SLVP vs. G2XJ.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI Global Silver Miners ETF (SLVP) and VanEck Junior Gold Miners UCITS (G2XJ.DE).

SLVP and G2XJ.DE 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. G2XJ.DE is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners. It was launched on Mar 25, 2015. Both SLVP and G2XJ.DE 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. G2XJ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Silver Miners ETF (SLVP) and VanEck Junior Gold Miners UCITS (G2XJ.DE). The values are adjusted to include any dividend payments, if applicable.

SLVP vs. G2XJ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVP iShares MSCI Global Silver Miners ETF	8.23%	202.84%	14.47%	-2.31%	-18.06%	-23.53%	56.45%	37.71%	-22.10%	4.53%
G2XJ.DE VanEck Junior Gold Miners UCITS	8.38%	181.76%	14.51%	6.92%	-11.26%	-22.21%	30.36%	40.16%	-13.27%	1.62%

Different Trading Currencies

SLVP is traded in USD, while G2XJ.DE is traded in EUR. To make them comparable, the G2XJ.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with SLVP having a 8.23% return and G2XJ.DE slightly higher at 8.38%. Both investments have delivered pretty close results over the past 10 years, with SLVP having a 17.90% annualized return and G2XJ.DE not far ahead at 18.14%.

SLVP

• 1D: 4.60%
• 1M: -20.51%
• YTD: 8.23%
• 6M: 36.85%
• 1Y: 154.54%
• 3Y*: 49.80%
• 5Y*: 20.67%
• 10Y*: 17.90%

G2XJ.DE

• 1D: 8.70%
• 1M: -15.93%
• YTD: 8.38%
• 6M: 30.52%
• 1Y: 127.88%
• 3Y*: 50.23%
• 5Y*: 24.31%
• 10Y*: 18.14%

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

SLVP vs. G2XJ.DE - Expense Ratio Comparison

SLVP has a 0.39% expense ratio, which is lower than G2XJ.DE's 0.55% expense ratio.

G2XJ.DE

VanEck Junior Gold Miners UCITS

SLVP

iShares MSCI Global Silver Miners ETF

Return for Risk

SLVP vs. G2XJ.DE — Risk / Return Rank

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

SLVP

SLVP Risk / Return Rank: 94
SLVP Sharpe Ratio Rank: 97
SLVP Sortino Ratio Rank: 93
SLVP Omega Ratio Rank: 91
SLVP Calmar Ratio Rank: 96
SLVP Martin Ratio Rank: 94

G2XJ.DE

G2XJ.DE Risk / Return Rank: 91
G2XJ.DE Sharpe Ratio Rank: 94
G2XJ.DE Sortino Ratio Rank: 90
G2XJ.DE Omega Ratio Rank: 87
G2XJ.DE Calmar Ratio Rank: 94
G2XJ.DE Martin Ratio Rank: 91

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. G2XJ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver Miners ETF (SLVP) and VanEck Junior Gold Miners UCITS (G2XJ.DE). 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.

	SLVP	G2XJ.DE	Difference
Sharpe ratio Return per unit of total volatility	2.88	2.60	+0.27
Sortino ratio Return per unit of downside risk	2.89	2.81	+0.08
Omega ratio Gain probability vs. loss probability	1.41	1.38	+0.03
Calmar ratio Return relative to maximum drawdown	4.54	4.21	+0.33
Martin ratio Return relative to average drawdown	15.20	13.82	+1.39
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. G2XJ.DE - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 2.88, which is comparable to the G2XJ.DE Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of SLVP and G2XJ.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SLVP	G2XJ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	2.60	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.62	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.45	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.43	-0.33

Correlation

The correlation between SLVP and G2XJ.DE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SLVP vs. G2XJ.DE - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 1.64%, while G2XJ.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SLVP iShares MSCI Global Silver Miners ETF	1.64%	1.78%	1.05%	0.88%	0.63%	1.63%	2.39%	2.03%	1.28%	0.85%	2.32%	0.72%
G2XJ.DE VanEck Junior Gold Miners UCITS	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SLVP vs. G2XJ.DE - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, which is greater than G2XJ.DE's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for SLVP and G2XJ.DE.

Drawdown Indicators

	SLVP	G2XJ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-80.47%	-49.96%	-30.51%
Max Drawdown (1Y) Largest decline over 1 year	-33.57%	-29.24%	-4.33%
Max Drawdown (5Y) Largest decline over 5 years	-55.36%	-40.82%	-14.54%
Max Drawdown (10Y) Largest decline over 10 years	-62.03%	-49.96%	-12.07%
Current Drawdown Current decline from peak	-21.93%	-15.55%	-6.38%
Average Drawdown Average peak-to-trough decline	-47.12%	-25.33%	-21.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.02%	8.84%	+1.18%

Volatility

SLVP vs. G2XJ.DE - Volatility Comparison

The current volatility for iShares MSCI Global Silver Miners ETF (SLVP) is 18.29%, while VanEck Junior Gold Miners UCITS (G2XJ.DE) has a volatility of 20.22%. This indicates that SLVP experiences smaller price fluctuations and is considered to be less risky than G2XJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVP	G2XJ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.29%	20.22%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	45.15%	40.47%	+4.68%
Volatility (1Y) Calculated over the trailing 1-year period	54.07%	48.84%	+5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.42%	38.84%	+3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.46%	39.77%	+2.69%