SLVRX vs. SIVR

Last updated Aug 1, 2026

SLVRX (Columbia Select Large Cap Value Fund Class R) and SIVR (abrdn Physical Silver Shares ETF) are both funds - SLVRX is a Large Cap Value Equities fund managed by Columbia, while SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt). Over the past 10 years, SLVRX returned 12.97%/yr vs 10.56%/yr for SIVR. Their 0.23 correlation means their historical movements had little consistent relationship. SLVRX charges 1.05%/yr vs 0.30%/yr for SIVR.

Performance

SLVRX vs. SIVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Large Cap Value Fund Class R (SLVRX) and abrdn Physical Silver Shares ETF (SIVR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLVRX achieves a 15.83% return, which is significantly higher than SIVR's -18.61% return. Over the past 10 years, SLVRX has outperformed SIVR with an annualized return of 12.97%, while SIVR has yielded a comparatively lower 10.56% annualized return.

SLVRX

• 1D: 0.83%
• 1M: 0.57%
• 6M: 10.51%
• YTD: 15.83%
• 1Y: 37.31%
• 3Y*: 18.41%
• 5Y*: 12.69%
• 10Y*: 12.97%
• ALL TIME*: 10.11%

SIVR

• 1D: -2.08%
• 1M: -4.79%
• 6M: -30.49%
• YTD: -18.61%
• 1Y: 56.26%
• 3Y*: 33.21%
• 5Y*: 17.49%
• 10Y*: 10.56%
• ALL TIME*: 8.45%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SIVR abrdn Physical Silver Shares ETF	$49.50M	$48.83M	$86.59M
SLVRX Columbia Select Large Cap Value Fund Class R	$0.00	$0.00	$0.00

SLVRX vs. SIVR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVRX Columbia Select Large Cap Value Fund Class R	15.83%	27.32%	12.24%	5.25%	-1.30%	26.02%	5.92%	26.26%	-12.52%	18.96%
SIVR abrdn Physical Silver Shares ETF	-18.61%	145.34%	21.08%	-0.91%	2.59%	-12.33%	47.52%	15.17%	-8.96%	5.97%

Correlation

The correlation between SLVRX and SIVR is 0.39, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.39
Correlation (3Y) Balances recent behavior with more history.	0.33
Correlation (5Y) Shows whether the relationship held over a longer period.	0.31
Correlation (10Y) Provides a long-term view across more market conditions.	0.23
Correlation (All Time) Calculated using the full available price history since Jul 24, 2009	0.23

The correlation between SLVRX and SIVR shifts across timeframes, from 0.23 (10 years) to 0.39 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SLVRX vs. SIVR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SLVRX

SLVRX Risk / Return Rank: 95
SLVRX Sharpe Ratio Rank: 97
SLVRX Sortino Ratio Rank: 95
SLVRX Omega Ratio Rank: 92
SLVRX Calmar Ratio Rank: 94
SLVRX Martin Ratio Rank: 95

SIVR

SIVR Risk / Return Rank: 36
SIVR Sharpe Ratio Rank: 38
SIVR Sortino Ratio Rank: 37
SIVR Omega Ratio Rank: 47
SIVR Calmar Ratio Rank: 33
SIVR Martin Ratio Rank: 26

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SLVRX vs. SIVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund Class R (SLVRX) and abrdn 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.

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.

	SLVRX	SIVR	Difference
Sharpe ratio: Return per unit of total volatility	2.87	0.94	+1.93
Sortino ratio: Return per unit of downside risk	4.00	1.38	+2.63
Omega ratio: Gain probability vs. loss probability	1.52	1.22	+0.30
Calmar ratio: Return relative to maximum drawdown	3.90	1.10	+2.80
Martin ratio: Return relative to average drawdown	16.09	2.11	+13.97

SLVRX vs. SIVR - Sharpe Ratio Comparison

The current SLVRX Sharpe Ratio is 2.87, which is higher than the SIVR Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of SLVRX and SIVR, 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

SLVRX vs. SIVR - Drawdown Comparison

The maximum SLVRX drawdown since its inception was -60.20%, smaller than the maximum SIVR drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for SLVRX and SIVR.

Drawdown Indicators

	SLVRX	SIVR	Difference
Max Drawdown Largest peak-to-trough decline	-60.20%	-75.85%	+15.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-52.27%	+43.24%
Max Drawdown (3Y) Largest decline over 3 years	-14.91%	-52.27%	+37.36%
Max Drawdown (5Y) Largest decline over 5 years	-18.53%	-52.27%	+33.74%
Max Drawdown (10Y) Largest decline over 10 years	-41.51%	-52.27%	+10.76%
Current Drawdown Current decline from peak	-0.50%	-50.35%	+49.85%
Average Drawdown Average peak-to-trough decline	-7.38%	-47.84%	+40.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	27.28%	-25.08%

Volatility

SLVRX vs. SIVR - Volatility Comparison

The current volatility for Columbia Select Large Cap Value Fund Class R (SLVRX) is 2.52%, while abrdn Physical Silver Shares ETF (SIVR) has a volatility of 11.28%. This indicates that SLVRX experiences smaller price fluctuations and is considered to be less risky than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVRX	SIVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	11.28%	-8.76%
Volatility (6M) Calculated over the trailing 6-month period	9.10%	55.47%	-46.37%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	61.33%	-49.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	37.00%	-21.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	32.26%	-13.64%

SLVRX vs. SIVR - Expense Ratio Comparison

SLVRX has a 1.05% expense ratio, which is higher than SIVR's 0.30% expense ratio.

Dividends

SLVRX vs. SIVR - Dividend Comparison

SLVRX's dividend yield for the trailing twelve months is around 7.34%, while SIVR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIVR abrdn 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%
SLVRX Columbia Select Large Cap Value Fund Class R	7.34%	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 SLVRX and SIVR in my portfolio?

SLVRX and SIVR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLVRX or SIVR?

SIVR has higher volatility (11.28%) compared to SLVRX (2.52%). In terms of maximum drawdown, SLVRX dropped -60.20% vs SIVR's -75.85%.

Which has better risk-adjusted returns?

SLVRX currently has the higher Sharpe Ratio (2.87 vs 0.94), 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.