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GLTR vs. SLVP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GLTR vs. SLVP

Last updated Jun 4, 2026

GLTR (Aberdeen Standard Physical Precious Metals Basket Shares ETF) and SLVP (iShares MSCI Global Silver and Metals Miners ETF) are both exchange-traded funds - GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index, while SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index. Both are passively managed. Over the past 10 years, GLTR returned 13.17%/yr vs 13.67%/yr for SLVP. A 0.74 correlation means they provide meaningful diversification when combined. GLTR charges 0.60%/yr vs 0.39%/yr for SLVP.

Performance

GLTR vs. SLVP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GLTR achieves a 1.47% return, which is significantly lower than SLVP's 2.25% return. Both investments have delivered pretty close results over the past 10 years, with GLTR having a 13.17% annualized return and SLVP not far ahead at 13.67%.

GLTR

1D
-1.81%
1M
-1.45%
YTD
1.47%
6M
10.73%
1Y
53.06%
3Y*
32.36%
5Y*
15.32%
10Y*
13.17%

SLVP

1D
-5.14%
1M
1.42%
YTD
2.25%
6M
13.09%
1Y
112.07%
3Y*
52.07%
5Y*
15.97%
10Y*
13.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GLTR vs. SLVP - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		1.47%87.25%20.63%2.01%-0.25%-9.60%29.52%20.96%-2.85%12.94%
SLVP
iShares MSCI Global Silver and Metals Miners ETF		2.25%202.84%14.47%-2.31%-18.06%-23.53%56.45%37.71%-22.10%4.53%

Correlation

The correlation between GLTR and SLVP is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.80

Correlation (5Y)
Calculated over the trailing 5-year period

0.79

Correlation (10Y)
Calculated over the trailing 10-year period

0.77

Correlation (All Time)
Calculated using the full available price history since Feb 3, 2012

0.74

The correlation between GLTR and SLVP has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Aberdeen Standard Physical Precious Metals Basket Shares ETF

iShares MSCI Global Silver and Metals Miners ETF

Often compared with GLTR:
GLTR vs. GLDGLTR vs. PICKGLTR vs. SGOLGLTR vs. GLDMGLTR vs. SPYGLTR vs. VGPMXGLTR vs. BAR
Often compared with SLVP:
SLVP vs. SLVSLVP vs. SILSLVP vs. SSLN.LSLVP vs. PSLVSLVP vs. SIVRSLVP vs. RINGSLVP vs. SLVR.DE

Return for Risk

GLTR vs. SLVP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLTR
GLTR Risk / Return Rank: 3636
Overall Rank
GLTR Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
GLTR Sortino Ratio Rank: 3131
Sortino Ratio Rank
GLTR Omega Ratio Rank: 4444
Omega Ratio Rank
GLTR Calmar Ratio Rank: 3636
Calmar Ratio Rank
GLTR Martin Ratio Rank: 2828
Martin Ratio Rank
SLVP
SLVP Risk / Return Rank: 5555
Overall Rank
SLVP Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
SLVP Sortino Ratio Rank: 4848
Sortino Ratio Rank
SLVP Omega Ratio Rank: 5151
Omega Ratio Rank
SLVP Calmar Ratio Rank: 6666
Calmar Ratio Rank
SLVP Martin Ratio Rank: 5050
Martin Ratio Rank
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.

GLTR vs. SLVP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) 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.

GLTRSLVPDifference
Sharpe ratioReturn per unit of total volatility
1.42
2.12

-0.71

Sortino ratioReturn per unit of downside risk
1.73
2.40

-0.68

Omega ratioGain probability vs. loss probability

1.29

1.33

-0.04

Calmar ratioReturn relative to maximum drawdown

1.80

3.36

-1.56

Martin ratioReturn relative to average drawdown

4.13

8.53

-4.40

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLTR vs. SLVP - Sharpe Ratio Comparison

The current GLTR Sharpe Ratio is 1.42, which is lower than the SLVP Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of GLTR and SLVP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

GLTRSLVPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.42

2.12

-0.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.38

+0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.32

+0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.09

+0.23

Drawdowns

GLTR vs. SLVP - Drawdown Comparison

The maximum GLTR drawdown since its inception was -55.70%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for GLTR and SLVP.

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Drawdown Indicators

GLTRSLVPDifference

Max Drawdown

Largest peak-to-trough decline

-55.70%

-80.47%

+24.77%

Max Drawdown (1Y)

Largest decline over 1 year

-29.70%

-33.57%

+3.87%

Max Drawdown (3Y)

Largest decline over 3 years

-29.70%

-33.57%

+3.87%

Max Drawdown (5Y)

Largest decline over 5 years

-29.70%

-54.78%

+25.08%

Max Drawdown (10Y)

Largest decline over 10 years

-29.70%

-62.03%

+32.33%

Current Drawdown

Current decline from peak

-26.86%

-26.25%

-0.61%

Average Drawdown

Average peak-to-trough decline

-28.83%

-46.82%

+17.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.88%

13.18%

-0.30%

Volatility

GLTR vs. SLVP - Volatility Comparison

The current volatility for Aberdeen Standard Physical Precious Metals Basket Shares ETF (GLTR) is 9.13%, while iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a volatility of 17.59%. This indicates that GLTR experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLTRSLVPDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.13%

17.59%

-8.46%

Volatility (6M)

Calculated over the trailing 6-month period

35.41%

43.22%

-7.81%

Volatility (1Y)

Calculated over the trailing 1-year period

37.58%

53.06%

-15.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.63%

42.76%

-19.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.50%

42.24%

-21.74%

GLTR vs. SLVP - Expense Ratio Comparison

GLTR has a 0.60% expense ratio, which is higher than SLVP's 0.39% expense ratio.

Dividends

GLTR vs. SLVP - Dividend Comparison

GLTR has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 1.74%.

PositionTTM20252024202320222021202020192018201720162015
GLTR
Aberdeen Standard Physical Precious Metals Basket Shares ETF		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		1.74%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

GLTR and SLVP have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SLVP has higher volatility (17.59%) compared to GLTR (9.13%). In terms of maximum drawdown, GLTR dropped -55.70% vs SLVP's -80.47%.

On 10-year performance, SLVP leads with 13.67% vs 13.17% for GLTR. On fees, SLVP is cheaper at 0.39% per year. On volatility, GLTR has been the lower-risk option at 9.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SLVP has performed better with a 13.67% return vs 13.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SLVP is cheaper with a 0.39% expense ratio, compared with 0.60% for GLTR.

SLVP has the higher dividend yield at 1.74%, compared with 0.00% for GLTR.

GLTR is categorized as Precious Metals, while SLVP is Silver. GLTR tracks ETFS Physical Precious Metals Basket Index, while SLVP tracks MSCI ACWI Select Silver Miners Investable Market Index. They also come from different issuers: Aberdeen and iShares. Their fees differ too: 0.60% for GLTR and 0.39% for SLVP.

SLVP currently has the higher Sharpe Ratio (2.12 vs 1.42), 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.

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