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MAG vs. SIVR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MAG and SIVR is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

MAG vs. SIVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAG Silver Corp. (MAG) and Aberdeen Standard Physical Silver Shares ETF (SIVR). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
167.12%
102.30%
MAG
SIVR

Key characteristics

Sharpe Ratio

MAG:

0.70

SIVR:

0.76

Sortino Ratio

MAG:

1.28

SIVR:

1.25

Omega Ratio

MAG:

1.15

SIVR:

1.15

Calmar Ratio

MAG:

0.48

SIVR:

0.42

Martin Ratio

MAG:

2.83

SIVR:

3.22

Ulcer Index

MAG:

11.16%

SIVR:

7.32%

Daily Std Dev

MAG:

44.78%

SIVR:

31.00%

Max Drawdown

MAG:

-81.82%

SIVR:

-75.85%

Current Drawdown

MAG:

-41.73%

SIVR:

-41.58%

Returns By Period

In the year-to-date period, MAG achieves a 32.66% return, which is significantly higher than SIVR's 23.67% return. Both investments have delivered pretty close results over the past 10 years, with MAG having a 6.13% annualized return and SIVR not far behind at 5.95%.


MAG

YTD

32.66%

1M

-12.15%

6M

13.66%

1Y

27.99%

5Y*

5.53%

10Y*

6.13%

SIVR

YTD

23.67%

1M

-5.28%

6M

-0.28%

1Y

22.28%

5Y*

11.13%

10Y*

5.95%

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Risk-Adjusted Performance

MAG vs. SIVR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) and Aberdeen Standard Physical Silver Shares ETF (SIVR). 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.


Sharpe ratio
The chart of Sharpe ratio for MAG, currently valued at 0.70, compared to the broader market-4.00-2.000.002.000.700.76
The chart of Sortino ratio for MAG, currently valued at 1.28, compared to the broader market-4.00-2.000.002.004.001.281.25
The chart of Omega ratio for MAG, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.15
The chart of Calmar ratio for MAG, currently valued at 0.48, compared to the broader market0.002.004.006.000.480.42
The chart of Martin ratio for MAG, currently valued at 2.83, compared to the broader market0.0010.0020.002.833.22
MAG
SIVR

The current MAG Sharpe Ratio is 0.70, which is comparable to the SIVR Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of MAG and SIVR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.70
0.76
MAG
SIVR

Dividends

MAG vs. SIVR - Dividend Comparison

Neither MAG nor SIVR has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

MAG vs. SIVR - Drawdown Comparison

The maximum MAG drawdown since its inception was -81.82%, which is greater than SIVR's maximum drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for MAG and SIVR. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%JulyAugustSeptemberOctoberNovemberDecember
-41.73%
-41.58%
MAG
SIVR

Volatility

MAG vs. SIVR - Volatility Comparison

MAG Silver Corp. (MAG) has a higher volatility of 10.83% compared to Aberdeen Standard Physical Silver Shares ETF (SIVR) at 7.32%. This indicates that MAG's price experiences larger fluctuations and is considered to be riskier than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
10.83%
7.32%
MAG
SIVR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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