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.
SI=F vs. AG
Compare and contrast key facts about Silver (SI=F) and First Majestic Silver Corp. (AG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SI=F or AG.
Performance
SI=F vs. AG - Performance Comparison
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Key characteristics
SI=F:
0.15
AG:
-0.22
SI=F:
0.64
AG:
0.09
SI=F:
1.08
AG:
1.01
SI=F:
0.24
AG:
-0.17
SI=F:
1.27
AG:
-0.61
SI=F:
8.24%
AG:
22.99%
SI=F:
31.56%
AG:
62.35%
SI=F:
-91.54%
AG:
-90.20%
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
14.19%
1.16%
9.24%
4.90%
14.68%
13.14%
7.17%
AG
12.60%
-0.24%
0.68%
-13.65%
-9.44%
-7.67%
2.33%
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Risk-Adjusted Performance
SI=F vs. AG — Risk-Adjusted Performance Rank
SI=F
AG
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.
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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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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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