SLVP vs. SIVR
Compare and contrast key facts about iShares MSCI Global Silver Miners ETF (SLVP) and Aberdeen Standard Physical Silver Shares ETF (SIVR).
SLVP and SIVR 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. SIVR is a passively managed fund by Abrdn Plc that tracks the performance of the LBMA Silver Price ($/ozt). It was launched on Jul 24, 2009. Both SLVP and SIVR 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 SIVR.
Performance
SLVP vs. SIVR - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with SLVP having a 29.91% return and SIVR slightly lower at 29.12%. Over the past 10 years, SLVP has underperformed SIVR with an annualized return of 5.35%, while SIVR has yielded a comparatively higher 6.15% annualized return.
SLVP
29.91%
-15.24%
5.29%
42.25%
7.44%
5.35%
SIVR
29.12%
-11.53%
1.94%
29.80%
12.30%
6.15%
Key characteristics
| SLVP | SIVR | |
|---|---|---|
| Sharpe Ratio | 1.06 | 0.93 |
| Sortino Ratio | 1.66 | 1.47 |
| Omega Ratio | 1.19 | 1.18 |
| Calmar Ratio | 0.63 | 0.52 |
| Martin Ratio | 3.78 | 3.79 |
| Ulcer Index | 10.69% | 7.70% |
| Daily Std Dev | 38.28% | 31.26% |
| Max Drawdown | -80.47% | -75.85% |
| Current Drawdown | -40.08% | -39.00% |
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SLVP vs. SIVR - Expense Ratio Comparison
SLVP has a 0.39% expense ratio, which is higher than SIVR's 0.30% expense ratio.
Correlation
The correlation between SLVP and SIVR 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.
Risk-Adjusted Performance
SLVP vs. SIVR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Silver Miners ETF (SLVP) and Aberdeen Standard Physical Silver Shares ETF (SIVR). 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.
Dividends
SLVP vs. SIVR - Dividend Comparison
SLVP's dividend yield for the trailing twelve months is around 0.67%, while SIVR has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLVP iShares MSCI Global Silver Miners ETF | 0.67% | 0.87% | 0.64% | 1.62% | 2.39% | 2.02% | 1.27% | 0.85% | 2.32% | 0.71% | 2.03% | 1.72% |
SIVR Aberdeen Standard Physical Silver Shares ETF | 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. SIVR - Drawdown Comparison
The maximum SLVP drawdown since its inception was -80.47%, which is greater than SIVR's maximum drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for SLVP and SIVR. For additional features, visit the drawdowns tool.
Volatility
SLVP vs. SIVR - Volatility Comparison
iShares MSCI Global Silver Miners ETF (SLVP) has a higher volatility of 9.56% compared to Aberdeen Standard Physical Silver Shares ETF (SIVR) at 8.23%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.