AGMI - ETF AI Analysis
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Themes Silver Miners ETF (AGMI)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Top Holdings Performing Well
Many of the largest positions, including several well-known silver and precious metals miners, have delivered strong year-to-date returns that support the fund’s overall results.
Moderate Expense Ratio
The fund’s expense ratio is moderate for a specialized thematic ETF, helping investors keep more of their returns compared with higher-cost niche funds.
Negative Factors
Heavy Sector Concentration
With most of its assets in the materials sector, the ETF is highly sensitive to swings in metals and mining markets.
Focused Silver Mining Theme
Because the fund targets silver miners specifically, its performance can be more volatile and tied to silver prices than a more diversified commodities or equity ETF.
Small Asset Base
The relatively low assets under management may lead to lower trading liquidity and potentially wider bid-ask spreads for investors.
AGMI vs. SPDR S&P 500 ETF (SPY)
AUM15.30M
RegionGlobal
Expense Ratio0.35%
Beta1.32
IssuerThemes
Inception DateMay 03, 2024
Dividend Yield4.76%
Asset ClassEquity
Index TrackedSTOXX Global Silver Mining Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,257
30 Day Avg. Volume5,894
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
86.70Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering32
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AGMI Summary
Themes Silver Miners ETF (AGMI) is an exchange-traded fund that follows the STOXX Global Silver Mining Index, focusing on companies that mine and produce silver around the world. It mainly holds materials-sector stocks, including well-known names like Newmont Mining and Wheaton Precious Metals. Investors might consider AGMI if they want targeted exposure to silver, which is used in electronics, solar panels, and as a precious metal, offering potential growth and diversification away from broad stock market funds. A key risk is that silver prices can be very volatile, so the ETF’s value can rise and fall 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 silver miners, and that focus cuts both ways. First Majestic Silver and Silvercorp Metals have been among the few brighter spots, helping to steady the fund as many peers lose altitude. Heavyweights like Newmont, Wheaton Precious Metals, and Fresnillo have been lagging, acting more like brakes than engines lately. With nearly all its risk tied to the materials sector and a global mix of names from North America, the U.K., and Asia, this ETF rises and falls with sentiment toward silver mining.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| FRESNILLO | 10.51% | $1.43M | £24.81B | 306.34% | 76 Outperform | |
| Newmont Mining | 10.51% | $1.43M | $124.72B | 155.00% | 81 Outperform | |
| First Majestic Silver | 9.48% | $1.29M | $10.56B | 305.72% | 69 Neutral | |
| Wheaton Precious Metals | 6.39% | $868.70K | $62.03B | 92.70% | 79 Outperform | |
| ― | 5.60% | $760.42K | ― | ― | ― | |
| Pan American Silver | 4.52% | $614.42K | $23.83B | 158.75% | 80 Outperform | |
| Discovery Silver | 4.33% | $588.50K | C$7.84B | 485.59% | 48 Neutral | |
| Endeavour Silver | 4.33% | $587.97K | $2.85B | 204.13% | 58 Neutral | |
| Zijin Mining Group Co | 3.82% | $519.36K | HK$970.74B | 137.41% | 72 Outperform | |
| Silvercorp Metals | 3.71% | $503.67K | C$3.42B | 247.20% | 73 Outperform |
AGMI Technical Analysis
Positive
―
Price Trends
75.62
Negative
68.80
Positive
55.76
Positive
Market Momentum
-2.41
Negative
48.84
Neutral
86.49
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGMI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 68.22, equal to the 50-day MA of 75.62, and equal to the 200-day MA of 55.76, indicating a neutral trend. The MACD of -2.41 indicates Negative momentum. The RSI at 48.84 is Neutral, neither overbought nor oversold. The STOCH value of 86.49 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AGMI.
AGMI Peer Comparison
Comparison Results
Performance Comparison
AGMI
Themes Silver Miners ETF
69.54
42.51
157.27%
METL
Sprott Active Metals & Miners ETF
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―
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AUMI
Themes Gold Miners ETF
―
―
―
FMTL
First Trust Indxx Critical Metals ETF
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―
―
COPA
Themes Copper Miners ETF
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―
―
AUAU
Global X Gold 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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