NB vs. SLVP
NB (NioCorp Developments Ltd. Common Stock) is a stock, while SLVP (iShares MSCI Global Silver and Metals Miners ETF) is Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index. Over the past 3 years, NB returned -0.59%/yr vs 48.31%/yr for SLVP. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
NB vs. SLVP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NB achieves a -15.85% return, which is significantly lower than SLVP's -10.94% return.
NB
- 1D
- 4.82%
- 1M
- -5.91%
- 6M
- -27.60%
- YTD
- -15.85%
- 1Y
- 41.14%
- 3Y*
- -0.59%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.29%
SLVP
- 1D
- 2.32%
- 1M
- -5.44%
- 6M
- -20.21%
- YTD
- -10.94%
- 1Y
- 77.01%
- 3Y*
- 48.31%
- 5Y*
- 17.22%
- 10Y*
- 8.43%
- ALL TIME*
- 2.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.24M | $12.74M | $17.56M | |
| $6.56M | $6.88M | $11.46M |
NB vs. SLVP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NB NioCorp Developments Ltd. Common Stock | -15.85% | 241.94% | -51.41% | -57.47% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | -10.94% | 202.84% | 14.47% | -6.06% |
Correlation
The correlation between NB and SLVP is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2023 | 0.28 |
The correlation between NB and SLVP shifts across timeframes, from 0.28 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NB vs. SLVP — Risk / Return Rank
NB
SLVP
NB vs. SLVP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NioCorp Developments Ltd. Common Stock (NB) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). 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.
| NB | SLVP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.24 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.62 | 1.99 | -1.37 |
| Martin ratioReturn relative to average drawdown | 0.89 | 4.04 | -3.15 |
Loading charts...
Drawdowns
NB vs. SLVP - Drawdown Comparison
The maximum NB drawdown since its inception was -82.83%, roughly equal to the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for NB and SLVP.
Loading charts...
Drawdown Indicators
| NB | SLVP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.83% | -80.47% | -2.36% |
Max Drawdown (1Y)Largest decline over 1 year | -66.92% | -38.97% | -27.95% |
Max Drawdown (3Y)Largest decline over 3 years | -74.71% | -38.97% | -35.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.03% | — |
Current DrawdownCurrent decline from peak | -61.78% | -35.76% | -26.02% |
Average DrawdownAverage peak-to-trough decline | -56.14% | -46.67% | -9.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.34% | 19.11% | +27.23% |
Volatility
NB vs. SLVP - Volatility Comparison
NioCorp Developments Ltd. Common Stock (NB) has a higher volatility of 24.54% compared to iShares MSCI Global Silver and Metals Miners ETF (SLVP) at 14.01%. This indicates that NB's price experiences larger fluctuations and is considered to be riskier than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NB | SLVP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.54% | 14.01% | +10.53% |
Volatility (6M)Calculated over the trailing 6-month period | 61.54% | 42.41% | +19.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.20% | 56.52% | +43.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.15% | 43.65% | +47.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.15% | 42.52% | +48.63% |
Dividends
NB vs. SLVP - Dividend Comparison
NB has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 2.31%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NB NioCorp Developments Ltd. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | 2.31% | 1.78% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% |
Frequently Asked Questions
NB and SLVP have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NB has higher volatility (24.54%) compared to SLVP (14.01%). In terms of maximum drawdown, NB dropped -82.83% vs SLVP's -80.47%.
SLVP currently has the higher Sharpe Ratio (1.37 vs 0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NB and SLVP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer