CGL.TO vs. SVR.TO
Compare and contrast key facts about iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) and iShares Silver Bullion ETF (SVR.TO).
CGL.TO and SVR.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGL.TO is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on May 28, 2009. SVR.TO is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity TR USD. It was launched on Jul 15, 2009. Both CGL.TO and SVR.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CGL.TO vs. SVR.TO - Performance Comparison
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CGL.TO vs. SVR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGL.TO iShares Gold Bullion ETF (CAD-Hedged) | 8.13% | 60.12% | 25.67% | 11.26% | -1.07% | -4.58% | 23.41% | 16.58% | -3.19% | 11.68% |
SVR.TO iShares Silver Bullion ETF | 4.81% | 140.56% | 18.71% | -0.94% | 0.09% | -13.03% | 42.96% | 12.77% | -9.50% | 4.40% |
Returns By Period
In the year-to-date period, CGL.TO achieves a 8.13% return, which is significantly higher than SVR.TO's 4.81% return. Over the past 10 years, CGL.TO has underperformed SVR.TO with an annualized return of 12.77%, while SVR.TO has yielded a comparatively higher 15.05% annualized return.
CGL.TO
- 1D
- 3.91%
- 1M
- -11.27%
- YTD
- 8.13%
- 6M
- 19.83%
- 1Y
- 45.70%
- 3Y*
- 31.08%
- 5Y*
- 20.28%
- 10Y*
- 12.77%
SVR.TO
- 1D
- 7.29%
- 1M
- -19.93%
- YTD
- 4.81%
- 6M
- 56.93%
- 1Y
- 112.62%
- 3Y*
- 43.06%
- 5Y*
- 22.23%
- 10Y*
- 15.05%
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CGL.TO vs. SVR.TO - Expense Ratio Comparison
CGL.TO has a 0.55% expense ratio, which is lower than SVR.TO's 0.66% expense ratio.
Return for Risk
CGL.TO vs. SVR.TO — Risk / Return Rank
CGL.TO
SVR.TO
CGL.TO vs. SVR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) and iShares Silver Bullion ETF (SVR.TO). 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.
| CGL.TO | SVR.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.65 | 2.02 | -0.37 |
Sortino ratioReturn per unit of downside risk | 2.10 | 2.17 | -0.06 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.38 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.64 | -0.17 |
Martin ratioReturn relative to average drawdown | 9.06 | 8.24 | +0.82 |
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
| CGL.TO | SVR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 2.02 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 0.64 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.48 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.28 | +0.23 |
Correlation
The correlation between CGL.TO and SVR.TO is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
CGL.TO vs. SVR.TO - Dividend Comparison
Neither CGL.TO nor SVR.TO has paid dividends to shareholders.
Drawdowns
CGL.TO vs. SVR.TO - Drawdown Comparison
The maximum CGL.TO drawdown since its inception was -44.53%, smaller than the maximum SVR.TO drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for CGL.TO and SVR.TO.
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Drawdown Indicators
| CGL.TO | SVR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.53% | -77.85% | +33.32% |
Max Drawdown (1Y)Largest decline over 1 year | -19.36% | -42.63% | +23.27% |
Max Drawdown (5Y)Largest decline over 5 years | -22.18% | -42.63% | +20.45% |
Max Drawdown (10Y)Largest decline over 10 years | -23.72% | -45.52% | +21.80% |
Current DrawdownCurrent decline from peak | -13.43% | -35.78% | +22.35% |
Average DrawdownAverage peak-to-trough decline | -18.20% | -50.51% | +32.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.29% | 13.68% | -8.39% |
Volatility
CGL.TO vs. SVR.TO - Volatility Comparison
The current volatility for iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) is 11.20%, while iShares Silver Bullion ETF (SVR.TO) has a volatility of 18.29%. This indicates that CGL.TO experiences smaller price fluctuations and is considered to be less risky than SVR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGL.TO | SVR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.20% | 18.29% | -7.09% |
Volatility (6M)Calculated over the trailing 6-month period | 24.10% | 55.46% | -31.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.83% | 55.96% | -28.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.98% | 35.61% | -17.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 32.03% | -15.75% |