SILV vs. SIL

Last updated Jun 23, 2026

SILV (SilverCrest Metals Inc) is a stock, while SIL (Global X Silver Miners ETF) is Silver fund tracking the Solactive Global Silver Miners Total Return Index. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

SILV vs. SIL - Performance Comparison

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

Returns By Period

SILV

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

SIL

• 1D: -0.79%
• 1M: -5.72%
• YTD: -0.54%
• 6M: -4.65%
• 1Y: 76.80%
• 3Y*: 50.15%
• 5Y*: 15.21%
• 10Y*: 9.25%

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

SILV vs. SIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SILV SilverCrest Metals Inc	0.00%	26.92%	38.93%	9.17%	-24.15%	-29.25%	65.88%	130.03%	106.34%	-19.69%
SIL Global X Silver Miners ETF	-0.54%	166.16%	14.62%	1.31%	-22.83%	-18.35%	40.30%	34.78%	-22.42%	1.67%

Correlation

The correlation between SILV and SIL is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Oct 26, 2015	0.58

The correlation between SILV and SIL shifts across timeframes, from 0.55 (3 years) to 0.69 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SILV vs. SIL — Risk / Return Rank

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

SILV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SIL

SIL Risk / Return Rank: 40
SIL Sharpe Ratio Rank: 43
SIL Sortino Ratio Rank: 37
SIL Omega Ratio Rank: 40
SIL Calmar Ratio Rank: 43
SIL Martin Ratio Rank: 36

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.

SILV vs. SIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SilverCrest Metals Inc (SILV) and Global X Silver Miners ETF (SIL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SILV	SIL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.48	—
Sortino ratio: Return per unit of downside risk	—	1.88	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.08	—
Martin ratio: Return relative to average drawdown	—	5.34	—

Drawdowns

Drawdown Indicators

	SILV	SIL	Difference
Max Drawdown Largest peak-to-trough decline	—	-82.99%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-37.08%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-37.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.04%	—
Current Drawdown Current decline from peak	—	-29.62%	—
Average Drawdown Average peak-to-trough decline	—	-51.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.42%	—

Volatility

Volatility by Period

	SILV	SIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	52.38%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	39.76%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	39.87%	—

Dividends

SILV vs. SIL - Dividend Comparison

SILV has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 1.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIL Global X Silver Miners ETF	1.19%	1.18%	2.40%	0.59%	0.48%	1.59%	1.92%	1.53%	1.21%	0.02%	3.34%	0.38%
SILV SilverCrest Metals Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SILV and SIL in my portfolio?

SILV and SIL have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.