IRTR vs. SLV
IRTR (iShares LifePath Retirement ETF) and SLV (iShares Silver Trust) are both exchange-traded funds - IRTR is a Target Retirement Date fund actively managed by iShares, while SLV is a Silver fund tracking the LBMA Silver Price. IRTR is actively managed, while SLV is passively managed. Over the past year, IRTR returned 12.19% vs 58.62% for SLV. At a 0.32 correlation, their price movements are largely independent. IRTR charges 0.08%/yr vs 0.50%/yr for SLV.
Performance
IRTR vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, IRTR achieves a 4.92% return, which is significantly higher than SLV's -18.72% return.
IRTR
- 1D
- 0.15%
- 1M
- -0.03%
- YTD
- 4.92%
- 6M
- 4.52%
- 1Y
- 12.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLV
- 1D
- 1.12%
- 1M
- -24.90%
- YTD
- -18.72%
- 6M
- -19.72%
- 1Y
- 58.62%
- 3Y*
- 35.82%
- 5Y*
- 16.71%
- 10Y*
- 11.99%
IRTR vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IRTR iShares LifePath Retirement ETF | 4.92% | 12.70% | 7.59% | 11.03% |
SLV iShares Silver Trust | -18.72% | 144.66% | 20.89% | 3.96% |
Correlation
The correlation between IRTR and SLV is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.32 |
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Return for Risk
IRTR vs. SLV — Risk / Return Rank
IRTR
SLV
IRTR vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares LifePath Retirement ETF (IRTR) and iShares Silver Trust (SLV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IRTR | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.22 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 1.16 | +1.39 |
| Martin ratioReturn relative to average drawdown | 10.97 | 2.63 | +8.34 |
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Drawdowns
IRTR vs. SLV - Drawdown Comparison
The maximum IRTR drawdown since its inception was -6.29%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for IRTR and SLV.
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Drawdown Indicators
| IRTR | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.29% | -76.28% | +69.99% |
Max Drawdown (1Y)Largest decline over 1 year | -4.82% | -50.97% | +46.15% |
Max Drawdown (3Y)Largest decline over 3 years | — | -50.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -50.97% | — |
Current DrawdownCurrent decline from peak | -0.62% | -50.42% | +49.80% |
Average DrawdownAverage peak-to-trough decline | -0.78% | -44.66% | +43.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 22.37% | -21.26% |
Volatility
IRTR vs. SLV - Volatility Comparison
The current volatility for iShares LifePath Retirement ETF (IRTR) is 2.44%, while iShares Silver Trust (SLV) has a volatility of 15.50%. This indicates that IRTR experiences smaller price fluctuations and is considered to be less risky than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRTR | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 15.50% | -13.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.29% | 59.60% | -54.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.30% | 60.77% | -54.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.10% | 36.74% | -29.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.10% | 32.16% | -25.06% |
IRTR vs. SLV - Expense Ratio Comparison
IRTR has a 0.08% expense ratio, which is lower than SLV's 0.50% expense ratio.
Dividends
IRTR vs. SLV - Dividend Comparison
IRTR's dividend yield for the trailing twelve months is around 3.00%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IRTR iShares LifePath Retirement ETF | 3.00% | 3.03% | 3.03% | 0.85% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IRTR and SLV have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (15.50%) compared to IRTR (2.44%). In terms of maximum drawdown, IRTR dropped -6.29% vs SLV's -76.28%.
On 1-year performance, SLV leads with 58.62% vs 12.19% for IRTR. On fees, IRTR is cheaper at 0.08% per year. On volatility, IRTR has been the lower-risk option at 2.44%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SLV has performed better with a 58.62% return vs 12.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IRTR is cheaper with a 0.08% expense ratio, compared with 0.50% for SLV.
IRTR has the higher dividend yield at 3.00%, compared with 0.00% for SLV.
IRTR is categorized as Target Retirement Date, while SLV is Silver. Their fees differ too: 0.08% for IRTR and 0.50% for SLV.
IRTR currently has the higher Sharpe Ratio (1.94 vs 0.97), 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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