SILV vs. URNM

Last updated Aug 1, 2026

SILV (SilverCrest Metals Inc) is a stock, while URNM (Sprott Uranium Miners ETF) is Uranium fund tracking the VettaFi Global Uranium Miners Index. Their 0.32 correlation means their historical movements had little consistent relationship.

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

URNM

• 1D: -1.78%
• 1M: -8.06%
• 6M: -34.68%
• YTD: -11.51%
• 1Y: 12.09%
• 3Y*: 15.53%
• 5Y*: 13.97%
• 10Y*: —
• ALL TIME*: 25.97%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
URNM Sprott Uranium Miners ETF	$16.15M	$21.14M	$35.55M

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	-11.51%	40.78%	-14.13%	57.80%	-11.86%	78.32%	68.36%	4.05%

Correlation

The correlation between SILV and URNM is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.20
Correlation (5Y) Shows whether the relationship held over a longer period.	0.32
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019	0.32

The correlation between SILV and URNM shifts across timeframes, from 0.20 (3 years) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SILV vs. URNM — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

URNM

URNM Risk / Return Rank: 17
URNM Sharpe Ratio Rank: 16
URNM Sortino Ratio Rank: 20
URNM Omega Ratio Rank: 19
URNM Calmar Ratio Rank: 15
URNM Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

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	URNM	Difference
Sharpe ratio: Return per unit of total volatility	—	0.21	—
Sortino ratio: Return per unit of downside risk	—	0.69	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.26	—
Martin ratio: Return relative to average drawdown	—	0.54	—

Drawdowns

Drawdown Indicators

	SILV	URNM	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.78%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-43.89%	—
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	—	-42.17%	—
Average Drawdown Average peak-to-trough decline	—	-18.48%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.85%	—

Volatility

Volatility by Period

	SILV	URNM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	53.26%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	48.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	46.95%	—

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 3.59%.

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	3.59%	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 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.