SVR.TO vs. CMR.TO
SVR.TO (iShares Silver Bullion ETF) and CMR.TO (iShares Premium Money Market ETF) are both exchange-traded funds - SVR.TO is a Silver fund tracking the LBMA Silver Price, while CMR.TO is a Money Market fund actively managed by iShares. SVR.TO is passively managed, while CMR.TO is actively managed. Over the past 10 years, SVR.TO returned 13.98%/yr vs 1.89%/yr for CMR.TO. At a correlation of -0.01, they often move in opposite directions. SVR.TO charges 0.66%/yr vs 0.14%/yr for CMR.TO.
Performance
SVR.TO vs. CMR.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SVR.TO achieves a 2.55% return, which is significantly higher than CMR.TO's 0.99% return. Over the past 10 years, SVR.TO has outperformed CMR.TO with an annualized return of 13.98%, while CMR.TO has yielded a comparatively lower 1.89% annualized return.
SVR.TO
- 1D
- 0.77%
- 1M
- 1.55%
- YTD
- 2.55%
- 6M
- 27.55%
- 1Y
- 106.41%
- 3Y*
- 43.28%
- 5Y*
- 19.20%
- 10Y*
- 13.98%
CMR.TO
- 1D
- 0.02%
- 1M
- 0.19%
- YTD
- 0.99%
- 6M
- 1.05%
- 1Y
- 2.39%
- 3Y*
- 3.73%
- 5Y*
- 2.94%
- 10Y*
- 1.89%
SVR.TO vs. CMR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SVR.TO iShares Silver Bullion ETF | 2.55% | 140.56% | 18.71% | -0.94% | 0.09% | -13.03% | 42.96% | 12.77% | -9.50% | 4.40% |
CMR.TO iShares Premium Money Market ETF | 0.99% | 2.68% | 4.70% | 4.70% | 1.71% | 0.00% | 0.47% | 1.63% | 1.29% | 0.63% |
Correlation
The correlation between SVR.TO and CMR.TO is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2009 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SVR.TO vs. CMR.TO — Risk / Return Rank
SVR.TO
CMR.TO
SVR.TO vs. CMR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Silver Bullion ETF (SVR.TO) and iShares Premium Money Market ETF (CMR.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.
| SVR.TO | CMR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.84 | ||
| Sortino ratioReturn per unit of downside risk | -19.24 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 9.64 | -8.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 25.66 | -23.15 |
| Martin ratioReturn relative to average drawdown | 5.34 | 188.94 | -183.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SVR.TO | CMR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 10.70 | -8.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 10.68 | -10.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 7.03 | -6.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 3.84 | -3.58 |
Drawdowns
SVR.TO vs. CMR.TO - Drawdown Comparison
The maximum SVR.TO drawdown since its inception was -77.85%, which is greater than CMR.TO's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for SVR.TO and CMR.TO.
Loading charts...
Drawdown Indicators
| SVR.TO | CMR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -0.52% | -77.33% |
Max Drawdown (1Y)Largest decline over 1 year | -42.63% | -0.09% | -42.54% |
Max Drawdown (3Y)Largest decline over 3 years | -42.63% | -0.09% | -42.54% |
Max Drawdown (5Y)Largest decline over 5 years | -42.63% | -0.09% | -42.54% |
Max Drawdown (10Y)Largest decline over 10 years | -45.52% | -0.14% | -45.38% |
Current DrawdownCurrent decline from peak | -37.16% | 0.00% | -37.16% |
Average DrawdownAverage peak-to-trough decline | -50.34% | -0.01% | -50.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.99% | 0.01% | +19.98% |
Volatility
SVR.TO vs. CMR.TO - Volatility Comparison
iShares Silver Bullion ETF (SVR.TO) has a higher volatility of 16.52% compared to iShares Premium Money Market ETF (CMR.TO) at 0.05%. This indicates that SVR.TO's price experiences larger fluctuations and is considered to be riskier than CMR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SVR.TO | CMR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.52% | 0.05% | +16.47% |
Volatility (6M)Calculated over the trailing 6-month period | 56.28% | 0.18% | +56.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.68% | 0.22% | +57.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.45% | 0.28% | +36.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.51% | 0.27% | +32.24% |
SVR.TO vs. CMR.TO - Expense Ratio Comparison
SVR.TO has a 0.66% expense ratio, which is higher than CMR.TO's 0.14% expense ratio.
Dividends
SVR.TO vs. CMR.TO - Dividend Comparison
SVR.TO has not paid dividends to shareholders, while CMR.TO's dividend yield for the trailing twelve months is around 2.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMR.TO iShares Premium Money Market ETF | 2.48% | 2.81% | 4.56% | 4.64% | 1.62% | 0.00% | 0.47% | 1.60% | 1.33% | 0.61% | 0.43% | 0.48% |
SVR.TO iShares Silver Bullion 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% |
Frequently Asked Questions
SVR.TO and CMR.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMR.TO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMR.TO is cheaper with a 0.14% expense ratio, compared with 0.66% for SVR.TO.
SVR.TO is categorized as Silver, while CMR.TO is Money Market. Their fees differ too: 0.66% for SVR.TO and 0.14% for CMR.TO.
Find the right allocation for SVR.TO and CMR.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer