SLVP vs. DYNF

Last updated Jun 16, 2026

SLVP (iShares MSCI Global Silver and Metals Miners ETF) and DYNF (iShares U.S. Equity Factor Rotation Active ETF) are both exchange-traded funds - SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while DYNF is a Large Cap Blend Equities fund actively managed by iShares. SLVP is passively managed, while DYNF is actively managed. Over the past 5 years, SLVP returned 16.28%/yr vs 15.35%/yr for DYNF. At a 0.28 correlation, their price movements are largely independent. SLVP charges 0.39%/yr vs 0.26%/yr for DYNF.

Performance

SLVP vs. DYNF - Performance Comparison

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

Returns By Period

In the year-to-date period, SLVP achieves a 0.95% return, which is significantly lower than DYNF's 12.25% return.

SLVP

• 1D: 6.68%
• 1M: -5.16%
• YTD: 0.95%
• 6M: 5.72%
• 1Y: 93.96%
• 3Y*: 52.67%
• 5Y*: 16.28%
• 10Y*: 13.10%

DYNF

• 1D: 2.16%
• 1M: 2.71%
• YTD: 12.25%
• 6M: 12.86%
• 1Y: 31.46%
• 3Y*: 25.36%
• 5Y*: 15.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLVP vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SLVP iShares MSCI Global Silver and Metals Miners ETF	0.95%	202.84%	14.47%	-2.31%	-18.06%	-23.53%	56.45%	24.16%
DYNF iShares U.S. Equity Factor Rotation Active ETF	12.25%	20.00%	30.29%	36.25%	-20.27%	22.12%	13.47%	14.75%

Correlation

The correlation between SLVP and DYNF is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019	0.28

The correlation between SLVP and DYNF shifts across timeframes, from 0.28 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.

SLVP vs. DYNF - Sectors Allocation Comparison

Sectors	SLVP	DYNF
Basic Materials	99.6%	0.8%
Financial Services	0.0%	14.9%
Communication Services	-	10.7%
Consumer Cyclical	-	7.1%
Consumer Defensive	-	1.7%
Energy	-	5.0%
Healthcare	-	6.1%
Industrials	-	8.4%
Real Estate	-	2.0%
Technology	-	40.1%
Utilities	-	2.8%

Return for Risk

SLVP vs. DYNF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLVP

SLVP Risk / Return Rank: 50
SLVP Sharpe Ratio Rank: 56
SLVP Sortino Ratio Rank: 46
SLVP Omega Ratio Rank: 49
SLVP Calmar Ratio Rank: 55
SLVP Martin Ratio Rank: 44

DYNF

DYNF Risk / Return Rank: 82
DYNF Sharpe Ratio Rank: 84
DYNF Sortino Ratio Rank: 82
DYNF Omega Ratio Rank: 82
DYNF Calmar Ratio Rank: 78
DYNF Martin Ratio Rank: 88

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. DYNF - 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 U.S. Equity Factor Rotation Active ETF (DYNF). 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	DYNF	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.41	-0.69
Sortino ratio: Return per unit of downside risk	2.09	3.23	-1.14
Omega ratio: Gain probability vs. loss probability	1.28	1.43	-0.15
Calmar ratio: Return relative to maximum drawdown	2.48	3.65	-1.16
Martin ratio: Return relative to average drawdown	6.54	17.10	-10.55

SLVP vs. DYNF - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 1.72, which is comparable to the DYNF Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of SLVP and DYNF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SLVP vs. DYNF - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, which is greater than DYNF's maximum drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for SLVP and DYNF.

Drawdown Indicators

	SLVP	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-80.47%	-34.72%	-45.75%
Max Drawdown (1Y) Largest decline over 1 year	-38.06%	-8.67%	-29.39%
Max Drawdown (3Y) Largest decline over 3 years	-38.06%	-18.70%	-19.36%
Max Drawdown (5Y) Largest decline over 5 years	-49.79%	-28.65%	-21.14%
Max Drawdown (10Y) Largest decline over 10 years	-62.03%	—	—
Current Drawdown Current decline from peak	-27.18%	0.00%	-27.18%
Average Drawdown Average peak-to-trough decline	-46.77%	-5.96%	-40.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.41%	1.85%	+12.56%

Volatility

SLVP vs. DYNF - Volatility Comparison

iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a higher volatility of 20.77% compared to iShares U.S. Equity Factor Rotation Active ETF (DYNF) at 5.25%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than DYNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVP	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.77%	5.25%	+15.52%
Volatility (6M) Calculated over the trailing 6-month period	45.32%	10.57%	+34.75%
Volatility (1Y) Calculated over the trailing 1-year period	55.01%	13.14%	+41.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.26%	17.61%	+25.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.48%	19.92%	+22.56%

SLVP vs. DYNF - Expense Ratio Comparison

SLVP has a 0.39% expense ratio, which is higher than DYNF's 0.26% expense ratio.

Dividends

SLVP vs. DYNF - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 2.17%, more than DYNF's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DYNF iShares U.S. Equity Factor Rotation Active ETF	1.06%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%	0.00%	0.00%	0.00%	0.00%
SLVP iShares MSCI Global Silver and Metals Miners ETF	2.17%	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

Can I hold both SLVP and DYNF in my portfolio?

SLVP and DYNF have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLVP or DYNF?

SLVP has higher volatility (20.77%) compared to DYNF (5.25%). In terms of maximum drawdown, SLVP dropped -80.47% vs DYNF's -34.72%.

Which ETF is better, SLVP or DYNF?

On 5-year performance, SLVP leads with 16.28% vs 15.35% for DYNF. On fees, DYNF is cheaper at 0.26% per year. On volatility, DYNF has been the lower-risk option at 5.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SLVP or DYNF?

Over the 5-year period, SLVP has performed better with a 16.28% return vs 15.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SLVP or DYNF?

DYNF is cheaper with a 0.26% expense ratio, compared with 0.39% for SLVP.

Which ETF pays a higher dividend yield, SLVP or DYNF?

SLVP has the higher dividend yield at 2.17%, compared with 1.06% for DYNF.

What is the main difference between SLVP and DYNF?

SLVP is categorized as Silver, while DYNF is Large Cap Blend Equities. Their fees differ too: 0.39% for SLVP and 0.26% for DYNF.

Which has better risk-adjusted returns?

DYNF currently has the higher Sharpe Ratio (2.41 vs 1.72), 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.