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

Correlation

The correlation between SIL and SLVP is 0.22, 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. SLVP - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SIL:

0.53

SLVP:

0.42

Sortino Ratio

SIL:

0.98

SLVP:

0.88

Omega Ratio

SIL:

1.12

SLVP:

1.11

Calmar Ratio

SIL:

0.33

SLVP:

0.36

Martin Ratio

SIL:

1.89

SLVP:

1.47

Ulcer Index

SIL:

11.08%

SLVP:

12.01%

Daily Std Dev

SIL:

39.09%

SLVP:

43.21%

Max Drawdown

SIL:

-82.99%

SLVP:

-80.47%

Current Drawdown

SIL:

-50.92%

SLVP:

-34.50%

Returns By Period

In the year-to-date period, SIL achieves a 22.63% return, which is significantly lower than SLVP's 24.09% return. Over the past 10 years, SIL has underperformed SLVP with an annualized return of 4.43%, while SLVP has yielded a comparatively higher 5.82% annualized return.


SIL

YTD

22.63%

1M

-5.00%

6M

15.24%

1Y

20.59%

5Y*

3.51%

10Y*

4.43%

SLVP

YTD

24.09%

1M

-9.88%

6M

14.20%

1Y

18.05%

5Y*

4.71%

10Y*

5.82%

*Annualized

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SIL vs. SLVP - Expense Ratio Comparison

SIL has a 0.65% expense ratio, which is higher than SLVP's 0.39% expense ratio.


Risk-Adjusted Performance

SIL vs. SLVP — 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 5050
Overall Rank
The Sharpe Ratio Rank of SIL is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of SIL is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SIL is 5151
Omega Ratio Rank
The Calmar Ratio Rank of SIL is 3838
Calmar Ratio Rank
The Martin Ratio Rank of SIL is 5353
Martin Ratio Rank

SLVP
The Risk-Adjusted Performance Rank of SLVP is 4444
Overall Rank
The Sharpe Ratio Rank of SLVP is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of SLVP is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SLVP is 4444
Omega Ratio Rank
The Calmar Ratio Rank of SLVP is 4141
Calmar Ratio Rank
The Martin Ratio Rank of SLVP is 4444
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. SLVP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners ETF (SIL) and iShares MSCI Global Silver Miners ETF (SLVP). 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 0.53, which is comparable to the SLVP Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of SIL and SLVP, 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. SLVP - Dividend Comparison

SIL's dividend yield for the trailing twelve months is around 1.96%, more than SLVP's 0.85% yield.


TTM20242023202220212020201920182017201620152014
SIL
Global X Silver Miners ETF
1.96%2.40%0.59%0.48%1.59%1.92%1.53%1.22%0.02%3.34%0.38%0.08%
SLVP
iShares MSCI Global Silver Miners ETF
0.85%1.05%0.88%0.63%1.63%2.39%2.03%1.28%0.85%2.32%0.72%2.03%

Drawdowns

SIL vs. SLVP - Drawdown Comparison

The maximum SIL drawdown since its inception was -82.99%, roughly equal to the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for SIL and SLVP. For additional features, visit the drawdowns tool.


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Volatility

SIL vs. SLVP - Volatility Comparison

The current volatility for Global X Silver Miners ETF (SIL) is 11.82%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 13.95%. This indicates that SIL experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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