ZBRA vs. SLV
ZBRA (Zebra Technologies Corporation) is a stock, while SLV (iShares Silver Trust) is Silver fund tracking the LBMA Silver Price. Over the past 10 years, ZBRA returned 15.95%/yr vs 15.63%/yr for SLV. At a 0.12 correlation, their price movements are largely independent.
Performance
ZBRA vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, ZBRA achieves a 1.10% return, which is significantly lower than SLV's 3.97% return. Both investments have delivered pretty close results over the past 10 years, with ZBRA having a 15.95% annualized return and SLV not far behind at 15.63%.
ZBRA
- 1D
- -1.53%
- 1M
- 7.48%
- YTD
- 1.10%
- 6M
- -6.68%
- 1Y
- -15.65%
- 3Y*
- -3.02%
- 5Y*
- -13.83%
- 10Y*
- 15.95%
SLV
- 1D
- 1.16%
- 1M
- 1.62%
- YTD
- 3.97%
- 6M
- 29.40%
- 1Y
- 113.72%
- 3Y*
- 45.73%
- 5Y*
- 21.04%
- 10Y*
- 15.63%
ZBRA vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZBRA Zebra Technologies Corporation | 1.10% | -37.13% | 41.30% | 6.60% | -56.92% | 54.87% | 50.46% | 60.42% | 53.40% | 21.04% |
SLV iShares Silver Trust | 3.97% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between ZBRA and SLV 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since May 1, 2006 | 0.12 |
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Return for Risk
ZBRA vs. SLV — Risk / Return Rank
ZBRA
SLV
ZBRA vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zebra Technologies Corporation (ZBRA) and iShares Silver Trust (SLV). 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.
| ZBRA | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -2.38 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.36 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 2.69 | -3.07 |
| Martin ratioReturn relative to average drawdown | -0.66 | 5.76 | -6.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZBRA | SLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | 1.94 | -2.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | 0.58 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.49 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.25 | 0.00 |
Drawdowns
ZBRA vs. SLV - Drawdown Comparison
The maximum ZBRA drawdown since its inception was -73.42%, roughly equal to the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for ZBRA and SLV.
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Drawdown Indicators
| ZBRA | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.42% | -76.28% | +2.86% |
Max Drawdown (1Y)Largest decline over 1 year | -41.62% | -42.45% | +0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -52.67% | -42.45% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -67.78% | -42.45% | -25.33% |
Max Drawdown (10Y)Largest decline over 10 years | -67.78% | -42.81% | -24.97% |
Current DrawdownCurrent decline from peak | -60.06% | -36.57% | -23.49% |
Average DrawdownAverage peak-to-trough decline | -27.68% | -44.67% | +16.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.81% | 19.81% | +4.00% |
Volatility
ZBRA vs. SLV - Volatility Comparison
Zebra Technologies Corporation (ZBRA) and iShares Silver Trust (SLV) have volatilities of 15.85% and 16.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZBRA | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.85% | 16.34% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 29.82% | 58.31% | -28.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.13% | 58.90% | -17.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.27% | 36.15% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.26% | 31.83% | +7.43% |
Dividends
ZBRA vs. SLV - Dividend Comparison
Neither ZBRA nor SLV has paid dividends to shareholders.
Frequently Asked Questions
ZBRA and SLV 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.
SLV has higher volatility (16.34%) compared to ZBRA (15.85%). In terms of maximum drawdown, ZBRA dropped -73.42% vs SLV's -76.28%.
SLV currently has the higher Sharpe Ratio (1.94 vs -0.38), 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.
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