SLV vs VIVK: Correlation
Measured on weekly returns over the past three years, iShares Silver Trust (SLV) and Vivakor, Inc. (VIVK) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLV and VIVK?
Over the past 3 years, SLV and VIVK moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.18 over 3. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -1038.1 %².
Within SLV's tracked universe of 34 assets, VIVK comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SLV ahead by 179.4 points (+79.4% versus -100.0%). One caveat on sizing: VIVK is 3.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
SLV vs VIVK: side by side
| SLV (iShares Silver Trust) | VIVK (Vivakor, Inc.) | |
|---|---|---|
| 1-year return | +79.4% | -100.0% |
| 5-year return | +182.0% | -100.0% |
| Volatility (ann.) | 38.6% | 148.8% |
| Beta vs S&P 500 | 0.80 | 1.02 |
| Max drawdown (3Y) | -52.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Expense ratio | 0.50% | – |
| Assets under management | $28.1B | – |
| Sector / category | ETF · Commodities | US Listed |
SLV, iShares's Commodities Focused fund, carries $28.1B under management, a 0.50% expense ratio, a 0.00% trailing dividend yield.
Year-by-year returns
| Year | SLV | VIVK |
|---|---|---|
| 2022 | +2.4% | -86.8% |
| 2023 | -1.1% | +1.8% |
| 2024 | +20.9% | +16.6% |
| 2025 | +144.7% | -99.2% |
| 2026 | -2.6% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLV and VIVK good diversifiers for each other?
Yes. With a correlation of -0.18, SLV and VIVK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SLV and VIVK?
As of 2026-08-27, the correlation of weekly returns between SLV and VIVK is -0.18 over 3 years, -0.25 over 1 year and -0.07 over 5 years.
Is VIVK a good diversifier for SLV?
Yes. With a correlation of -0.18, SLV and VIVK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/slv-vs-vivk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/slv-vs-vivk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLV correlations · VIVK correlations
