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BSM vs. SILJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSM and SILJ is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

BSM vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Black Stone Minerals, L.P. (BSM) and ETFMG Prime Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BSM:

-0.11

SILJ:

0.15

Sortino Ratio

BSM:

-0.13

SILJ:

0.54

Omega Ratio

BSM:

0.98

SILJ:

1.06

Calmar Ratio

BSM:

-0.27

SILJ:

0.15

Martin Ratio

BSM:

-0.79

SILJ:

0.45

Ulcer Index

BSM:

5.58%

SILJ:

15.64%

Daily Std Dev

BSM:

22.27%

SILJ:

43.49%

Max Drawdown

BSM:

-75.58%

SILJ:

-79.05%

Current Drawdown

BSM:

-9.64%

SILJ:

-34.58%

Returns By Period

In the year-to-date period, BSM achieves a -0.26% return, which is significantly lower than SILJ's 19.34% return. Over the past 10 years, BSM has outperformed SILJ with an annualized return of 6.90%, while SILJ has yielded a comparatively lower 5.45% annualized return.


BSM

YTD

-0.26%

1M

1.58%

6M

-3.88%

1Y

-2.51%

5Y*

29.84%

10Y*

6.90%

SILJ

YTD

19.34%

1M

-6.25%

6M

8.06%

1Y

6.34%

5Y*

3.84%

10Y*

5.45%

*Annualized

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Risk-Adjusted Performance

BSM vs. SILJ — Risk-Adjusted Performance Rank

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

BSM
The Risk-Adjusted Performance Rank of BSM is 3535
Overall Rank
The Sharpe Ratio Rank of BSM is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of BSM is 3232
Sortino Ratio Rank
The Omega Ratio Rank of BSM is 3131
Omega Ratio Rank
The Calmar Ratio Rank of BSM is 3333
Calmar Ratio Rank
The Martin Ratio Rank of BSM is 3333
Martin Ratio Rank

SILJ
The Risk-Adjusted Performance Rank of SILJ is 2525
Overall Rank
The Sharpe Ratio Rank of SILJ is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of SILJ is 3030
Sortino Ratio Rank
The Omega Ratio Rank of SILJ is 2727
Omega Ratio Rank
The Calmar Ratio Rank of SILJ is 2525
Calmar Ratio Rank
The Martin Ratio Rank of SILJ is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSM vs. SILJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Black Stone Minerals, L.P. (BSM) and ETFMG Prime 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.


The current BSM Sharpe Ratio is -0.11, which is lower than the SILJ Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of BSM and SILJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BSM vs. SILJ - Dividend Comparison

BSM's dividend yield for the trailing twelve months is around 10.86%, more than SILJ's 6.08% yield.


TTM2024202320222021202020192018201720162015
BSM
Black Stone Minerals, L.P.
10.86%10.96%11.90%9.13%7.74%10.18%11.64%8.61%6.69%5.86%2.94%
SILJ
ETFMG Prime Junior Silver Miners ETF
6.08%7.26%0.01%0.05%0.36%1.23%1.45%1.66%0.00%0.52%2.46%

Drawdowns

BSM vs. SILJ - Drawdown Comparison

The maximum BSM drawdown since its inception was -75.58%, roughly equal to the maximum SILJ drawdown of -79.05%. Use the drawdown chart below to compare losses from any high point for BSM and SILJ. For additional features, visit the drawdowns tool.


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Volatility

BSM vs. SILJ - Volatility Comparison

The current volatility for Black Stone Minerals, L.P. (BSM) is 7.35%, while ETFMG Prime Junior Silver Miners ETF (SILJ) has a volatility of 11.52%. This indicates that BSM experiences smaller price fluctuations and is considered to be less risky than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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