FMV.DE vs. SVM

Last updated Jul 1, 2026

FMV.DE (First Majestic Silver Corp) and SVM (Silvercorp Metals Inc.) are both stocks. Both operate in the Silver industry within the Basic Materials sector. Over the past 10 years, FMV.DE returned 1.60%/yr vs 16.64%/yr for SVM. At a 0.37 correlation, their price movements are largely independent.

Performance

FMV.DE vs. SVM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in First Majestic Silver Corp (FMV.DE) and Silvercorp Metals Inc. (SVM). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FMV.DE is traded in EUR, while SVM is traded in USD. To make them comparable, the SVM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FMV.DE achieves a 1.83% return, which is significantly lower than SVM's 24.84% return. Over the past 10 years, FMV.DE has underperformed SVM with an annualized return of 1.60%, while SVM has yielded a comparatively higher 16.64% annualized return.

FMV.DE

• 1D: 2.83%
• 1M: -16.47%
• YTD: 1.83%
• 6M: 1.83%
• 1Y: 117.50%
• 3Y*: 44.08%
• 5Y*: 2.96%
• 10Y*: 1.60%

SVM

• 1D: -7.35%
• 1M: -18.46%
• YTD: 24.84%
• 6M: 21.35%
• 1Y: 147.92%
• 3Y*: 51.65%
• 5Y*: 14.68%
• 10Y*: 16.64%

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

FMV.DE vs. SVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FMV.DE First Majestic Silver Corp	1.83%	179.48%	-5.61%	-29.23%	-17.59%	-6.82%	-4.42%	112.33%	-12.65%	-26.78%
SVM Silvercorp Metals Inc.	24.84%	146.15%	22.47%	-13.02%	-15.68%	-39.30%	8.77%	178.42%	-15.15%	-1.31%

Correlation

The correlation between FMV.DE and SVM is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Sep 26, 2007	0.37

Over the past year, FMV.DE and SVM have become more correlated (0.68) than their long-term average of 0.37, meaning their price movements have been converging.

Return for Risk

FMV.DE vs. SVM — Risk / Return Rank

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

FMV.DE

FMV.DE Risk / Return Rank: 81
FMV.DE Sharpe Ratio Rank: 85
FMV.DE Sortino Ratio Rank: 81
FMV.DE Omega Ratio Rank: 77
FMV.DE Calmar Ratio Rank: 81
FMV.DE Martin Ratio Rank: 79

SVM

SVM Risk / Return Rank: 86
SVM Sharpe Ratio Rank: 90
SVM Sortino Ratio Rank: 83
SVM Omega Ratio Rank: 82
SVM Calmar Ratio Rank: 88
SVM Martin Ratio Rank: 89

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.

FMV.DE vs. SVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Majestic Silver Corp (FMV.DE) and Silvercorp Metals Inc. (SVM). 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.

	FMV.DE	SVM	Difference
Sharpe ratio: Return per unit of total volatility	1.61	2.17	-0.56
Sortino ratio: Return per unit of downside risk	2.20	2.45	-0.26
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	2.43	3.91	-1.48
Martin ratio: Return relative to average drawdown	5.36	10.69	-5.32

FMV.DE vs. SVM - Sharpe Ratio Comparison

The current FMV.DE Sharpe Ratio is 1.61, which is comparable to the SVM Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of FMV.DE and SVM, 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

FMV.DE vs. SVM - Drawdown Comparison

The maximum FMV.DE drawdown since its inception was -87.99%, smaller than the maximum SVM drawdown of -97.35%. Use the drawdown chart below to compare losses from any high point for FMV.DE and SVM.

Drawdown Indicators

	FMV.DE	SVM	Difference
Max Drawdown Largest peak-to-trough decline	-87.99%	-97.35%	+9.36%
Max Drawdown (1Y) Largest decline over 1 year	-48.02%	-38.07%	-9.95%
Max Drawdown (3Y) Largest decline over 3 years	-48.02%	-40.01%	-8.01%
Max Drawdown (5Y) Largest decline over 5 years	-69.43%	-56.77%	-12.66%
Max Drawdown (10Y) Largest decline over 10 years	-76.90%	-72.08%	-4.82%
Current Drawdown Current decline from peak	-43.96%	-35.52%	-8.44%
Average Drawdown Average peak-to-trough decline	-50.11%	-75.53%	+25.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.82%	13.90%	+7.92%

Volatility

FMV.DE vs. SVM - Volatility Comparison

The current volatility for First Majestic Silver Corp (FMV.DE) is 23.57%, while Silvercorp Metals Inc. (SVM) has a volatility of 25.95%. This indicates that FMV.DE experiences smaller price fluctuations and is considered to be less risky than SVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMV.DE	SVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.57%	25.95%	-2.38%
Volatility (6M) Calculated over the trailing 6-month period	56.89%	56.07%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	72.61%	68.73%	+3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.54%	53.81%	+5.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.16%	60.37%	-1.21%

Dividends

FMV.DE vs. SVM - Dividend Comparison

FMV.DE's dividend yield for the trailing twelve months is around 0.21%, less than SVM's 0.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMV.DE First Majestic Silver Corp	0.21%	0.12%	0.33%	0.37%	0.33%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SVM Silvercorp Metals Inc.	0.25%	0.30%	0.83%	0.95%	0.84%	0.66%	0.37%	0.44%	1.19%	0.76%	0.43%	2.13%

Financials

Frequently Asked Questions

Can I hold both FMV.DE and SVM in my portfolio?

FMV.DE and SVM have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.