SNSG.L vs. SILG.L
SNSG.L (Global X Internet of Things UCITS ETF USD Accumulating) and SILG.L (Global X Silver Miners UCITS ETF USD Accumulating) are both exchange-traded funds - SNSG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while SILG.L is a Silver fund tracking the Solactive Global Silver Miners Total Return v2 Index. Both are passively managed. Over the past 3 years, SNSG.L returned 15.17%/yr vs 45.51%/yr for SILG.L. At a 0.24 correlation, their price movements are largely independent. SNSG.L charges 0.60%/yr vs 0.65%/yr for SILG.L.
Performance
SNSG.L vs. SILG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SNSG.L achieves a 43.59% return, which is significantly higher than SILG.L's 5.62% return.
SNSG.L
- 1D
- -0.66%
- 1M
- 17.84%
- YTD
- 43.59%
- 6M
- 40.40%
- 1Y
- 49.16%
- 3Y*
- 15.17%
- 5Y*
- —
- 10Y*
- —
SILG.L
- 1D
- 0.35%
- 1M
- -4.68%
- YTD
- 5.62%
- 6M
- 15.75%
- 1Y
- 90.07%
- 3Y*
- 45.51%
- 5Y*
- —
- 10Y*
- —
SNSG.L vs. SILG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SNSG.L Global X Internet of Things UCITS ETF USD Accumulating | 43.59% | -0.58% | 0.84% | 16.82% | 4.83% |
SILG.L Global X Silver Miners UCITS ETF USD Accumulating | 5.62% | 153.98% | 13.53% | -6.34% | -8.01% |
Correlation
The correlation between SNSG.L and SILG.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since May 9, 2022 | 0.24 |
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Return for Risk
SNSG.L vs. SILG.L — Risk / Return Rank
SNSG.L
SILG.L
SNSG.L vs. SILG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things UCITS ETF USD Accumulating (SNSG.L) and Global X Silver Miners UCITS ETF USD Accumulating (SILG.L). 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.
| SNSG.L | SILG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.31 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 3.16 | +0.69 |
| Martin ratioReturn relative to average drawdown | 10.31 | 7.69 | +2.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SNSG.L | SILG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 1.98 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.68 | -0.35 |
Drawdowns
SNSG.L vs. SILG.L - Drawdown Comparison
The maximum SNSG.L drawdown since its inception was -30.09%, smaller than the maximum SILG.L drawdown of -32.00%. Use the drawdown chart below to compare losses from any high point for SNSG.L and SILG.L.
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Drawdown Indicators
| SNSG.L | SILG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.09% | -32.00% | +1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -12.71% | -30.90% | +18.19% |
Max Drawdown (3Y)Largest decline over 3 years | -29.12% | -30.90% | +1.78% |
Current DrawdownCurrent decline from peak | -0.66% | -24.56% | +23.90% |
Average DrawdownAverage peak-to-trough decline | -10.66% | -12.52% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 12.74% | -7.98% |
Volatility
SNSG.L vs. SILG.L - Volatility Comparison
The current volatility for Global X Internet of Things UCITS ETF USD Accumulating (SNSG.L) is 8.29%, while Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a volatility of 18.48%. This indicates that SNSG.L experiences smaller price fluctuations and is considered to be less risky than SILG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNSG.L | SILG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 18.48% | -10.19% |
Volatility (6M)Calculated over the trailing 6-month period | 15.93% | 39.95% | -24.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.76% | 49.23% | -28.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.80% | 39.40% | -17.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 39.40% | -17.60% |
SNSG.L vs. SILG.L - Expense Ratio Comparison
SNSG.L has a 0.60% expense ratio, which is lower than SILG.L's 0.65% expense ratio.
Dividends
SNSG.L vs. SILG.L - Dividend Comparison
Neither SNSG.L nor SILG.L has paid dividends to shareholders.
Frequently Asked Questions
SNSG.L and SILG.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SNSG.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SNSG.L is cheaper with a 0.60% expense ratio, compared with 0.65% for SILG.L.
SNSG.L is categorized as Technology Equities, while SILG.L is Silver. SNSG.L tracks MSCI World/Information Tech NR USD, while SILG.L tracks Solactive Global Silver Miners Total Return v2 Index. Their fees differ too: 0.60% for SNSG.L and 0.65% for SILG.L.
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