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SIL vs SPY

Comparison between Global X Silver Miners ETF (SIL, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSIL has outperformed SPY, delivering a return of +16.9% compared to +13.2%

SIL vs SPY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SIL
$4.20B
Winner
SPY
$781B
Expense Ratio
SIL
0.65%
Winner
SPY
0.09%
Max Drawdown
SIL
83.36%
Winner
SPY
56.47%
Sharpe Ratio
SIL
1.14
Winner
SPY
1.43
5Y Beta
SIL
1.04
Winner
SPY
1.00
P/E Ratio
SIL
N/A
SPY
26.48
Forward P/E
SIL
N/A
SPY
20.89
PEG Ratio
SIL
N/A
SPY
0.30
5Y Dividends CAGR
SIL
-0.70%
Winner
SPY
6.00%
5Y EPS CAGR
SIL
N/A
SPY
26.40%
Debt to Equity
SIL
N/A
SPY
48.17%
P/S Ratio
SIL
N/A
SPY
3.72
P/B Ratio
SIL
N/A
SPY
5.55

SIL vs SPY - Holdings Comparison

SIL and SPY have 1 common holdings. Overlap is -0.06%

SIL's top 25 holdings weight is 96.53%. SPY's top 25 holdings weight is 51.49%.

RankSILSPY
#1
WHEATON PRECIOUS METALS CORP (n/a) - 22.02%
NVIDIA CORP (NVDA) - 7.76%
#2
PAN AMERICAN SILVER CORP (n/a) - 12.36%
APPLE INC (AAPL) - 7.44%
#3
COEUR MINING INC (CDE) - 10.79%
MICROSOFT CORP (MSFT) - 4.56%
#4
HECLA MINING CO (HL) - 4.95%
AMAZON.COM INC (AMZN) - 3.74%
#5
INDUSTRIAS PENOLES SAB DE CV (n/a) - 4.91%
ALPHABET INC CLASS A (GOOGL) - 3.14%
#6
FIRST MAJESTIC SILVER (n/a) - 4.70%
BROADCOM INC (AVGO) - 2.83%
#7
FRESNILLO PLC (n/a) - 4.43%
ALPHABET INC CLASS C (GOOG) - 2.53%
#8
SSR MINING INC (n/a) - 4.24%
META PLATFORMS INC CLASS A (META) - 2.18%
#9
OR ROYALTIES INC (n/a) - 4.07%
MICRON TECHNOLOGY INC (MU) - 1.69%
#10
COMPANIA DE MINAS BUENAVENTURA SAA ADR (BVN) - 3.91%
TESLA INC (TSLA) - 1.65%
#11
DISCOVERY MINING LTD (n/a) - 2.96%
ELI LILLY AND CO (LLY) - 1.44%
#12
KOREA ZINC CO LTD (n/a) - 2.38%
JPMORGAN CHASE & CO (JPM) - 1.43%
#13
AYA GOLD & SILVER INC (AYA) - 1.95%
BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.39%
#14
FORTUNA MINING CORP (n/a) - 1.85%
ADVANCED MICRO DEVICES INC (AMD) - 1.37%
#15
ENDEAVOUR SILVER CORP (EXK) - 1.70%
EXXONMOBIL HOLDINGS CORP (XOM) - 0.97%
#16
TRIPLE FLAG PRECIOUS METALS CORP (TFPM) - 1.44%
JOHNSON & JOHNSON (JNJ) - 0.93%
#17
SILVERCORP METALS INC (SVM) - 1.44%
VISA INC CLASS A (V) - 0.91%
#18
HOCHSCHILD MINING PLC (n/a) - 1.34%
INTEL CORP (INTC) - 0.77%
#19
ABRASILVER RESOURCE CORP (n/a) - 0.97%
WALMART INC (WMT) - 0.75%
#20
VIZSLA SILVER CORP ORDINARY SHARES (NEW SHARES) (VZLA) - 0.73%
ABBVIE INC (ABBV) - 0.70%
#21
HYCROFT MINING HOLDING CORP ORDINARY SHARES CLASS A (HYMC) - 0.70%
APPLIED MATERIALS INC (AMAT) - 0.69%
#22
AMERICAS GOLD AND SILVER (n/a) - 0.68%
CISCO SYSTEMS INC (CSCO) - 0.68%
#23
AVINO SILVER & GOLD MINES LTD (ASM) - 0.68%
MASTERCARD INC CLASS A (MA) - 0.67%
#24
MCEWEN INC (MUX) - 0.67%
COSTCO WHOLESALE CORP (COST) - 0.64%
#25
GOGOLD RESOURCES INC (n/a) - 0.66%
CATERPILLAR INC (CAT) - 0.63%
Total Holdings41505

SIL vs SPY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
SIL
+4.47%
SPY
+2.30%
3M
SIL
-11.94%
Winner
SPY
+5.00%
6M
SIL
-14.39%
Winner
SPY
+11.88%
1Y
Winner
SIL
+62.70%
SPY
+22.80%
5Y(CAGR)
Winner
SIL
+16.87%
SPY
+13.20%
10Y(CAGR)
SIL
+6.65%
Winner
SPY
+15.26%
Max(CAGR)
SIL
+5.09%
Winner
SPY
+8.59%

SIL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearSILSPY
2026+0.44%+13.10%
2025+155.29%+18.00%
2024+17.34%+25.59%
2023-0.35%+26.72%
2022-21.45%-18.64%
2021-24.30%+30.52%
2020+41.23%+17.28%
2019+33.94%+31.09%
2018-24.58%-5.24%
2017-3.64%+20.78%
2016+76.32%+13.59%
2015-33.97%+1.31%
2014-20.25%+14.56%
2013-51.94%+29.00%
2012+3.37%+14.17%
2011-22.87%+0.85%
2010+85.73%+13.14%
2009N/A+22.67%
2008N/A-36.25%
2007N/A+5.32%
2006N/A+13.85%
2005N/A+5.32%
2004N/A+10.75%
2003N/A+24.18%
2002N/A-22.42%
2001N/A-10.13%
2000N/A-8.84%
1999N/A+8.61%

SIL vs SPY Drawdown Comparison

The maximum drawdown for SIL was -82.99%, occurring on Jan 19, 2016. Recovery took 3652 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SIL drawdown is -29.36%. The current SPY drawdown is -0.36%.

RankSILSPY
#1-82.99%
Apr 8, 2011 - Oct 16, 2025
-55.20%
Oct 9, 2007 - Aug 16, 2012
#2-39.41%
Feb 27, 2026 - Jul 20, 2026
-47.50%
Mar 24, 2000 - Oct 26, 2006
#3-23.41%
Jan 3, 2011 - Mar 1, 2011
-33.70%
Feb 19, 2020 - Aug 10, 2020
#4-22.10%
Oct 16, 2025 - Dec 11, 2025
-24.50%
Jan 3, 2022 - Dec 13, 2023
#5-19.71%
Jan 28, 2026 - Feb 26, 2026
-19.34%
Sep 20, 2018 - Apr 12, 2019
#6-15.50%
May 12, 2010 - Aug 27, 2010
-18.76%
Feb 19, 2025 - Jun 26, 2025
#7-13.94%
Mar 7, 2011 - Apr 4, 2011
-13.02%
Jul 20, 2015 - Apr 18, 2016
#8-10.38%
Nov 8, 2010 - Nov 30, 2010
-10.10%
Jan 26, 2018 - Aug 6, 2018
#9-6.95%
Oct 14, 2010 - Nov 1, 2010
-9.44%
Sep 2, 2020 - Nov 11, 2020
#10-6.80%
Dec 26, 2025 - Jan 6, 2026
-9.30%
Jan 19, 2000 - Mar 17, 2000
#11-6.57%
Apr 29, 2010 - May 11, 2010
-9.05%
Jul 19, 2007 - Oct 5, 2007
#12-6.00%
Dec 6, 2010 - Dec 29, 2010
-8.88%
Jan 27, 2026 - Apr 14, 2026
#13-2.27%
Oct 6, 2010 - Oct 13, 2010
-8.41%
Jul 16, 2024 - Sep 19, 2024
#14-2.26%
Jan 6, 2026 - Jan 9, 2026
-7.35%
Sep 14, 2012 - Jan 2, 2013
#15-2.24%
Apr 23, 2010 - Apr 29, 2010
-7.27%
Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SIL and SPY is 0.25 which considered as a very weak or no correlation - the stocks move independently of each other.

0.25
-101

Dividend Comparison (1999 - 2026)

SIL vs SPY dividend yield comparison.

YearSILSPY
20260.13%0.48%
20251.18%1.07%
20242.40%1.21%
20230.59%1.40%
20220.48%1.65%
20211.59%1.20%
20201.92%1.52%
20191.53%1.75%
20181.21%2.04%
20170.02%1.80%
20163.34%2.03%
20150.38%2.06%
20140.07%1.87%
20130.66%1.81%
20120.89%2.18%
20110.17%2.05%
20100.89%1.80%
20090.00%1.95%
20080.00%3.02%
20070.00%1.85%
20060.00%1.73%
20050.00%1.73%
20040.00%1.82%
20030.00%1.47%
20020.00%1.70%
20010.00%1.25%
20000.00%1.15%
19990.00%0.24%

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