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

Key characteristics


PICKSIVR
YTD Return-0.44%17.79%
1Y Return2.45%8.15%
3Y Return (Ann)5.37%3.11%
5Y Return (Ann)11.03%13.02%
10Y Return (Ann)5.74%3.31%
Sharpe Ratio0.190.39
Daily Std Dev22.24%24.37%
Max Drawdown-68.88%-75.85%
Current Drawdown-9.48%-44.36%

Correlation

0.36
-1.001.00

The correlation between PICK and SIVR 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.

Performance

PICK vs. SIVR - Performance Comparison

In the year-to-date period, PICK achieves a -0.44% return, which is significantly lower than SIVR's 17.79% return. Over the past 10 years, PICK has outperformed SIVR with an annualized return of 5.74%, while SIVR has yielded a comparatively lower 3.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
14.26%
23.42%
PICK
SIVR

Compare stocks, funds, or ETFs


iShares MSCI Global Select Metals & Mining Producers ETF

Aberdeen Standard Physical Silver Shares ETF

PICK vs. SIVR - Expense Ratio Comparison

PICK has a 0.39% expense ratio, which is higher than SIVR's 0.30% expense ratio.

PICK
iShares MSCI Global Select Metals & Mining Producers ETF
0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

PICK vs. SIVR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) 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.


PICK
Sharpe ratio
The Sharpe ratio of PICK compared to the broader market0.002.004.000.19
Sortino ratio
The Sortino ratio of PICK compared to the broader market-2.000.002.004.006.008.0010.000.44
Omega ratio
The Omega ratio of PICK compared to the broader market1.001.502.002.501.05
Calmar ratio
The Calmar ratio of PICK compared to the broader market0.002.004.006.008.0010.0012.000.17
Martin ratio
The Martin ratio of PICK compared to the broader market0.0020.0040.0060.0080.000.50
SIVR
Sharpe ratio
The Sharpe ratio of SIVR compared to the broader market0.002.004.000.39
Sortino ratio
The Sortino ratio of SIVR compared to the broader market-2.000.002.004.006.008.0010.000.75
Omega ratio
The Omega ratio of SIVR compared to the broader market1.001.502.002.501.09
Calmar ratio
The Calmar ratio of SIVR compared to the broader market0.002.004.006.008.0010.0012.000.21
Martin ratio
The Martin ratio of SIVR compared to the broader market0.0020.0040.0060.0080.000.94

PICK vs. SIVR - Sharpe Ratio Comparison

The current PICK Sharpe Ratio is 0.19, which is lower than the SIVR Sharpe Ratio of 0.39. The chart below compares the 12-month rolling Sharpe Ratio of PICK and SIVR.


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.19
0.39
PICK
SIVR

Dividends

PICK vs. SIVR - Dividend Comparison

PICK's dividend yield for the trailing twelve months is around 4.21%, while SIVR has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PICK
iShares MSCI Global Select Metals & Mining Producers ETF
4.21%4.19%6.93%5.89%2.27%5.50%4.76%2.41%1.15%15.73%2.88%3.38%
SIVR
Aberdeen Standard Physical Silver Shares ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PICK vs. SIVR - Drawdown Comparison

The maximum PICK drawdown since its inception was -68.88%, smaller than the maximum SIVR drawdown of -75.85%. The drawdown chart below compares losses from any high point along the way for PICK and SIVR


-40.00%-30.00%-20.00%-10.00%NovemberDecember2024FebruaryMarchApril
-9.48%
-26.74%
PICK
SIVR

Volatility

PICK vs. SIVR - Volatility Comparison

The current volatility for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) is 4.66%, while Aberdeen Standard Physical Silver Shares ETF (SIVR) has a volatility of 8.05%. This indicates that PICK experiences smaller price fluctuations and is considered to be less risky than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2024FebruaryMarchApril
4.66%
8.05%
PICK
SIVR