GPM.L vs. SILG.L
GPM.L (Golden Prospect Precious Metals Ltd) is a stock, while SILG.L (Global X Silver Miners UCITS ETF USD Accumulating) is Silver fund tracking the Solactive Global Silver Miners Total Return v2 Index. Over the past 3 years, GPM.L returned 52.90%/yr vs 45.51%/yr for SILG.L. At a 0.44 correlation, their price movements are largely independent.
Performance
GPM.L vs. SILG.L - Performance Comparison
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Different Trading Currencies
GPM.L is traded in GBp, while SILG.L is traded in GBP. To make them comparable, the SILG.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GPM.L achieves a 20.74% return, which is significantly higher than SILG.L's 5.62% return.
GPM.L
- 1D
- 0.00%
- 1M
- 8.35%
- YTD
- 20.74%
- 6M
- 31.98%
- 1Y
- 110.19%
- 3Y*
- 52.90%
- 5Y*
- 13.79%
- 10Y*
- 12.85%
SILG.L
- 1D
- 0.35%
- 1M
- 2.67%
- YTD
- 5.62%
- 6M
- 16.67%
- 1Y
- 98.68%
- 3Y*
- 45.51%
- 5Y*
- —
- 10Y*
- —
GPM.L vs. SILG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GPM.L Golden Prospect Precious Metals Ltd | 20.74% | 164.79% | 20.34% | -14.24% | -26.02% |
SILG.L Global X Silver Miners UCITS ETF USD Accumulating | 5.62% | 153.98% | 13.53% | -6.34% | -8.01% |
Correlation
The correlation between GPM.L and SILG.L is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.44 |
The correlation between GPM.L and SILG.L shifts across timeframes, from 0.44 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GPM.L vs. SILG.L — Risk / Return Rank
GPM.L
SILG.L
GPM.L vs. SILG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Golden Prospect Precious Metals Ltd (GPM.L) and Global X Silver Miners UCITS ETF USD Accumulating (SILG.L). 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.
| GPM.L | SILG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.31 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.97 | 3.16 | +0.81 |
| Martin ratioReturn relative to average drawdown | 9.07 | 7.69 | +1.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GPM.L | SILG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 1.98 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.68 | -0.67 |
Drawdowns
GPM.L vs. SILG.L - Drawdown Comparison
The maximum GPM.L drawdown since its inception was -86.38%, which is greater than SILG.L's maximum drawdown of -32.00%. Use the drawdown chart below to compare losses from any high point for GPM.L and SILG.L.
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Drawdown Indicators
| GPM.L | SILG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.38% | -32.00% | -54.38% |
Max Drawdown (1Y)Largest decline over 1 year | -27.61% | -30.90% | +3.29% |
Max Drawdown (3Y)Largest decline over 3 years | -27.61% | -30.90% | +3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -61.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.79% | — | — |
Current DrawdownCurrent decline from peak | -10.95% | -24.56% | +13.61% |
Average DrawdownAverage peak-to-trough decline | -59.10% | -12.52% | -46.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.10% | 12.74% | -0.64% |
Volatility
GPM.L vs. SILG.L - Volatility Comparison
The current volatility for Golden Prospect Precious Metals Ltd (GPM.L) is 9.16%, while Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a volatility of 18.48%. This indicates that GPM.L experiences smaller price fluctuations and is considered to be less risky than SILG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GPM.L | SILG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 18.48% | -9.32% |
Volatility (6M)Calculated over the trailing 6-month period | 32.86% | 39.95% | -7.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.10% | 49.23% | -0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.19% | 39.40% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.67% | 39.40% | +0.27% |
Dividends
GPM.L vs. SILG.L - Dividend Comparison
Neither GPM.L nor SILG.L has paid dividends to shareholders.
Frequently Asked Questions
GPM.L and SILG.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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