BORR vs. SLV
BORR (Borr Drilling Ltd) is a stock, while SLV (iShares Silver Trust) is Silver fund tracking the LBMA Silver Price. Over the past 5 years, BORR returned 22.23%/yr vs 21.04%/yr for SLV. At a 0.17 correlation, their price movements are largely independent.
Performance
BORR vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, BORR achieves a 25.31% return, which is significantly higher than SLV's 3.97% return.
BORR
- 1D
- -0.20%
- 1M
- -14.70%
- YTD
- 25.31%
- 6M
- 34.31%
- 1Y
- 174.46%
- 3Y*
- -10.67%
- 5Y*
- 22.23%
- 10Y*
- —
SLV
- 1D
- 1.16%
- 1M
- 1.62%
- YTD
- 3.97%
- 6M
- 29.40%
- 1Y
- 113.72%
- 3Y*
- 45.73%
- 5Y*
- 21.04%
- 10Y*
- 15.63%
BORR vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BORR Borr Drilling Ltd | 25.31% | 4.15% | -44.49% | 48.09% | 141.26% | 26.50% | -91.00% | -26.12% | -54.21% |
SLV iShares Silver Trust | 3.97% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -6.80% |
Correlation
The correlation between BORR and SLV is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 23, 2018 | 0.17 |
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Return for Risk
BORR vs. SLV — Risk / Return Rank
BORR
SLV
BORR vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Borr Drilling Ltd (BORR) and iShares Silver Trust (SLV). 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.
| BORR | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 7.25 | 2.69 | +4.56 |
| Martin ratioReturn relative to average drawdown | 18.83 | 5.76 | +13.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BORR | SLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | 1.94 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.58 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.25 | -0.48 |
Drawdowns
BORR vs. SLV - Drawdown Comparison
The maximum BORR drawdown since its inception was -99.07%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for BORR and SLV.
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Drawdown Indicators
| BORR | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -76.28% | -22.79% |
Max Drawdown (1Y)Largest decline over 1 year | -24.21% | -42.45% | +18.24% |
Max Drawdown (3Y)Largest decline over 3 years | -80.90% | -42.45% | -38.45% |
Max Drawdown (5Y)Largest decline over 5 years | -80.90% | -42.45% | -38.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.81% | — |
Current DrawdownCurrent decline from peak | -90.03% | -36.57% | -53.46% |
Average DrawdownAverage peak-to-trough decline | -88.83% | -44.67% | -44.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.31% | 19.81% | -10.50% |
Volatility
BORR vs. SLV - Volatility Comparison
Borr Drilling Ltd (BORR) has a higher volatility of 17.91% compared to iShares Silver Trust (SLV) at 16.34%. This indicates that BORR's price experiences larger fluctuations and is considered to be riskier than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BORR | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.91% | 16.34% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 38.67% | 58.31% | -19.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.88% | 58.90% | +2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.13% | 36.15% | +35.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.84% | 31.83% | +87.01% |
Dividends
BORR vs. SLV - Dividend Comparison
Neither BORR nor SLV has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BORR Borr Drilling Ltd | 0.00% | 0.50% | 7.69% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BORR and SLV have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BORR has higher volatility (17.91%) compared to SLV (16.34%). In terms of maximum drawdown, BORR dropped -99.07% vs SLV's -76.28%.
BORR currently has the higher Sharpe Ratio (2.84 vs 1.94), 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.
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