DV.V vs. PAAS.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Dolly Varden Silver Corp (DV.V) and Pan American Silver Corp. (PAAS.TO).

Performance

DV.V vs. PAAS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Dolly Varden Silver Corp (DV.V) and Pan American Silver Corp. (PAAS.TO). The values are adjusted to include any dividend payments, if applicable.

DV.V vs. PAAS.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DV.V Dolly Varden Silver Corp	-38.00%	56.25%	10.34%	-3.33%	42.86%	-31.52%	187.50%	-34.69%	-30.99%	18.33%
PAAS.TO Pan American Silver Corp.	7.22%	148.70%	37.51%	0.37%	-28.31%	-27.25%	43.89%	55.86%	2.74%	-2.74%

Fundamentals

Market Cap DV.V : CA$326.52M PAAS.TO : CA$32.13B
EPS DV.V : -CA$0.37 PAAS.TO : CA$2.54
PB Ratio DV.V : 2.47 PAAS.TO : 4.60
Total Revenue (TTM) DV.V : CA$0.00 PAAS.TO : CA$3.64B
Gross Profit (TTM) DV.V : -CA$36.56K PAAS.TO : CA$1.40B
EBITDA (TTM) DV.V : -CA$34.14M PAAS.TO : CA$1.71B

Returns By Period

In the year-to-date period, DV.V achieves a -38.00% return, which is significantly lower than PAAS.TO's 7.22% return. Over the past 10 years, DV.V has underperformed PAAS.TO with an annualized return of 18.52%, while PAAS.TO has yielded a comparatively higher 19.87% annualized return.

DV.V

• 1D: -2.11%
• 1M: -45.77%
• YTD: -38.00%
• 6M: -46.78%
• 1Y: -10.58%
• 3Y*: -1.39%
• 5Y*: 7.43%
• 10Y*: 18.52%

PAAS.TO

• 1D: 6.70%
• 1M: -18.46%
• YTD: 7.22%
• 6M: 42.02%
• 1Y: 107.75%
• 3Y*: 48.54%
• 5Y*: 16.42%
• 10Y*: 19.87%

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

Return for Risk

DV.V vs. PAAS.TO — Risk / Return Rank

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

DV.V

DV.V Risk / Return Rank: 32
DV.V Sharpe Ratio Rank: 31
DV.V Sortino Ratio Rank: 33
DV.V Omega Ratio Rank: 32
DV.V Calmar Ratio Rank: 34
DV.V Martin Ratio Rank: 29

PAAS.TO

PAAS.TO Risk / Return Rank: 88
PAAS.TO Sharpe Ratio Rank: 90
PAAS.TO Sortino Ratio Rank: 83
PAAS.TO Omega Ratio Rank: 85
PAAS.TO Calmar Ratio Rank: 88
PAAS.TO Martin Ratio Rank: 91

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.

DV.V vs. PAAS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dolly Varden Silver Corp (DV.V) and Pan American Silver Corp. (PAAS.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.

	DV.V	PAAS.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.21	1.94	-2.15
Sortino ratio Return per unit of downside risk	0.14	2.29	-2.15
Omega ratio Gain probability vs. loss probability	1.02	1.33	-0.32
Calmar ratio Return relative to maximum drawdown	-0.22	3.48	-3.70
Martin ratio Return relative to average drawdown	-0.70	11.16	-11.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DV.V vs. PAAS.TO - Sharpe Ratio Comparison

The current DV.V Sharpe Ratio is -0.21, which is lower than the PAAS.TO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of DV.V and PAAS.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DV.V	PAAS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	1.94	-2.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.36	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.42	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.20	-0.31

Correlation

The correlation between DV.V and PAAS.TO is 0.29, 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.

Dividends

DV.V vs. PAAS.TO - Dividend Comparison

DV.V has not paid dividends to shareholders, while PAAS.TO's dividend yield for the trailing twelve months is around 0.98%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DV.V Dolly Varden Silver Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PAAS.TO Pan American Silver Corp.	0.98%	0.91%	1.89%	2.51%	2.63%	1.35%	0.67%	0.60%	0.91%	0.67%	0.33%	3.86%

Drawdowns

DV.V vs. PAAS.TO - Drawdown Comparison

The maximum DV.V drawdown since its inception was -97.76%, roughly equal to the maximum PAAS.TO drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for DV.V and PAAS.TO.

Drawdown Indicators

	DV.V	PAAS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-97.76%	-96.25%	-1.51%
Max Drawdown (1Y) Largest decline over 1 year	-52.43%	-31.01%	-21.42%
Max Drawdown (5Y) Largest decline over 5 years	-59.09%	-59.50%	+0.41%
Max Drawdown (10Y) Largest decline over 10 years	-82.08%	-65.97%	-16.11%
Current Drawdown Current decline from peak	-81.02%	-18.46%	-62.56%
Average Drawdown Average peak-to-trough decline	-82.06%	-38.67%	-43.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.35%	9.67%	+6.68%

Volatility

DV.V vs. PAAS.TO - Volatility Comparison

Dolly Varden Silver Corp (DV.V) and Pan American Silver Corp. (PAAS.TO) have volatilities of 18.86% and 18.46%, 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.

Volatility by Period

	DV.V	PAAS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.86%	18.46%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	50.99%	43.47%	+7.52%
Volatility (1Y) Calculated over the trailing 1-year period	65.71%	55.83%	+9.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.50%	45.39%	+26.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.90%	47.50%	+35.40%

Financials