SLVP vs. RING
Compare and contrast key facts about iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI Global Gold Miners ETF (RING).
SLVP and RING 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. RING is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Gold Miners Investable Market Index. It was launched on Jan 31, 2012. Both SLVP and RING are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLVP or RING.
Correlation
The correlation between SLVP and RING is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SLVP vs. RING - Performance Comparison
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Key characteristics
SLVP:
0.42
RING:
1.03
SLVP:
0.88
RING:
1.52
SLVP:
1.11
RING:
1.20
SLVP:
0.36
RING:
0.91
SLVP:
1.47
RING:
3.89
SLVP:
12.01%
RING:
9.42%
SLVP:
43.21%
RING:
35.36%
SLVP:
-80.47%
RING:
-79.48%
SLVP:
-34.50%
RING:
-13.56%
Returns By Period
In the year-to-date period, SLVP achieves a 24.09% return, which is significantly lower than RING's 35.54% return. Over the past 10 years, SLVP has underperformed RING with an annualized return of 5.82%, while RING has yielded a comparatively higher 9.90% annualized return.
SLVP
24.09%
-9.88%
14.20%
18.05%
4.71%
5.82%
RING
35.54%
-9.26%
31.74%
36.29%
6.42%
9.90%
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SLVP vs. RING - Expense Ratio Comparison
Both SLVP and RING have an expense ratio of 0.39%.
Risk-Adjusted Performance
SLVP vs. RING — Risk-Adjusted Performance Rank
SLVP
RING
SLVP vs. RING - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI Global Gold Miners ETF (RING). 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.
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Dividends
SLVP vs. RING - Dividend Comparison
SLVP's dividend yield for the trailing twelve months is around 0.85%, less than RING's 1.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLVP iShares MSCI Global Silver Miners ETF | 0.85% | 1.05% | 0.88% | 0.63% | 1.63% | 2.39% | 2.03% | 1.28% | 0.85% | 2.32% | 0.72% | 2.03% |
RING iShares MSCI Global Gold Miners ETF | 1.05% | 1.43% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% | 0.85% |
Drawdowns
SLVP vs. RING - Drawdown Comparison
The maximum SLVP drawdown since its inception was -80.47%, roughly equal to the maximum RING drawdown of -79.48%. Use the drawdown chart below to compare losses from any high point for SLVP and RING. For additional features, visit the drawdowns tool.
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Volatility
SLVP vs. RING - Volatility Comparison
iShares MSCI Global Silver Miners ETF (SLVP) and iShares MSCI Global Gold Miners ETF (RING) have volatilities of 13.95% and 13.31%, 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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