MAG vs. SIL
Compare and contrast key facts about MAG Silver Corp. (MAG) 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: MAG or SIL.
Correlation
The correlation between MAG and SIL is 0.78, 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.
Performance
MAG vs. SIL - Performance Comparison
Key characteristics
MAG:
0.64
SIL:
0.58
MAG:
1.20
SIL:
1.02
MAG:
1.14
SIL:
1.12
MAG:
0.44
SIL:
0.29
MAG:
2.54
SIL:
2.00
MAG:
11.25%
SIL:
10.51%
MAG:
44.71%
SIL:
36.32%
MAG:
-81.82%
SIL:
-82.99%
MAG:
-41.48%
SIL:
-58.38%
Returns By Period
In the year-to-date period, MAG achieves a 33.24% return, which is significantly higher than SIL's 19.21% return. Over the past 10 years, MAG has outperformed SIL with an annualized return of 7.73%, while SIL has yielded a comparatively lower 3.84% annualized return.
MAG
33.24%
-12.10%
11.32%
33.24%
5.62%
7.73%
SIL
19.21%
-7.63%
4.03%
21.05%
3.36%
3.84%
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Risk-Adjusted Performance
MAG vs. SIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) 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
MAG vs. SIL - Dividend Comparison
MAG has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 0.42%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MAG Silver Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Global X Silver Miners ETF | 0.42% | 0.59% | 0.48% | 1.59% | 1.92% | 1.53% | 1.22% | 0.02% | 3.34% | 0.38% | 0.08% | 0.66% |
Drawdowns
MAG vs. SIL - Drawdown Comparison
The maximum MAG drawdown since its inception was -81.82%, roughly equal to the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for MAG and SIL. For additional features, visit the drawdowns tool.
Volatility
MAG vs. SIL - Volatility Comparison
The current volatility for MAG Silver Corp. (MAG) is 10.85%, while Global X Silver Miners ETF (SIL) has a volatility of 12.43%. This indicates that MAG 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.