AGMI - ETF AI Analysis
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Themes Silver Miners ETF (AGMI)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in the current market environment.
Leading Silver Miners Driving Returns
Several of the largest holdings, including well-known silver and precious metals miners, have shown strong performance, helping support the fund’s overall results.
Moderate Expense Ratio for a Niche Theme
The fund’s expense ratio is moderate for a specialized silver miners ETF, allowing investors to access this focused theme without especially high ongoing fees.
Negative Factors
High Sector Concentration in Materials
With almost all assets in the materials sector, the ETF is heavily exposed to swings in commodity and mining company prices.
Short-Term Performance Volatility
The fund’s recent three-month performance has been weak, highlighting that returns can be quite volatile over shorter periods.
Small Asset Base
The ETF manages a relatively small amount of assets, which can sometimes mean lower trading liquidity and wider bid-ask spreads for investors.
AGMI vs. SPDR S&P 500 ETF (SPY)
AUM10.45M
RegionGlobal
Expense Ratio0.35%
Beta1.41
IssuerThemes
Inception DateMay 03, 2024
Dividend Yield5.39%
Asset ClassEquity
Index TrackedSTOXX Global Silver Mining Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,444
30 Day Avg. Volume2,426
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
85.46Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AGMI Summary
Themes Silver Miners ETF (AGMI) tracks the STOXX Global Silver Mining Index and focuses on companies that mine and produce silver around the world. It mainly holds materials stocks, including well-known names like Newmont Mining and Wheaton Precious Metals, plus a mix of other silver-focused miners. An investor might consider this ETF if they want targeted exposure to silver, which can benefit from demand in electronics, renewable energy, and as a precious metal. However, this fund is heavily tied to silver prices and mining stocks, which can be very volatile and may go up and down sharply.
How much will it cost me?The Themes Silver Miners ETF (AGMI) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average because the fund is actively managed and focuses on a specialized niche in the silver mining sector, requiring more research and management effort.
What would affect this ETF?Themes Silver Miners ETF (AGMI) could benefit from increased demand for silver driven by its use in renewable energy technologies and electronics, as well as its appeal as a store of value during economic uncertainty. However, the ETF may face challenges from fluctuating silver prices, regulatory changes affecting mining operations, or broader economic slowdowns that impact industrial demand for materials. Its global exposure and focus on silver mining companies like Newmont Mining and Fresnillo make it sensitive to both sector-specific trends and global economic conditions.
AGMI Top 10 Holdings
AGMI is a pure play on global silver miners, so the fund’s fate is tightly hitched to the metals and materials cycle. Heavyweights Newmont and Wheaton Precious Metals have been relatively steady, helping to anchor returns even as they’ve lost a bit of near-term momentum. On the brighter side, Aya Gold & Silver and Silvercorp Metals have been rising, giving the portfolio some welcome spark. Offsetting that strength, laggards like Pan American Silver and Endeavour Silver have been dragging on performance, underscoring how concentrated and volatile this niche can be.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| FRESNILLO | 9.90% | $1.04M | £21.90B | 109.28% | 76 Outperform | |
| Newmont Mining | 9.84% | $1.04M | $110.80B | 71.21% | 81 Outperform | |
| ― | 9.56% | $1.01M | ― | ― | ― | |
| Wheaton Precious Metals | 6.94% | $731.83K | $52.80B | 34.99% | 79 Outperform | |
| Discovery Silver | 6.15% | $649.25K | C$6.96B | 160.94% | 48 Neutral | |
| First Majestic Silver | 4.53% | $477.34K | $8.80B | 119.04% | 69 Neutral | |
| Aya Gold & Silver | 4.51% | $475.55K | C$4.03B | 119.53% | 66 Neutral | |
| Endeavour Silver | 4.12% | $434.13K | $2.51B | 78.87% | 58 Neutral | |
| Silvercorp Metals | 4.03% | $424.74K | C$3.50B | 173.10% | 73 Outperform | |
| Pan American Silver | 3.99% | $420.41K | $20.52B | 68.48% | 80 Outperform |
AGMI Technical Analysis
Negative
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Price Trends
68.55
Negative
71.41
Negative
65.32
Negative
Market Momentum
-2.18
Positive
41.61
Neutral
23.49
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGMI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 64.12, equal to the 50-day MA of 68.55, and equal to the 200-day MA of 65.32, indicating a bearish trend. The MACD of -2.18 indicates Positive momentum. The RSI at 41.61 is Neutral, neither overbought nor oversold. The STOCH value of 23.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AGMI.
AGMI Peer Comparison
Comparison Results
Performance Comparison
AGMI
Themes Silver Miners ETF
61.35
25.93
73.21%
METL
Sprott Active Metals & Miners ETF
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REXC
Sprott Rare Earths Ex-China ETF
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FMTL
First Trust Indxx Critical Metals ETF
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AUMI
Themes Gold Miners ETF
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COPA
Themes Copper Miners ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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