N/A

Hold

Analyst Rating

N/A

Investment Analysis

Kinsale Capital

KNSL

Pros

Kinsale Capital Group has a strong track record of consistent earnings growth and has historically beaten earnings estimates.
The company operates in the specialized excess and surplus lines insurance market, targeting hard-to-place small and mid-sized business risks.
Kinsale demonstrates robust profitability with a high return on equity around 29%, reflecting efficient capital use.

Considerations

The stock trades at a relatively high price-to-earnings ratio in the mid-20s, indicating premium valuation compared to some peers.
Kinsale’s business is exposed to underwriting risks and potential fluctuations in the property and casualty insurance market cycles.
With a modest dividend yield below 0.15%, it offers limited income generation compared to other investment options.

Sprott Physical Silver Trust

PSLV

Pros

Sprott Physical Silver Trust holds a substantial amount of fully allocated physical silver, providing direct commodity exposure without counterparty risk.
The trust has shown strong year-to-date net asset value growth around 64%, highlighting significant recent appreciation in silver prices.
Its management expense ratio is relatively low at 0.57%, keeping ongoing costs efficient for investors.

Considerations

The trust currently trades at a discount to its net asset value by approximately 3.8%, which may reflect market uncertainty or liquidity risks.
Silver prices can be highly volatile and sensitive to macroeconomic and geopolitical factors, causing potential valuation fluctuations.
As a closed-end trust, liquidity can be more limited compared to open-ended ETFs, potentially affecting marketability during volatile periods.

About The Companies

Kinsale Capital (KNSL)

Kinsale Capital Group, Inc. is a specialty insurance company operating in the United States. It focuses on the excess and surplus (E&S) lines market, which means it provides cover for unique or complex risks that many standard insurers might not. Through its subsidiary, Kinsale Insurance Company, it is authorised to write insurance in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The company's core clients are typically small to medium-sized businesses. Kinsale's offerings span a wide range of commercial lines, including construction, products liability, and energy, alongside personal lines like high-value home insurance. As with any investment, it's important to remember that the value of shares can go down as well as up, and past performance is not an indicator of future results. This information is for educational purposes and not a recommendation to invest.

Sprott Physical Silver Trust (PSLV)

Sprott Physical Silver Trust (PSLV) is an exchange-traded trust that holds physical silver bullion to provide investors with direct exposure to the price of silver. Listed in the US, PSLV’s shares represent a claim on stored, allocated silver rather than company earnings, making it a commodity-focused instrument rather than an equity. With a market capitalisation around $9.0 billion, it is among the larger vehicles offering physical silver access. Investors should note fees, storage and insurance costs are embedded in the trust’s structure and small tracking differences versus spot metal prices can occur. PSLV may appeal to those seeking inflation hedging, portfolio diversification or a simpler route to physical metal ownership, but silver prices can be volatile and the trust is not a guaranteed protector of capital. This is general educational information, not personalised financial advice; suitability depends on individual goals, time horizon and risk tolerance.

Which Baskets Do They Appear In?

No baskets available in this category

Which Baskets Do They Appear In?

No baskets available in this category

Buy KNSL or PSLV in Nemo

🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Comparisons

Kinsale Capital vs Wintrust Financial

Kinsale Capital vs SouthState

Kinsale Capital vs SouthState: Business snapshot

Kinsale Capital vs Sprott Physical Silver Trust

Comparison Snapshot