PLG vs. SLV
PLG (Platinum Group Metals Ltd.) is a stock, while SLV (iShares Silver Trust) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, PLG returned -26.75%/yr vs 12.68%/yr for SLV. At a 0.36 correlation, their price movements are largely independent.
Performance
PLG vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, PLG achieves a -42.37% return, which is significantly lower than SLV's -13.49% return. Over the past 10 years, PLG has underperformed SLV with an annualized return of -26.75%, while SLV has yielded a comparatively higher 12.68% annualized return.
PLG
- 1D
- -2.86%
- 1M
- -15.53%
- YTD
- -42.37%
- 6M
- -52.11%
- 1Y
- -8.72%
- 3Y*
- -0.49%
- 5Y*
- -18.10%
- 10Y*
- -26.75%
SLV
- 1D
- -5.40%
- 1M
- -18.48%
- YTD
- -13.49%
- 6M
- -14.05%
- 1Y
- 69.08%
- 3Y*
- 39.38%
- 5Y*
- 18.31%
- 10Y*
- 12.68%
PLG vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLG Platinum Group Metals Ltd. | -42.37% | 84.37% | 12.28% | -34.48% | 10.13% | -65.95% | 174.56% | 13.42% | -50.99% | -78.74% |
SLV iShares Silver Trust | -13.49% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between PLG and SLV is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006 | 0.36 |
Over the past year, PLG and SLV have become more correlated (0.65) than their long-term average of 0.36, meaning their price movements have been converging.
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Return for Risk
PLG vs. SLV — Risk / Return Rank
PLG
SLV
PLG vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Platinum Group Metals Ltd. (PLG) 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.
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.
| PLG | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.25 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 1.47 | -1.61 |
| Martin ratioReturn relative to average drawdown | -0.27 | 3.16 | -3.43 |
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Drawdowns
PLG vs. SLV - Drawdown Comparison
The maximum PLG drawdown since its inception was -99.81%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for PLG and SLV.
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Drawdown Indicators
| PLG | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.81% | -76.28% | -23.53% |
Max Drawdown (1Y)Largest decline over 1 year | -62.07% | -47.23% | -14.84% |
Max Drawdown (3Y)Largest decline over 3 years | -62.07% | -47.23% | -14.84% |
Max Drawdown (5Y)Largest decline over 5 years | -74.19% | -47.23% | -26.96% |
Max Drawdown (10Y)Largest decline over 10 years | -97.73% | -47.23% | -50.50% |
Current DrawdownCurrent decline from peak | -99.71% | -47.23% | -52.48% |
Average DrawdownAverage peak-to-trough decline | -68.84% | -44.65% | -24.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.35% | 21.91% | +10.44% |
Volatility
PLG vs. SLV - Volatility Comparison
Platinum Group Metals Ltd. (PLG) has a higher volatility of 24.75% compared to iShares Silver Trust (SLV) at 14.34%. This indicates that PLG's price experiences larger fluctuations and is considered to be riskier than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLG | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.75% | 14.34% | +10.41% |
Volatility (6M)Calculated over the trailing 6-month period | 60.53% | 59.27% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.92% | 60.33% | +22.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.19% | 36.59% | +35.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.29% | 32.09% | +48.20% |
Dividends
PLG vs. SLV - Dividend Comparison
Neither PLG nor SLV has paid dividends to shareholders.
Frequently Asked Questions
PLG and SLV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLG has higher volatility (24.75%) compared to SLV (14.34%). In terms of maximum drawdown, PLG dropped -99.81% vs SLV's -76.28%.
SLV currently has the higher Sharpe Ratio (1.15 vs -0.11), 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.
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