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AGMI - AI Analysis
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Themes Silver Miners ETF (AGMI)
Rating:60Neutral
Price Target:
$61.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Fresnillo and Discovery Silver, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's heavy allocation to the materials sector aligns well with its theme, benefiting from silver mining industry trends.
Reasonable Expense Ratio
With a relatively low expense ratio of 0.35%, this ETF offers cost-efficient exposure to its niche market.
Negative Factors
Sector Concentration Risk
Nearly 90% of the ETF is allocated to the materials sector, making it highly sensitive to fluctuations in commodity prices.
Geographic Over-Concentration
The ETF is heavily weighted toward North America, with limited exposure to other global markets, reducing diversification.
Mixed Performance Among Holdings
Some holdings, like Aya Gold & Silver and Wheaton Precious Metals, have shown weaker year-to-date performance, potentially dragging on overall returns.
AGMI vs. SPDR S&P 500 ETF (SPY)
AUM6.36M
RegionGlobal
Expense Ratio0.35%
Beta1.04
IssuerThemes
Inception DateMay 03, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedSTOXX Global Silver Mining Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,860
30 Day Avg. Volume3,899
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
61.45Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
AGMI Summary
Themes Silver Miners ETF (Ticker: AGMI) is an investment fund that focuses on companies involved in silver mining, offering exposure to the materials sector. It tracks the STOXX Global Silver Mining Index and includes well-known companies like Newmont Mining and Fresnillo. Investors might consider AGMI if they are interested in the growth potential of silver, which is used in renewable technologies, electronics, and as a store of value. However, new investors should be aware that the ETF’s performance is closely tied to silver prices, which can be volatile and influenced by global economic conditions.
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
Themes Silver Miners ETF (AGMI) is heavily concentrated in the materials sector, with a global mix of silver mining companies driving its performance. Discovery Silver is shining brightest, with strong momentum and promising growth prospects, while Fresnillo and Newmont Mining are steady contributors thanks to robust financial health and operational efficiency. However, Wheaton Precious Metals is losing some luster, with recent declines in free cash flow growth weighing on its outlook. Overall, AGMI’s focus on silver miners positions it to benefit from industrial and economic demand for this precious metal.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Newmont Mining | 9.50% | $603.74K | $88.36B | 78.90% | 81 Outperform | |
| FRESNILLO | 9.15% | $581.56K | £16.37B | 214.79% | 72 Outperform | |
| ― | 8.68% | $552.15K | ― | ― | ― | |
| First Majestic Silver | 6.69% | $425.53K | $6.23B | 77.86% | 70 Outperform | |
| Endeavour Silver | 5.62% | $357.48K | $2.38B | 68.38% | 56 Neutral | |
| Discovery Silver | 5.32% | $338.07K | C$4.70B | 553.12% | 48 Neutral | |
| Wheaton Precious Metals | 5.24% | $333.42K | $43.76B | 48.20% | 71 Outperform | |
| Pan American Silver | 3.99% | $253.76K | $14.84B | 53.15% | 79 Outperform | |
| Southern Copper | 3.84% | $243.93K | $112.73B | 30.34% | 78 Outperform | |
| Triple Flag Precious Metals | 3.75% | $238.47K | C$8.04B | 63.79% | 78 Outperform |
AGMI Technical Analysis
Neutral
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Price Trends
50.75
Positive
43.96
Positive
36.89
Positive
Market Momentum
0.23
Positive
49.08
Neutral
43.30
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGMI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 54.63, equal to the 50-day MA of 50.75, and equal to the 200-day MA of 36.89, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 49.08 is Neutral, neither overbought nor oversold. The STOCH value of 43.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AGMI.
AGMI Peer Comparison
Comparison Results
Performance Comparison
AGMI
Themes Silver Miners ETF
52.55
22.86
77.00%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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COPP
Sprott Copper Miners ETF
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METL
Sprott Active Metals & Miners 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.
Disclaimer
This 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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