FMST vs. SIL

Last updated Aug 1, 2026

FMST (Foremost Lithium Resource & Technology Ltd. Common stock) 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 year, FMST returned -43.44% vs 56.89% for SIL. Their 0.24 correlation means their historical movements had little consistent relationship.

Performance

FMST vs. SIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Foremost Lithium Resource & Technology Ltd. Common stock (FMST) and Global X Silver Miners ETF (SIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMST achieves a -34.91% return, which is significantly lower than SIL's -11.58% return.

FMST

• 1D: -4.17%
• 1M: -8.61%
• 6M: -27.75%
• YTD: -34.91%
• 1Y: -43.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -7.08%

SIL

• 1D: -3.20%
• 1M: -8.04%
• 6M: -21.68%
• YTD: -11.58%
• 1Y: 56.89%
• 3Y*: 42.08%
• 5Y*: 13.15%
• 10Y*: 5.01%
• ALL TIME*: 4.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FMST Foremost Lithium Resource & Technology Ltd. Common stock	$265.34K	$335.49K	$215.67K
SIL Global X Silver Miners ETF	$67.23M	$68.26M	$119.44M

FMST vs. SIL - Yearly Performance Comparison

	2026 (YTD)	2025
FMST Foremost Lithium Resource & Technology Ltd. Common stock	-34.91%	37.66%
SIL Global X Silver Miners ETF	-11.58%	139.75%

Correlation

The correlation between FMST and SIL is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025	0.24

The correlation between FMST and SIL shifts across timeframes, from 0.24 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FMST vs. SIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FMST

FMST Risk / Return Rank: 23
FMST Sharpe Ratio Rank: 22
FMST Sortino Ratio Rank: 26
FMST Omega Ratio Rank: 27
FMST Calmar Ratio Rank: 18
FMST Martin Ratio Rank: 22

SIL

SIL Risk / Return Rank: 41
SIL Sharpe Ratio Rank: 44
SIL Sortino Ratio Rank: 43
SIL Omega Ratio Rank: 45
SIL Calmar Ratio Rank: 41
SIL Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FMST vs. SIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Foremost Lithium Resource & Technology Ltd. Common stock (FMST) 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.

	FMST	SIL	Difference
Sharpe ratio: Return per unit of total volatility	-0.49	1.09	-1.57
Sortino ratio: Return per unit of downside risk	-0.30	1.56	-1.85
Omega ratio: Gain probability vs. loss probability	0.97	1.21	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.69	1.47	-2.16
Martin ratio: Return relative to average drawdown	-1.01	3.10	-4.10

FMST vs. SIL - Sharpe Ratio Comparison

The current FMST Sharpe Ratio is -0.49, which is lower than the SIL Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of FMST and SIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FMST vs. SIL - Drawdown Comparison

The maximum FMST drawdown since its inception was -74.63%, smaller than the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for FMST and SIL.

Drawdown Indicators

	FMST	SIL	Difference
Max Drawdown Largest peak-to-trough decline	-74.63%	-82.99%	+8.36%
Max Drawdown (1Y) Largest decline over 1 year	-68.02%	-39.41%	-28.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-39.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-48.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.04%	—
Current Drawdown Current decline from peak	-74.54%	-37.43%	-37.11%
Average Drawdown Average peak-to-trough decline	-50.74%	-51.27%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.52%	18.68%	+27.84%

Volatility

FMST vs. SIL - Volatility Comparison

Foremost Lithium Resource & Technology Ltd. Common stock (FMST) has a higher volatility of 34.12% compared to Global X Silver Miners ETF (SIL) at 13.26%. This indicates that FMST's price experiences larger fluctuations and is considered to be riskier than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMST	SIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.12%	13.26%	+20.86%
Volatility (6M) Calculated over the trailing 6-month period	64.41%	43.94%	+20.47%
Volatility (1Y) Calculated over the trailing 1-year period	97.03%	53.41%	+43.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	119.01%	40.12%	+78.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	119.01%	39.80%	+79.21%

Dividends

FMST vs. SIL - Dividend Comparison

FMST has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 1.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMST Foremost Lithium Resource & Technology Ltd. Common stock	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	1.38%	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

Can I hold both FMST and SIL in my portfolio?

FMST and SIL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FMST or SIL?

FMST has higher volatility (34.12%) compared to SIL (13.26%). In terms of maximum drawdown, FMST dropped -74.63% vs SIL's -82.99%.

Which has better risk-adjusted returns?

SIL currently has the higher Sharpe Ratio (1.09 vs -0.49), 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.