Sprott Silver Miners & Physical Silver ETF (SLVR) Performance
SLVR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −16.8% since Dec 31, 2025
- 1 year
- +11.1% total return
- Since first price
- +125.0% since 2025
SLVR trailing returns vs SPY, QQQ, AGG
| Period | SLVR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −20.9% | −20.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.7% | −5.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −23.6% | −23.6% | +7.8% | +8.4% | −1.5% |
| YTD | −16.8% | −16.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.1% | +7.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 15, 2025 | +125.0% | +116.8% | — | — | — |
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: SLVR vs SPY
From Jan 15, 2025: SLVR grew to $22,498, SPY to $13,072.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SLVR returns by calendar year
2026 is year to date.
SLVR annual returns table
| Year | SLVR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −16.8% | −44.3% | +12.3% | +15.1% | −1.0% |
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.
SLVR largest drawdowns
Now 44.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −44.3% | Oct 23, 2026 | not yet | 8 months | 8 months so far |
| Jan 28, 2026 | −26.0% | Feb 5, 2026 | Feb 27, 2026 | 8 days | 30 days |
| Oct 16, 2025 | −23.6% | Nov 5, 2025 | Nov 28, 2025 | 20 days | 43 days |
| Mar 18, 2025 | −23.2% | Apr 8, 2025 | May 27, 2025 | 21 days | 2 months |
| Jul 22, 2025 | −10.6% | Jul 31, 2025 | Aug 26, 2025 | 9 days | 35 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SLVR risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +76.1% |
| Volatility (annualized) | 55.4% |
| Sharpe ratio | 1.24 |
| Sortino ratio | 2.29 |
| Best month | +31.3% |
| Worst month | −29.0% |
| Best 12 months | +300.4% |
| Worst 12 months | +27.5% |
| Positive months | 60% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
SLVR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | +12.3% | +117.6% | +300.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
SLVR performance overview
Sprott Silver Miners & Physical Silver ETF (SLVR) returned +11.1% over the past year, with distributions reinvested. Since its first recorded price on Jan 15, 2025 it has returned +125.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.3%, from Feb 27, 2026 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 55.4% a year.
Related: SLVR chart, SLVR holdings, SLVR dividends. See the SLVR overview for the latest quote and fund facts.
SLVR performance FAQ
What is the SLVR return over the past year?
SLVR returned +11.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.1%.
How much would $10,000 invested in SLVR be worth?
$10,000 invested in SLVR at its first recorded close on January 15, 2025 would be worth about $22,498 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SLVR?
The largest peak-to-trough decline was −44.3% between February 27, 2026 and October 23, 2026. It has not yet recovered to that high; it is 44.3% below its peak.
How volatile is SLVR?
Over the past history SLVR had an annualized volatility of 55.4% and a Sharpe ratio of 1.24 (excess return over 1–3 month T-bills per unit of risk).