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SILV vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SILV and SPY 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.


-0.50.00.51.00.2

Performance

SILV vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SilverCrest Metals Inc (SILV) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
13.06%
8.39%
SILV
SPY

Key characteristics

Sharpe Ratio

SILV:

0.82

SPY:

2.17

Sortino Ratio

SILV:

1.47

SPY:

2.88

Omega Ratio

SILV:

1.17

SPY:

1.41

Calmar Ratio

SILV:

0.74

SPY:

3.19

Martin Ratio

SILV:

3.39

SPY:

14.10

Ulcer Index

SILV:

13.00%

SPY:

1.90%

Daily Std Dev

SILV:

53.82%

SPY:

12.39%

Max Drawdown

SILV:

-69.92%

SPY:

-55.19%

Current Drawdown

SILV:

-24.66%

SPY:

-3.19%

Returns By Period

In the year-to-date period, SILV achieves a 42.06% return, which is significantly higher than SPY's 24.97% return.


SILV

YTD

42.06%

1M

-10.61%

6M

8.96%

1Y

44.04%

5Y*

8.51%

10Y*

N/A

SPY

YTD

24.97%

1M

-0.32%

6M

8.25%

1Y

26.85%

5Y*

14.57%

10Y*

12.92%

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Risk-Adjusted Performance

SILV vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SilverCrest Metals Inc (SILV) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for SILV, currently valued at 0.82, compared to the broader market-4.00-2.000.002.000.822.17
The chart of Sortino ratio for SILV, currently valued at 1.47, compared to the broader market-4.00-2.000.002.004.001.472.88
The chart of Omega ratio for SILV, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.41
The chart of Calmar ratio for SILV, currently valued at 0.74, compared to the broader market0.002.004.006.000.743.19
The chart of Martin ratio for SILV, currently valued at 3.39, compared to the broader market-5.000.005.0010.0015.0020.0025.003.3914.10
SILV
SPY

The current SILV Sharpe Ratio is 0.82, which is lower than the SPY Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of SILV and SPY, 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 Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
0.82
2.17
SILV
SPY

Dividends

SILV vs. SPY - Dividend Comparison

SILV has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.


TTM20232022202120202019201820172016201520142013
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%
SPY
SPDR S&P 500 ETF
0.87%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

SILV vs. SPY - Drawdown Comparison

The maximum SILV drawdown since its inception was -69.92%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SILV and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.66%
-3.19%
SILV
SPY

Volatility

SILV vs. SPY - Volatility Comparison

SilverCrest Metals Inc (SILV) has a higher volatility of 18.51% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that SILV's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
18.51%
3.64%
SILV
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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