SIVR vs. CGAU
SIVR (abrdn Physical Silver Shares ETF) is Silver fund tracking the LBMA Silver Price ($/ozt), while CGAU (Centerra Gold Inc) is a stock. Over the past 5 years, SIVR returned 17.63%/yr vs 18.60%/yr for CGAU. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
SIVR vs. CGAU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SIVR achieves a -16.16% return, which is significantly lower than CGAU's 13.53% return.
SIVR
- 1D
- -0.33%
- 1M
- -11.29%
- 6M
- -25.37%
- YTD
- -16.16%
- 1Y
- 54.52%
- 3Y*
- 36.76%
- 5Y*
- 17.63%
- 10Y*
- 11.16%
CGAU
- 1D
- 0.06%
- 1M
- 3.84%
- 6M
- 6.21%
- YTD
- 13.53%
- 1Y
- 125.65%
- 3Y*
- 41.80%
- 5Y*
- 18.60%
- 10Y*
- —
SIVR vs. CGAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SIVR abrdn Physical Silver Shares ETF | -16.16% | 145.34% | 21.08% | -0.91% | 2.59% | -8.68% |
CGAU Centerra Gold Inc | 13.53% | 159.49% | -1.45% | 19.37% | -32.55% | -14.48% |
Correlation
The correlation between SIVR and CGAU is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.61 |
The correlation between SIVR and CGAU has been stable across timeframes, ranging from 0.61 to 0.70 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SIVR vs. CGAU — Risk / Return Rank
SIVR
CGAU
SIVR vs. CGAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Silver Shares ETF (SIVR) and Centerra Gold Inc (CGAU). 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.
| SIVR | CGAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.36 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 4.42 | -3.23 |
| Martin ratioReturn relative to average drawdown | 2.49 | 11.31 | -8.82 |
Loading charts...
Drawdowns
SIVR vs. CGAU - Drawdown Comparison
The maximum SIVR drawdown since its inception was -75.85%, which is greater than CGAU's maximum drawdown of -63.47%. Use the drawdown chart below to compare losses from any high point for SIVR and CGAU.
Loading charts...
Drawdown Indicators
| SIVR | CGAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.85% | -63.47% | -12.38% |
Max Drawdown (1Y)Largest decline over 1 year | -50.92% | -29.50% | -21.42% |
Max Drawdown (3Y)Largest decline over 3 years | -50.92% | -30.24% | -20.68% |
Max Drawdown (5Y)Largest decline over 5 years | -50.92% | -63.47% | +12.55% |
Max Drawdown (10Y)Largest decline over 10 years | -50.92% | — | — |
Current DrawdownCurrent decline from peak | -48.85% | -22.42% | -26.43% |
Average DrawdownAverage peak-to-trough decline | -47.83% | -29.49% | -18.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.36% | 11.52% | +12.84% |
Volatility
SIVR vs. CGAU - Volatility Comparison
The current volatility for abrdn Physical Silver Shares ETF (SIVR) is 14.32%, while Centerra Gold Inc (CGAU) has a volatility of 15.89%. This indicates that SIVR experiences smaller price fluctuations and is considered to be less risky than CGAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SIVR | CGAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.32% | 15.89% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 57.41% | 43.07% | +14.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.96% | 52.55% | +8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.83% | 47.18% | -10.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.18% | 48.83% | -16.65% |
Dividends
SIVR vs. CGAU - Dividend Comparison
SIVR has not paid dividends to shareholders, while CGAU's dividend yield for the trailing twelve months is around 1.25%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CGAU Centerra Gold Inc | 1.25% | 1.39% | 3.59% | 3.45% |
SIVR abrdn Physical Silver Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIVR and CGAU have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGAU has higher volatility (15.89%) compared to SIVR (14.32%). In terms of maximum drawdown, SIVR dropped -75.85% vs CGAU's -63.47%.
CGAU currently has the higher Sharpe Ratio (2.48 vs 1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SIVR and CGAU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer