EDEN vs. SLV
EDEN (iShares MSCI Denmark ETF) and SLV (iShares Silver Trust) are both exchange-traded funds - EDEN is a Europe Equities fund tracking the MSCI Denmark IMI 25/50 Index, while SLV is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past 10 years, EDEN returned 9.31%/yr vs 11.85%/yr for SLV. At a 0.23 correlation, their price movements are largely independent. EDEN charges 0.53%/yr vs 0.50%/yr for SLV.
Performance
EDEN vs. SLV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDEN achieves a -3.52% return, which is significantly higher than SLV's -19.62% return. Over the past 10 years, EDEN has underperformed SLV with an annualized return of 9.31%, while SLV has yielded a comparatively higher 11.85% annualized return.
EDEN
- 1D
- -0.07%
- 1M
- -1.82%
- YTD
- -3.52%
- 6M
- -4.86%
- 1Y
- -1.96%
- 3Y*
- 3.17%
- 5Y*
- 1.99%
- 10Y*
- 9.31%
SLV
- 1D
- -7.09%
- 1M
- -24.25%
- YTD
- -19.62%
- 6M
- -20.61%
- 1Y
- 58.79%
- 3Y*
- 36.01%
- 5Y*
- 16.45%
- 10Y*
- 11.85%
EDEN vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | -3.52% | 10.58% | -3.94% | 17.99% | -11.47% | 14.81% | 42.56% | 24.37% | -14.43% | 35.39% |
SLV iShares Silver Trust | -19.62% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between EDEN and SLV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | 0.23 |
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
EDEN vs. SLV — Risk / Return Rank
EDEN
SLV
EDEN vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) 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.
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.
| EDEN | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.22 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 1.16 | -1.25 |
| Martin ratioReturn relative to average drawdown | -0.20 | 2.66 | -2.86 |
Loading charts...
Drawdowns
EDEN vs. SLV - Drawdown Comparison
The maximum EDEN drawdown since its inception was -36.61%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for EDEN and SLV.
Loading charts...
Drawdown Indicators
| EDEN | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.61% | -76.28% | +39.67% |
Max Drawdown (1Y)Largest decline over 1 year | -21.17% | -50.97% | +29.80% |
Max Drawdown (3Y)Largest decline over 3 years | -29.31% | -50.97% | +21.66% |
Max Drawdown (5Y)Largest decline over 5 years | -36.61% | -50.97% | +14.36% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -50.97% | +14.36% |
Current DrawdownCurrent decline from peak | -13.97% | -50.97% | +37.00% |
Average DrawdownAverage peak-to-trough decline | -7.39% | -44.66% | +37.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.84% | 22.14% | -12.30% |
Volatility
EDEN vs. SLV - Volatility Comparison
The current volatility for iShares MSCI Denmark ETF (EDEN) is 4.76%, while iShares Silver Trust (SLV) has a volatility of 15.67%. This indicates that EDEN 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
| EDEN | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.76% | 15.67% | -10.91% |
Volatility (6M)Calculated over the trailing 6-month period | 15.71% | 59.65% | -43.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.66% | 60.78% | -40.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.27% | 36.73% | -16.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.22% | 32.16% | -12.94% |
EDEN vs. SLV - Expense Ratio Comparison
EDEN has a 0.53% expense ratio, which is higher than SLV's 0.50% expense ratio.
Dividends
EDEN vs. SLV - Dividend Comparison
EDEN's dividend yield for the trailing twelve months is around 3.17%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDEN iShares MSCI Denmark ETF | 3.17% | 2.79% | 1.50% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% |
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
EDEN and SLV have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (15.67%) compared to EDEN (4.76%). In terms of maximum drawdown, EDEN dropped -36.61% vs SLV's -76.28%.
On 10-year performance, SLV leads with 11.85% vs 9.31% for EDEN. On fees, SLV is cheaper at 0.50% per year. On volatility, EDEN has been the lower-risk option at 4.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLV has performed better with a 11.85% return vs 9.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLV is cheaper with a 0.50% expense ratio, compared with 0.53% for EDEN.
EDEN has the higher dividend yield at 3.17%, compared with 0.00% for SLV.
EDEN is categorized as Europe Equities, while SLV is Silver. EDEN tracks MSCI Denmark IMI 25/50 Index, while SLV tracks LBMA Silver Price. Their fees differ too: 0.53% for EDEN and 0.50% for SLV.
SLV currently has the higher Sharpe Ratio (0.97 vs -0.10), 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 EDEN 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