AGMI vs. IVVD
AGMI (Themes Silver Miners ETF) is Silver fund tracking the STOXX Global Silver Mining Index, while IVVD (Invivyd Inc.) is a stock. Over the past year, AGMI returned 69.37% vs -8.32% for IVVD. At a 0.14 correlation, their price movements are largely independent.
Performance
AGMI vs. IVVD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGMI achieves a -10.56% return, which is significantly higher than IVVD's -72.26% return.
AGMI
- 1D
- 0.02%
- 1M
- -13.24%
- 6M
- -23.28%
- YTD
- -10.56%
- 1Y
- 69.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 49.98%
IVVD
- 1D
- -7.70%
- 1M
- -29.34%
- 6M
- -72.03%
- YTD
- -72.26%
- 1Y
- -8.32%
- 3Y*
- -22.28%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -49.89%
AGMI vs. IVVD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AGMI Themes Silver Miners ETF | -10.56% | 176.11% | -0.74% |
IVVD Invivyd Inc. | -72.26% | 457.44% | -81.30% |
Correlation
The correlation between AGMI and IVVD is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since May 3, 2024 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AGMI vs. IVVD — Risk / Return Rank
AGMI
IVVD
AGMI vs. IVVD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Silver Miners ETF (AGMI) and Invivyd Inc. (IVVD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGMI | IVVD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.12 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | -0.11 | +2.06 |
| Martin ratioReturn relative to average drawdown | 4.27 | -0.21 | +4.48 |
Loading charts...
Drawdowns
AGMI vs. IVVD - Drawdown Comparison
The maximum AGMI drawdown since its inception was -35.67%, smaller than the maximum IVVD drawdown of -99.36%. Use the drawdown chart below to compare losses from any high point for AGMI and IVVD.
Loading charts...
Drawdown Indicators
| AGMI | IVVD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.67% | -99.36% | +63.69% |
Max Drawdown (1Y)Largest decline over 1 year | -35.67% | -76.20% | +40.53% |
Max Drawdown (3Y)Largest decline over 3 years | — | -92.90% | — |
Current DrawdownCurrent decline from peak | -35.46% | -98.78% | +63.32% |
Average DrawdownAverage peak-to-trough decline | -10.32% | -91.23% | +80.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.31% | 39.32% | -23.01% |
Volatility
AGMI vs. IVVD - Volatility Comparison
The current volatility for Themes Silver Miners ETF (AGMI) is 12.34%, while Invivyd Inc. (IVVD) has a volatility of 26.34%. This indicates that AGMI experiences smaller price fluctuations and is considered to be less risky than IVVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGMI | IVVD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.34% | 26.34% | -14.00% |
Volatility (6M)Calculated over the trailing 6-month period | 43.52% | 67.52% | -24.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.49% | 141.88% | -89.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.89% | 177.45% | -132.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.89% | 177.45% | -132.56% |
Dividends
AGMI vs. IVVD - Dividend Comparison
AGMI's dividend yield for the trailing twelve months is around 4.95%, while IVVD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AGMI Themes Silver Miners ETF | 4.95% | 4.43% | 1.81% |
IVVD Invivyd Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AGMI and IVVD have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVVD has higher volatility (26.34%) compared to AGMI (12.34%). In terms of maximum drawdown, AGMI dropped -35.67% vs IVVD's -99.36%.
AGMI currently has the higher Sharpe Ratio (1.33 vs -0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AGMI and IVVD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer