GURU vs. SIL

Last updated Jun 4, 2026

GURU (Global X Guru Index ETF) and SIL (Global X Silver Miners ETF) are both exchange-traded funds - GURU is a Large Cap Blend Equities fund tracking the Solactive Guru Index, while SIL is a Silver fund tracking the Solactive Global Silver Miners Total Return Index. Both are passively managed. Over the past 10 years, GURU returned 12.16%/yr vs 10.69%/yr for SIL. At a 0.26 correlation, their price movements are largely independent. GURU charges 0.75%/yr vs 0.65%/yr for SIL.

Performance

GURU vs. SIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Guru Index ETF (GURU) and Global X Silver Miners ETF (SIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GURU achieves a 7.06% return, which is significantly higher than SIL's 4.75% return. Over the past 10 years, GURU has outperformed SIL with an annualized return of 12.16%, while SIL has yielded a comparatively lower 10.69% annualized return.

GURU

• 1D: -0.12%
• 1M: 3.20%
• YTD: 7.06%
• 6M: 6.09%
• 1Y: 27.98%
• 3Y*: 23.93%
• 5Y*: 7.41%
• 10Y*: 12.16%

SIL

• 1D: -4.96%
• 1M: 0.68%
• YTD: 4.75%
• 6M: 15.66%
• 1Y: 91.23%
• 3Y*: 49.15%
• 5Y*: 13.96%
• 10Y*: 10.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GURU vs. SIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GURU Global X Guru Index ETF	7.06%	25.43%	23.76%	19.28%	-27.94%	8.19%	25.27%	30.99%	-6.56%	24.26%
SIL Global X Silver Miners ETF	4.75%	166.16%	14.62%	1.31%	-22.83%	-18.35%	40.30%	34.78%	-22.42%	1.67%

Correlation

The correlation between GURU and SIL is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 6, 2012	0.26

GURU vs. SIL - Sectors Allocation Comparison

Sectors	GURU	SIL
Technology	25.2%	-
Healthcare	23.5%	-
Consumer Cyclical	11.0%	-
Industrials	10.6%	-
Financial Services	9.4%	-
Utilities	5.4%	-
Communication Services	5.3%	-
Energy	4.3%	-
Basic Materials	2.1%	99.8%
Consumer Defensive	1.9%	0.2%
Real Estate	1.2%	-

Return for Risk

GURU vs. SIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GURU

GURU Risk / Return Rank: 52
GURU Sharpe Ratio Rank: 53
GURU Sortino Ratio Rank: 52
GURU Omega Ratio Rank: 50
GURU Calmar Ratio Rank: 51
GURU Martin Ratio Rank: 54

SIL

SIL Risk / Return Rank: 48
SIL Sharpe Ratio Rank: 52
SIL Sortino Ratio Rank: 43
SIL Omega Ratio Rank: 46
SIL Calmar Ratio Rank: 55
SIL Martin Ratio Rank: 43

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.

GURU vs. SIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Guru Index ETF (GURU) 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.

	GURU	SIL	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.83	-0.02
Sortino ratio: Return per unit of downside risk	2.57	2.17	+0.39
Omega ratio: Gain probability vs. loss probability	1.31	1.30	+0.01
Calmar ratio: Return relative to maximum drawdown	2.50	2.79	-0.28
Martin ratio: Return relative to average drawdown	9.12	7.14	+1.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GURU vs. SIL - Sharpe Ratio Comparison

The current GURU Sharpe Ratio is 1.81, which is comparable to the SIL Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of GURU and SIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GURU	SIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	1.83	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.36	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.27	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.14	+0.51

Drawdowns

GURU vs. SIL - Drawdown Comparison

The maximum GURU drawdown since its inception was -38.50%, smaller than the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for GURU and SIL.

Drawdown Indicators

	GURU	SIL	Difference
Max Drawdown Largest peak-to-trough decline	-38.50%	-82.99%	+44.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.22%	-32.91%	+21.69%
Max Drawdown (3Y) Largest decline over 3 years	-20.73%	-32.91%	+12.18%
Max Drawdown (5Y) Largest decline over 5 years	-38.50%	-55.08%	+16.58%
Max Drawdown (10Y) Largest decline over 10 years	-38.50%	-63.04%	+24.54%
Current Drawdown Current decline from peak	-1.06%	-25.87%	+24.81%
Average Drawdown Average peak-to-trough decline	-8.67%	-51.45%	+42.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	12.82%	-9.75%

Volatility

GURU vs. SIL - Volatility Comparison

The current volatility for Global X Guru Index ETF (GURU) is 4.33%, while Global X Silver Miners ETF (SIL) has a volatility of 17.66%. This indicates that GURU 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.

Volatility by Period

	GURU	SIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	17.66%	-13.33%
Volatility (6M) Calculated over the trailing 6-month period	12.20%	41.57%	-29.37%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	50.01%	-34.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	39.21%	-18.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.16%	39.60%	-19.44%

GURU vs. SIL - Expense Ratio Comparison

GURU has a 0.75% expense ratio, which is higher than SIL's 0.65% expense ratio.

Dividends

GURU vs. SIL - Dividend Comparison

GURU's dividend yield for the trailing twelve months is around 0.11%, less than SIL's 1.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GURU Global X Guru Index ETF	0.11%	0.11%	0.17%	0.57%	0.22%	0.09%	2.75%	0.35%	0.54%	0.54%	0.22%	0.47%
SIL Global X Silver Miners ETF	1.13%	1.18%	2.40%	0.59%	0.48%	1.59%	1.92%	1.53%	1.21%	0.02%	3.34%	0.38%

Frequently Asked Questions

Can I hold both GURU and SIL in my portfolio?

GURU and SIL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GURU or SIL?

SIL has higher volatility (17.66%) compared to GURU (4.33%). In terms of maximum drawdown, GURU dropped -38.50% vs SIL's -82.99%.

Which ETF is better, GURU or SIL?

On 10-year performance, GURU leads with 12.16% vs 10.69% for SIL. On fees, SIL is cheaper at 0.65% per year. On volatility, GURU has been the lower-risk option at 4.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GURU or SIL?

Over the 10-year period, GURU has performed better with a 12.16% return vs 10.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GURU or SIL?

SIL is cheaper with a 0.65% expense ratio, compared with 0.75% for GURU.

Which ETF pays a higher dividend yield, GURU or SIL?

SIL has the higher dividend yield at 1.13%, compared with 0.11% for GURU.

What is the main difference between GURU and SIL?

GURU is categorized as Large Cap Blend Equities, while SIL is Silver. GURU tracks Solactive Guru Index, while SIL tracks Solactive Global Silver Miners Total Return Index. Their fees differ too: 0.75% for GURU and 0.65% for SIL.

Which has better risk-adjusted returns?

SIL currently has the higher Sharpe Ratio (1.83 vs 1.81), 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.