SLV vs. VIGI
SLV (iShares Silver Trust) and VIGI (Vanguard International Dividend Appreciation ETF) are both exchange-traded funds - SLV is a Silver fund tracking the LBMA Silver Price, while VIGI is a Dividend fund tracking the S&P Global Ex-U.S. Dividend Growers Index. Both are passively managed. Over the past 10 years, SLV returned 13.58%/yr vs 8.04%/yr for VIGI. At a 0.32 correlation, their price movements are largely independent. SLV charges 0.50%/yr vs 0.15%/yr for VIGI.
Performance
SLV vs. VIGI - Performance Comparison
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Returns By Period
In the year-to-date period, SLV achieves a -7.62% return, which is significantly lower than VIGI's 3.17% return. Over the past 10 years, SLV has outperformed VIGI with an annualized return of 13.58%, while VIGI has yielded a comparatively lower 8.04% annualized return.
SLV
- 1D
- -1.81%
- 1M
- -12.95%
- YTD
- -7.62%
- 6M
- -2.33%
- 1Y
- 81.88%
- 3Y*
- 38.96%
- 5Y*
- 20.04%
- 10Y*
- 13.58%
VIGI
- 1D
- -0.18%
- 1M
- -0.15%
- YTD
- 3.17%
- 6M
- 3.29%
- 1Y
- 8.98%
- 3Y*
- 9.31%
- 5Y*
- 4.66%
- 10Y*
- 8.04%
SLV vs. VIGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLV iShares Silver Trust | -7.62% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
VIGI Vanguard International Dividend Appreciation ETF | 3.17% | 16.88% | 2.73% | 16.30% | -16.79% | 12.51% | 14.66% | 27.53% | -11.50% | 27.97% |
Correlation
The correlation between SLV and VIGI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2016 | 0.32 |
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Return for Risk
SLV vs. VIGI — Risk / Return Rank
SLV
VIGI
SLV vs. VIGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Silver Trust (SLV) and Vanguard International Dividend Appreciation ETF (VIGI). 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 | VIGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.11 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 0.74 | +1.01 |
| Martin ratioReturn relative to average drawdown | 3.68 | 2.61 | +1.07 |
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Drawdowns
SLV vs. VIGI - Drawdown Comparison
The maximum SLV drawdown since its inception was -76.28%, which is greater than VIGI's maximum drawdown of -31.01%. Use the drawdown chart below to compare losses from any high point for SLV and VIGI.
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Drawdown Indicators
| SLV | VIGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.28% | -31.01% | -45.27% |
Max Drawdown (1Y)Largest decline over 1 year | -45.40% | -10.64% | -34.76% |
Max Drawdown (3Y)Largest decline over 3 years | -45.40% | -14.50% | -30.90% |
Max Drawdown (5Y)Largest decline over 5 years | -45.40% | -28.80% | -16.60% |
Max Drawdown (10Y)Largest decline over 10 years | -45.40% | -31.01% | -14.39% |
Current DrawdownCurrent decline from peak | -43.65% | -1.97% | -41.68% |
Average DrawdownAverage peak-to-trough decline | -44.65% | -6.16% | -38.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.52% | 3.01% | +18.51% |
Volatility
SLV vs. VIGI - Volatility Comparison
iShares Silver Trust (SLV) has a higher volatility of 14.09% compared to Vanguard International Dividend Appreciation ETF (VIGI) at 3.22%. This indicates that SLV's price experiences larger fluctuations and is considered to be riskier than VIGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLV | VIGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.09% | 3.22% | +10.87% |
Volatility (6M)Calculated over the trailing 6-month period | 59.18% | 10.35% | +48.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.10% | 13.07% | +47.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.50% | 14.46% | +22.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.04% | 15.87% | +16.17% |
SLV vs. VIGI - Expense Ratio Comparison
SLV has a 0.50% expense ratio, which is higher than VIGI's 0.15% expense ratio.
Dividends
SLV vs. VIGI - Dividend Comparison
SLV has not paid dividends to shareholders, while VIGI's dividend yield for the trailing twelve months is around 2.72%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VIGI Vanguard International Dividend Appreciation ETF | 2.14% | 2.14% | 1.93% | 1.92% | 2.06% | 7.02% | 1.29% | 1.83% | 1.99% | 1.75% | 1.05% |
Frequently Asked Questions
SLV and VIGI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLV has higher volatility (14.09%) compared to VIGI (3.22%). In terms of maximum drawdown, SLV dropped -76.28% vs VIGI's -31.01%.
On 10-year performance, SLV leads with 13.58% vs 8.04% for VIGI. On fees, VIGI is cheaper at 0.15% per year. On volatility, VIGI has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLV has performed better with a 13.58% return vs 8.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VIGI is cheaper with a 0.15% expense ratio, compared with 0.50% for SLV.
VIGI has the higher dividend yield at 2.14%, compared with 0.00% for SLV.
SLV is categorized as Silver, while VIGI is Dividend. SLV tracks LBMA Silver Price, while VIGI tracks S&P Global Ex-U.S. Dividend Growers Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.50% for SLV and 0.15% for VIGI.
SLV currently has the higher Sharpe Ratio (1.32 vs 0.60), 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.
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