SILJ vs. MAG

Last updated Jun 4, 2026

SILJ (Amplify Junior Silver Miners ETF) is Silver fund tracking the Nasdaq Junior Silver Miners Index, while MAG (MAG Silver Corp.) is a stock. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

SILJ vs. MAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Junior Silver Miners ETF (SILJ) and MAG Silver Corp. (MAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SILJ

• 1D: -5.24%
• 1M: 2.57%
• YTD: 6.61%
• 6M: 16.40%
• 1Y: 111.95%
• 3Y*: 47.77%
• 5Y*: 13.13%
• 10Y*: 10.08%

MAG

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SILJ vs. MAG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SILJ Amplify Junior Silver Miners ETF	6.61%	183.89%	6.39%	-5.21%	-15.42%	-23.21%	33.00%	57.06%	-27.95%	-5.65%
MAG MAG Silver Corp.	0.00%	85.31%	30.64%	-33.40%	-0.26%	-23.64%	73.31%	62.19%	-40.94%	12.06%

Correlation

The correlation between SILJ and MAG is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Nov 30, 2012	0.65

Over the past year, the correlation between SILJ and MAG has dropped to 0.32 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

Return for Risk

SILJ vs. MAG — Risk / Return Rank

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

SILJ

SILJ Risk / Return Rank: 54
SILJ Sharpe Ratio Rank: 59
SILJ Sortino Ratio Rank: 46
SILJ Omega Ratio Rank: 51
SILJ Calmar Ratio Rank: 64
SILJ Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SILJ vs. MAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Junior Silver Miners ETF (SILJ) and MAG Silver Corp. (MAG). 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.

	SILJ	MAG	Difference
Sharpe ratio Return per unit of total volatility	2.05	—	—
Sortino ratio Return per unit of downside risk	2.35	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	3.24	—	—
Martin ratio Return relative to average drawdown	7.99	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SILJ	MAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	—	—

Drawdowns

Drawdown Indicators

	SILJ	MAG	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-34.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-34.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-55.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.06%	—	—
Current Drawdown Current decline from peak	-26.80%	—	—
Average Drawdown Average peak-to-trough decline	-41.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	—	—

Volatility

Volatility by Period

	SILJ	MAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	54.90%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.35%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.24%	—	—

Dividends

SILJ vs. MAG - Dividend Comparison

SILJ's dividend yield for the trailing twelve months is around 1.88%, more than MAG's 0.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAG MAG Silver Corp.	0.59%	2.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SILJ Amplify Junior Silver Miners ETF	1.88%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both SILJ and MAG in my portfolio?

SILJ and MAG have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.