SIVR vs. IDMO

Last updated Aug 1, 2026

SIVR (abrdn Physical Silver Shares ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt), while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, SIVR returned 10.56%/yr vs 12.52%/yr for IDMO. Their 0.24 correlation means their historical movements had little consistent relationship. SIVR charges 0.30%/yr vs 0.25%/yr for IDMO.

Performance

SIVR vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Physical Silver Shares ETF (SIVR) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIVR achieves a -18.61% return, which is significantly lower than IDMO's 10.66% return. Over the past 10 years, SIVR has underperformed IDMO with an annualized return of 10.56%, while IDMO has yielded a comparatively higher 12.52% annualized return.

SIVR

• 1D: -2.08%
• 1M: -2.25%
• 6M: -30.49%
• YTD: -18.61%
• 1Y: 57.47%
• 3Y*: 33.21%
• 5Y*: 17.49%
• 10Y*: 10.56%
• ALL TIME*: 8.45%

IDMO

• 1D: 0.10%
• 1M: 1.32%
• 6M: 6.43%
• YTD: 10.66%
• 1Y: 23.95%
• 3Y*: 25.15%
• 5Y*: 15.47%
• 10Y*: 12.52%
• ALL TIME*: 9.05%

*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)
IDMO Invesco S&P International Developed Momentum ETF	$22.05M	$20.41M	$22.89M
SIVR abrdn Physical Silver Shares ETF	$49.50M	$48.83M	$86.59M

SIVR vs. IDMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIVR abrdn Physical Silver Shares ETF	-18.61%	145.34%	21.08%	-0.91%	2.59%	-12.33%	47.52%	15.17%	-8.96%	5.97%
IDMO Invesco S&P International Developed Momentum ETF	10.66%	42.17%	12.79%	20.16%	-12.03%	14.31%	22.01%	26.09%	-16.66%	29.21%

Correlation

The correlation between SIVR and IDMO is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (3Y) Balances recent behavior with more history.	0.39
Correlation (5Y) Shows whether the relationship held over a longer period.	0.38
Correlation (10Y) Provides a long-term view across more market conditions.	0.30
Correlation (All Time) Calculated using the full available price history since Feb 24, 2012	0.24

Over the past year, SIVR and IDMO have become more correlated (0.51) than their long-term average of 0.24, meaning their price movements have been converging.

Return for Risk

SIVR vs. IDMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SIVR

SIVR Risk / Return Rank: 36
SIVR Sharpe Ratio Rank: 38
SIVR Sortino Ratio Rank: 37
SIVR Omega Ratio Rank: 47
SIVR Calmar Ratio Rank: 33
SIVR Martin Ratio Rank: 26

IDMO

IDMO Risk / Return Rank: 55
IDMO Sharpe Ratio Rank: 52
IDMO Sortino Ratio Rank: 54
IDMO Omega Ratio Rank: 52
IDMO Calmar Ratio Rank: 56
IDMO Martin Ratio Rank: 63

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.

SIVR vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Physical Silver Shares ETF (SIVR) and Invesco S&P International Developed Momentum ETF (IDMO). 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	IDMO	Difference
Sharpe ratio: Return per unit of total volatility	0.94	1.25	-0.31
Sortino ratio: Return per unit of downside risk	1.38	1.88	-0.50
Omega ratio: Gain probability vs. loss probability	1.22	1.23	-0.02
Calmar ratio: Return relative to maximum drawdown	1.10	1.95	-0.85
Martin ratio: Return relative to average drawdown	2.11	7.47	-5.35

SIVR vs. IDMO - Sharpe Ratio Comparison

The current SIVR Sharpe Ratio is 0.94, which is comparable to the IDMO Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of SIVR and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SIVR vs. IDMO - Drawdown Comparison

The maximum SIVR drawdown since its inception was -75.85%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for SIVR and IDMO.

Drawdown Indicators

	SIVR	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-75.85%	-39.38%	-36.47%
Max Drawdown (1Y) Largest decline over 1 year	-52.27%	-12.31%	-39.96%
Max Drawdown (3Y) Largest decline over 3 years	-52.27%	-12.65%	-39.62%
Max Drawdown (5Y) Largest decline over 5 years	-52.27%	-27.07%	-25.20%
Max Drawdown (10Y) Largest decline over 10 years	-52.27%	-31.34%	-20.93%
Current Drawdown Current decline from peak	-50.35%	-1.81%	-48.54%
Average Drawdown Average peak-to-trough decline	-47.84%	-9.68%	-38.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.28%	3.22%	+24.06%

Volatility

SIVR vs. IDMO - Volatility Comparison

abrdn Physical Silver Shares ETF (SIVR) has a higher volatility of 11.28% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 7.12%. This indicates that SIVR's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIVR	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.28%	7.12%	+4.16%
Volatility (6M) Calculated over the trailing 6-month period	55.47%	17.57%	+37.90%
Volatility (1Y) Calculated over the trailing 1-year period	61.33%	19.20%	+42.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.00%	18.24%	+18.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.26%	17.97%	+14.29%

SIVR vs. IDMO - Expense Ratio Comparison

SIVR has a 0.30% expense ratio, which is higher than IDMO's 0.25% expense ratio.

Dividends

SIVR vs. IDMO - Dividend Comparison

SIVR has not paid dividends to shareholders, while IDMO's dividend yield for the trailing twelve months is around 3.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDMO Invesco S&P International Developed Momentum ETF	3.61%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%
SIVR abrdn Physical Silver Shares ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SIVR and IDMO in my portfolio?

SIVR and IDMO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIVR or IDMO?

SIVR has higher volatility (11.28%) compared to IDMO (7.12%). In terms of maximum drawdown, SIVR dropped -75.85% vs IDMO's -39.38%.

Which ETF is better, SIVR or IDMO?

On 10-year performance, IDMO leads with 12.52% vs 10.56% for SIVR. On fees, IDMO is cheaper at 0.25% per year. On volatility, IDMO has been the lower-risk option at 7.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SIVR or IDMO?

Over the 10-year period, IDMO has performed better with a 12.52% return vs 10.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SIVR or IDMO?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.30% for SIVR.

Which ETF pays a higher dividend yield, SIVR or IDMO?

IDMO has the higher dividend yield at 3.61%, compared with 0.00% for SIVR.

What is the main difference between SIVR and IDMO?

SIVR is categorized as Silver, while IDMO is Momentum. SIVR tracks LBMA Silver Price ($/ozt), while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: abrdn and Invesco. Their fees differ too: 0.30% for SIVR and 0.25% for IDMO.

Which has better risk-adjusted returns?

IDMO currently has the higher Sharpe Ratio (1.25 vs 0.94), 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.