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FSM vs. SILJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSM and SILJ is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

FSM vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortuna Silver Mines Inc. (FSM) and ETFMG Prime Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-14.28%
-4.42%
FSM
SILJ

Key characteristics

Sharpe Ratio

FSM:

0.16

SILJ:

0.27

Sortino Ratio

FSM:

0.61

SILJ:

0.66

Omega Ratio

FSM:

1.07

SILJ:

1.08

Calmar Ratio

FSM:

0.11

SILJ:

0.18

Martin Ratio

FSM:

0.40

SILJ:

0.85

Ulcer Index

FSM:

20.52%

SILJ:

12.47%

Daily Std Dev

FSM:

53.19%

SILJ:

39.64%

Max Drawdown

FSM:

-92.25%

SILJ:

-79.04%

Current Drawdown

FSM:

-54.72%

SILJ:

-43.07%

Returns By Period

In the year-to-date period, FSM achieves a 11.92% return, which is significantly higher than SILJ's 10.48% return. Over the past 10 years, FSM has underperformed SILJ with an annualized return of 0.50%, while SILJ has yielded a comparatively higher 4.60% annualized return.


FSM

YTD

11.92%

1M

-10.56%

6M

-15.13%

1Y

11.92%

5Y*

5.17%

10Y*

0.50%

SILJ

YTD

10.48%

1M

-10.03%

6M

-6.77%

1Y

10.60%

5Y*

0.61%

10Y*

4.60%

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Risk-Adjusted Performance

FSM vs. SILJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortuna Silver Mines Inc. (FSM) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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.


Sharpe ratio
The chart of Sharpe ratio for FSM, currently valued at 0.22, compared to the broader market-4.00-2.000.002.000.220.27
The chart of Sortino ratio for FSM, currently valued at 0.71, compared to the broader market-4.00-2.000.002.004.000.710.66
The chart of Omega ratio for FSM, currently valued at 1.09, compared to the broader market0.501.001.502.001.091.08
The chart of Calmar ratio for FSM, currently valued at 0.16, compared to the broader market0.002.004.006.000.160.18
The chart of Martin ratio for FSM, currently valued at 0.58, compared to the broader market0.0010.0020.000.580.85
FSM
SILJ

The current FSM Sharpe Ratio is 0.16, which is lower than the SILJ Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of FSM and SILJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.22
0.27
FSM
SILJ

Dividends

FSM vs. SILJ - Dividend Comparison

FSM has not paid dividends to shareholders, while SILJ's dividend yield for the trailing twelve months is around 0.01%.


TTM20232022202120202019201820172016201520142013
FSM
Fortuna Silver Mines Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SILJ
ETFMG Prime Junior Silver Miners ETF
0.01%0.01%0.06%0.36%1.23%1.45%1.65%0.00%0.52%2.45%0.00%0.10%

Drawdowns

FSM vs. SILJ - Drawdown Comparison

The maximum FSM drawdown since its inception was -92.25%, which is greater than SILJ's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for FSM and SILJ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-54.72%
-43.07%
FSM
SILJ

Volatility

FSM vs. SILJ - Volatility Comparison

Fortuna Silver Mines Inc. (FSM) has a higher volatility of 16.81% compared to ETFMG Prime Junior Silver Miners ETF (SILJ) at 11.84%. This indicates that FSM's price experiences larger fluctuations and is considered to be riskier than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%12.00%14.00%16.00%18.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
16.81%
11.84%
FSM
SILJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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