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Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) Sharpe Ratio: 1.98

ETF · Currency in GBP · Last updated Jun 5, 2026

SILG.L is a passive ETF by Global X tracking the investment results of the Solactive Global Silver Miners Total Return v2 Index. SILG.L launched on May 4, 2022 and has a 0.65% expense ratio.

SILG.L's Sharpe Ratio of 1.98 indicates that for each unit of volatility, it generates 1.98 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

SILG.L Sharpe Ratio Rank

SILG.L Sharpe Ratio Rank: 60.460
Above Average

SILG.L ranks above 60.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

SILG.L Sharpe Ratio Market Positioning

The chart shows SILG.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.73+
  • Median: 1.70 — half of all investments score higher

How it compares to other similar ETFs

The table compares Global X Silver Miners UCITS ETF USD Accumulating's Sharpe Ratio with other ETFs in the Silver, Commodity Producers Equities, Precious Metals category across multiple time periods, showing how SILG.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
LITU.LGlobal X Lithium & Battery Tech UCITS ETF USD Acc3.93
REGB.LVanEck Rare Earth and Strategic Metals UCITS ETF A3.58
COPG.LGlobal X Copper Miners UCITS ETF USD Acc3.14
WREE.LWisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD Acc3.03
COPP.LSprott Pure Play Copper Miners UCITS ETF2.95
PHSP.LWisdomTree Physical Silver2.12
SSLN.LiShares Physical Silver ETC2.11
XSLR.LXtrackers IE Physical Silver ETC Securities2.02
SSLV.LInvesco Physical Silver ETC1.99
ISLN.LiShares Physical Silver ETC1.99
SILG.LGlobal X Silver Miners UCITS ETF USD Accumulating1.98

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SILG.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SILG.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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