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Performance

SI=F Performance Chart

Silver (SI=F) is up 7.0% since the beginning of the year. SI=F is currently trading at $76 per share. Investors who bought $1,000 worth of SI=F shares 5 years ago would now be looking at an investment worth $2,748.


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S&P 500 Index

Returns By Period

Silver (SI=F) has returned 7.02% so far this year and 118.16% over the past 12 months. Looking at the last ten years, SI=F has achieved an annualized return of 16.53%, outperforming the S&P 500 Index benchmark, which averaged 13.66% per year.


Silver

1D
0.40%
1M
2.77%
YTD
7.02%
6M
28.89%
1Y
118.16%
3Y*
46.86%
5Y*
22.41%
10Y*
16.53%

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SI=F Monthly Returns History

Based on dividend-adjusted daily data since Feb 4, 1970, SI=F's average daily return is +0.04%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.

Historically, 51% of months were positive and 49% were negative. The best month was Sep 1979 with a return of +54.7%, while the worst month was Mar 1980 at -47.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 10 months.

On a daily basis, SI=F closed higher 51% of trading days. The best single day was Jan 18, 2026 with a return of +14.5%, while the worst single day was Jan 30, 2026 at -31.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202611.23%18.80%-19.69%-1.19%2.53%-0.45%7.02%
202510.34%-2.38%9.89%-5.15%0.61%9.52%1.49%10.76%13.75%4.12%18.47%23.75%141.44%
2024-3.34%-1.71%9.68%6.19%14.79%-3.38%-1.65%-0.24%8.46%4.75%-5.97%-5.63%21.41%
2023-0.46%-11.95%15.08%4.03%-6.07%-2.85%9.00%-1.59%-9.08%2.78%10.69%-5.70%0.19%
2022-4.00%8.68%3.25%-8.24%-5.84%-6.37%-0.52%-11.84%6.67%0.76%13.26%10.65%2.95%
20211.99%-1.85%-7.14%5.38%8.62%-6.79%-2.42%-6.14%-8.10%8.70%-4.87%2.43%-11.59%

Benchmark Metrics

Silver has an annualized alpha of 9.03%, beta of 0.13, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 05, 1970.

  • This asset participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (31.31%) than losses (30.30%) - typical of diversified or defensive assets.
  • Beta of 0.13 may look defensive, but with R2 of 0.01 this asset 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 asset's risk.
  • R2 of 0.01 means this asset 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
9.03%
Beta
0.13
0.01
Upside Capture
31.31%
Downside Capture
30.30%

Return for Risk

Risk / Return Rank

SI=F ranks 69 for risk / return — better than 69% of futures on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


SI=F Risk / Return Rank: 6969
Overall Rank
SI=F Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
SI=F Sortino Ratio Rank: 6868
Sortino Ratio Rank
SI=F Omega Ratio Rank: 7272
Omega Ratio Rank
SI=F Calmar Ratio Rank: 7272
Calmar Ratio Rank
SI=F Martin Ratio Rank: 6767
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 Silver (SI=F) and compare them to S&P 500 Index.


SI=FBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.53

2.24

-0.72

Sortino ratio

Return per unit of downside risk

1.92

3.07

-1.16

Omega ratio

Gain probability vs. loss probability

1.32

1.41

-0.08

Calmar ratio

Return relative to maximum drawdown

2.22

2.93

-0.71

Martin ratio

Return relative to average drawdown

4.79

13.52

-8.73

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Silver. 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 Silver was 91.54%, occurring on Feb 22, 1991. Recovery took 5156 trading sessions.

The current Silver drawdown is 34.38%.


Related event

Drawdown

Fall

Recovery

Underwater

1991 bear market1991
-91.54%Feb 1991
11y 1mo20y 1mo
31y 3moJan 1980 - Apr 2011
COVID crash2020
-75.78%Mar 2020
8y 10mo5y 6mo
14y 5moMay 2011 - Oct 2025
2026 bear market2026
-41.21%Mar 2026
1mo 28d
4mo 8dJan 2026 - now
1974 bear market1974
-38.51%Sep 1974
6mo 22d4y 1mo
4y 8moFeb 1974 - Oct 1978
1971 bear market1971
-34.70%Nov 1971
1y 7mo1y 1mo
2y 9moMar 1970 - Dec 1972

Drawdown Indicators


SI=FBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-91.54%

-56.78%

-34.76%

Max Drawdown (1Y)

Largest decline over 1 year

-41.21%

-9.10%

-32.11%

Max Drawdown (3Y)

Largest decline over 3 years

-41.21%

-18.90%

-22.31%

Max Drawdown (5Y)

Largest decline over 5 years

-41.21%

-25.43%

-15.78%

Max Drawdown (10Y)

Largest decline over 10 years

-43.13%

-33.92%

-9.21%

Current Drawdown

Current decline from peak

-34.38%

-0.74%

-33.64%

Average Drawdown

Average peak-to-trough decline

-61.04%

-10.72%

-50.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.84%

1.97%

+18.87%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with SI=F

Add Silver to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with SI=F