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SIL vs. SLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SIL and SLV is 0.18, 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

SIL vs. SLV - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SIL:

0.52

SLV:

0.30

Sortino Ratio

SIL:

1.09

SLV:

0.87

Omega Ratio

SIL:

1.13

SLV:

1.11

Calmar Ratio

SIL:

0.38

SLV:

0.30

Martin Ratio

SIL:

2.19

SLV:

1.65

Ulcer Index

SIL:

11.09%

SLV:

8.95%

Daily Std Dev

SIL:

39.09%

SLV:

30.80%

Max Drawdown

SIL:

-82.99%

SLV:

-76.28%

Current Drawdown

SIL:

-50.14%

SLV:

-37.35%

Returns By Period

In the year-to-date period, SIL achieves a 24.58% return, which is significantly higher than SLV's 12.46% return. Over the past 10 years, SIL has underperformed SLV with an annualized return of 4.51%, while SLV has yielded a comparatively higher 5.79% annualized return.


SIL

YTD

24.58%

1M

-4.09%

6M

14.98%

1Y

20.11%

5Y*

3.84%

10Y*

4.51%

SLV

YTD

12.46%

1M

0.68%

6M

6.47%

1Y

9.18%

5Y*

13.85%

10Y*

5.79%

*Annualized

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SIL vs. SLV - Expense Ratio Comparison

SIL has a 0.65% expense ratio, which is higher than SLV's 0.50% expense ratio.


Risk-Adjusted Performance

SIL vs. SLV — Risk-Adjusted Performance Rank

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

SIL
The Risk-Adjusted Performance Rank of SIL is 5757
Overall Rank
The Sharpe Ratio Rank of SIL is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of SIL is 6666
Sortino Ratio Rank
The Omega Ratio Rank of SIL is 5959
Omega Ratio Rank
The Calmar Ratio Rank of SIL is 4646
Calmar Ratio Rank
The Martin Ratio Rank of SIL is 6060
Martin Ratio Rank

SLV
The Risk-Adjusted Performance Rank of SLV is 4545
Overall Rank
The Sharpe Ratio Rank of SLV is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of SLV is 5353
Sortino Ratio Rank
The Omega Ratio Rank of SLV is 4848
Omega Ratio Rank
The Calmar Ratio Rank of SLV is 3939
Calmar Ratio Rank
The Martin Ratio Rank of SLV is 5050
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.

SIL vs. SLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners ETF (SIL) 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.


The current SIL Sharpe Ratio is 0.52, which is higher than the SLV Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of SIL and SLV, 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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Dividends

SIL vs. SLV - Dividend Comparison

SIL's dividend yield for the trailing twelve months is around 1.93%, while SLV has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
SIL
Global X Silver Miners ETF
1.93%2.40%0.59%0.48%1.59%1.92%1.53%1.22%0.02%3.34%0.38%0.08%
SLV
iShares Silver Trust
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

SIL vs. SLV - Drawdown Comparison

The maximum SIL drawdown since its inception was -82.99%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for SIL and SLV. For additional features, visit the drawdowns tool.


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Volatility

SIL vs. SLV - Volatility Comparison

Global X Silver Miners ETF (SIL) has a higher volatility of 11.93% compared to iShares Silver Trust (SLV) at 6.91%. This indicates that SIL'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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