SILJ vs. BSM
Compare and contrast key facts about ETFMG Prime Junior Silver Miners ETF (SILJ) and Black Stone Minerals, L.P. (BSM).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILJ or BSM.
Key characteristics
| SILJ | BSM | |
|---|---|---|
| YTD Return | 17.50% | 0.95% |
| 1Y Return | 13.10% | 12.17% |
| 3Y Return (Ann) | -10.10% | 27.35% |
| 5Y Return (Ann) | 10.30% | 7.27% |
| Sharpe Ratio | 0.38 | 0.59 |
| Daily Std Dev | 35.35% | 20.01% |
| Max Drawdown | -79.04% | -75.59% |
| Current Drawdown | -39.45% | -9.86% |
Correlation
The correlation between SILJ and BSM is 0.17, 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
SILJ vs. BSM - Performance Comparison
In the year-to-date period, SILJ achieves a 17.50% return, which is significantly higher than BSM's 0.95% return. 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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Risk-Adjusted Performance
SILJ vs. BSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Junior Silver Miners ETF (SILJ) and Black Stone Minerals, L.P. (BSM). 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
SILJ vs. BSM - Dividend Comparison
SILJ's dividend yield for the trailing twelve months is around 0.01%, less than BSM's 11.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILJ ETFMG Prime Junior Silver Miners ETF | 0.01% | 0.01% | 0.05% | 0.36% | 1.23% | 1.45% | 1.66% | 0.00% | 0.52% | 2.46% | 0.00% | 0.10% |
BSM Black Stone Minerals, L.P. | 11.52% | 11.90% | 9.13% | 8.21% | 10.13% | 11.58% | 8.57% | 6.66% | 5.83% | 2.92% | 0.00% | 0.00% |
Drawdowns
SILJ vs. BSM - Drawdown Comparison
The maximum SILJ drawdown since its inception was -79.04%, roughly equal to the maximum BSM drawdown of -75.59%. Use the drawdown chart below to compare losses from any high point for SILJ and BSM. For additional features, visit the drawdowns tool.
Volatility
SILJ vs. BSM - Volatility Comparison
ETFMG Prime Junior Silver Miners ETF (SILJ) has a higher volatility of 10.65% compared to Black Stone Minerals, L.P. (BSM) at 6.09%. This indicates that SILJ's price experiences larger fluctuations and is considered to be riskier than BSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.