SLVP vs. SLVRX

Last updated Jun 24, 2026

SLVP (iShares MSCI Global Silver and Metals Miners ETF) and SLVRX (Columbia Select Large Cap Value Fund Class R) are both funds - SLVP is a Silver fund tracking the MSCI ACWI Select Silver Miners Investable Market Index, while SLVRX is a Large Cap Value Equities fund managed by Columbia. Over the past 10 years, SLVP returned 11.46%/yr vs 13.09%/yr for SLVRX. At a 0.27 correlation, their price movements are largely independent. SLVP charges 0.39%/yr vs 1.05%/yr for SLVRX.

Performance

SLVP vs. SLVRX - 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 Columbia Select Large Cap Value Fund Class R (SLVRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLVP achieves a -9.48% return, which is significantly lower than SLVRX's 13.27% return. Over the past 10 years, SLVP has underperformed SLVRX with an annualized return of 11.46%, while SLVRX has yielded a comparatively higher 13.09% annualized return.

SLVP

• 1D: -5.62%
• 1M: -11.26%
• YTD: -9.48%
• 6M: -13.08%
• 1Y: 78.29%
• 3Y*: 50.10%
• 5Y*: 15.83%
• 10Y*: 11.46%

SLVRX

• 1D: 0.00%
• 1M: 2.14%
• YTD: 13.27%
• 6M: 12.76%
• 1Y: 35.72%
• 3Y*: 19.21%
• 5Y*: 12.52%
• 10Y*: 13.09%

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

SLVP vs. SLVRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVP iShares MSCI Global Silver and Metals Miners ETF	-9.48%	202.84%	14.47%	-2.31%	-18.06%	-23.53%	56.45%	37.71%	-22.10%	4.53%
SLVRX Columbia Select Large Cap Value Fund Class R	13.27%	27.32%	12.24%	5.25%	-1.30%	26.02%	5.92%	26.26%	-12.52%	18.96%

Correlation

The correlation between SLVP and SLVRX 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	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012	0.27

The correlation between SLVP and SLVRX shifts across timeframes, from 0.27 (all time) to 0.45 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SLVP vs. SLVRX — Risk / Return Rank

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

SLVP

SLVP Risk / Return Rank: 39
SLVP Sharpe Ratio Rank: 42
SLVP Sortino Ratio Rank: 37
SLVP Omega Ratio Rank: 39
SLVP Calmar Ratio Rank: 43
SLVP Martin Ratio Rank: 36

SLVRX

SLVRX Risk / Return Rank: 89
SLVRX Sharpe Ratio Rank: 94
SLVRX Sortino Ratio Rank: 91
SLVRX Omega Ratio Rank: 84
SLVRX Calmar Ratio Rank: 87
SLVRX Martin Ratio Rank: 90

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. SLVRX - 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 Columbia Select Large Cap Value Fund Class R (SLVRX). 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	SLVRX	Difference
Sharpe ratio: Return per unit of total volatility	1.42	3.00	-1.58
Sortino ratio: Return per unit of downside risk	1.86	4.17	-2.31
Omega ratio: Gain probability vs. loss probability	1.25	1.52	-0.28
Calmar ratio: Return relative to maximum drawdown	2.07	4.06	-1.99
Martin ratio: Return relative to average drawdown	5.23	16.55	-11.32

SLVP vs. SLVRX - Sharpe Ratio Comparison

The current SLVP Sharpe Ratio is 1.42, which is lower than the SLVRX Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of SLVP and SLVRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SLVP vs. SLVRX - Drawdown Comparison

The maximum SLVP drawdown since its inception was -80.47%, which is greater than SLVRX's maximum drawdown of -60.20%. Use the drawdown chart below to compare losses from any high point for SLVP and SLVRX.

Drawdown Indicators

	SLVP	SLVRX	Difference
Max Drawdown Largest peak-to-trough decline	-80.47%	-60.20%	-20.27%
Max Drawdown (1Y) Largest decline over 1 year	-38.06%	-9.03%	-29.03%
Max Drawdown (3Y) Largest decline over 3 years	-38.06%	-14.91%	-23.15%
Max Drawdown (5Y) Largest decline over 5 years	-48.01%	-18.53%	-29.48%
Max Drawdown (10Y) Largest decline over 10 years	-62.03%	-41.51%	-20.52%
Current Drawdown Current decline from peak	-34.70%	-1.34%	-33.36%
Average Drawdown Average peak-to-trough decline	-46.75%	-7.42%	-39.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.00%	2.21%	+12.79%

Volatility

SLVP vs. SLVRX - Volatility Comparison

iShares MSCI Global Silver and Metals Miners ETF (SLVP) has a higher volatility of 19.48% compared to Columbia Select Large Cap Value Fund Class R (SLVRX) at 4.16%. This indicates that SLVP's price experiences larger fluctuations and is considered to be riskier than SLVRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVP	SLVRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.48%	4.16%	+15.32%
Volatility (6M) Calculated over the trailing 6-month period	45.96%	9.31%	+36.65%
Volatility (1Y) Calculated over the trailing 1-year period	55.40%	12.20%	+43.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.31%	15.91%	+27.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.55%	18.71%	+23.84%

SLVP vs. SLVRX - Expense Ratio Comparison

SLVP has a 0.39% expense ratio, which is lower than SLVRX's 1.05% expense ratio.

Dividends

SLVP vs. SLVRX - Dividend Comparison

SLVP's dividend yield for the trailing twelve months is around 2.28%, less than SLVRX's 7.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SLVRX Columbia Select Large Cap Value Fund Class R	7.50%	8.50%	3.27%	3.42%	1.15%	5.83%	7.46%	6.83%	4.60%	3.92%	8.22%	4.27%

Frequently Asked Questions

Can I hold both SLVP and SLVRX in my portfolio?

SLVP and SLVRX 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.

Which is riskier, SLVP or SLVRX?

SLVP has higher volatility (19.48%) compared to SLVRX (4.16%). In terms of maximum drawdown, SLVP dropped -80.47% vs SLVRX's -60.20%.

Which has better risk-adjusted returns?

SLVRX currently has the higher Sharpe Ratio (3.00 vs 1.42), 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.