1208.HK vs. SILJ

Last updated Jun 5, 2026

1208.HK (MMG Ltd) is a stock, while SILJ (Amplify Junior Silver Miners ETF) is Silver fund tracking the Nasdaq Junior Silver Miners Index. Over the past 10 years, 1208.HK returned 19.45%/yr vs 8.88%/yr for SILJ. At a 0.11 correlation, their price movements are largely independent.

Performance

1208.HK vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in MMG Ltd (1208.HK) and Amplify Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1208.HK is traded in HKD, while SILJ is traded in USD. To make them comparable, the SILJ values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1208.HK achieves a 5.59% return, which is significantly higher than SILJ's -4.11% return. Over the past 10 years, 1208.HK has outperformed SILJ with an annualized return of 19.45%, while SILJ has yielded a comparatively lower 8.88% annualized return.

1208.HK

• 1D: -5.32%
• 1M: 5.95%
• YTD: 5.59%
• 6M: 9.33%
• 1Y: 196.79%
• 3Y*: 58.52%
• 5Y*: 20.09%
• 10Y*: 19.45%

SILJ

• 1D: -11.01%
• 1M: -15.09%
• YTD: -4.11%
• 6M: 5.33%
• 1Y: 76.29%
• 3Y*: 42.13%
• 5Y*: 10.83%
• 10Y*: 8.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

1208.HK vs. SILJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1208.HK MMG Ltd	5.59%	242.58%	17.76%	15.50%	-20.00%	-25.82%	44.02%	-30.56%	-13.14%	94.97%
SILJ Amplify Junior Silver Miners ETF	-4.11%	184.44%	5.84%	-5.22%	-15.28%	-22.79%	32.40%	56.24%	-27.79%	-4.93%

Correlation

The correlation between 1208.HK and SILJ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 30, 2012	0.11

The correlation between 1208.HK and SILJ shifts across timeframes, from 0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

1208.HK vs. SILJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

1208.HK

1208.HK Risk / Return Rank: 92
1208.HK Sharpe Ratio Rank: 96
1208.HK Sortino Ratio Rank: 92
1208.HK Omega Ratio Rank: 89
1208.HK Calmar Ratio Rank: 92
1208.HK Martin Ratio Rank: 92

SILJ

SILJ Risk / Return Rank: 39
SILJ Sharpe Ratio Rank: 40
SILJ Sortino Ratio Rank: 35
SILJ Omega Ratio Rank: 39
SILJ Calmar Ratio Rank: 46
SILJ Martin Ratio Rank: 36

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.

1208.HK vs. SILJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MMG Ltd (1208.HK) and Amplify Junior Silver Miners ETF (SILJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	1208.HK	SILJ	Difference
Sharpe ratio: Return per unit of total volatility	3.38	1.37	+2.01
Sortino ratio: Return per unit of downside risk	3.51	1.81	+1.70
Omega ratio: Gain probability vs. loss probability	1.42	1.25	+0.17
Calmar ratio: Return relative to maximum drawdown	5.32	2.21	+3.11
Martin ratio: Return relative to average drawdown	14.84	5.36	+9.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1208.HK vs. SILJ - Sharpe Ratio Comparison

The current 1208.HK Sharpe Ratio is 3.38, which is higher than the SILJ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of 1208.HK and SILJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	1208.HK	SILJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.38	1.37	+2.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.24	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.19	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.07	-0.06

Drawdowns

1208.HK vs. SILJ - Drawdown Comparison

The maximum 1208.HK drawdown since its inception was -97.66%, which is greater than SILJ's maximum drawdown of -78.88%. Use the drawdown chart below to compare losses from any high point for 1208.HK and SILJ.

Drawdown Indicators

	1208.HK	SILJ	Difference
Max Drawdown Largest peak-to-trough decline	-97.66%	-78.88%	-18.78%
Max Drawdown (1Y) Largest decline over 1 year	-37.38%	-34.63%	-2.75%
Max Drawdown (3Y) Largest decline over 3 years	-51.86%	-34.63%	-17.23%
Max Drawdown (5Y) Largest decline over 5 years	-62.92%	-55.09%	-7.83%
Max Drawdown (10Y) Largest decline over 10 years	-83.72%	-70.01%	-13.71%
Current Drawdown Current decline from peak	-59.57%	-34.50%	-25.07%
Average Drawdown Average peak-to-trough decline	-81.42%	-41.20%	-40.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.24%	14.27%	-1.03%

Volatility

1208.HK vs. SILJ - Volatility Comparison

MMG Ltd (1208.HK) and Amplify Junior Silver Miners ETF (SILJ) have volatilities of 19.77% and 20.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1208.HK	SILJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.77%	20.04%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	44.70%	46.76%	-2.06%
Volatility (1Y) Calculated over the trailing 1-year period	58.85%	56.10%	+2.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.79%	44.56%	+15.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.74%	46.32%	+15.42%

Dividends

1208.HK vs. SILJ - Dividend Comparison

1208.HK has not paid dividends to shareholders, while SILJ's dividend yield for the trailing twelve months is around 2.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1208.HK MMG Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SILJ Amplify Junior Silver Miners ETF	2.10%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both 1208.HK and SILJ in my portfolio?

1208.HK and SILJ have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.