SVM.TO vs. MUX.TO
SVM.TO (Silvercorp Metals Inc.) and MUX.TO (McEwen Mining Inc.) are both stocks. Both are in the Basic Materials sector — SVM.TO in Silver, MUX.TO in Other Precious Metals & Mining. Over the past 10 years, SVM.TO returned 14.05%/yr vs -7.61%/yr for MUX.TO. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
SVM.TO vs. MUX.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SVM.TO achieves a 9.26% return, which is significantly higher than MUX.TO's -8.99% return. Over the past 10 years, SVM.TO has outperformed MUX.TO with an annualized return of 14.05%, while MUX.TO has yielded a comparatively lower -7.61% 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%
MUX.TO
- 1D
- 1.09%
- 1M
- -14.43%
- 6M
- -27.30%
- YTD
- -8.99%
- 1Y
- 54.29%
- 3Y*
- 25.79%
- 5Y*
- 9.55%
- 10Y*
- -7.61%
- ALL TIME*
- -5.32%
SVM.TO vs. MUX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
MUX.TO McEwen Mining Inc. | -8.99% | 127.91% | 17.31% | 19.72% | -30.18% | -8.80% | -24.70% | -33.59% | -12.55% | -27.21% |
Correlation
The correlation between SVM.TO and MUX.TO is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2006 | 0.58 |
Over the past year, SVM.TO and MUX.TO have become more correlated (0.78) than their long-term average of 0.58, meaning their price movements have been converging.
Fundamentals
SVM.TO:
CA$2.77B
MUX.TO:
CA$1.39B
SVM.TO:
-$0.04
MUX.TO:
$1.20
SVM.TO:
4.50
MUX.TO:
4.30
SVM.TO:
2.09
MUX.TO:
1.84
SVM.TO:
$434.80M
MUX.TO:
$235.72M
SVM.TO:
$295.67M
MUX.TO:
$47.67M
SVM.TO:
$180.83M
MUX.TO:
$35.99M
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Return for Risk
SVM.TO vs. MUX.TO — Risk / Return Rank
SVM.TO
MUX.TO
SVM.TO vs. MUX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM.TO) and McEwen Mining Inc. (MUX.TO). 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 | MUX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.18 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 1.30 | +1.23 |
| Martin ratioReturn relative to average drawdown | 6.57 | 2.74 | +3.83 |
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Drawdowns
SVM.TO vs. MUX.TO - Drawdown Comparison
The maximum SVM.TO drawdown since its inception was -95.62%, roughly equal to the maximum MUX.TO drawdown of -95.62%. Use the drawdown chart below to compare losses from any high point for SVM.TO and MUX.TO.
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Drawdown Indicators
| SVM.TO | MUX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.62% | -95.62% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -42.27% | -41.88% | -0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -42.27% | -44.54% | +2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -54.71% | -75.13% | +20.42% |
Max Drawdown (10Y)Largest decline over 10 years | -75.04% | -93.74% | +18.70% |
Current DrawdownCurrent decline from peak | -41.72% | -73.50% | +31.78% |
Average DrawdownAverage peak-to-trough decline | -57.64% | -67.61% | +9.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.25% | 19.88% | -3.63% |
Volatility
SVM.TO vs. MUX.TO - Volatility Comparison
Silvercorp Metals Inc. (SVM.TO) has a higher volatility of 14.93% compared to McEwen Mining Inc. (MUX.TO) at 13.89%. This indicates that SVM.TO's price experiences larger fluctuations and is considered to be riskier than MUX.TO 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 | MUX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.93% | 13.89% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 55.05% | 50.71% | +4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.78% | 67.02% | +0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.25% | 61.65% | -8.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.38% | 62.02% | -2.64% |
Dividends
SVM.TO vs. MUX.TO - Dividend Comparison
SVM.TO's dividend yield for the trailing twelve months is around 0.28%, while MUX.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUX.TO McEwen Mining Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.04% | 0.03% | 0.03% | 0.03% |
SVM.TO Silvercorp Metals Inc. | 0.28% | 0.30% | 0.80% | 0.98% | 0.83% | 0.53% | 0.39% | 0.40% | 0.88% | 0.72% | 0.32% | 1.52% |
Financials
SVM.TO vs. MUX.TO - Financials Comparison
This section allows you to compare key financial metrics between Silvercorp Metals Inc. and McEwen Mining Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SVM.TO vs. MUX.TO - Profitability Comparison
SVM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Silvercorp Metals Inc. reported a gross profit of 97.07M and revenue of 144.94M. Therefore, the gross margin over that period was 67.0%.
MUX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported a gross profit of 25.08M and revenue of 73.86M. Therefore, the gross margin over that period was 34.0%.
SVM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Silvercorp Metals Inc. reported an operating income of 93.20M and revenue of 144.94M, resulting in an operating margin of 64.3%.
MUX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported an operating income of 10.88M and revenue of 73.86M, resulting in an operating margin of 14.7%.
SVM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Silvercorp Metals Inc. reported a net income of -710.17K and revenue of 144.94M, resulting in a net margin of -0.5%.
MUX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, McEwen Mining Inc. reported a net income of 33.29M and revenue of 73.86M, resulting in a net margin of 45.1%.
Frequently Asked Questions
SVM.TO and MUX.TO have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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