SILG.L vs. SILJ
Compare and contrast key facts about Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) and ETFMG Prime Junior Silver Miners ETF (SILJ).
SILG.L and SILJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SILG.L is a passively managed fund by Global X that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on May 6, 2022. SILJ is a passively managed fund by ETFMG that tracks the performance of the Prime Junior Silver Miners & Explorers Index. It was launched on Nov 28, 2012. Both SILG.L and SILJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILG.L or SILJ.
Key characteristics
| SILG.L | SILJ | |
|---|---|---|
| YTD Return | 23.02% | 22.40% |
| 1Y Return | 44.94% | 53.59% |
| Sharpe Ratio | 0.79 | 1.31 |
| Sortino Ratio | 1.41 | 1.93 |
| Omega Ratio | 1.22 | 1.23 |
| Calmar Ratio | 1.31 | 0.88 |
| Martin Ratio | 2.99 | 5.11 |
| Ulcer Index | 13.95% | 10.30% |
| Daily Std Dev | 52.60% | 40.06% |
| Max Drawdown | -32.00% | -79.04% |
| Current Drawdown | -14.66% | -36.92% |
Correlation
The correlation between SILG.L and SILJ is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SILG.L vs. SILJ - Performance Comparison
The year-to-date returns for both stocks are quite close, with SILG.L having a 23.02% return and SILJ slightly lower at 22.40%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SILG.L vs. SILJ - Expense Ratio Comparison
SILG.L has a 0.65% expense ratio, which is lower than SILJ's 0.69% expense ratio.
Risk-Adjusted Performance
SILG.L vs. SILJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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.
Dividends
SILG.L vs. SILJ - Dividend Comparison
SILG.L has not paid dividends to shareholders, while SILJ's dividend yield for the trailing twelve months is around 0.01%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILG.L Global X Silver Miners UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SILJ ETFMG Prime Junior Silver Miners ETF | 0.01% | 0.01% | 0.06% | 0.36% | 1.23% | 1.45% | 1.65% | 0.00% | 0.52% | 2.45% | 0.00% | 0.10% |
Drawdowns
SILG.L vs. SILJ - Drawdown Comparison
The maximum SILG.L drawdown since its inception was -32.00%, smaller than the maximum SILJ drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for SILG.L and SILJ. For additional features, visit the drawdowns tool.
Volatility
SILG.L vs. SILJ - Volatility Comparison
Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a higher volatility of 13.83% compared to ETFMG Prime Junior Silver Miners ETF (SILJ) at 13.16%. This indicates that SILG.L's price experiences larger fluctuations and is considered to be riskier than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.