ASM.TO vs. SLVP

Last updated Jun 4, 2026

ASM.TO (Avino Silver & Gold Mines Ltd.) is a stock, while SLVP (iShares MSCI Global Silver and Metals Miners ETF) is Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index. Over the past 10 years, ASM.TO returned 17.24%/yr vs 14.49%/yr for SLVP. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

ASM.TO vs. SLVP - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avino Silver & Gold Mines Ltd. (ASM.TO) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ASM.TO achieves a 10.89% return, which is significantly higher than SLVP's 3.55% return. Over the past 10 years, ASM.TO has outperformed SLVP with an annualized return of 17.24%, while SLVP has yielded a comparatively lower 14.49% annualized return.

ASM.TO

• 1D: -7.88%
• 1M: 9.86%
• YTD: 10.89%
• 6M: 21.41%
• 1Y: 99.79%
• 3Y*: 113.73%
• 5Y*: 43.62%
• 10Y*: 17.24%

SLVP

• 1D: -4.75%
• 1M: 3.44%
• YTD: 3.55%
• 6M: 12.65%
• 1Y: 114.80%
• 3Y*: 53.84%
• 5Y*: 19.28%
• 10Y*: 14.49%

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

ASM.TO vs. SLVP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASM.TO Avino Silver & Gold Mines Ltd.	10.89%	577.78%	82.61%	-25.00%	-17.12%	-32.73%	120.00%	-10.71%	-51.16%	-6.01%
SLVP iShares MSCI Global Silver and Metals Miners ETF	3.55%	188.95%	24.31%	-4.46%	-12.22%	-24.22%	53.80%	30.94%	-15.49%	-2.13%

Correlation

The correlation between ASM.TO and SLVP is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Feb 3, 2012	0.55

The correlation between ASM.TO and SLVP shifts across timeframes, from 0.55 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

ASM.TO vs. SLVP — Risk / Return Rank

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

ASM.TO

ASM.TO Risk / Return Rank: 73
ASM.TO Sharpe Ratio Rank: 77
ASM.TO Sortino Ratio Rank: 73
ASM.TO Omega Ratio Rank: 72
ASM.TO Calmar Ratio Rank: 73
ASM.TO Martin Ratio Rank: 72

SLVP

SLVP Risk / Return Rank: 55
SLVP Sharpe Ratio Rank: 62
SLVP Sortino Ratio Rank: 48
SLVP Omega Ratio Rank: 51
SLVP Calmar Ratio Rank: 66
SLVP Martin Ratio Rank: 50

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.

ASM.TO vs. SLVP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM.TO) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). 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.

	ASM.TO	SLVP	Difference
Sharpe ratio Return per unit of total volatility	1.26	2.23	-0.97
Sortino ratio Return per unit of downside risk	1.91	2.49	-0.58
Omega ratio Gain probability vs. loss probability	1.24	1.34	-0.10
Calmar ratio Return relative to maximum drawdown	1.93	3.48	-1.55
Martin ratio Return relative to average drawdown	4.36	8.92	-4.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASM.TO vs. SLVP - Sharpe Ratio Comparison

The current ASM.TO Sharpe Ratio is 1.26, which is lower than the SLVP Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of ASM.TO and SLVP, 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

	ASM.TO	SLVP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	2.23	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.48	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.36	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.16	-0.12

Drawdowns

ASM.TO vs. SLVP - Drawdown Comparison

The maximum ASM.TO drawdown since its inception was -95.61%, which is greater than SLVP's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for ASM.TO and SLVP.

Drawdown Indicators

	ASM.TO	SLVP	Difference
Max Drawdown Largest peak-to-trough decline	-95.61%	-71.54%	-24.07%
Max Drawdown (1Y) Largest decline over 1 year	-52.03%	-33.18%	-18.85%
Max Drawdown (3Y) Largest decline over 3 years	-52.03%	-33.18%	-18.85%
Max Drawdown (5Y) Largest decline over 5 years	-63.58%	-48.96%	-14.62%
Max Drawdown (10Y) Largest decline over 10 years	-89.69%	-59.38%	-30.31%
Current Drawdown Current decline from peak	-37.94%	-24.85%	-13.09%
Average Drawdown Average peak-to-trough decline	-65.15%	-36.03%	-29.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.99%	12.92%	+10.07%

Volatility

ASM.TO vs. SLVP - Volatility Comparison

Avino Silver & Gold Mines Ltd. (ASM.TO) has a higher volatility of 23.51% compared to iShares MSCI Global Silver and Metals Miners ETF (SLVP) at 17.41%. This indicates that ASM.TO's price experiences larger fluctuations and is considered to be riskier than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASM.TO	SLVP	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.51%	17.41%	+6.10%
Volatility (6M) Calculated over the trailing 6-month period	62.18%	42.05%	+20.13%
Volatility (1Y) Calculated over the trailing 1-year period	79.71%	51.89%	+27.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.78%	40.26%	+26.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.38%	40.24%	+29.14%

Dividends

ASM.TO vs. SLVP - Dividend Comparison

ASM.TO has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 1.74%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASM.TO Avino Silver & Gold Mines 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%
SLVP iShares MSCI Global Silver and Metals Miners ETF	1.74%	1.78%	1.05%	0.88%	0.63%	1.63%	2.39%	2.03%	1.28%	0.85%	2.32%	0.72%

Frequently Asked Questions

Can I hold both ASM.TO and SLVP in my portfolio?

ASM.TO and SLVP have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.