SILK vs. SLV
Compare and contrast key facts about Silk Road Medical, Inc (SILK) and iShares Silver Trust (SLV).
SLV is a passively managed fund by iShares that tracks the performance of the Silver Bullion. It was launched on Apr 28, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILK or SLV.
Key characteristics
| SILK | SLV | |
|---|---|---|
| YTD Return | 58.44% | 10.42% |
| 1Y Return | -56.01% | 5.07% |
| 3Y Return (Ann) | -31.82% | 0.11% |
| 5Y Return (Ann) | -13.07% | 12.08% |
| Sharpe Ratio | -0.68 | 0.18 |
| Daily Std Dev | 81.80% | 25.05% |
| Max Drawdown | -91.01% | -76.28% |
| Current Drawdown | -72.20% | -48.75% |
Correlation
The correlation between SILK and SLV is 0.10, 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
SILK vs. SLV - Performance Comparison
In the year-to-date period, SILK achieves a 58.44% return, which is significantly higher than SLV's 10.42% 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
SILK vs. SLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Silk Road Medical, Inc (SILK) 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.
Dividends
SILK vs. SLV - Dividend Comparison
Neither SILK nor SLV has paid dividends to shareholders.
Drawdowns
SILK vs. SLV - Drawdown Comparison
The maximum SILK drawdown since its inception was -91.01%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for SILK and SLV. For additional features, visit the drawdowns tool.
Volatility
SILK vs. SLV - Volatility Comparison
Silk Road Medical, Inc (SILK) has a higher volatility of 12.94% compared to iShares Silver Trust (SLV) at 10.22%. This indicates that SILK'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.