GOLD vs. SIL
Compare and contrast key facts about Barrick Gold Corporation (GOLD) and Global X Silver Miners ETF (SIL).
SIL is a passively managed fund by Global X that tracks the performance of the Stuttgart Solactive AG Global Silver Miners (USD). It was launched on Apr 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOLD or SIL.
Performance
GOLD vs. SIL - Performance Comparison
Returns By Period
In the year-to-date period, GOLD achieves a -3.22% return, which is significantly lower than SIL's 27.73% return. Over the past 10 years, GOLD has outperformed SIL with an annualized return of 4.85%, while SIL has yielded a comparatively lower 3.02% annualized return.
GOLD
-3.22%
-17.78%
-2.98%
12.08%
2.92%
4.85%
SIL
27.73%
-7.91%
0.85%
43.56%
5.01%
3.02%
Key characteristics
| GOLD | SIL | |
|---|---|---|
| Sharpe Ratio | 0.32 | 1.23 |
| Sortino Ratio | 0.67 | 1.81 |
| Omega Ratio | 1.08 | 1.22 |
| Calmar Ratio | 0.16 | 0.61 |
| Martin Ratio | 1.10 | 4.52 |
| Ulcer Index | 9.90% | 9.73% |
| Daily Std Dev | 33.86% | 35.71% |
| Max Drawdown | -88.52% | -82.99% |
| Current Drawdown | -60.76% | -55.40% |
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Correlation
The correlation between GOLD and SIL 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.
Risk-Adjusted Performance
GOLD vs. SIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrick Gold Corporation (GOLD) 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.
Dividends
GOLD vs. SIL - Dividend Comparison
GOLD's dividend yield for the trailing twelve months is around 2.33%, more than SIL's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOLD Barrick Gold Corporation | 2.33% | 2.21% | 3.78% | 4.11% | 1.36% | 0.70% | 1.40% | 0.83% | 0.50% | 1.89% | 1.86% | 2.83% |
SIL Global X Silver Miners ETF | 0.39% | 0.59% | 0.48% | 1.59% | 1.92% | 1.53% | 1.22% | 0.02% | 3.34% | 0.38% | 0.08% | 0.66% |
Drawdowns
GOLD vs. SIL - Drawdown Comparison
The maximum GOLD drawdown since its inception was -88.52%, which is greater than SIL's maximum drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for GOLD and SIL. For additional features, visit the drawdowns tool.
Volatility
GOLD vs. SIL - Volatility Comparison
The current volatility for Barrick Gold Corporation (GOLD) is 9.47%, while Global X Silver Miners ETF (SIL) has a volatility of 11.60%. This indicates that GOLD experiences smaller price fluctuations and is considered to be less risky than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.