COIN vs. SIL
COIN (Coinbase Global, Inc.) is a stock, while SIL (Global X Silver Miners ETF) is Silver fund tracking the Solactive Global Silver Miners Total Return Index. Over the past 5 years, COIN returned -6.53%/yr vs 12.56%/yr for SIL. At a 0.25 correlation, their price movements are largely independent.
Performance
COIN vs. SIL - Performance Comparison
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Returns By Period
In the year-to-date period, COIN achieves a -29.34% return, which is significantly lower than SIL's -2.20% return.
COIN
- 1D
- -0.41%
- 1M
- -18.24%
- YTD
- -29.34%
- 6M
- -40.26%
- 1Y
- -34.17%
- 3Y*
- 45.01%
- 5Y*
- -6.53%
- 10Y*
- —
SIL
- 1D
- 3.27%
- 1M
- -10.83%
- YTD
- -2.20%
- 6M
- 0.10%
- 1Y
- 69.43%
- 3Y*
- 46.50%
- 5Y*
- 12.56%
- 10Y*
- 9.80%
COIN vs. SIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | -29.34% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
SIL Global X Silver Miners ETF | -2.20% | 166.16% | 14.62% | 1.31% | -22.83% | -12.64% |
Correlation
The correlation between COIN and SIL is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.25 |
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Return for Risk
COIN vs. SIL — Risk / Return Rank
COIN
SIL
COIN vs. SIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) and Global X Silver Miners ETF (SIL). 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.
| COIN | SIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.25 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 1.91 | -2.42 |
| Martin ratioReturn relative to average drawdown | -0.82 | 5.09 | -5.92 |
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Drawdowns
COIN vs. SIL - Drawdown Comparison
The maximum COIN drawdown since its inception was -91.46%, which is greater than SIL's maximum drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for COIN and SIL.
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Drawdown Indicators
| COIN | SIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.46% | -82.99% | -8.47% |
Max Drawdown (1Y)Largest decline over 1 year | -66.39% | -37.08% | -29.31% |
Max Drawdown (3Y)Largest decline over 3 years | -66.39% | -37.08% | -29.31% |
Max Drawdown (5Y)Largest decline over 5 years | -90.90% | -52.77% | -38.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.04% | — |
Current DrawdownCurrent decline from peak | -61.94% | -30.80% | -31.14% |
Average DrawdownAverage peak-to-trough decline | -52.60% | -51.40% | -1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.01% | 13.90% | +27.11% |
Volatility
COIN vs. SIL - Volatility Comparison
Coinbase Global, Inc. (COIN) and Global X Silver Miners ETF (SIL) have volatilities of 19.52% and 19.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COIN | SIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.52% | 19.29% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 51.84% | 43.57% | +8.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.66% | 51.69% | +18.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.93% | 39.64% | +46.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.49% | 39.81% | +45.68% |
Dividends
COIN vs. SIL - Dividend Comparison
COIN has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 1.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIL Global X Silver Miners ETF | 1.21% | 1.18% | 2.40% | 0.59% | 0.48% | 1.59% | 1.92% | 1.53% | 1.21% | 0.02% | 3.34% | 0.38% |
Frequently Asked Questions
COIN and SIL have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIN has higher volatility (19.52%) compared to SIL (19.29%). In terms of maximum drawdown, COIN dropped -91.46% vs SIL's -82.99%.
SIL currently has the higher Sharpe Ratio (1.37 vs -0.48), 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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