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SLVP vs. GGP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SLVP vs. GGP.L

Last updated Jul 1, 2026
See Documentation

SLVP (iShares MSCI Global Silver and Metals Miners ETF) is Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while GGP.L (Greatland Gold plc) is a stock. Over the past 10 years, SLVP returned 9.87%/yr vs 59.55%/yr for GGP.L. At a 0.15 correlation, their price movements are largely independent.

Performance

SLVP vs. GGP.L - 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 Greatland Gold plc (GGP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SLVP is traded in USD, while GGP.L is traded in GBp. To make them comparable, the GGP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SLVP achieves a -9.65% return, which is significantly lower than GGP.L's 15.09% return. Over the past 10 years, SLVP has underperformed GGP.L with an annualized return of 9.87%, while GGP.L has yielded a comparatively higher 59.55% annualized return.

SLVP

1D
-0.42%
1M
-16.43%
YTD
-9.65%
6M
-11.21%
1Y
76.85%
3Y*
49.15%
5Y*
16.22%
10Y*
9.87%

GGP.L

1D
-3.79%
1M
-18.10%
YTD
15.09%
6M
14.82%
1Y
78.16%
3Y*
64.07%
5Y*
11.15%
10Y*
59.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SLVP vs. GGP.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SLVP
iShares MSCI Global Silver and Metals Miners ETF		-9.65%202.84%14.47%-2.31%-18.06%-23.53%56.45%37.71%-22.10%4.53%
GGP.L
Greatland Gold plc		15.09%340.75%-36.57%29.75%-55.34%-57.03%2,012.80%3.44%-8.69%1,104.70%

Correlation

The correlation between SLVP and GGP.L is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2012

0.15

Over the past year, SLVP and GGP.L have become more correlated (0.45) than their long-term average of 0.15, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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iShares MSCI Global Silver and Metals Miners ETF

Greatland Gold plc

Often compared with SLVP:
SLVP vs. SLVSLVP vs. SILSLVP vs. SSLN.LSLVP vs. PSLVSLVP vs. SIVRSLVP vs. RINGSLVP vs. SLVR.DE
Often compared with GGP.L:
GGP.L vs. FRES.LGGP.L vs. EDV.LGGP.L vs. CAML.LGGP.L vs. NEMGGP.L vs. PRE.LGGP.L vs. QUBTGGP.L vs. MTL.L

Return for Risk

SLVP vs. GGP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SLVP
SLVP Risk / Return Rank: 4242
Overall Rank
SLVP Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
SLVP Sortino Ratio Rank: 3939
Sortino Ratio Rank
SLVP Omega Ratio Rank: 4141
Omega Ratio Rank
SLVP Calmar Ratio Rank: 4747
Calmar Ratio Rank
SLVP Martin Ratio Rank: 3636
Martin Ratio Rank
GGP.L
GGP.L Risk / Return Rank: 8080
Overall Rank
GGP.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
GGP.L Sortino Ratio Rank: 7676
Sortino Ratio Rank
GGP.L Omega Ratio Rank: 7676
Omega Ratio Rank
GGP.L Calmar Ratio Rank: 8383
Calmar Ratio Rank
GGP.L Martin Ratio Rank: 8383
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. GGP.L - 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 Greatland Gold plc (GGP.L). 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.

SLVPGGP.LDifference
Sharpe ratioReturn per unit of total volatility
1.39
1.19

+0.20

Sortino ratioReturn per unit of downside risk
1.83
1.80

+0.03

Omega ratioGain probability vs. loss probability

1.24

1.23

+0.01

Calmar ratioReturn relative to maximum drawdown

2.03

2.43

-0.40

Martin ratioReturn relative to average drawdown

4.88

5.83

-0.95

SLVP vs. GGP.L - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 1.39, which is comparable to the GGP.L Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of SLVP and GGP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SLVP vs. GGP.L - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, smaller than the maximum GGP.L drawdown of -98.61%. Use the drawdown chart below to compare losses from any high point for SLVP and GGP.L.

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Drawdown Indicators

SLVPGGP.LDifference

Max Drawdown

Largest peak-to-trough decline

-80.47%

-98.61%

+18.14%

Max Drawdown (1Y)

Largest decline over 1 year

-38.06%

-31.98%

-6.08%

Max Drawdown (3Y)

Largest decline over 3 years

-38.06%

-54.95%

+16.89%

Max Drawdown (5Y)

Largest decline over 5 years

-48.01%

-77.84%

+29.83%

Max Drawdown (10Y)

Largest decline over 10 years

-62.03%

-87.05%

+25.02%

Current Drawdown

Current decline from peak

-34.83%

-25.05%

-9.78%

Average Drawdown

Average peak-to-trough decline

-46.74%

-67.59%

+20.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.80%

13.36%

+2.44%

Volatility

SLVP vs. GGP.L - Volatility Comparison

The current volatility for iShares MSCI Global Silver and Metals Miners ETF (SLVP) is 19.38%, while Greatland Gold plc (GGP.L) has a volatility of 20.50%. This indicates that SLVP experiences smaller price fluctuations and is considered to be less risky than GGP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SLVPGGP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.38%

20.50%

-1.12%

Volatility (6M)

Calculated over the trailing 6-month period

45.84%

45.46%

+0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

55.46%

65.33%

-9.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.37%

66.63%

-23.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

42.51%

91.82%

-49.31%

Dividends

SLVP vs. GGP.L - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 2.28%, while GGP.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
GGP.L
Greatland Gold plc		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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 GGP.L have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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