HSLV.TO vs. DSVSF

Last updated Jun 4, 2026

HSLV.TO (Highlander Silver Corp) and DSVSF (Discovery Silver Corp) are both stocks. Both operate in the Silver industry within the Basic Materials sector. Over the past year, HSLV.TO returned 180.66% vs 129.75% for DSVSF. At a 0.47 correlation, their price movements are largely independent.

Performance

HSLV.TO vs. DSVSF - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Highlander Silver Corp (HSLV.TO) and Discovery Silver Corp (DSVSF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HSLV.TO is traded in CAD, while DSVSF is traded in USD. To make them comparable, the DSVSF values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HSLV.TO achieves a 28.44% return, which is significantly higher than DSVSF's -1.91% return.

HSLV.TO

• 1D: -4.75%
• 1M: -9.31%
• YTD: 28.44%
• 6M: 52.23%
• 1Y: 180.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DSVSF

• 1D: -8.13%
• 1M: -0.04%
• YTD: -1.91%
• 6M: 1.67%
• 1Y: 129.75%
• 3Y*: 103.71%
• 5Y*: 26.79%
• 10Y*: —

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

HSLV.TO vs. DSVSF - Yearly Performance Comparison

	2026 (YTD)	2025
HSLV.TO Highlander Silver Corp	28.44%	144.70%
DSVSF Discovery Silver Corp	-1.91%	178.00%

Correlation

The correlation between HSLV.TO and DSVSF is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since May 7, 2025	0.47

Return for Risk

HSLV.TO vs. DSVSF — Risk / Return Rank

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

HSLV.TO

HSLV.TO Risk / Return Rank: 89
HSLV.TO Sharpe Ratio Rank: 91
HSLV.TO Sortino Ratio Rank: 87
HSLV.TO Omega Ratio Rank: 84
HSLV.TO Calmar Ratio Rank: 92
HSLV.TO Martin Ratio Rank: 91

DSVSF

DSVSF Risk / Return Rank: 81
DSVSF Sharpe Ratio Rank: 84
DSVSF Sortino Ratio Rank: 79
DSVSF Omega Ratio Rank: 76
DSVSF Calmar Ratio Rank: 85
DSVSF Martin Ratio Rank: 85

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.

HSLV.TO vs. DSVSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Highlander Silver Corp (HSLV.TO) and Discovery Silver Corp (DSVSF). 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.

	HSLV.TO	DSVSF	Difference
Sharpe ratio Return per unit of total volatility	2.42	1.72	+0.70
Sortino ratio Return per unit of downside risk	2.90	2.27	+0.62
Omega ratio Gain probability vs. loss probability	1.35	1.27	+0.07
Calmar ratio Return relative to maximum drawdown	5.18	3.53	+1.65
Martin ratio Return relative to average drawdown	13.05	9.18	+3.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HSLV.TO vs. DSVSF - Sharpe Ratio Comparison

The current HSLV.TO Sharpe Ratio is 2.42, which is higher than the DSVSF Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of HSLV.TO and DSVSF, 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

	HSLV.TO	DSVSF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	1.72	+0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.62	0.67	+1.94

Drawdowns

HSLV.TO vs. DSVSF - Drawdown Comparison

The maximum HSLV.TO drawdown since its inception was -35.12%, smaller than the maximum DSVSF drawdown of -79.97%. Use the drawdown chart below to compare losses from any high point for HSLV.TO and DSVSF.

Drawdown Indicators

	HSLV.TO	DSVSF	Difference
Max Drawdown Largest peak-to-trough decline	-35.12%	-79.97%	+44.85%
Max Drawdown (1Y) Largest decline over 1 year	-35.12%	-36.99%	+1.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-58.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-79.52%	—
Current Drawdown Current decline from peak	-34.55%	-30.16%	-4.39%
Average Drawdown Average peak-to-trough decline	-9.50%	-38.16%	+28.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.90%	14.25%	-0.35%

Volatility

HSLV.TO vs. DSVSF - Volatility Comparison

Highlander Silver Corp (HSLV.TO) and Discovery Silver Corp (DSVSF) have volatilities of 23.32% and 23.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSLV.TO	DSVSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.32%	23.99%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	59.14%	55.63%	+3.51%
Volatility (1Y) Calculated over the trailing 1-year period	75.42%	76.49%	-1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.13%	74.53%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.13%	84.30%	-11.17%

Dividends

HSLV.TO vs. DSVSF - Dividend Comparison

Neither HSLV.TO nor DSVSF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HSLV.TO and DSVSF in my portfolio?

HSLV.TO and DSVSF have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.