SLVR.DE vs. SLVP
Compare and contrast key facts about WisdomTree Silver (SLVR.DE) and iShares MSCI Global Silver Miners ETF (SLVP).
SLVR.DE and SLVP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLVR.DE is a passively managed fund by Global X that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on May 6, 2022. 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. Both SLVR.DE and SLVP 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: SLVR.DE or SLVP.
Key characteristics
| SLVR.DE | SLVP | |
|---|---|---|
| YTD Return | 28.32% | 27.84% |
| 1Y Return | 51.74% | 55.28% |
| Sharpe Ratio | 1.32 | 1.37 |
| Sortino Ratio | 1.86 | 2.01 |
| Omega Ratio | 1.24 | 1.23 |
| Calmar Ratio | 1.52 | 0.83 |
| Martin Ratio | 4.85 | 5.15 |
| Ulcer Index | 9.52% | 10.27% |
| Daily Std Dev | 34.82% | 38.64% |
| Max Drawdown | -30.49% | -80.47% |
| Current Drawdown | -15.27% | -41.04% |
Correlation
The correlation between SLVR.DE and SLVP is 0.80, 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.
Performance
SLVR.DE vs. SLVP - Performance Comparison
The year-to-date returns for both stocks are quite close, with SLVR.DE having a 28.32% return and SLVP slightly lower at 27.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SLVR.DE vs. SLVP - Expense Ratio Comparison
SLVR.DE has a 0.49% expense ratio, which is higher than SLVP's 0.39% expense ratio.
Risk-Adjusted Performance
SLVR.DE vs. SLVP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Silver (SLVR.DE) and iShares MSCI Global Silver Miners ETF (SLVP). 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
SLVR.DE vs. SLVP - Dividend Comparison
SLVR.DE has not paid dividends to shareholders, while SLVP's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLVR.DE WisdomTree Silver | 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 Miners ETF | 0.68% | 0.87% | 0.64% | 1.62% | 2.39% | 2.02% | 1.27% | 0.85% | 2.32% | 0.71% | 2.03% | 1.72% |
Drawdowns
SLVR.DE vs. SLVP - Drawdown Comparison
The maximum SLVR.DE drawdown since its inception was -30.49%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for SLVR.DE and SLVP. For additional features, visit the drawdowns tool.
Volatility
SLVR.DE vs. SLVP - Volatility Comparison
WisdomTree Silver (SLVR.DE) has a higher volatility of 13.92% compared to iShares MSCI Global Silver Miners ETF (SLVP) at 11.78%. This indicates that SLVR.DE's price experiences larger fluctuations and is considered to be riskier than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.