iShares MSCI Global Silver and Metals Miners ETF (SLVP) Performance
SLVP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −11.3% since Dec 31, 2025
- 1 year
- +15.9% total return
- 5 years
- +17.9% a year
- 10 years
- +10.3% a year
- Since first price
- +2.6% a year since 2012
SLVP trailing returns vs SPY, QQQ, AGG
| Period | SLVP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −19.2% | −19.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −17.8% | −18.2% | +7.8% | +8.4% | −1.5% |
| YTD | −11.3% | −11.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.9% | +13.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +250.3%+51.9%/yr | +237.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +127.4%+17.9%/yr | +115.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +167.5%+10.3%/yr | +129.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 2, 2012 | +46.4%+2.6%/yr | +18.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SLVP vs SPY
From Feb 2, 2012: SLVP grew to $14,639, SPY to $73,908.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SLVP returns by calendar year
6 of 13 full years positive. Best 2025 (+202.8%), worst 2013 (−50.7%). 2026 is year to date.
SLVP annual returns table
| Year | SLVP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −11.3% | −39.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +202.8% | −21.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.5% | −26.0% | +24.9% | +25.6% | +1.3% |
| 2023 | −2.3% | −34.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.1% | −47.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −23.5% | −35.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +56.4% | −46.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +37.7% | −20.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −22.1% | −34.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +4.6% | −26.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +90.5% | −41.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −35.5% | −44.8% | +1.2% | +9.4% | +0.5% |
| 2014 | −14.9% | −41.6% | +13.5% | +19.2% | +6.0% |
| 2013 | −50.7% | −54.8% | +32.3% | +36.6% | −2.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SLVP largest drawdowns
Now 36.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 28, 2012 | −80.5% | Jan 20, 2016 | Sep 2, 2025 | 3.9 years | 13.5 years |
| Feb 27, 2026 | −39.0% | Jul 20, 2026 | not yet | 5 months | 8 months so far |
| Oct 16, 2025 | −21.0% | Nov 4, 2025 | Nov 28, 2025 | 19 days | 43 days |
| Jan 28, 2026 | −20.9% | Feb 5, 2026 | Feb 27, 2026 | 8 days | 30 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SLVP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +61.8% | +24.5% | +11.1% | +3.6% |
| Volatility (annualized) | 47.3% | 43.5% | 40.5% | 42.6% |
| Sharpe ratio | 1.17 | 0.63 | 0.40 | 0.25 |
| Sortino ratio | 2.28 | 1.12 | 0.71 | 0.43 |
| Best month | +33.6% | +33.6% | +40.3% | +40.3% |
| Worst month | −25.4% | −25.4% | −25.4% | −25.4% |
| Best 12 months | +271.0% | +271.0% | +271.0% | +271.0% |
| Worst 12 months | +14.5% | −31.1% | −37.4% | −50.7% |
| Positive months | 61% | 53% | 48% | 45% |
| Beta vs S&P 500 | 0.57 | 0.92 | 0.94 | — |
| Correlation with S&P 500 | 0.15 | 0.33 | 0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SLVP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 165 | −50.7% | −5.3% | +271.0% | 44% |
| 3-year (a year) | 141 | −36.4% | +4.0% | +72.5% | 62% |
| 5-year (a year) | 117 | −14.1% | +3.3% | +27.3% | 68% |
| 10-year (a year) | 57 | −7.8% | +1.2% | +23.6% | 58% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
SLVP performance overview
iShares MSCI Global Silver and Metals Miners ETF (SLVP) returned +15.9% over the past year and +10.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +2.6% a year, turning $10,000 into about $14,639. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −80.5%, from Feb 28, 2012 to Jan 20, 2016, and it took 9.6 years to get back to the old high. SLVP finished 6 of its 13 full calendar years with a gain; the best year was 2025 (+202.8%) and the worst 2013 (−50.7%). Volatility has been 42.6% a year.
Related: SLVP chart, SLVP holdings, SLVP dividends. See the SLVP overview for the latest quote and fund facts.
SLVP performance FAQ
What is the SLVP return over the past year?
SLVP returned +15.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.5%.
What is the average annual return of SLVP?
SLVP has returned +17.9% a year over 5 years, +10.3% a year over 10 years, +2.6% a year since February 2, 2012 (total return, distributions reinvested).
How much would $10,000 invested in SLVP be worth?
$10,000 invested in SLVP at its first recorded close on February 2, 2012 would be worth about $14,639 on October 23, 2026 with distributions reinvested.
What was the worst year for SLVP?
The worst calendar year was 2013, with a total return of −50.7%. The best was 2025 at +202.8%.
What is the biggest drawdown of SLVP?
The largest peak-to-trough decline was −80.5% between February 28, 2012 and January 20, 2016. It recovered to the old high on September 2, 2025, 9.6 years after the bottom.
How volatile is SLVP?
Over the past 3 years SLVP had an annualized volatility of 47.3% and a Sharpe ratio of 1.17 (excess return over 1–3 month T-bills per unit of risk).