MAG vs. SVM

Last updated Aug 1, 2026

MAG (MAG Silver Corp.) and SVM (Silvercorp Metals Inc.) are both stocks. Both operate in the Silver industry within the Basic Materials sector. Their 0.39 correlation means their historical movements had little consistent relationship.

Performance

MAG vs. SVM - Performance Comparison

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

Returns By Period

MAG

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

SVM

• 1D: -2.90%
• 1M: -8.86%
• 6M: -6.96%
• YTD: 12.34%
• 1Y: 117.26%
• 3Y*: 46.35%
• 5Y*: 14.21%
• 10Y*: 11.84%
• ALL TIME*: 10.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SVM Silvercorp Metals Inc.	$18.52M	$23.31M	$40.20M

MAG vs. SVM - 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%
SVM Silvercorp Metals Inc.	12.34%	179.29%	14.88%	-10.33%	-20.60%	-43.52%	18.54%	172.27%	-18.96%	12.52%

Correlation

The correlation between MAG and SVM is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.66
Correlation (10Y) Provides a long-term view across more market conditions.	0.68
Correlation (All Time) Calculated using the full available price history since May 2, 2005	0.39

Over the past year, the correlation between MAG and SVM has dropped to 0.13 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Fundamentals

Market Cap MAG : $2.56B SVM : $2.07B
EPS MAG : $0.99 SVM : -$0.05
PB Ratio MAG : 4.13 SVM : 2.20
Total Revenue (TTM) MAG : $0.00 SVM : $437.11M
Gross Profit (TTM) MAG : -$729.02K SVM : $254.02M
EBITDA (TTM) MAG : $68.69M SVM : $185.32M

Return for Risk

MAG vs. SVM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MAG

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

SVM

SVM Risk / Return Rank: 83
SVM Sharpe Ratio Rank: 87
SVM Sortino Ratio Rank: 81
SVM Omega Ratio Rank: 80
SVM Calmar Ratio Rank: 84
SVM Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MAG vs. SVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MAG Silver Corp. (MAG) and Silvercorp Metals Inc. (SVM). 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.

	MAG	SVM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.10	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.64	—
Martin ratio: Return relative to average drawdown	—	6.28	—

Drawdowns

Drawdown Indicators

	MAG	SVM	Difference
Max Drawdown Largest peak-to-trough decline	—	-98.00%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-43.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-43.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.19%	—
Current Drawdown Current decline from peak	—	-52.66%	—
Average Drawdown Average peak-to-trough decline	—	-71.50%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.35%	—

Volatility

Volatility by Period

	MAG	SVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	70.30%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	56.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	61.44%	—

Dividends

MAG vs. SVM - Dividend Comparison

MAG has not paid dividends to shareholders, while SVM's dividend yield for the trailing twelve months is around 0.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAG MAG Silver Corp.	0.59%	2.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SVM Silvercorp Metals Inc.	0.27%	0.30%	0.83%	0.95%	0.84%	0.66%	0.37%	0.44%	1.19%	0.76%	0.43%	2.13%

Financials

Frequently Asked Questions

Can I hold both MAG and SVM in my portfolio?

MAG and SVM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.