SLVP vs. ESLT
SLVP (iShares MSCI Global Silver and Metals Miners ETF) is Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while ESLT (Elbit Systems Ltd) is a stock. Over the past 10 years, SLVP returned 12.67%/yr vs 26.53%/yr for ESLT. At a 0.12 correlation, their price movements are largely independent.
Performance
SLVP vs. ESLT - Performance Comparison
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Returns By Period
In the year-to-date period, SLVP achieves a -5.37% return, which is significantly lower than ESLT's 48.00% return. Over the past 10 years, SLVP has underperformed ESLT with an annualized return of 12.67%, while ESLT has yielded a comparatively higher 26.53% annualized return.
SLVP
- 1D
- 3.38%
- 1M
- -21.72%
- YTD
- -5.37%
- 6M
- -0.60%
- 1Y
- 83.53%
- 3Y*
- 48.97%
- 5Y*
- 14.15%
- 10Y*
- 12.67%
ESLT
- 1D
- -6.48%
- 1M
- 9.58%
- YTD
- 48.00%
- 6M
- 66.16%
- 1Y
- 98.98%
- 3Y*
- 60.86%
- 5Y*
- 46.38%
- 10Y*
- 26.53%
SLVP vs. ESLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLVP iShares MSCI Global Silver and Metals Miners ETF | -5.37% | 202.84% | 14.47% | -2.31% | -18.06% | -23.53% | 56.45% | 37.71% | -22.10% | 4.53% |
ESLT Elbit Systems Ltd | 48.00% | 125.14% | 22.17% | 31.30% | -4.82% | 34.77% | -14.56% | 37.62% | -13.22% | 32.65% |
Correlation
The correlation between SLVP and ESLT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012 | 0.12 |
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Return for Risk
SLVP vs. ESLT — Risk / Return Rank
SLVP
ESLT
SLVP vs. ESLT - 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 Elbit Systems Ltd (ESLT). 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 | ESLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 3.83 | -1.62 |
| Martin ratioReturn relative to average drawdown | 5.86 | 10.61 | -4.75 |
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Drawdowns
SLVP vs. ESLT - Drawdown Comparison
The maximum SLVP drawdown since its inception was -80.47%, which is greater than ESLT's maximum drawdown of -53.79%. Use the drawdown chart below to compare losses from any high point for SLVP and ESLT.
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Drawdown Indicators
| SLVP | ESLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.47% | -53.79% | -26.68% |
Max Drawdown (1Y)Largest decline over 1 year | -38.06% | -25.98% | -12.08% |
Max Drawdown (3Y)Largest decline over 3 years | -38.06% | -25.98% | -12.08% |
Max Drawdown (5Y)Largest decline over 5 years | -54.26% | -32.89% | -21.37% |
Max Drawdown (10Y)Largest decline over 10 years | -62.03% | -32.89% | -29.14% |
Current DrawdownCurrent decline from peak | -31.74% | -15.71% | -16.03% |
Average DrawdownAverage peak-to-trough decline | -46.78% | -13.91% | -32.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.31% | 9.36% | +4.95% |
Volatility
SLVP vs. ESLT - Volatility Comparison
iShares MSCI Global Silver and Metals Miners ETF (SLVP) and Elbit Systems Ltd (ESLT) have volatilities of 19.61% and 19.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLVP | ESLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.61% | 19.89% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 45.17% | 35.93% | +9.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.53% | 44.11% | +10.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.15% | 33.66% | +9.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.45% | 29.42% | +13.03% |
Dividends
SLVP vs. ESLT - Dividend Comparison
SLVP's dividend yield for the trailing twelve months is around 1.88%, more than ESLT's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.36% | 0.47% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% |
SLVP iShares MSCI Global Silver and Metals Miners ETF | 1.88% | 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 ESLT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESLT has higher volatility (19.89%) compared to SLVP (19.61%). In terms of maximum drawdown, SLVP dropped -80.47% vs ESLT's -53.79%.
ESLT currently has the higher Sharpe Ratio (2.26 vs 1.54), 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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