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SI=F vs. AG
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SI=F and AG is 0.13, 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

SI=F vs. AG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Silver (SI=F) and First Majestic Silver Corp. (AG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SI=F:

0.15

AG:

-0.22

Sortino Ratio

SI=F:

0.64

AG:

0.09

Omega Ratio

SI=F:

1.08

AG:

1.01

Calmar Ratio

SI=F:

0.24

AG:

-0.17

Martin Ratio

SI=F:

1.27

AG:

-0.61

Ulcer Index

SI=F:

8.24%

AG:

22.99%

Daily Std Dev

SI=F:

31.56%

AG:

62.35%

Max Drawdown

SI=F:

-91.54%

AG:

-90.20%

Current Drawdown

SI=F:

-31.29%

AG:

-75.61%

Returns By Period

In the year-to-date period, SI=F achieves a 14.19% return, which is significantly higher than AG's 12.60% return. Over the past 10 years, SI=F has outperformed AG with an annualized return of 7.17%, while AG has yielded a comparatively lower 2.33% annualized return.


SI=F

YTD

14.19%

1M

1.16%

6M

9.24%

1Y

4.90%

3Y*

14.68%

5Y*

13.14%

10Y*

7.17%

AG

YTD

12.60%

1M

-0.24%

6M

0.68%

1Y

-13.65%

3Y*

-9.44%

5Y*

-7.67%

10Y*

2.33%

*Annualized

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Silver

First Majestic Silver Corp.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

SI=F vs. AG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SI=F
The Risk-Adjusted Performance Rank of SI=F is 5353
Overall Rank
The Sharpe Ratio Rank of SI=F is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of SI=F is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SI=F is 5656
Omega Ratio Rank
The Calmar Ratio Rank of SI=F is 4949
Calmar Ratio Rank
The Martin Ratio Rank of SI=F is 5858
Martin Ratio Rank

AG
The Risk-Adjusted Performance Rank of AG is 3939
Overall Rank
The Sharpe Ratio Rank of AG is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of AG is 3939
Sortino Ratio Rank
The Omega Ratio Rank of AG is 3939
Omega Ratio Rank
The Calmar Ratio Rank of AG is 4141
Calmar Ratio Rank
The Martin Ratio Rank of AG is 3838
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SI=F vs. AG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Silver (SI=F) and First Majestic Silver Corp. (AG). 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.


The current SI=F Sharpe Ratio is 0.15, which is higher than the AG Sharpe Ratio of -0.22. The chart below compares the historical Sharpe Ratios of SI=F and AG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

SI=F vs. AG - Drawdown Comparison

The maximum SI=F drawdown since its inception was -91.54%, roughly equal to the maximum AG drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for SI=F and AG.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SI=F vs. AG - Volatility Comparison

The current volatility for Silver (SI=F) is 5.68%, while First Majestic Silver Corp. (AG) has a volatility of 19.07%. This indicates that SI=F experiences smaller price fluctuations and is considered to be less risky than AG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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