MAG vs. SILJ
Compare and contrast key facts about MAG Silver Corp. (MAG) and ETFMG Prime Junior Silver Miners ETF (SILJ).
SILJ is a passively managed fund by ETFMG that tracks the performance of the Prime Junior Silver Miners & Explorers Index. It was launched on Nov 28, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAG or SILJ.
Key characteristics
| MAG | SILJ | |
|---|---|---|
| YTD Return | 24.59% | 21.50% |
| 1Y Return | 11.04% | 18.43% |
| 3Y Return (Ann) | -12.32% | -9.07% |
| 5Y Return (Ann) | 7.08% | 11.44% |
| 10Y Return (Ann) | 6.24% | 1.94% |
| Sharpe Ratio | 0.19 | 0.44 |
| Daily Std Dev | 45.24% | 35.34% |
| Max Drawdown | -81.82% | -79.04% |
| Current Drawdown | -45.27% | -37.39% |
Correlation
The correlation between MAG and SILJ 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. SILJ - Performance Comparison
In the year-to-date period, MAG achieves a 24.59% return, which is significantly higher than SILJ's 21.50% return. Over the past 10 years, MAG has outperformed SILJ with an annualized return of 6.24%, while SILJ has yielded a comparatively lower 1.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MAG vs. SILJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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. SILJ - Dividend Comparison
MAG has not paid dividends to shareholders, while SILJ's dividend yield for the trailing twelve months is around 0.01%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAG 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% |
SILJ ETFMG Prime Junior Silver Miners ETF | 0.01% | 0.01% | 0.05% | 0.36% | 1.23% | 1.45% | 1.66% | 0.00% | 0.52% | 2.46% | 0.00% | 0.10% |
Drawdowns
MAG vs. SILJ - Drawdown Comparison
The maximum MAG drawdown since its inception was -81.82%, roughly equal to the maximum SILJ drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for MAG and SILJ. For additional features, visit the drawdowns tool.
Volatility
MAG vs. SILJ - Volatility Comparison
MAG Silver Corp. (MAG) has a higher volatility of 13.29% compared to ETFMG Prime Junior Silver Miners ETF (SILJ) at 10.54%. This indicates that MAG's price experiences larger fluctuations and is considered to be riskier than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.