SLV monthly performance report

Explore SLV's monthly returns, drawdown, and seasonality trends — updated every month.

SLV monthly report

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Key takeaways

  • SLV (SLV) closed November 2026 at $44.13, down 1.05% for the month and −6.94% over the trailing 12 months.
  • Year-to-date, SLV is −31.50%, underperforming the S&P 500 which has returned +10.62% YTD.
  • The stock is trading −28.93% versus its 200-day moving average ($62.10), a cautious technical signal.
  • Over the past three years, SLV has outperformed the S&P 500 by +44.63%, with a relative strength index reading of 126.
  • Win rate over the trailing 39 months stands at 53.8% — 21 positive months versus 18 negative months.

SLV ended November 2026 at $44.13, posting a monthly return of −1.05%. The S&P 500 returned −0.18% over the same window, leaving relative performance at −0.88%.

The current quarter stands at −19.04% (Q4 2026 (QTD)), while medium-term trend remains soft: price is −28.93% versus the 200-day moving average ($62.10).

Year-to-date, SLV is −31.50% against SPY +10.62%, a gap of −42.12%. The stock is currently −59.82% below its 52-week high, with maximum 3-year drawdown at −58.21%.

SLV trailing returns vs S&P 500
PeriodSLVS&P 500 (SPY)Excess return
1 Day−2.19%−0.36%−1.83%
1 Week−5.85%+2.59%−8.44%
1 Month−1.05%−0.18%−0.88%
3 Months−25.92%−2.37%−23.55%
6 Months−41.56%+0.83%−42.39%
YTD−31.50%+10.62%−42.12%
12 Months−6.94%+12.25%−19.19%
3 Years+116.01%+71.37%+44.63%
SLV best months
RankMonthReturn
#1Dec 2025+25.80%
#2Jan 2026+17.11%
#3Sep 2025+17.08%
#4Nov 2025+16.36%
#5May 2024+15.43%
SLV worst months
RankMonthReturn
#1Jun 2026−21.75%
#2Mar 2026−19.83%
#3Oct 2026−18.18%
#4Sep 2026−9.35%
#5Sep 2023−9.16%
SLV quarterly returns
QuarterReturn
Q3 2025+29.14%
Q4 2025+52.04%
Q1 2026+5.77%
Q2 2026−21.53%
Q3 2026+1.95%
Q4 2026 (QTD)−19.04%
SLV calendar year returns
YearReturn
2023−1.09%
2024+20.89%
2025+144.66%
2026−31.50%
SLV drawdown metrics
MetricValue
52-Week High$109.83 (2026-01-29)
52-Week Low$43.97 (2026-11-13)
Current Price$44.13
200-Day Moving Average$62.10
Price vs 200DMA−28.93%
3-Year Maximum Drawdown−58.21% (2026-11-13)
Current Drawdown from 52W High−59.82%
SLV relative strength vs S&P 500
RS metricValue
RS Index (3-year, rebased to 100)126
3-Year Excess Return vs S&P 500+44.63%
RS Peak327.7 (Jan 2026)
RS Trough87.4 (Feb 2024)
StatusOutperforming Benchmark

Frequently asked questions

What was SLV's return for this report period?

SLV returned −1.05% in the latest monthly window ending 2026-11-13.

Has SLV outperformed SPY year to date?

YTD SLV: −31.50% vs SPY: +10.62%.

What is SLV's 12-month return?

−6.94% over the trailing 12 months.

Is SLV above or below its 200-day moving average?

Price is −28.93% versus 200DMA ($62.10).

What is the maximum drawdown in the 3-year window?

−58.21% on 2026-11-13.