SVM vs. GSST

Last updated Jun 4, 2026

SVM (Silvercorp Metals Inc.) is a stock, while GSST (Goldman Sachs Ultra Short Bond ETF) is Ultrashort Bond fund actively managed by Goldman Sachs. Over the past 5 years, SVM returned 15.10%/yr vs 3.75%/yr for GSST. At a 0.04 correlation, their price movements are largely independent.

Performance

SVM vs. GSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Silvercorp Metals Inc. (SVM) and Goldman Sachs Ultra Short Bond ETF (GSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SVM achieves a 47.00% return, which is significantly higher than GSST's 1.55% return.

SVM

• 1D: -7.19%
• 1M: 0.74%
• YTD: 47.00%
• 6M: 54.41%
• 1Y: 197.51%
• 3Y*: 58.91%
• 5Y*: 15.10%
• 10Y*: 21.49%

GSST

• 1D: 0.00%
• 1M: 0.32%
• YTD: 1.55%
• 6M: 1.88%
• 1Y: 4.61%
• 3Y*: 5.52%
• 5Y*: 3.75%
• 10Y*: —

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

SVM vs. GSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SVM Silvercorp Metals Inc.	47.00%	179.29%	14.88%	-10.33%	-20.60%	-43.52%	18.54%	141.25%
GSST Goldman Sachs Ultra Short Bond ETF	1.55%	5.20%	6.01%	6.08%	0.13%	0.05%	1.74%	2.65%

Correlation

The correlation between SVM and GSST is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Apr 18, 2019	0.04

Return for Risk

SVM vs. GSST — Risk / Return Rank

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

SVM

SVM Risk / Return Rank: 91
SVM Sharpe Ratio Rank: 94
SVM Sortino Ratio Rank: 87
SVM Omega Ratio Rank: 86
SVM Calmar Ratio Rank: 93
SVM Martin Ratio Rank: 93

GSST

GSST Risk / Return Rank: 99
GSST Sharpe Ratio Rank: 99
GSST Sortino Ratio Rank: 99
GSST Omega Ratio Rank: 99
GSST Calmar Ratio Rank: 99
GSST Martin Ratio Rank: 99

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 vs. GSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Silvercorp Metals Inc. (SVM) and Goldman Sachs Ultra Short Bond ETF (GSST). 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.

	SVM	GSST	Difference
Sharpe ratio: Return per unit of total volatility	2.98	7.98	-5.00
Sortino ratio: Return per unit of downside risk	2.93	16.58	-13.65
Omega ratio: Gain probability vs. loss probability	1.38	3.94	-2.56
Calmar ratio: Return relative to maximum drawdown	5.77	29.99	-24.22
Martin ratio: Return relative to average drawdown	16.28	185.54	-169.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SVM vs. GSST - Sharpe Ratio Comparison

The current SVM Sharpe Ratio is 2.98, which is lower than the GSST Sharpe Ratio of 7.98. The chart below compares the historical Sharpe Ratios of SVM and GSST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SVM	GSST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.98	7.98	-5.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	5.99	-5.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	3.78	-3.60

Drawdowns

SVM vs. GSST - Drawdown Comparison

The maximum SVM drawdown since its inception was -98.00%, which is greater than GSST's maximum drawdown of -3.51%. Use the drawdown chart below to compare losses from any high point for SVM and GSST.

Drawdown Indicators

	SVM	GSST	Difference
Max Drawdown Largest peak-to-trough decline	-98.00%	-3.51%	-94.49%
Max Drawdown (1Y) Largest decline over 1 year	-34.46%	-0.15%	-34.31%
Max Drawdown (3Y) Largest decline over 3 years	-42.86%	-0.25%	-42.61%
Max Drawdown (5Y) Largest decline over 5 years	-68.10%	-1.19%	-66.91%
Max Drawdown (10Y) Largest decline over 10 years	-76.19%	—	—
Current Drawdown Current decline from peak	-38.06%	0.00%	-38.06%
Average Drawdown Average peak-to-trough decline	-71.69%	-0.16%	-71.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.19%	0.02%	+12.17%

Volatility

SVM vs. GSST - Volatility Comparison

Silvercorp Metals Inc. (SVM) has a higher volatility of 22.84% compared to Goldman Sachs Ultra Short Bond ETF (GSST) at 0.13%. This indicates that SVM's price experiences larger fluctuations and is considered to be riskier than GSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVM	GSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.84%	0.13%	+22.71%
Volatility (6M) Calculated over the trailing 6-month period	52.94%	0.41%	+52.53%
Volatility (1Y) Calculated over the trailing 1-year period	66.72%	0.58%	+66.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.97%	0.63%	+54.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.53%	0.86%	+60.67%

Dividends

SVM vs. GSST - Dividend Comparison

SVM's dividend yield for the trailing twelve months is around 0.20%, less than GSST's 4.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSST Goldman Sachs Ultra Short Bond ETF	4.32%	4.56%	5.45%	4.98%	1.97%	0.71%	1.12%	1.66%	0.00%	0.00%	0.00%	0.00%
SVM Silvercorp Metals Inc.	0.20%	0.30%	0.83%	0.95%	0.84%	0.66%	0.37%	0.44%	1.19%	0.76%	0.43%	2.13%

Frequently Asked Questions

Can I hold both SVM and GSST in my portfolio?

SVM and GSST have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SVM or GSST?

SVM has higher volatility (22.84%) compared to GSST (0.13%). In terms of maximum drawdown, SVM dropped -98.00% vs GSST's -3.51%.

Which has better risk-adjusted returns?

GSST currently has the higher Sharpe Ratio (7.98 vs 2.98), 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.