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SLV vs. SIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SLVSIL
YTD Return44.12%47.89%
1Y Return47.09%71.01%
3Y Return (Ann)12.48%3.38%
5Y Return (Ann)13.20%7.97%
10Y Return (Ann)7.33%6.10%
Sharpe Ratio1.592.01
Sortino Ratio2.252.68
Omega Ratio1.281.33
Calmar Ratio0.840.98
Martin Ratio6.587.59
Ulcer Index7.33%9.34%
Daily Std Dev30.38%35.24%
Max Drawdown-76.28%-82.99%
Current Drawdown-33.58%-48.36%

Correlation

-0.50.00.51.00.8

The correlation between SLV and SIL is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

SLV vs. SIL - Performance Comparison

In the year-to-date period, SLV achieves a 44.12% return, which is significantly lower than SIL's 47.89% return. Over the past 10 years, SLV has outperformed SIL with an annualized return of 7.33%, while SIL has yielded a comparatively lower 6.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%MayJuneJulyAugustSeptemberOctober
30.52%
37.20%
SLV
SIL

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SLV vs. SIL - Expense Ratio Comparison

SLV has a 0.50% expense ratio, which is lower than SIL's 0.65% expense ratio.


SIL
Global X Silver Miners ETF
Expense ratio chart for SIL: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for SLV: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

SLV vs. SIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Silver Trust (SLV) and Global X Silver Miners ETF (SIL). 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.


SLV
Sharpe ratio
The chart of Sharpe ratio for SLV, currently valued at 1.59, compared to the broader market-2.000.002.004.006.001.59
Sortino ratio
The chart of Sortino ratio for SLV, currently valued at 2.25, compared to the broader market0.005.0010.002.25
Omega ratio
The chart of Omega ratio for SLV, currently valued at 1.28, compared to the broader market1.001.502.002.503.003.501.28
Calmar ratio
The chart of Calmar ratio for SLV, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.84
Martin ratio
The chart of Martin ratio for SLV, currently valued at 6.58, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.58
SIL
Sharpe ratio
The chart of Sharpe ratio for SIL, currently valued at 2.01, compared to the broader market-2.000.002.004.006.002.01
Sortino ratio
The chart of Sortino ratio for SIL, currently valued at 2.68, compared to the broader market0.005.0010.002.68
Omega ratio
The chart of Omega ratio for SIL, currently valued at 1.33, compared to the broader market1.001.502.002.503.003.501.33
Calmar ratio
The chart of Calmar ratio for SIL, currently valued at 0.98, compared to the broader market0.005.0010.0015.000.98
Martin ratio
The chart of Martin ratio for SIL, currently valued at 7.59, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.59

SLV vs. SIL - Sharpe Ratio Comparison

The current SLV Sharpe Ratio is 1.59, which is comparable to the SIL Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of SLV and SIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00MayJuneJulyAugustSeptemberOctober
1.59
2.01
SLV
SIL

Dividends

SLV vs. SIL - Dividend Comparison

SLV has not paid dividends to shareholders, while SIL's dividend yield for the trailing twelve months is around 0.34%.


TTM20232022202120202019201820172016201520142013
SLV
iShares Silver Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SIL
Global X Silver Miners ETF
0.34%0.59%0.48%1.59%1.92%1.53%1.21%0.02%3.34%0.38%0.07%0.66%

Drawdowns

SLV vs. SIL - Drawdown Comparison

The maximum SLV drawdown since its inception was -76.28%, smaller than the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for SLV and SIL. For additional features, visit the drawdowns tool.


-65.00%-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%-30.00%MayJuneJulyAugustSeptemberOctober
-33.58%
-48.36%
SLV
SIL

Volatility

SLV vs. SIL - Volatility Comparison

iShares Silver Trust (SLV) and Global X Silver Miners ETF (SIL) have volatilities of 9.02% and 8.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%MayJuneJulyAugustSeptemberOctober
9.02%
8.88%
SLV
SIL