SLV vs. AMD
SLV (iShares Silver Trust) is Silver fund tracking the LBMA Silver Price, while AMD (Advanced Micro Devices, Inc.) is a stock. Over the past 10 years, SLV returned 13.99%/yr vs 60.93%/yr for AMD. At a 0.14 correlation, their price movements are largely independent.
Performance
SLV vs. AMD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLV achieves a -4.86% return, which is significantly lower than AMD's 138.87% return. Over the past 10 years, SLV has underperformed AMD with an annualized return of 13.99%, while AMD has yielded a comparatively higher 60.93% annualized return.
SLV
- 1D
- 0.77%
- 1M
- -22.76%
- YTD
- -4.86%
- 6M
- 9.25%
- 1Y
- 85.39%
- 3Y*
- 41.27%
- 5Y*
- 18.83%
- 10Y*
- 13.99%
AMD
- 1D
- 4.73%
- 1M
- 14.83%
- YTD
- 138.87%
- 6M
- 142.70%
- 1Y
- 331.70%
- 3Y*
- 60.16%
- 5Y*
- 44.46%
- 10Y*
- 60.93%
SLV vs. AMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLV iShares Silver Trust | -4.86% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
AMD Advanced Micro Devices, Inc. | 138.87% | 77.30% | -18.06% | 127.59% | -54.99% | 56.91% | 99.98% | 148.43% | 79.57% | -9.35% |
Correlation
The correlation between SLV and AMD is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006 | 0.14 |
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
SLV vs. AMD — Risk / Return Rank
SLV
AMD
SLV vs. AMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Silver Trust (SLV) and Advanced Micro Devices, Inc. (AMD). 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.
| SLV | AMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.60 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 12.04 | -10.15 |
| Martin ratioReturn relative to average drawdown | 4.10 | 24.74 | -20.64 |
Loading charts...
Drawdowns
SLV vs. AMD - Drawdown Comparison
The maximum SLV drawdown since its inception was -76.28%, smaller than the maximum AMD drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for SLV and AMD.
Loading charts...
Drawdown Indicators
| SLV | AMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.28% | -96.59% | +20.31% |
Max Drawdown (1Y)Largest decline over 1 year | -45.40% | -27.76% | -17.64% |
Max Drawdown (3Y)Largest decline over 3 years | -45.40% | -63.00% | +17.60% |
Max Drawdown (5Y)Largest decline over 5 years | -45.40% | -65.45% | +20.05% |
Max Drawdown (10Y)Largest decline over 10 years | -45.40% | -65.45% | +20.05% |
Current DrawdownCurrent decline from peak | -41.96% | -5.70% | -36.26% |
Average DrawdownAverage peak-to-trough decline | -44.66% | -56.65% | +11.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.88% | 13.48% | +7.40% |
Volatility
SLV vs. AMD - Volatility Comparison
The current volatility for iShares Silver Trust (SLV) is 16.34%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 22.71%. This indicates that SLV experiences smaller price fluctuations and is considered to be less risky than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLV | AMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.34% | 22.71% | -6.37% |
Volatility (6M)Calculated over the trailing 6-month period | 59.10% | 50.12% | +8.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.82% | 66.74% | -6.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.46% | 55.71% | -19.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.00% | 56.99% | -24.99% |
Dividends
SLV vs. AMD - Dividend Comparison
Neither SLV nor AMD has paid dividends to shareholders.
Frequently Asked Questions
SLV and AMD have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMD has higher volatility (22.71%) compared to SLV (16.34%). In terms of maximum drawdown, SLV dropped -76.28% vs AMD's -96.59%.
AMD currently has the higher Sharpe Ratio (5.01 vs 1.44), 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 SLV and AMD
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