SLVR.L vs. AG
SLVR.L (WisdomTree Silver) is Silver fund tracking the Bloomberg Silver Subindex, while AG (First Majestic Silver Corp.) is a stock. Over the past 10 years, SLVR.L returned 11.93%/yr vs 3.86%/yr for AG. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
SLVR.L vs. AG - Performance Comparison
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Returns By Period
In the year-to-date period, SLVR.L achieves a -5.05% return, which is significantly lower than AG's 6.07% return. Over the past 10 years, SLVR.L has outperformed AG with an annualized return of 11.93%, while AG has yielded a comparatively lower 3.86% annualized return.
SLVR.L
- 1D
- 5.86%
- 1M
- -23.83%
- YTD
- -5.05%
- 6M
- 8.51%
- 1Y
- 82.42%
- 3Y*
- 38.81%
- 5Y*
- 16.91%
- 10Y*
- 11.93%
AG
- 1D
- 4.31%
- 1M
- -26.33%
- YTD
- 6.07%
- 6M
- 10.86%
- 1Y
- 114.66%
- 3Y*
- 46.79%
- 5Y*
- 0.02%
- 10Y*
- 3.86%
SLVR.L vs. AG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLVR.L WisdomTree Silver | -5.05% | 136.69% | 20.17% | -2.57% | 2.25% | -14.66% | 40.61% | 13.97% | -10.15% | 1.46% |
AG First Majestic Silver Corp. | 6.07% | 204.32% | -10.47% | -25.99% | -24.73% | -17.24% | 9.62% | 108.15% | -12.61% | -11.66% |
Correlation
The correlation between SLVR.L and AG is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2010 | 0.51 |
The correlation between SLVR.L and AG shifts across timeframes, from 0.51 (all time) to 0.62 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SLVR.L vs. AG — Risk / Return Rank
SLVR.L
AG
SLVR.L vs. AG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Silver (SLVR.L) and First Majestic Silver Corp. (AG). 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.
| SLVR.L | AG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.27 | -0.41 |
| Martin ratioReturn relative to average drawdown | 4.15 | 5.56 | -1.41 |
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Drawdowns
SLVR.L vs. AG - Drawdown Comparison
The maximum SLVR.L drawdown since its inception was -80.08%, smaller than the maximum AG drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for SLVR.L and AG.
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Drawdown Indicators
| SLVR.L | AG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.08% | -90.20% | +10.12% |
Max Drawdown (1Y)Largest decline over 1 year | -44.09% | -50.88% | +6.79% |
Max Drawdown (3Y)Largest decline over 3 years | -44.09% | -50.88% | +6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -44.09% | -76.74% | +32.65% |
Max Drawdown (10Y)Largest decline over 10 years | -46.91% | -80.82% | +33.91% |
Current DrawdownCurrent decline from peak | -40.82% | -44.81% | +3.99% |
Average DrawdownAverage peak-to-trough decline | -52.50% | -59.18% | +6.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.82% | 20.71% | -0.89% |
Volatility
SLVR.L vs. AG - Volatility Comparison
The current volatility for WisdomTree Silver (SLVR.L) is 15.99%, while First Majestic Silver Corp. (AG) has a volatility of 25.25%. This indicates that SLVR.L experiences smaller price fluctuations and is considered to be less risky than AG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLVR.L | AG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.99% | 25.25% | -9.26% |
Volatility (6M)Calculated over the trailing 6-month period | 56.65% | 58.23% | -1.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.58% | 73.80% | -14.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.07% | 61.76% | -24.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.07% | 62.02% | -29.95% |
Dividends
SLVR.L vs. AG - Dividend Comparison
SLVR.L has not paid dividends to shareholders, while AG's dividend yield for the trailing twelve months is around 0.20%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.20% | 0.12% | 0.33% | 0.34% | 0.31% | 0.14% |
SLVR.L WisdomTree Silver | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SLVR.L and AG have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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