iShares Silver TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$17.85
- Net Assets:$5,987.4 Million
- Peer Rank:15 of 41
- Investment Rating:C+
We rate iShares Silver Trust at C+. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Sector - Precious Metals strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The iShares Silver Trust has returned an annual rate of 2.55% since inception. More recently, the fund has generated a total return of -12.12% in the last five years, 0.96% in the last three years, and 25.35% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 10% of them. It has also outpaced 30% of its competitors on a three year basis and 88% of them over the last year for the period ending 6/30/2016. On a year to date basis, SLV has returned 42.08%.
Downside risk has been above average. SLV has a draw down risk of -41.64%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 26.6%. This fund has experienced excessive volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $17.85, which is 0.3% below its 52-week high of $17.90 and 18.7% above its 52-week low of $15.04.
Low expense ratio helps performance. As SLV is an exchange traded fund, it has no front end or back end load.
The iShares Silver Trust is managed by a team at BlackRock Fund Advisors. This fund is one of 305 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.