SILV vs. URNM

Last updated Jun 5, 2026

SILV (SilverCrest Metals Inc) is a stock, while URNM (Sprott Uranium Miners ETF) is Commodity Producers Equities fund tracking the VettaFi Global Uranium Miners Index. At a 0.33 correlation, their price movements are largely independent.

Performance

SILV vs. URNM - Performance Comparison

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

Returns By Period

SILV

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

URNM

• 1D: -0.67%
• 1M: -5.82%
• YTD: 11.22%
• 6M: 4.99%
• 1Y: 49.43%
• 3Y*: 26.12%
• 5Y*: 15.43%
• 10Y*: —

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

SILV vs. URNM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SILV SilverCrest Metals Inc	0.00%	26.92%	38.93%	9.17%	-24.15%	-29.25%	65.88%	10.31%
URNM Sprott Uranium Miners ETF	11.22%	40.78%	-14.13%	57.80%	-11.86%	78.32%	68.36%	3.70%

Correlation

The correlation between SILV and URNM is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Dec 5, 2019	0.33

The correlation between SILV and URNM shifts across timeframes, from 0.23 (3 years) to 0.34 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SILV vs. URNM — Risk / Return Rank

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

URNM

URNM Risk / Return Rank: 29
URNM Sharpe Ratio Rank: 28
URNM Sortino Ratio Rank: 30
URNM Omega Ratio Rank: 28
URNM Calmar Ratio Rank: 32
URNM Martin Ratio Rank: 26

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. URNM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SilverCrest Metals Inc (SILV) and Sprott Uranium Miners ETF (URNM). 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.

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

Sharpe Ratios by Period

	SILV	URNM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.67	—

Drawdowns

Drawdown Indicators

	SILV	URNM	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.78%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-32.04%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.78%	—
Current Drawdown Current decline from peak	—	-27.31%	—
Average Drawdown Average peak-to-trough decline	—	-18.03%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.81%	—

Volatility

Volatility by Period

	SILV	URNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	51.44%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	48.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	46.89%	—

Dividends

SILV vs. URNM - Dividend Comparison

SILV has not paid dividends to shareholders, while URNM's dividend yield for the trailing twelve months is around 2.86%.

Position	TTM	2025	2024	2023	2022	2021	2020
SILV SilverCrest Metals Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URNM Sprott Uranium Miners ETF	2.86%	3.18%	3.18%	3.63%	0.00%	6.70%	2.57%

Frequently Asked Questions

Can I hold both SILV and URNM in my portfolio?

SILV and URNM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.