iShares MSCI Global Silver and Metals Miners ETF (SLVP) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

iShares MSCI Global Silver and Metals Miners ETF (SLVP) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $856.0M, listed on CBOE, carrying a beta of 1.09 to the broader market. The iShares MSCI Global Silver and Metals Miners ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver exploration or metals mining. public since 2012-02-02.

Snapshot as of May 15, 2026.

Spot Price
$36.50
ATM IV
48.7%
HV 20-Day
63.1%
HV 60-Day
58.2%
IV Rank
33.8%
IV Percentile
47.6%

As of May 15, 2026, iShares MSCI Global Silver and Metals Miners ETF (SLVP) ATM implied volatility is 48.7%. 20-day realized volatility is 63.1%, producing an IV-HV spread of -14.4 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 33.8%.

How SLVP iv/hv history Data Feeds Strategy Selection

Strategy selection on iShares MSCI Global Silver and Metals Miners ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 48.7% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked SLVP iv/hv history questions

Is SLVP options pricing rich or cheap right now?
As of May 15, 2026, iShares MSCI Global Silver and Metals Miners ETF (SLVP) ATM IV is 48.7% against 20-day realized volatility of 63.1%. IV rank is 33.8%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
What is the SLVP variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. SLVP is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does SLVP IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. SLVP's current rank of 33.8% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.