MAG vs. SLV

Last updated Apr 1, 2026

Compare and contrast key facts about MAG Silver Corp. (MAG) and iShares Silver Trust (SLV).

SLV is a passively managed fund by iShares that tracks the performance of the LBMA Silver Price. It was launched on Apr 21, 2006.

Performance

MAG vs. SLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAG Silver Corp. (MAG) and iShares Silver Trust (SLV). The values are adjusted to include any dividend payments, if applicable.

MAG vs. SLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAG MAG Silver Corp.	0.00%	85.31%	30.64%	-33.40%	-0.26%	-23.64%	73.31%	62.19%	-40.94%	12.06%
SLV iShares Silver Trust	5.77%	144.66%	20.89%	-1.09%	2.37%	-12.45%	47.30%	14.88%	-9.19%	5.82%

Returns By Period

MAG

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLV

• 1D: 7.27%
• 1M: -19.83%
• YTD: 5.77%
• 6M: 60.82%
• 1Y: 119.88%
• 3Y*: 45.50%
• 5Y*: 24.10%
• 10Y*: 16.87%

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

Return for Risk

MAG vs. SLV — Risk / Return Rank

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

SLV

SLV Risk / Return Rank: 89
SLV Sharpe Ratio Rank: 93
SLV Sortino Ratio Rank: 86
SLV Omega Ratio Rank: 92
SLV Calmar Ratio Rank: 90
SLV Martin Ratio Rank: 83

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.

MAG vs. SLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MAG	SLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.11	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.69	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.25	—

Correlation

The correlation between MAG and SLV is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MAG vs. SLV - Dividend Comparison

MAG's dividend yield for the trailing twelve months is around 2.14%, while SLV has not paid dividends to shareholders.

	TTM	2025
MAG MAG Silver Corp.	2.14%	2.14%
SLV iShares Silver Trust	0.00%	0.00%

Drawdowns

Drawdown Indicators

	MAG	SLV	Difference
Max Drawdown Largest peak-to-trough decline	—	-76.28%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-42.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.81%	—
Current Drawdown Current decline from peak	—	-35.47%	—
Average Drawdown Average peak-to-trough decline	—	-44.76%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.63%	—

Volatility

Volatility by Period

	MAG	SLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	57.07%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.28%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	31.36%	—