PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SLV vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SLV and SPY is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

SLV vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Silver Trust (SLV) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
94.90%
539.12%
SLV
SPY

Key characteristics

Sharpe Ratio

SLV:

0.72

SPY:

2.21

Sortino Ratio

SLV:

1.20

SPY:

2.93

Omega Ratio

SLV:

1.14

SPY:

1.41

Calmar Ratio

SLV:

0.39

SPY:

3.26

Martin Ratio

SLV:

2.96

SPY:

14.43

Ulcer Index

SLV:

7.48%

SPY:

1.90%

Daily Std Dev

SLV:

30.73%

SPY:

12.41%

Max Drawdown

SLV:

-76.28%

SPY:

-55.19%

Current Drawdown

SLV:

-43.04%

SPY:

-2.74%

Returns By Period

In the year-to-date period, SLV achieves a 23.60% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, SLV has underperformed SPY with an annualized return of 5.97%, while SPY has yielded a comparatively higher 12.97% annualized return.


SLV

YTD

23.60%

1M

-3.99%

6M

-0.22%

1Y

21.70%

5Y*

10.61%

10Y*

5.97%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SLV vs. SPY - Expense Ratio Comparison

SLV has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.


SLV
iShares Silver Trust
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%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

SLV vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Silver Trust (SLV) and SPDR S&P 500 ETF (SPY). 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 ratio
The chart of Sharpe ratio for SLV, currently valued at 0.72, compared to the broader market0.002.004.000.722.21
The chart of Sortino ratio for SLV, currently valued at 1.20, compared to the broader market-2.000.002.004.006.008.0010.001.202.93
The chart of Omega ratio for SLV, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.41
The chart of Calmar ratio for SLV, currently valued at 0.39, compared to the broader market0.005.0010.0015.000.393.26
The chart of Martin ratio for SLV, currently valued at 2.96, compared to the broader market0.0020.0040.0060.0080.00100.002.9614.43
SLV
SPY

The current SLV Sharpe Ratio is 0.72, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of SLV and SPY, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.72
2.21
SLV
SPY

Dividends

SLV vs. SPY - Dividend Comparison

SLV has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.


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%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

SLV vs. SPY - Drawdown Comparison

The maximum SLV drawdown since its inception was -76.28%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SLV and SPY. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.04%
-2.74%
SLV
SPY

Volatility

SLV vs. SPY - Volatility Comparison

iShares Silver Trust (SLV) has a higher volatility of 7.56% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that SLV's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.56%
3.72%
SLV
SPY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab