VALT.TO vs. SVR.TO
VALT.TO (CI Gold Bullion ETF) and SVR.TO (iShares Silver Bullion ETF) are both exchange-traded funds - VALT.TO is a Gold fund tracking the No Index (Physical Commodity), while SVR.TO is a Silver fund tracking the LBMA Silver Price. Both are passively managed. Over the past 5 years, VALT.TO returned 16.17%/yr vs 15.96%/yr for SVR.TO. A 0.58 correlation means they provide meaningful diversification when combined. VALT.TO charges 0.17%/yr vs 0.66%/yr for SVR.TO.
Performance
VALT.TO vs. SVR.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VALT.TO achieves a -6.93% return, which is significantly higher than SVR.TO's -19.72% return.
VALT.TO
- 1D
- 0.19%
- 1M
- 1.59%
- 6M
- -19.64%
- YTD
- -6.93%
- 1Y
- 17.76%
- 3Y*
- 25.22%
- 5Y*
- 16.17%
- 10Y*
- —
- ALL TIME*
- 13.95%
SVR.TO
- 1D
- 0.83%
- 1M
- 2.73%
- 6M
- -44.04%
- YTD
- -19.72%
- 1Y
- 43.76%
- 3Y*
- 30.10%
- 5Y*
- 15.96%
- 10Y*
- 9.22%
- ALL TIME*
- 5.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$1.38M | CA$1.42M | CA$2.81M | |
VALT.TO CI Gold Bullion ETF | CA$185.75K | CA$223.40K | CA$363.49K |
VALT.TO vs. SVR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VALT.TO CI Gold Bullion ETF | -6.93% | 60.46% | 25.58% | 12.35% | 0.92% | -3.19% |
SVR.TO iShares Silver Bullion ETF | -19.72% | 140.56% | 18.71% | -0.94% | 0.09% | -8.84% |
Correlation
The correlation between VALT.TO and SVR.TO is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2021 | 0.58 |
Over the past year, VALT.TO and SVR.TO have become more correlated (0.80) than their long-term average of 0.58, meaning their price movements have been converging.
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
VALT.TO vs. SVR.TO — Risk / Return Rank
VALT.TO
SVR.TO
VALT.TO vs. SVR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Gold Bullion ETF (VALT.TO) and iShares Silver Bullion ETF (SVR.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.
| VALT.TO | SVR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.18 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.83 | -0.17 |
| Martin ratioReturn relative to average drawdown | 1.48 | 1.64 | -0.16 |
Loading charts...
Drawdowns
VALT.TO vs. SVR.TO - Drawdown Comparison
The maximum VALT.TO drawdown since its inception was -27.07%, smaller than the maximum SVR.TO drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for VALT.TO and SVR.TO.
Loading charts...
Drawdown Indicators
| VALT.TO | SVR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.07% | -77.85% | +50.78% |
Max Drawdown (1Y)Largest decline over 1 year | -27.07% | -53.06% | +25.99% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -53.06% | +25.99% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -53.06% | +25.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.06% | — |
Current DrawdownCurrent decline from peak | -25.75% | -50.81% | +25.06% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -51.36% | +45.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.03% | 26.80% | -14.77% |
Volatility
VALT.TO vs. SVR.TO - Volatility Comparison
The current volatility for CI Gold Bullion ETF (VALT.TO) is 6.20%, while iShares Silver Bullion ETF (SVR.TO) has a volatility of 11.19%. This indicates that VALT.TO experiences smaller price fluctuations and is considered to be less risky than SVR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALT.TO | SVR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 11.19% | -4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 55.02% | -30.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.23% | 60.28% | -32.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 36.91% | -18.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 32.56% | -14.35% |
VALT.TO vs. SVR.TO - Expense Ratio Comparison
VALT.TO has a 0.17% expense ratio, which is lower than SVR.TO's 0.66% expense ratio.
Dividends
VALT.TO vs. SVR.TO - Dividend Comparison
Neither VALT.TO nor SVR.TO has paid dividends to shareholders.
Frequently Asked Questions
VALT.TO and SVR.TO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VALT.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VALT.TO is cheaper with a 0.17% expense ratio, compared with 0.66% for SVR.TO.
VALT.TO is categorized as Gold, while SVR.TO is Silver. VALT.TO tracks No Index (Physical Commodity), while SVR.TO tracks LBMA Silver Price. They also come from different issuers: CI Global Asset Management and iShares. Their fees differ too: 0.17% for VALT.TO and 0.66% for SVR.TO.
Find the right allocation for VALT.TO and SVR.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