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SVM.TO vs. ^TNX
Performance
Return for Risk
Drawdowns
Volatility

Performance

SVM.TO vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Silvercorp Metals Inc. (SVM.TO) and Cboe 10-Year Treasury Note Yield Index (^TNX). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SVM.TO is traded in CAD, while ^TNX is traded in USD. To make them comparable, the ^TNX values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SVM.TO achieves a 9.26% return, which is significantly lower than ^TNX's 13.07% return. Over the past 10 years, SVM.TO has outperformed ^TNX with an annualized return of 14.05%, while ^TNX has yielded a comparatively lower 12.12% annualized return.


SVM.TO

1D
0.08%
1M
-20.70%
6M
-24.26%
YTD
9.26%
1Y
106.31%
3Y*
46.23%
5Y*
16.25%
10Y*
14.05%
ALL TIME*
6.23%

^TNX

1D
1.13%
1M
2.71%
6M
9.70%
YTD
13.07%
1Y
5.88%
3Y*
8.44%
5Y*
31.77%
10Y*
12.12%
ALL TIME*
0.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SVM.TO vs. ^TNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SVM.TO
Silvercorp Metals Inc.
9.26%166.97%26.11%-12.51%-15.13%-44.20%16.64%159.17%-12.38%5.45%
^TNX
Cboe 10-Year Treasury Note Yield Index
13.07%-13.12%28.30%-2.71%172.80%64.80%-53.35%-31.50%21.07%-8.33%

Correlation

The correlation between SVM.TO and ^TNX is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.14

Correlation (3Y)
Calculated over the trailing 3-year period

-0.10

Correlation (5Y)
Calculated over the trailing 5-year period

-0.14

Correlation (10Y)
Calculated over the trailing 10-year period

-0.16

Correlation (All Time)
Calculated using the full available price history since Aug 17, 2006

-0.09

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Return for Risk

SVM.TO vs. ^TNX — Risk / Return Rank

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

SVM.TO
SVM.TO Risk / Return Rank: 8383
Overall Rank
SVM.TO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
SVM.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
SVM.TO Omega Ratio Rank: 8080
Omega Ratio Rank
SVM.TO Calmar Ratio Rank: 8484
Calmar Ratio Rank
SVM.TO Martin Ratio Rank: 8585
Martin Ratio Rank

^TNX
^TNX Risk / Return Rank: 1717
Overall Rank
^TNX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
^TNX Sortino Ratio Rank: 1515
Sortino Ratio Rank
^TNX Omega Ratio Rank: 1515
Omega Ratio Rank
^TNX Calmar Ratio Rank: 1919
Calmar Ratio Rank
^TNX Martin Ratio Rank: 1919
Martin Ratio Rank
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.

SVM.TO vs. ^TNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM.TO) and Cboe 10-Year Treasury Note Yield Index (^TNX). 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.


SVM.TO^TNXDifference
Sharpe ratioReturn per unit of total volatility

+1.20

Sortino ratioReturn per unit of downside risk

+1.38

Omega ratioGain probability vs. loss probability

1.26

1.07

+0.19

Calmar ratioReturn relative to maximum drawdown

2.53

0.56

+1.97

Martin ratioReturn relative to average drawdown

6.57

1.23

+5.34

SVM.TO vs. ^TNX - Sharpe Ratio Comparison

The current SVM.TO Sharpe Ratio is 1.58, which is higher than the ^TNX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of SVM.TO and ^TNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

SVM.TO vs. ^TNX - Drawdown Comparison

The maximum SVM.TO drawdown since its inception was -95.62%, which is greater than ^TNX's maximum drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for SVM.TO and ^TNX.


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Drawdown Indicators


SVM.TO^TNXDifference

Max Drawdown

Largest peak-to-trough decline

-95.62%

-89.94%

-5.68%

Max Drawdown (1Y)

Largest decline over 1 year

-42.27%

-10.53%

-31.74%

Max Drawdown (3Y)

Largest decline over 3 years

-42.27%

-28.13%

-14.14%

Max Drawdown (5Y)

Largest decline over 5 years

-54.71%

-28.13%

-26.58%

Max Drawdown (10Y)

Largest decline over 10 years

-75.04%

-83.97%

+8.93%

Current Drawdown

Current decline from peak

-41.72%

-6.90%

-34.82%

Average Drawdown

Average peak-to-trough decline

-57.64%

-44.63%

-13.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.25%

5.15%

+11.10%

Volatility

SVM.TO vs. ^TNX - Volatility Comparison

Silvercorp Metals Inc. (SVM.TO) has a higher volatility of 14.93% compared to Cboe 10-Year Treasury Note Yield Index (^TNX) at 4.38%. This indicates that SVM.TO's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SVM.TO^TNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.93%

4.38%

+10.55%

Volatility (6M)

Calculated over the trailing 6-month period

55.05%

11.80%

+43.25%

Volatility (1Y)

Calculated over the trailing 1-year period

67.78%

15.46%

+52.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.25%

32.06%

+21.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

59.38%

48.34%

+11.04%

Frequently Asked Questions


SVM.TO and ^TNX have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for SVM.TO and ^TNX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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