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

Key characteristics


SLVSIL
YTD Return4.45%-3.21%
1Y Return6.11%-8.26%
3Y Return (Ann)-0.18%-10.94%
5Y Return (Ann)10.09%2.06%
10Y Return (Ann)1.87%-2.19%
Sharpe Ratio0.26-0.29
Daily Std Dev23.70%30.03%
Max Drawdown-76.28%-82.99%
Current Drawdown-51.52%-66.20%

Correlation

0.75
-1.001.00

The correlation between SLV and SIL is 0.75, 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 4.45% return, which is significantly higher than SIL's -3.21% return. Over the past 10 years, SLV has outperformed SIL with an annualized return of 1.87%, while SIL has yielded a comparatively lower -2.19% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%OctoberNovemberDecember2024FebruaryMarch
31.06%
-28.57%
SLV
SIL

Compare stocks, funds, or ETFs


iShares Silver Trust

Global X Silver Miners ETF

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
0.50%1.00%1.50%2.00%0.65%
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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SLV
iShares Silver Trust
0.26
SIL
Global X Silver Miners ETF
-0.29

SLV vs. SIL - Sharpe Ratio Comparison

The current SLV Sharpe Ratio is 0.26, which is higher than the SIL Sharpe Ratio of -0.29. The chart below compares the 12-month rolling Sharpe Ratio of SLV and SIL.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
0.26
-0.29
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 0.61%.


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
0.61%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%. The drawdown chart below compares losses from any high point along the way for SLV and SIL


-70.00%-65.00%-60.00%-55.00%-50.00%OctoberNovemberDecember2024FebruaryMarch
-51.52%
-66.20%
SLV
SIL

Volatility

SLV vs. SIL - Volatility Comparison

The current volatility for iShares Silver Trust (SLV) is 6.86%, while Global X Silver Miners ETF (SIL) has a volatility of 8.43%. This indicates that SLV experiences smaller price fluctuations and is considered to be less risky than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%6.00%7.00%8.00%9.00%10.00%11.00%OctoberNovemberDecember2024FebruaryMarch
6.86%
8.43%
SLV
SIL