iShares Silver Trust

10-Year Study

SLV.US · · US · ETF

Executive Summary: iShares Silver Trust has compounded at 16.9% annually over the last 10 years, with a maximum drawdown of 36.8% and an annualized volatility of 39.2%.

1Y CAGR
+156.8%
3Y CAGR
+50.5%
5Y CAGR
+22.8%
10Y CAGR
+16.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
36.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.58
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.21
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
29.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +144.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · -12.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202617.112.7-19.84.5————————10.6%
20258.3-0.79.5-4.51.49.41.68.617.13.916.425.8144.7%
2024-4.0-0.99.75.715.4-4.3-0.7-0.27.84.9-6.3-5.720.9%
2023-0.9-12.015.14.0-6.0-3.38.6-1.3-9.23.110.2-5.8-1.1%
2022-3.38.71.1-8.0-5.7-6.00.3-11.35.50.715.97.82.4%
20211.7-1.3-7.95.87.9-6.5-2.4-6.3-7.37.7-4.72.1-12.5%
20200.8-7.7-16.07.119.22.133.215.8-17.51.6-4.316.747.3%
20193.7-2.8-3.1-1.1-2.65.06.112.8-7.26.3-5.94.814.9%
20182.3-5.4-0.3-0.20.5-2.0-3.6-6.60.6-2.3-0.79.0-9.2%
201710.14.4-0.7-5.50.6-4.11.24.7-5.50.3-1.83.15.8%
2016———15.7-10.517.68.3-8.42.7-6.8-7.7-3.52.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 39.2%. The dominant macroeconomic risk driver is SHV.US, accounting for 27.4% of variance. Idiosyncratic stock-specific factors contribute 18.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0111566.757493188012
2016-05-0110347.41144414169
2016-06-0112169.618528610354
2016-07-0113181.198910081746
2016-08-0112070.844686648501
2016-09-0112397.820163487739
2016-10-0111559.945504087193
2016-11-0110667.574931880108
2016-12-0110292.91553133515
2017-01-0111328.3378746594
2017-02-0111832.425068119892
2017-03-0111750.681198910082
2017-04-0111103.542234332426
2017-05-0111164.850136239784
2017-06-0110701.634877384196
2017-07-0110831.062670299727
2017-08-0111341.961852861035
2017-09-0110722.070844686648
2017-10-0110756.130790190735
2017-11-0110565.395095367847
2017-12-0110892.370572207084
2018-01-0111137.602179836515
2018-02-0110531.33514986376
2018-03-0110497.275204359672
2018-04-0110476.83923705722
2018-05-0110531.33514986376
2018-06-0110320.16348773842
2018-07-019952.316076294277
2018-08-019298.365122615804
2018-09-019352.861035422344
2018-10-019134.877384196187
2018-11-019073.569482288829
2018-12-019891.008174386921
2019-01-0110252.043596730247
2019-02-019965.940054495914
2019-03-019659.400544959128
2019-04-019550.40871934605
2019-05-019298.365122615804
2019-06-019761.580381471389
2019-07-0110361.035422343326
2019-08-0111682.561307901906
2019-09-0110844.686648501363
2019-10-0111525.885558583106
2019-11-0110844.686648501363
2019-12-0111362.397820163487
2020-01-0111457.765667574933
2020-02-0110579.019073569481
2020-03-018889.645776566758
2020-04-019523.16076294278
2020-05-0111348.773841961853
2020-06-0111587.193460490464
2020-07-0115429.155313351497
2020-08-0117867.84741144414
2020-09-0114741.144414168939
2020-10-0114979.564032697548
2020-11-0114339.23705722071
2020-12-0116737.057220708448
2021-01-0117023.160762942778
2021-02-0116798.365122615804
2021-03-0115463.215258855585
2021-04-0116355.585831062672
2021-05-0117643.051771117167
2021-06-0116498.637602179835
2021-07-0116096.730245231607
2021-08-0115081.74386920981
2021-09-0113978.201634877385
2021-10-0115047.683923705721
2021-11-0114346.049046321525
2021-12-0114652.588555858312
2022-01-0114168.937329700273
2022-02-0115408.719346049047
2022-03-0115585.831062670299
2022-04-0114332.425068119892
2022-05-0113514.986376021798
2022-06-0112697.547683923707
2022-07-0112738.41961852861
2022-08-0111294.277929155312
2022-09-0111920.980926430519
2022-10-0112002.724795640328
2022-11-0113916.893732970027
2022-12-0115000
2023-01-0114870.572207084468
2023-02-0113092.643051771116
2023-03-0115068.119891008177
2023-04-0115667.574931880108
2023-05-0114720.708446866483
2023-06-0114230.24523160763
2023-07-0115456.40326975477
2023-08-0115252.043596730247
2023-09-0113855.585831062672
2023-10-0114291.553133514986
2023-11-0115756.130790190735
2023-12-0114836.512261580383
2024-01-0114243.869209809265
2024-02-0114121.253405994552
2024-03-0115497.275204359672
2024-04-0116382.833787465941
2024-05-0118910.08174386921
2024-06-0118099.455040871933
2024-07-0117976.839237057222
2024-08-0117949.591280653953
2024-09-0119352.861035422346
2024-10-0120306.539509536786
2024-11-0119019.07356948229
2024-12-0117935.967302452314
2025-01-0119420.98092643052
2025-02-0119284.74114441417
2025-03-0121110.35422343324
2025-04-0120163.48773841962
2025-05-0120435.967302452318
2025-06-0122350.13623978202
2025-07-0122697.547683923705
2025-08-0124652.58855585831
2025-09-0128862.39782016349
2025-10-0129979.564032697548
2025-11-0134884.196185286106
2025-12-0143882.83378746595
2026-01-0151389.64577656676
2026-02-0157895.09536784741
2026-03-0146416.89373297003
2026-04-0148528.610354223434
Annual Return Matrix
YearAnnual Return
20170.05823957643944411
2018-0.09193245778611636
20190.14876033057851235
20200.4730215827338129
2021-0.12454212454212454
20220.023709902370990132
2023-0.01089918256130784
20240.20890725436179958
20251.4466388150398788
20260.1058677429369761
Total Factor Risk
0.3918898194157169
VTI.US Exposure
0.19793188960075223
VEA.US Exposure
0.08000964612620222
VWO.US Exposure
-0.013496426161791366
QQQ.US Exposure
-0.02555592320374721
VTV.US Exposure
-0.04395414353435494
IJR.US Exposure
-0.018281013486763472
QUAL.US Exposure
0.024275264703931296
SHV.US Exposure
0.2737622944211002
TLT.US Exposure
0.05284634906896299
LQD.US Exposure
-0.01529051591656794
HYG.US Exposure
-0.007304377267278291
GLD.US Exposure
0.23995044309232955
USO.US Exposure
0.0029471029127977498
VNQ.US Exposure
-0.0006745423004486246
BTC-USD.CC Exposure
0.0014125613932035605
CPER.US Exposure
0.0745309165011559
VIX.INDX Exposure
0.019164170215922014
UUP.US Exposure
-0.01656068033748891
TIP.US Exposure
-0.006216727070296607
Idiosyncratic Exposure
0.18050371124237977
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
39.2%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+30.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
32.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
2.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares Silver Trust a high-risk investment?

iShares Silver Trust (SLV.US) has an annualized volatility of 39.2% and experienced a maximum drawdown of 36.8% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of SLV.US?

Over the past 10 years, SLV.US has generated a Compound Annual Growth Rate (CAGR) of 16.9%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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