ECL vs. SLV
ECL (Ecolab Inc.) is a stock, while SLV (iShares Silver Trust) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, ECL returned 8.96%/yr vs 15.63%/yr for SLV. At a 0.14 correlation, their price movements are largely independent.
Performance
ECL vs. SLV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ECL achieves a -2.86% return, which is significantly lower than SLV's 3.97% return. Over the past 10 years, ECL has underperformed SLV with an annualized return of 8.96%, while SLV has yielded a comparatively higher 15.63% annualized return.
ECL
- 1D
- -0.52%
- 1M
- -1.29%
- YTD
- -2.86%
- 6M
- -3.29%
- 1Y
- -3.77%
- 3Y*
- 14.82%
- 5Y*
- 4.52%
- 10Y*
- 8.96%
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%
ECL vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ECL Ecolab Inc. | -2.86% | 13.19% | 19.29% | 37.94% | -37.10% | 9.38% | 13.17% | 32.26% | 11.07% | 15.80% |
SLV iShares Silver Trust | 3.97% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between ECL and SLV is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since May 1, 2006 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ECL vs. SLV — Risk / Return Rank
ECL
SLV
ECL vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecolab Inc. (ECL) 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.
| ECL | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.36 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 2.69 | -2.88 |
| Martin ratioReturn relative to average drawdown | -0.45 | 5.76 | -6.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ECL | SLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 1.94 | -2.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.58 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.49 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.25 | +0.30 |
Drawdowns
ECL vs. SLV - Drawdown Comparison
The maximum ECL drawdown since its inception was -47.19%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for ECL and SLV.
Loading charts...
Drawdown Indicators
| ECL | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.19% | -76.28% | +29.09% |
Max Drawdown (1Y)Largest decline over 1 year | -20.09% | -42.45% | +22.36% |
Max Drawdown (3Y)Largest decline over 3 years | -20.09% | -42.45% | +22.36% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | -42.45% | -1.25% |
Max Drawdown (10Y)Largest decline over 10 years | -43.70% | -42.81% | -0.89% |
Current DrawdownCurrent decline from peak | -17.30% | -36.57% | +19.27% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -44.67% | +36.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 19.81% | -11.36% |
Volatility
ECL vs. SLV - Volatility Comparison
The current volatility for Ecolab Inc. (ECL) is 6.90%, while iShares Silver Trust (SLV) has a volatility of 16.34%. This indicates that ECL experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ECL | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.90% | 16.34% | -9.44% |
Volatility (6M)Calculated over the trailing 6-month period | 15.58% | 58.31% | -42.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.46% | 58.90% | -38.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.81% | 36.15% | -12.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.98% | 31.83% | -6.85% |
Dividends
ECL vs. SLV - Dividend Comparison
ECL's dividend yield for the trailing twelve months is around 1.09%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECL Ecolab Inc. | 1.09% | 1.02% | 1.01% | 1.09% | 1.42% | 0.83% | 0.87% | 0.96% | 1.15% | 1.13% | 1.21% | 1.17% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ECL and SLV have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (16.34%) compared to ECL (6.90%). In terms of maximum drawdown, ECL dropped -47.19% vs SLV's -76.28%.
SLV currently has the higher Sharpe Ratio (1.94 vs -0.19), 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.
Find the right allocation for ECL and SLV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer