RAYS vs. SLV

Last updated Jun 4, 2026

RAYS (Global X Solar ETF) and SLV (iShares Silver Trust) are both exchange-traded funds - RAYS is a Alternative Energy Equities fund tracking the Solactive Solar Index, while SLV is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Both charge a 0.50% expense ratio.

Performance

RAYS vs. SLV - Performance Comparison

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

Returns By Period

RAYS

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLV

• 1D: -2.62%
• 1M: 0.41%
• YTD: 2.78%
• 6M: 24.76%
• 1Y: 110.59%
• 3Y*: 45.06%
• 5Y*: 20.76%
• 10Y*: 15.55%

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

RAYS vs. SLV - Yearly Performance Comparison

	2026 (YTD)
RAYS Global X Solar ETF	0.00%
SLV iShares Silver Trust	-5.67%

RAYS vs. SLV - Sectors Allocation Comparison

Sectors	RAYS	SLV
Technology	66.9%	-
Industrials	21.4%	-
Utilities	6.8%	-
Consumer Cyclical	4.0%	-
Basic Materials	0.9%	100.0%
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

RAYS 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: 47
SLV Sharpe Ratio Rank: 54
SLV Sortino Ratio Rank: 40
SLV Omega Ratio Rank: 56
SLV Calmar Ratio Rank: 52
SLV Martin Ratio Rank: 36

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.

RAYS vs. SLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Solar ETF (RAYS) 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

	RAYS	SLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.25	—

Drawdowns

RAYS vs. SLV - Drawdown Comparison

The maximum RAYS drawdown since its inception was 0.00%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for RAYS and SLV.

Drawdown Indicators

	RAYS	SLV	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-76.28%	+76.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-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	0.00%	-37.30%	+37.30%
Average Drawdown Average peak-to-trough decline	0.00%	-44.67%	+44.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.67%	—

Volatility

Volatility by Period

	RAYS	SLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	58.90%	-58.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	36.15%	-36.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	31.84%	-31.84%

RAYS vs. SLV - Expense Ratio Comparison

Both RAYS and SLV have an expense ratio of 0.50%.

Dividends

RAYS vs. SLV - Dividend Comparison

Neither RAYS nor SLV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, RAYS or SLV?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAYS or SLV?

RAYS and SLV have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, RAYS or SLV?

RAYS and SLV have nearly identical dividend yields, around 0.00%.

What is the main difference between RAYS and SLV?

RAYS is categorized as Alternative Energy Equities, while SLV is Silver. RAYS tracks Solactive Solar Index, while SLV tracks LBMA Silver Price. They also come from different issuers: Global X and iShares.