PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SILV vs. SPMO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SILVSPMO
YTD Return45.50%47.91%
1Y Return78.46%57.54%
3Y Return (Ann)-0.59%15.44%
5Y Return (Ann)12.88%20.47%
Sharpe Ratio1.663.40
Sortino Ratio2.344.38
Omega Ratio1.271.61
Calmar Ratio1.464.57
Martin Ratio7.0519.03
Ulcer Index12.33%3.16%
Daily Std Dev52.27%17.69%
Max Drawdown-69.92%-30.95%
Current Drawdown-22.83%-0.33%

Correlation

-0.50.00.51.00.2

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

In the year-to-date period, SILV achieves a 45.50% return, which is significantly lower than SPMO's 47.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
5.07%
19.61%
SILV
SPMO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

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.


SILV
Sharpe ratio
The chart of Sharpe ratio for SILV, currently valued at 1.66, compared to the broader market-4.00-2.000.002.004.001.66
Sortino ratio
The chart of Sortino ratio for SILV, currently valued at 2.34, compared to the broader market-4.00-2.000.002.004.006.002.34
Omega ratio
The chart of Omega ratio for SILV, currently valued at 1.27, compared to the broader market0.501.001.502.001.27
Calmar ratio
The chart of Calmar ratio for SILV, currently valued at 1.46, compared to the broader market0.002.004.006.001.46
Martin ratio
The chart of Martin ratio for SILV, currently valued at 7.05, compared to the broader market0.0010.0020.0030.007.05
SPMO
Sharpe ratio
The chart of Sharpe ratio for SPMO, currently valued at 3.40, compared to the broader market-4.00-2.000.002.004.003.40
Sortino ratio
The chart of Sortino ratio for SPMO, currently valued at 4.38, compared to the broader market-4.00-2.000.002.004.006.004.38
Omega ratio
The chart of Omega ratio for SPMO, currently valued at 1.61, compared to the broader market0.501.001.502.001.61
Calmar ratio
The chart of Calmar ratio for SPMO, currently valued at 4.57, compared to the broader market0.002.004.006.004.57
Martin ratio
The chart of Martin ratio for SPMO, currently valued at 19.03, compared to the broader market0.0010.0020.0030.0019.03

SILV vs. SPMO - Sharpe Ratio Comparison

The current SILV Sharpe Ratio is 1.66, which is lower than the SPMO Sharpe Ratio of 3.40. The chart below compares the historical Sharpe Ratios of SILV and SPMO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
1.66
3.40
SILV
SPMO

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 0.44%.


TTM202320222021202020192018201720162015
SILV
SilverCrest Metals Inc
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
0.44%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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-22.83%
-0.33%
SILV
SPMO

Volatility

SILV vs. SPMO - Volatility Comparison

SilverCrest Metals Inc (SILV) has a higher volatility of 18.65% compared to Invesco S&P 500® Momentum ETF (SPMO) at 4.64%. 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.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
18.65%
4.64%
SILV
SPMO