PortfoliosLab logoPortfoliosLab logo
Global X Silver ETF (HUZ.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
CA37964K1012
Issuer
Global X
Inception Date
Jun 24, 2009
Leveraged
1x (No leverage)
Index Tracked
Solactive Silver Front Month MD Rolling Futures Index
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Global X Silver ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Different Benchmark Currency

HUZ.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Global X Silver ETF (HUZ.TO) has returned 5.82% so far this year and 105.90% over the past 12 months. Over the last decade, HUZ.TO has posted an annualized return of 13.41%, slightly higher than the S&P 500 Index benchmark’s 12.91%.


Global X Silver ETF

1D
7.32%
1M
-20.09%
YTD
5.82%
6M
57.40%
1Y
105.90%
3Y*
40.38%
5Y*
20.56%
10Y*
13.41%

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 25, 2009, HUZ.TO's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, your investment would double in approximately 6.0 years.

Historically, 48% of months were positive and 52% were negative. The best month was Jul 2020 with a return of +31.5%, while the worst month was Sep 2011 at -27.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HUZ.TO closed higher 47% of trading days. The best single day was Jul 4, 2016 with a return of +8.6%, while the worst single day was Jan 30, 2026 at -29.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202617.00%13.19%-20.09%5.82%
202510.23%-2.62%9.75%-6.49%0.99%8.77%1.35%8.85%15.44%3.14%15.03%25.36%129.20%
2024-3.61%-1.44%9.95%6.30%14.02%-4.17%-1.15%-0.31%7.36%4.98%-6.40%-5.88%18.72%
2023-0.98%-13.60%17.10%3.83%-6.35%-3.57%8.17%-0.79%-8.85%3.11%9.13%-6.90%-3.75%
2022-3.52%8.98%1.72%-8.95%-5.84%-6.30%-0.11%-11.99%7.29%0.11%15.46%8.00%1.17%
20211.23%-1.59%-8.08%5.61%8.56%-7.23%-3.07%-6.66%-7.57%8.00%-4.88%1.47%-15.10%

Benchmark Metrics

Global X Silver ETF has an annualized alpha of 9.34%, beta of 0.18, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 26, 2009.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (26.52%) than losses (11.02%) — typical of diversified or defensive assets.
  • Beta of 0.18 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.01 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
9.34%
Beta
0.18
0.01
Upside Capture
26.52%
Downside Capture
11.02%

Expense Ratio

HUZ.TO has a high expense ratio of 1.18%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HUZ.TO ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


HUZ.TO Risk / Return Rank: 8181
Overall Rank
HUZ.TO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
HUZ.TO Sortino Ratio Rank: 7777
Sortino Ratio Rank
HUZ.TO Omega Ratio Rank: 8787
Omega Ratio Rank
HUZ.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
HUZ.TO Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Silver ETF (HUZ.TO) and compare them to a chosen benchmark (S&P 500 Index).


HUZ.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.85

0.69

+1.16

Sortino ratio

Return per unit of downside risk

2.03

1.06

+0.97

Omega ratio

Gain probability vs. loss probability

1.36

1.17

+0.20

Calmar ratio

Return relative to maximum drawdown

2.47

1.14

+1.33

Martin ratio

Return relative to average drawdown

7.66

4.22

+3.44

Explore HUZ.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Global X Silver ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Silver ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Silver ETF was 81.06%, occurring on Mar 18, 2020. Recovery took 1455 trading sessions.

The current Global X Silver ETF drawdown is 36.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.06%Apr 29, 20112230Mar 18, 20201455Jan 6, 20263685
-43.11%Jan 30, 202639Mar 26, 2026
-21.84%Dec 3, 200945Feb 8, 201065May 12, 2010110
-12.93%Jan 4, 201116Jan 25, 201117Feb 17, 201133
-11.87%May 13, 201053Jul 28, 201028Sep 8, 201081

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...