SILV vs. SPMO
Compare and contrast key facts about SilverCrest Metals Inc (SILV) and Invesco S&P 500® Momentum ETF (SPMO).
SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILV or SPMO.
Correlation
The correlation between SILV and SPMO is 0.19, 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
SILV vs. SPMO - Performance Comparison
Key characteristics
SILV:
1.11
SPMO:
2.70
SILV:
1.81
SPMO:
3.51
SILV:
1.20
SPMO:
1.47
SILV:
1.02
SPMO:
3.78
SILV:
5.26
SPMO:
15.27
SILV:
11.57%
SPMO:
3.25%
SILV:
54.61%
SPMO:
18.39%
SILV:
-69.92%
SPMO:
-30.95%
SILV:
-20.16%
SPMO:
0.00%
Returns By Period
In the year-to-date period, SILV achieves a 8.35% return, which is significantly higher than SPMO's 3.83% return.
SILV
8.35%
6.14%
7.88%
67.40%
8.48%
N/A
SPMO
3.83%
4.81%
14.56%
47.45%
19.27%
N/A
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Risk-Adjusted Performance
SILV vs. SPMO — Risk-Adjusted Performance Rank
SILV
SPMO
SILV vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SilverCrest Metals Inc (SILV) and Invesco S&P 500® Momentum ETF (SPMO). 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
SILV vs. SPMO - Dividend Comparison
SILV has not paid dividends to shareholders, while SPMO's dividend yield for the trailing twelve months is around 0.46%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SPMO Invesco S&P 500® Momentum ETF | 0.46% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% |
Drawdowns
SILV vs. SPMO - Drawdown Comparison
The maximum SILV drawdown since its inception was -69.92%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for SILV and SPMO. For additional features, visit the drawdowns tool.
Volatility
SILV vs. SPMO - Volatility Comparison
SilverCrest Metals Inc (SILV) has a higher volatility of 16.41% compared to Invesco S&P 500® Momentum ETF (SPMO) at 5.54%. This indicates that SILV's price experiences larger fluctuations and is considered to be riskier than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.