GLDG vs. SLVP
GLDG (GoldMining Inc) is a stock, while SLVP (iShares MSCI Global Silver and Metals Miners ETF) is Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index. Over the past 10 years, GLDG returned -5.30%/yr vs 12.10%/yr for SLVP. At a 0.47 correlation, their price movements are largely independent.
Performance
GLDG vs. SLVP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLDG achieves a -26.25% return, which is significantly lower than SLVP's -4.09% return. Over the past 10 years, GLDG has underperformed SLVP with an annualized return of -5.30%, while SLVP has yielded a comparatively higher 12.10% annualized return.
GLDG
- 1D
- -3.27%
- 1M
- -15.42%
- YTD
- -26.25%
- 6M
- -31.20%
- 1Y
- 28.38%
- 3Y*
- 1.69%
- 5Y*
- -8.66%
- 10Y*
- -5.30%
SLVP
- 1D
- -0.97%
- 1M
- -5.98%
- YTD
- -4.09%
- 6M
- -7.77%
- 1Y
- 89.99%
- 3Y*
- 53.03%
- 5Y*
- 17.18%
- 10Y*
- 12.10%
GLDG vs. SLVP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLDG GoldMining Inc | -26.25% | 55.28% | -17.37% | -13.79% | -5.83% | -44.95% | 113.73% | 78.95% | -45.19% | -32.47% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | -4.09% | 202.84% | 14.47% | -2.31% | -18.06% | -23.53% | 56.45% | 37.71% | -22.10% | 4.53% |
Correlation
The correlation between GLDG and SLVP is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012 | 0.47 |
Over the past year, GLDG and SLVP have become more correlated (0.74) than their long-term average of 0.47, meaning their price movements have been converging.
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
GLDG vs. SLVP — Risk / Return Rank
GLDG
SLVP
GLDG vs. SLVP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GoldMining Inc (GLDG) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). 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.
| GLDG | SLVP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.27 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 2.38 | -1.90 |
| Martin ratioReturn relative to average drawdown | 1.00 | 6.08 | -5.08 |
Loading charts...
Drawdowns
GLDG vs. SLVP - Drawdown Comparison
The maximum GLDG drawdown since its inception was -81.97%, roughly equal to the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for GLDG and SLVP.
Loading charts...
Drawdown Indicators
| GLDG | SLVP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.97% | -80.47% | -1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -60.07% | -38.06% | -22.01% |
Max Drawdown (3Y)Largest decline over 3 years | -60.07% | -38.06% | -22.01% |
Max Drawdown (5Y)Largest decline over 5 years | -62.98% | -48.41% | -14.57% |
Max Drawdown (10Y)Largest decline over 10 years | -77.95% | -62.03% | -15.92% |
Current DrawdownCurrent decline from peak | -68.21% | -30.82% | -37.39% |
Average DrawdownAverage peak-to-trough decline | -52.12% | -46.75% | -5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.33% | 14.84% | +13.49% |
Volatility
GLDG vs. SLVP - Volatility Comparison
GoldMining Inc (GLDG) has a higher volatility of 23.50% compared to iShares MSCI Global Silver and Metals Miners ETF (SLVP) at 18.72%. This indicates that GLDG's price experiences larger fluctuations and is considered to be riskier than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLDG | SLVP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.50% | 18.72% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 53.95% | 45.60% | +8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.67% | 55.19% | +14.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.81% | 43.23% | +14.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.51% | 42.52% | +15.99% |
Dividends
GLDG vs. SLVP - Dividend Comparison
GLDG has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 2.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDG GoldMining 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% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | 2.15% | 1.78% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% |
Frequently Asked Questions
GLDG and SLVP have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLDG has higher volatility (23.50%) compared to SLVP (18.72%). In terms of maximum drawdown, GLDG dropped -81.97% vs SLVP's -80.47%.
SLVP currently has the higher Sharpe Ratio (1.64 vs 0.41), 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 GLDG and SLVP
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