How are behaviors of gold and silver exchange-traded funds (ETF) similar and different? To investigate, we compare behaviors of iShares Silver Trust (SLV) and SPDR Gold Shares (GLD) using daily and monthly return frequencies. We also look at full-sample compound annual growth rates (CAGR) and maximum drawdowns (MaxDD). Using daily and monthly returns for SLV, GLD and the S&P 500 Index (SP500) during late April 2006 (limited by SLV) through early April 2025, we find that:
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