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SLVP vs. ACWI
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SLVP vs. ACWI

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI ACWI ETF (ACWI).

SLVP and ACWI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012. ACWI is a passively managed fund by iShares that tracks the performance of the MSCI All Country World Index. It was launched on Mar 26, 2008. Both SLVP and ACWI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SLVP vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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SLVP vs. ACWI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SLVP
iShares MSCI Global Silver Miners ETF		3.47%202.84%14.47%-2.31%-18.06%-23.53%56.45%37.71%-22.10%4.53%
ACWI
iShares MSCI ACWI ETF		-2.21%22.41%17.45%22.27%-18.39%18.66%16.34%26.59%-9.19%24.33%

Returns By Period

In the year-to-date period, SLVP achieves a 3.47% return, which is significantly higher than ACWI's -2.21% return. Over the past 10 years, SLVP has outperformed ACWI with an annualized return of 17.38%, while ACWI has yielded a comparatively lower 11.58% annualized return.

SLVP

1D
7.52%
1M
-25.36%
YTD
3.47%
6M
31.80%
1Y
141.24%
3Y*
47.57%
5Y*
19.59%
10Y*
17.38%

ACWI

1D
3.11%
1M
-6.11%
YTD
-2.21%
6M
0.97%
1Y
20.86%
3Y*
16.98%
5Y*
9.40%
10Y*
11.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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iShares MSCI Global Silver Miners ETF

iShares MSCI ACWI ETF

Often compared with SLVP:
SLVP vs. SLVSLVP vs. SILSLVP vs. SSLN.LSLVP vs. SIVRSLVP vs. PSLVSLVP vs. SLVR.DESLVP vs. RING
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

SLVP vs. ACWI - Expense Ratio Comparison

SLVP has a 0.39% expense ratio, which is higher than ACWI's 0.32% expense ratio.

SLVP
iShares MSCI Global Silver Miners ETF
ACWI
iShares MSCI ACWI ETF

Return for Risk

SLVP vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SLVP
SLVP Risk / Return Rank: 9494
Overall Rank
SLVP Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SLVP Sortino Ratio Rank: 9393
Sortino Ratio Rank
SLVP Omega Ratio Rank: 9292
Omega Ratio Rank
SLVP Calmar Ratio Rank: 9696
Calmar Ratio Rank
SLVP Martin Ratio Rank: 9494
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 7575
Overall Rank
ACWI Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 7474
Sortino Ratio Rank
ACWI Omega Ratio Rank: 7575
Omega Ratio Rank
ACWI Calmar Ratio Rank: 7474
Calmar Ratio Rank
ACWI Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLVP vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI ACWI ETF (ACWI). 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.

SLVPACWIDifference

Sharpe ratio

Return per unit of total volatility

2.64

1.20

+1.44

Sortino ratio

Return per unit of downside risk

2.75

1.77

+0.97

Omega ratio

Gain probability vs. loss probability

1.39

1.27

+0.12

Calmar ratio

Return relative to maximum drawdown

4.21

1.79

+2.42

Martin ratio

Return relative to average drawdown

14.23

8.26

+5.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLVP vs. ACWI - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 2.64, which is higher than the ACWI Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of SLVP and ACWI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

SLVPACWIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.64

1.20

+1.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.59

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.68

-0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

0.39

-0.30

Correlation

The correlation between SLVP and ACWI is 0.30, 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.

Dividends

SLVP vs. ACWI - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 1.72%, more than ACWI's 1.59% yield.

TTM20252024202320222021202020192018201720162015
SLVP
iShares MSCI Global Silver Miners ETF		1.72%1.78%1.05%0.88%0.63%1.63%2.39%2.03%1.28%0.85%2.32%0.72%
ACWI
iShares MSCI ACWI ETF		1.59%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%

Drawdowns

SLVP vs. ACWI - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, which is greater than ACWI's maximum drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for SLVP and ACWI.

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Drawdown Indicators

SLVPACWIDifference

Max Drawdown

Largest peak-to-trough decline

-80.47%

-56.00%

-24.47%

Max Drawdown (1Y)

Largest decline over 1 year

-33.57%

-11.76%

-21.81%

Max Drawdown (5Y)

Largest decline over 5 years

-55.36%

-26.42%

-28.94%

Max Drawdown (10Y)

Largest decline over 10 years

-62.03%

-33.53%

-28.50%

Current Drawdown

Current decline from peak

-25.36%

-6.92%

-18.44%

Average Drawdown

Average peak-to-trough decline

-47.13%

-8.69%

-38.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.93%

2.54%

+7.39%

Volatility

SLVP vs. ACWI - Volatility Comparison

iShares MSCI Global Silver Miners ETF (SLVP) has a higher volatility of 19.67% compared to iShares MSCI ACWI ETF (ACWI) at 6.38%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SLVPACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.67%

6.38%

+13.29%

Volatility (6M)

Calculated over the trailing 6-month period

44.96%

10.05%

+34.91%

Volatility (1Y)

Calculated over the trailing 1-year period

53.91%

17.48%

+36.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

42.41%

15.97%

+26.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.44%

17.08%

+25.36%