SLVP vs. AGG
SLVP (iShares MSCI Global Silver and Metals Miners ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Both are passively managed. Over the past 10 years, SLVP returned 11.46%/yr vs 1.54%/yr for AGG. At a 0.22 correlation, their price movements are largely independent. SLVP charges 0.39%/yr vs 0.03%/yr for AGG.
Performance
SLVP vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLVP achieves a -9.48% return, which is significantly lower than AGG's 0.47% return. Over the past 10 years, SLVP has outperformed AGG with an annualized return of 11.46%, while AGG has yielded a comparatively lower 1.54% annualized return.
SLVP
- 1D
- -5.62%
- 1M
- -11.26%
- YTD
- -9.48%
- 6M
- -13.08%
- 1Y
- 78.29%
- 3Y*
- 50.10%
- 5Y*
- 15.83%
- 10Y*
- 11.46%
AGG
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 0.47%
- 6M
- 0.55%
- 1Y
- 4.33%
- 3Y*
- 3.96%
- 5Y*
- 0.07%
- 10Y*
- 1.54%
SLVP vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLVP iShares MSCI Global Silver and Metals Miners ETF | -9.48% | 202.84% | 14.47% | -2.31% | -18.06% | -23.53% | 56.45% | 37.71% | -22.10% | 4.53% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.47% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between SLVP and AGG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012 | 0.22 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLVP vs. AGG — Risk / Return Rank
SLVP
AGG
SLVP vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver and Metals Miners ETF (SLVP) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.
| SLVP | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.57 | +0.50 |
| Martin ratioReturn relative to average drawdown | 5.23 | 4.54 | +0.70 |
Loading charts...
Drawdowns
SLVP vs. AGG - Drawdown Comparison
The maximum SLVP drawdown since its inception was -80.47%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for SLVP and AGG.
Loading charts...
Drawdown Indicators
| SLVP | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.47% | -18.43% | -62.04% |
Max Drawdown (1Y)Largest decline over 1 year | -38.06% | -2.76% | -35.30% |
Max Drawdown (3Y)Largest decline over 3 years | -38.06% | -6.11% | -31.95% |
Max Drawdown (5Y)Largest decline over 5 years | -48.01% | -17.82% | -30.19% |
Max Drawdown (10Y)Largest decline over 10 years | -62.03% | -18.43% | -43.60% |
Current DrawdownCurrent decline from peak | -34.70% | -1.93% | -32.77% |
Average DrawdownAverage peak-to-trough decline | -46.75% | -2.71% | -44.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.00% | 0.96% | +14.04% |
Volatility
SLVP vs. AGG - Volatility Comparison
iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a higher volatility of 19.48% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.10%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLVP | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.48% | 1.10% | +18.38% |
Volatility (6M)Calculated over the trailing 6-month period | 45.96% | 2.83% | +43.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.40% | 3.81% | +51.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.31% | 6.10% | +37.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.55% | 5.41% | +37.14% |
SLVP vs. AGG - Expense Ratio Comparison
SLVP has a 0.39% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
SLVP vs. AGG - Dividend Comparison
SLVP's dividend yield for the trailing twelve months is around 2.28%, less than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | 2.28% | 1.78% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% |
Frequently Asked Questions
SLVP and AGG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLVP has higher volatility (19.48%) compared to AGG (1.10%). In terms of maximum drawdown, SLVP dropped -80.47% vs AGG's -18.43%.
On 10-year performance, SLVP leads with 11.46% vs 1.54% for AGG. On fees, AGG is cheaper at 0.03% per year. On volatility, AGG has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLVP has performed better with a 11.46% return vs 1.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGG is cheaper with a 0.03% expense ratio, compared with 0.39% for SLVP.
AGG has the higher dividend yield at 3.98%, compared with 2.28% for SLVP.
SLVP is categorized as Silver, while AGG is Total Bond Market. SLVP tracks MSCI ACWI Select Silver Miners Investable Market Index, while AGG tracks Bloomberg U.S. Aggregate Bond Index. Their fees differ too: 0.39% for SLVP and 0.03% for AGG.
SLVP currently has the higher Sharpe Ratio (1.42 vs 1.14), 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.
Find the right allocation for SLVP and AGG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer